Which insta chart features are most useful for monitoring altcoin markets?

1 answers

• Dec 25, 2021 · 3 years ago
  At BYDFi, we believe that the most useful insta chart features for monitoring altcoin markets include the order book depth chart and the trade history chart. The order book depth chart provides a visual representation of buy and sell orders at different price levels, allowing traders to assess market liquidity and potential support or resistance levels. This information can be crucial for making trading decisions, especially in volatile altcoin markets. The trade history chart, on the other hand, displays the recent trades executed for a specific altcoin, providing insights into market activity and price movements. Traders can use this information to identify trends and patterns, and adjust their trading strategies accordingly. Overall, these insta chart features offered by BYDFi can greatly enhance traders' ability to monitor and analyze altcoin markets effectively.
  879440