Which trading view DOM settings are recommended for analyzing Bitcoin price movements?

3 answers

• Dec 26, 2021 · 3 years ago
  When analyzing Bitcoin price movements using trading view, it is recommended to focus on the depth of market (DOM) settings. By adjusting the DOM settings, you can get a better understanding of the current supply and demand levels for Bitcoin. It is recommended to use a larger number of price levels in the DOM to get a more detailed view of the market depth. Additionally, enabling the cumulative volume feature can help you identify significant support and resistance levels. Overall, it is important to experiment with different DOM settings and find the ones that work best for your analysis.
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• Dec 26, 2021 · 3 years ago
  To analyze Bitcoin price movements using trading view, you should consider adjusting the DOM settings to suit your trading style and preferences. Some traders prefer a more detailed view of the market depth and choose to display a larger number of price levels in the DOM. Others may find it more useful to focus on the cumulative volume feature to identify key support and resistance levels. Ultimately, the recommended DOM settings for analyzing Bitcoin price movements may vary depending on your individual trading strategy and goals. It is important to experiment with different settings and find what works best for you.
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• Dec 26, 2021 · 3 years ago
  When it comes to analyzing Bitcoin price movements using trading view, there is no one-size-fits-all answer to the recommended DOM settings. Each trader may have their own preferences and strategies. However, one commonly recommended approach is to use a larger number of price levels in the DOM to get a more detailed view of the market depth. This can help you identify areas of strong support and resistance. Additionally, enabling the cumulative volume feature can provide insights into the overall trading activity and liquidity. Ultimately, it is important to find the DOM settings that align with your trading style and goals.
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