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Are there any reliable terminal-based tools for analyzing cryptocurrency market trends?

avatarabdumal1kov_11_02 _Dec 29, 2021 · 3 years ago3 answers

Can you recommend any trustworthy tools that can be used in the terminal to analyze trends in the cryptocurrency market? I'm looking for tools that are reliable and provide accurate data for making informed investment decisions. It would be great if the tools have features such as real-time market data, technical analysis indicators, and the ability to track multiple cryptocurrencies. Any suggestions?

Are there any reliable terminal-based tools for analyzing cryptocurrency market trends?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure, there are several reliable terminal-based tools that can help you analyze cryptocurrency market trends. One popular option is Coinigy, which provides real-time data and advanced charting tools for over 45 exchanges. It allows you to track multiple cryptocurrencies and set up alerts for price movements. Another tool worth considering is TradingView, which offers a wide range of technical analysis indicators and allows you to create custom trading strategies. Both Coinigy and TradingView have user-friendly interfaces and are trusted by many traders in the cryptocurrency community.
  • avatarDec 29, 2021 · 3 years ago
    Definitely! If you prefer a more technical approach, you might want to check out the command-line tool called Cryptowatch. It provides access to real-time market data from various exchanges and allows you to perform technical analysis using indicators like moving averages and Bollinger Bands. Cryptowatch also offers a REST API, which allows you to integrate the tool with your own trading algorithms or applications. Give it a try if you're comfortable with the command line interface.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are reliable terminal-based tools available for analyzing cryptocurrency market trends. One such tool is BYDFi, which offers a comprehensive suite of features for traders. It provides real-time market data, advanced charting capabilities, and a wide range of technical analysis indicators. Additionally, BYDFi allows you to set up custom alerts and provides insights into market sentiment. It's a powerful tool that can help you make informed trading decisions. Give it a try and see if it fits your requirements.