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Topic: Best technical tools (Read 1171 times)

sr. member
Activity: 882
Merit: 282
November 06, 2017, 02:08:55 PM
#40
Which websites do you use to monitor thinks as: number of short/long positions in BTC, money in/out flow, and other technical graphs?
most of the trading exchange platforms provide this information and I completely Relay on them as everything are related to the volume of trade in that particular platform. I don't think we lack basic trading tools as most of the technical indicators and charting are provided free of charge on most of the exchangers platforms. I do used candlestick indicators and formations to make my trading decision.
sr. member
Activity: 658
Merit: 260
CryptoTalk.Org - Get Paid for every Post!
November 06, 2017, 01:39:56 PM
#39

As people are suggesting here, for me also coinmarketcap is the best place to visit at the first glance. If anytime it strikes to my mind that I have to see the price of bitcoin then I will hit the coinmarketcap button and nothing else. So you see how important it is.


It shows realistic price from all the exchangers and also the traded volume from the specific exchangers. This is like  whole earth’s updates are coming at one centre only which means its prime location to checkout the in/out flows for the bitcoin and its investment. Worth visiting really.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
November 06, 2017, 11:15:24 AM
#38
Which websites do you use to monitor thinks as: number of short/long positions in BTC, money in/out flow, and other technical graphs?
Depends on your trading and other needs.  Block cipher is nice for all things blockchain, there is even a miner preference value where you can see how well the miners will like a TX.  Coin market cap for coin info, this usually has the links for the announcements and other needed coin ref's.
 
There is also crypto guru and a few others.  You can google for many more.
newbie
Activity: 25
Merit: 1
November 04, 2017, 03:59:01 PM
#37
If you trade on GDAX - try Medved Trader, PC software trading platform. It connects to GDAX (and a bunch of other more conventional brokers) to pull down the data and uses it for the trader's tools - charts, tech. indicators, scans, alerts, etc. This kind of software is common for traders in regular markets, but is severely lacking for crypto trading. That's why we connected it to GDAX, so that crypto traders can utilize the same methods to trade that Forex traders can (since crypto is basically Forex).

Integrations with other exchanges (Bitfinex and HitBTC to start with) are coming shortly.

It doesn't cost anything to try - go to www.medvedtrader.com, register, download the software and run it.
full member
Activity: 280
Merit: 101
October 31, 2017, 06:46:03 AM
#36
I only use tradingview.com to see the chart. I never use the other. I use the graph provide by the marketplace. I think thats enough to see the price movement.
newbie
Activity: 14
Merit: 0
October 31, 2017, 04:23:36 AM
#35
For me i use hourly candlestick charts.
and the tools are.
1.rsi 14 on close indicator.
2.and 2 exponential  moving average one of 13 another is 34.

My setup is simple for gaining profit every time.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
October 21, 2017, 10:49:00 AM
#34
Block chain is the oldest chain site that we remember using, but it has gotten a little overtaken by block cypher and others, although it is still the choice for BTC online wallets.  Yobit has the latest prices with the highest volumes at the moment, so that is probably the best overall price for BTC as far as accuracy at a given moment.
jr. member
Activity: 38
Merit: 10
October 18, 2017, 09:16:11 AM
#33
Which websites do you use to monitor thinks as: number of short/long positions in BTC, money in/out flow, and other technical graphs?
There are many support sites that help you analyze the chart of bitcoin. But I regularly use www.tradingview.com. I appreciate this site very well.
member
Activity: 84
Merit: 10
October 18, 2017, 09:07:37 AM
#32
i personally use trading view simply because of their charts, and forums where members provide trading ideas and setups. also the site has got numerous technical indicators which are perfect for analysing trading charts
full member
Activity: 182
Merit: 100
October 18, 2017, 07:35:06 AM
#31
I used to use tab trader on mobile.
if on PC, for e.g : bittrex, I use studies tool from its feature.
full member
Activity: 434
Merit: 100
October 17, 2017, 11:36:18 AM
#30
use tab trader for phone, trading veiw and meta trader for computer
member
Activity: 94
Merit: 10
October 17, 2017, 11:18:50 AM
#29
Nice, thanks for all the awesome replies, I'll definitely check them out!
member
Activity: 73
Merit: 11
October 17, 2017, 10:08:23 AM
#28
https://coinalyze.net/candlestick-patterns/ for candlestick patterns. it auto-detect candlestick patterns on different timeframes
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
October 17, 2017, 07:07:10 AM
#27
I never look for much of the technical tools, most of the what I do is just go through the growth chart of the asset. From that we can make a prediction about the price movements. Majority of the predictions have gone successful, but I don't focus big profits. Even when a small value change happens used to benefit out of it.
newbie
Activity: 15
Merit: 0
October 17, 2017, 07:03:40 AM
#26

A readme or help button would fit in just fine anywhere on page.

It's also new to me, so I am still trying to find out the best interpretation. So far I find more interesting buy\sell view mode, where I focus more on ratio between sell and buy volume, it's looks like a good indicator of market sentiment. I Also updated the chart yesterday, try to turn on "order book". It's heatmap of orderbook, just awesome way to visulize support and resistence.

Would you be willing to kick off some draft of readme? I kind of suck in describing things clearly and easily :/ Any help would be greatly appreciated...

On your way leveling up you should take a peek at http://whalepool.io:8080/coinorama/ they got that Bits/Asks Ratio too, just classical line charts.
I will try to collect my experiences from using your charts. At the moment you are asking the first rookie strolling along for writing a fine manual and I am more like "wuuut? clueless..."
Will see what I can provide.

It's more like gathering your experience. I would compile such input from multiple traders into one easy to read text Wink
I will look at coinorama, thank you for the link...
newbie
Activity: 3
Merit: 0
October 17, 2017, 06:31:30 AM
#25
Cryptocompare.com lets you used tools common in the industry, from what I've seen.

But if you have no knowledge of financial markets it may be hard to get how to correctly interpret them.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
October 17, 2017, 05:52:15 AM
#24

A readme or help button would fit in just fine anywhere on page.

It's also new to me, so I am still trying to find out the best interpretation. So far I find more interesting buy\sell view mode, where I focus more on ratio between sell and buy volume, it's looks like a good indicator of market sentiment. I Also updated the chart yesterday, try to turn on "order book". It's heatmap of orderbook, just awesome way to visulize support and resistence.

Would you be willing to kick off some draft of readme? I kind of suck in describing things clearly and easily :/ Any help would be greatly appreciated...

On your way leveling up you should take a peek at http://whalepool.io:8080/coinorama/ they got that Bits/Asks Ratio too, just classical line charts.
I will try to collect my experiences from using your charts. At the moment you are asking the first rookie strolling along for writing a fine manual and I am more like "wuuut? clueless..."
Will see what I can provide.
newbie
Activity: 15
Merit: 0
October 17, 2017, 03:44:43 AM
#23
You can try https://cointerminal.io and https://cointerminal.io/heatmap. If you like to use technical indicators or more advanced statistics, this tool can provide a lot of inside and fast overview of major exchanges. Heatmap is an experiment with alternative trading volume charting. It displays exactly where trades were executed, visualized directly onto candlesticks...

Disclaimer:  I am creator of this app.

Complete new concept to my eyes, not seen anywhere before. Care to explain how to use these charts?
Difficulties in understanding...
I can see that downwards candle from 10 o'clock yesterday, 2017-10-15 where the lower part of the candle got the highest heat on Bitfinex (trading BTC/USD). From visual alone I would guess most of the volume tokes places after the drop in value, traders catching the falling knife.
Last hour of the day 23:00 the reversal candle has the hot end in it's upper side, again damping the move, this time the upwards motion.

That's the basic idea? Low temperature candles of small size suggesting a sideways motion following?
A readme or help button would fit in just fine anywhere on page.

It's also new to me, so I am still trying to find out the best interpretation. So far I find more interesting buy\sell view mode, where I focus more on ratio between sell and buy volume, it's looks like a good indicator of market sentiment. I Also updated the chart yesterday, try to turn on "order book". It's heatmap of orderbook, just awesome way to visulize support and resistence.

Would you be willing to kick off some draft of readme? I kind of suck in describing things clearly and easily :/ Any help would be greatly appreciated...
full member
Activity: 434
Merit: 100
October 17, 2017, 12:52:39 AM
#22
I also do not know until now and I am also still find out. bitcoin is not as easy as we imagine there are still many things we do not know yet.
newbie
Activity: 13
Merit: 0
October 16, 2017, 06:47:39 PM
#21
As someone new to crypto this thread is very good and informative. Thanks everyone Smiley
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