How can I use trading view to analyze Bitcoin price movements?
ThamaraDec 10, 2020 · 5 years ago1 answers
I'm new to trading view and I want to learn how to analyze Bitcoin price movements using this platform. Can someone guide me on how to get started and what tools or indicators I should use? I'm particularly interested in understanding the different charting features and how to interpret them for Bitcoin analysis.
1 answers
- Laretta RomanoApr 04, 2021 · 4 years agoTrading view is a fantastic platform for analyzing Bitcoin price movements. To get started, you can create a free account on their website. Once you're logged in, you'll have access to a wide range of charting tools and indicators. Some popular indicators for Bitcoin analysis include the Moving Average Convergence Divergence (MACD), the Relative Strength Index (RSI), and the Bollinger Bands. These indicators can help you identify trends, overbought or oversold conditions, and potential support or resistance levels. It's important to experiment with different indicators and chart settings to find a strategy that works for you. Remember, trading involves risks, so always do your own research and make informed decisions. Happy trading!
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