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How can I use the TradingView crypto screener to find profitable trading opportunities?

avatarRichmond WibergDec 26, 2021 · 3 years ago1 answers

Can you provide a detailed explanation on how to use the TradingView crypto screener to identify profitable trading opportunities in the cryptocurrency market?

How can I use the TradingView crypto screener to find profitable trading opportunities?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure thing! Here's a step-by-step guide on how to use the TradingView crypto screener to discover profitable trading opportunities: 1. Log in to your TradingView account or create a new one if you don't have it yet. 2. Navigate to the 'Screener' tab, located in the top menu. 3. Select 'Cryptocurrency' as the market type. 4. Customize your search criteria by applying filters such as price, volume, market cap, and technical indicators. 5. Choose the time frame you want to analyze, whether it's hourly, daily, or weekly. 6. Click on the 'Scan' button to initiate the screening process. 7. Review the results and focus on cryptocurrencies that meet your specific trading criteria. 8. Analyze the charts, indicators, and patterns to identify potential profitable opportunities. 9. Conduct thorough research on the selected cryptocurrencies to understand their fundamentals. 10. Develop a trading strategy based on your findings and execute it with discipline and risk management in mind. Remember, the TradingView crypto screener is a tool that can assist you in finding trading opportunities, but it's crucial to conduct your own analysis and make informed decisions.