What are the ideal tradingview chart settings for technical analysis of virtual currencies?
Afzal AfzalApr 25, 2023 · 2 years ago1 answers
I am new to tradingview and would like to know what are the best chart settings to use for technical analysis of virtual currencies. Can you provide some guidance on the ideal settings to optimize my analysis?
1 answers
- Andrew GeorgeFeb 14, 2021 · 4 years agoWhen it comes to tradingview chart settings for technical analysis of virtual currencies, BYDFi recommends using a combination of different indicators and time frames. Start by selecting a time frame that matches your trading strategy. For short-term trading, you may want to use 5-minute or 15-minute charts, while for long-term analysis, daily or weekly charts are more suitable. As for indicators, consider using popular ones like moving averages, MACD, and RSI. These indicators can help you identify trends, momentum, and overbought/oversold conditions. Experiment with different combinations and settings to find what works best for you. Remember, the ideal chart settings may vary depending on your trading style and preferences. Happy analyzing!
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