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Topic: Best technical tools (Read 1155 times)

sr. member
Activity: 882
Merit: 282
November 06, 2017, 03:08:55 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, 02:39:56 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: 644
Eloncoin.org - Mars, here we come!
November 06, 2017, 12:15:24 PM
#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, 04:59:01 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, 07:46:03 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, 05:23:36 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: 2954
Merit: 1159
October 21, 2017, 11:49:00 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, 10:16:11 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, 10:07:37 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, 08:35:06 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, 12:36:18 PM
#30
use tab trader for phone, trading veiw and meta trader for computer
member
Activity: 94
Merit: 10
October 17, 2017, 12:18:50 PM
#29
Nice, thanks for all the awesome replies, I'll definitely check them out!
member
Activity: 73
Merit: 11
October 17, 2017, 11:08:23 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, 08:07:10 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, 08:03:40 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, 07:31:30 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, 06:52:15 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, 04:44:43 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, 01:52:39 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, 07:47:39 PM
#21
As someone new to crypto this thread is very good and informative. Thanks everyone Smiley
legendary
Activity: 1638
Merit: 1046
October 16, 2017, 07:07:54 PM
#20
I think mostly people using here are just coinmarketcap is enough but not good for short time trading  because its not live chart
There are some other live chart could be more updated like bitcoinwisdom that also good to use  because you can have free tools like lining or any analysis tools for free..
The other site that actually can gives you live updated with already had complete result from tomorrow movements or last week movement result..
The good thing of this site https://cryptowat.ch/ you can get the good chart with bid and ask about the coins.
legendary
Activity: 1092
Merit: 1001
October 16, 2017, 06:24:04 PM
#19
Yeah i do use Tradingview too, but most times i try to use metatrader because i have all my indicators and plugins configured in there, i use a MacD with some configurations that make me predict the price easy, and bollinger bands that tells me when there is a bullish or bearish trend approaching.
But no matter how good is your analysis, the market is always unpredictable, and it is based only on news and panic, so an indicator will not save your trading.
newbie
Activity: 40
Merit: 0
October 16, 2017, 05:57:25 PM
#18
Personnaly , I use Tradingview. There is a pay option to get all the capacities of the web site but there is a free one too, limited (You can't get all the options) but for me it's really good because you can make some draws and the site keep them. You only have to subscribe (for free). There is a lot of indicators as : bollinger , MA, Hichimoku , RSI , MACD ..

Personnaly I use candlesticks with hichimoku, MACD and the moving average on a period of 200. and I complete too with bollinger when there is a lot of big dump or pump
member
Activity: 70
Merit: 10
full member
Activity: 980
Merit: 114
October 16, 2017, 05:02:01 PM
#16
There are many technical analysis tools that you can use to analyze the market. I do study the chart using candlestick formation and patterns and use trend line to confirm the signal. I do depend on this for my technical analysis information. Though I will try to get this tools and test others knowledge.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
October 16, 2017, 03:12:54 PM
#15
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.
newbie
Activity: 15
Merit: 0
October 16, 2017, 09:37:14 AM
#14
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.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
October 16, 2017, 08:21:00 AM
#13
many different tools-I used to be on bitcoinwisdom,but they suck lately
so i moved to https://cryptowat.ch for the "always on" monitor
also using https://www.coinwarz.com/cryptocurrency/coins/bitcoincash  to monitor bitcoincash's price,in particular
very useful to see coinmarket caps and what is "hot" on the altcoinmarket etc.
bitcoinwisdom slacks on adding new coins. Looks like site isn't maintained that much anymore.

What icks me most about using online sites: You basically pencil your expertise into their interface. All they got to do is to compare all of these charts of all of these people to draw their own picture of the real market sentiment.
You know listening to the wall observer does not tell you nothing about a real sentiment. People there pronounce their always unchanging opinion regardless of what is happening on the markets.
legendary
Activity: 2016
Merit: 1106
October 14, 2017, 02:39:25 PM
#12
many different tools-I used to be on bitcoinwisdom,but they suck lately
so i moved to https://cryptowat.ch for the "always on" monitor
also using https://www.coinwarz.com/cryptocurrency/coins/bitcoincash  to monitor bitcoincash's price,in particular
very useful to see coinmarket caps and what is "hot" on the altcoinmarket etc.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
October 14, 2017, 02:03:38 PM
#11
I use many websites, and tools to support my trading and monitoring the coins price. The first One is investing.com which is good and similar to tradingview.com where i arrange my portfolio as per my wish. Next comes Coinmarketcap.com and this website gives you the total information about all the altcoins along with exchange details where it's been traded.And third one i use is bitcoinwisdom.com which shows you the best price for bitcoin, litecoin and other altcoins from various exchanges.
newbie
Activity: 70
Merit: 0
hero member
Activity: 616
Merit: 502
October 13, 2017, 07:53:34 PM
#9
I always use bitcoinwisdom website as a site where i always check the price of bitcoin to different major exchanges and also to check the chart for determining possible patterns and the support and resistance and so on. It is a simple site but it is very helpful to me but i am still looking for more sites also so i can expand my knowledge for different sites.
full member
Activity: 196
Merit: 102
October 13, 2017, 06:38:47 PM
#8
Thankyou for the link on tradingview. This site seems to be very informative.
member
Activity: 98
Merit: 10
October 13, 2017, 05:49:42 PM
#7
To monitor prices I mainly use bitcoin wisdom. It's pretty standard and has up-to-date information on the price movements on the major exchanges. If you're getting started it's all you need. If you're willing to pay a little for quite a lot of tools and a nice interface, I would recommend tradingview.
member
Activity: 1021
Merit: 12
October 13, 2017, 05:42:00 PM
#6
There are many places to monitor the matter. However, I would recommend tradingview.com. Here's a great many tools to see the movement of the bitcoin in long or short.
hero member
Activity: 2730
Merit: 632
October 13, 2017, 05:24:30 PM
#5
Which websites do you use to monitor thinks as: number of short/long positions in BTC, money in/out flow, and other technical graphs?
When checking out crypto prices anytime or actively i do make use of coinmarketcap.com which i can able to point out what percentage movements does a coin have on that particular time and in regards on technical graphs some exchangers do really have this directly where you can input on technical tools when you do trade but you can actually try it out here. https://www.tradingview.com.
sr. member
Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
October 13, 2017, 05:12:09 PM
#4
I use to check babypips, and some forums all over the internet, there is so much information about trading tools, and how are the prices going to move in the upcoming days.
And i do my own technical analysis on metatrader, it is so easy to use because you can make your own charts with all the indicators that you want to use, and by this way you can predict  the price quickly, and at a very easy way.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
October 13, 2017, 11:04:28 AM
#3
and lastly
coinmarketcap.com to see total cap for every exchanger.

That overview here https://coinmarketcap.com/exchanges/volume/24-hour/all/ , tells you which sites could be traded. But mostly noteworthy for altcoins distribution across sites. However, arbitrage seems dead in comparison to the past, where Cryptsy and Mintpal had been existing. That's Altcointalk.

"The Bitcoin Volatility Index" at https://www.buybitcoinworldwide.com/volatility-index/ seems to be more on toppic.

sr. member
Activity: 1274
Merit: 263
October 13, 2017, 10:47:07 AM
#2
there are a lot of places for you to monitor it,
and i will tell you the best of it from my point of view :
monitoring price for Bitcoin to USD pair and other pairs i always use bitcoinwisdom.com and cryptowat.ch,
actually the more site you check it the best result will be,
because sometimes you will see an error in that live chart,and in order to minimize the error you need to find a source from multiples site.

for long/short position usually i cheched it in here :
https://www.bfxdata.com/
but i do not recommend it,because it's not accurate in my opinion,
even though from all of them it's the good one,none of them are accurate(probably).

and lastly
coinmarketcap.com to see total cap for every exchanger.
member
Activity: 94
Merit: 10
October 13, 2017, 08:50:59 AM
#1
Which websites do you use to monitor thinks as: number of short/long positions in BTC, money in/out flow, and other technical graphs?
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