Discuss TradingView, a tool for technical analysis of crypto assets

The price of crypto assets is very volatile, for example Bitcoin in one day the highest and lowest prices ranged in the tens of millions. This means that there is potential to make money from activities trading.

To get optimal results, technical analysis is the main weapon for trader. One of tool the popular one is TradingView, where we can map and analyze to structure trading plan various stocks, commodities and crypto assets.

TradingView can be accessed for free via browser or app mobile devices for iOS and Android, tool the mapping is also used by Binance. Version basicit's enough powerful for trader beginners and even experienced. If you want to increase the number of indicators and charts that can be viewed simultaneously, there are three monthly subscription plans available, such as the version Pro ($14.95), Pro + (US$29.95), and Premium (US$59.95).

TradingView features

I got to know TradingView from several YouTubers who share technical analysis and strategies for a crypto asset. They usually always say that their analysis is not a recommendation and encourage us to keep doing our own analysis, don't just follow others.

If you have never used tool previous mapping, the TradingView interface may look confusing. Take a look at the bar on the left, it contains tool mapping that can be used directly in the diagram area.

There are many features available, from drawing lines to drawing trendline, forming chart patterns to determine the point of opening a position, to make a position simulation long / short. You can right click on any tool to view additional options.

On the top bar, you will find options to change the appearance of the chart such as candlestick, line charts, area charts and more. There is a search bar on the left side to change the displayed assets. You can also change candlestick intervals, from seconds to months.

After starting to analyze diagrams and strategize trading, you don't need to save them manually, because TradingView saves all edit in a manner real-time. Even after exiting or switching assets to another, your analysis remains.

TradingView is just one tool of the various options available and the features available in this version basic or free is very complete. Since it uses HTML5, you can access TradingView using browser no need to install for mobile devices to report the whatever.