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What are the steps to draw a box on TradingView and use it for technical analysis in the cryptocurrency market?

avatarru allenDec 27, 2021 · 3 years ago3 answers

Can you explain the step-by-step process of drawing a box on TradingView and utilizing it for technical analysis in the cryptocurrency market?

What are the steps to draw a box on TradingView and use it for technical analysis in the cryptocurrency market?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Here are the steps to draw a box on TradingView for technical analysis in the cryptocurrency market: 1. Open TradingView and select the desired cryptocurrency chart. 2. Click on the 'Drawing Tools' icon located at the top of the chart. 3. Choose the 'Rectangle' tool from the drop-down menu. 4. Click and drag on the chart to create a box, adjusting the size and position as needed. 5. Once the box is created, you can customize its properties, such as color and transparency. 6. To use the box for technical analysis, you can apply indicators or draw trendlines within the box to identify patterns or support/resistance levels. That's it! You've successfully drawn a box on TradingView and can now use it for technical analysis in the cryptocurrency market.
  • avatarDec 27, 2021 · 3 years ago
    No problem! Here's a simple guide to drawing a box on TradingView and using it for technical analysis in the cryptocurrency market: 1. Open TradingView and select the cryptocurrency pair you want to analyze. 2. Look for the 'Drawing Tools' button at the top of the chart and click on it. 3. From the drop-down menu, choose the 'Rectangle' tool. 4. Click and drag your mouse on the chart to create a box. 5. Adjust the box's size and position as needed. 6. Customize the box's appearance by changing its color or transparency. 7. To use the box for technical analysis, you can add indicators or draw trendlines within the box to identify potential support and resistance levels. That's it! You now know how to draw a box on TradingView and leverage it for technical analysis in the cryptocurrency market.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Here's a step-by-step guide on how to draw a box on TradingView and utilize it for technical analysis in the cryptocurrency market: 1. Open TradingView and select the cryptocurrency chart you want to analyze. 2. Locate the 'Drawing Tools' icon at the top of the chart and click on it. 3. Choose the 'Rectangle' tool from the options that appear. 4. Click and drag your mouse on the chart to create a box. 5. Adjust the box's size and position according to your analysis needs. 6. Customize the box's properties, such as color and transparency, to your preference. 7. To use the box for technical analysis, you can add indicators or draw trendlines within the box to identify patterns or key levels. That's it! You now have the knowledge to draw a box on TradingView and make use of it for technical analysis in the cryptocurrency market.