The crypto market currently sits in a tight bear grip. After a staggering rise in 2021, which saw bitcoin smashing the $60,000 mark and Ethereum's long-promised $3000, the crypto run has hit a hard stop. Bitcoin has already dropped 50% from its all-time high and trades around $30,000. It is the case with almost every crypto asset. Even if we take the altcoins, the story is no different.
For instance, LUNA, one of the most promising crypto projects that promised scalability and security to the blockchain ecosystem, has wiped out most of its valuation. From an all-time high of $119 on Apr 05, 2022, to $0.00005484, the coin has decreased 100% in market price and capitalisation. It once boasted a robust valuation of $20 billion and currently has less than a $600 million market cap.
One of the core principles of investing is investigating and examining the investments. Where you put your hard-earned money is of vital significance, as any wrong investment will affect your portfolio and become a hindrance to pursuing future trades.
While investigating your favourite investment option, traders usually employ proven strategies and tools to amplify their chances of a successful trade. One of the widely acknowledged tools in cryptocurrency is the crypto tradingview integration. Let us try to understand what tradingview is and how it works.
TradingView Crypto Indicators
TradingView indicators are merely a set of calculations that you can plug into your chart to buy or sell. For example, if you want to know the probability of a specific coin's price moving up within ten days, you have to download an indicator that tells you those numbers and drag it over your chart.
Once installed, TradingView crypto indicators will appear as coloured boxes on your charts. The colour corresponds with which type of market they're tracking: green means bullish while red means bearish. You can also hover over these boxes to see what values they're calculating (like "the probability of Bitcoin going up by 20% in 5 days").
To add an indicator:
- Go into one of your open charts and click on “Add Indicator” in the top menu bar on the left-hand side
- Click on New Custom Indicator
- Paste code from the webpage where applicable
- Hit the Save Changes button at the bottom left corner!
TradingView Crypto Screener
You can search for specific coins, trading pairs, exchanges and exchange pairs. For example, you want to find all the coins that trade at Binance. You might be thinking about doing this because you've heard a lot of good things about Binance but aren't sure if it's right for you or not.
You go to TradingView Crypto Screener and enter "Binance" as the exchange. You'll see all the coins listed on Binance (including BTC, ETH, LTC and more). If you want to find coins only available on Binance, type in "BINANCE".
TradingView Crypto Bot
TradingView Crypto bot is a tool that allows you to automate your trading strategies. TradingView Crypto bot helps you build, test, and execute your trading strategies.
TradingView has been around for quite some time now, and it's grown into one of the most popular charting tools in the world. It started as a simple stock charting platform but expanded its services to include Forex and Cryptocurrency charts.
The company also offers additional features like email alerts, advanced technical analysis indicators, portfolio management tools etc. These additional features help traders make better decisions regarding trading on various platforms such as Binance or C-Trade etc.
Upon hearing about C-Trade, you might ask yourself, "What is this platform, and how does it work?" Before answering that question, you'll need to learn the basic terminology and how the process works. Here are the most important things you should know:
Make Smart Investment Choices with C-Trade’s TradingView
Founded in 2019, C-Trade is a next-generation derivatives exchange based in the British Virgin Islands. C-Trade developed and continues to invent world-class solutions to provide the best possible trading experience. The team enjoys working in a fast-paced, collaborative environment and is committed to technological breakthroughs in the pursuit of excellence.
Due to its fantastic bonuses, awards and competitions, C-Trade is one of the best derivatives platforms. It also allows for ultra-fast transactions and guarantees that you won't miss a potential trade. You can trade numerous crypto assets such as Bitcoin, Ethereum, Litecoin and Ripple. It also offers derivatives with up to 150x leverage.
What does C-Trade Offer To Its Users
The platform offers traders several benefits, such as:
- C-Trade gives its users the ability to trade multiple cryptocurrencies on one platform. You can trade crypto assets like Bitcoin and Ethereum on C-Trade.
- C-Trade provides its users easy access to the crypto TradingView screen without opening separate accounts at different brokers or exchanges.
- C-Trade TradingView is a multi-asset trading platform that allows you to access hundreds of strategies and tools to strengthen your trade.
You can use the platform for:
- Cryptocurrency trading based on technical indicators;
- Crypto derivatives trading using fundamental analysis;
- Crypto trading through technical analysis tools such as candlesticks or financial charts.
To Wrap It Up
TradingView is an excellent option for any trader looking for professional solutions with various tools. TradingView tools and educational resources are also free and cover all the basics of charting and advanced analysis in great detail.
For beginners, TradingView is a far better and cheaper option. The built-in social network can also help newbies understand the basics of technical analysis and investing, but pay attention to the advice and ideas presented in the social section. Overall, the TradingView Trades component is worth investigating if you want to experiment with charting tools without spending too much money on the site.
C-Trade offers TradingView charts, which enable users to view and track the price charts of hundreds of assets comprising cryptocurrencies and share and discuss crypto trading ideas. In volatile markets like crypto, the indicators are essential for technical analysis because they offer traders highly sought-after proportions of price predictability.
So there you have it: all the information you'll need to get started using C-Trade TradingView in 2022. We hope this guide has helped you out and that you now feel more comfortable with what C-Trade is offering in terms of trading technology. For more information, check out our other blogs.