📈Let’s get to know 6 tools to help traders analyze charts on Bitazza App
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Starting with the horizontal menu tools on the top of the page.
1️⃣Chart Types
Traders can select their preferred chart types, whether Bars, Lines, Area types, or the most popular type like Candles.
2️⃣Indicators, Metrics & Strategies
Traders can use these for evaluating projects based on market data, e.g., price, volume, and time, combined with trading psychology that aims to predict market behavior based on previous data. These include Relative Strength Index (RSI), Moving Averages (MA) or Support and Resistance.
3️⃣Save Charts
Traders evaluate projects based on price trends and patterns you see on the charts. You can now conveniently save charts to look at statistical trends, market sentiments, and price movements when planning trades.
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Let’s take a look at the vertical menu tools on the left of the page.
4️⃣Trend Line
Traders can use it to identify price trends and provide a clearer picture.
5️⃣Gann and Fibonacci Tools
Traders can use these to predict areas of support and resistance, key tops and bottoms, and future prices
6️⃣ Zoom In
If any trader can’t see the chart clearly, you can use this tool to enlarge the chart
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Finally, Remove Objects
When traders finish using tools or other orders for analysis, you can use this tool to delete unwanted tools.
Source: Tradingview.com
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Disclaimer:
Cryptocurrency and Digital tokens are highly risky; investors may lose all investment money. Investors should study information carefully and make investments according to own risk profile.
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