Are there any successful cryptocurrency traders who use order blocks on TradingView?

3 answers

• Ron PiperOct 13, 2024 · 2 years ago
  As a successful cryptocurrency trader who has been using order blocks on TradingView, I can say that it has greatly improved my trading accuracy. Order blocks help me identify key support and resistance levels, allowing me to make better trading decisions. However, it's important to note that order blocks are just one tool in my trading arsenal, and I also consider other factors such as market trends and news events. Overall, order blocks have been a valuable addition to my trading strategy.
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• Jenda FedurcoMar 05, 2023 · 3 years ago
  I've tried using order blocks on TradingView, but I didn't find them particularly effective for my cryptocurrency trading. While they can provide some insights into support and resistance levels, I found that they often lag behind the actual market movements. I prefer to rely on other technical indicators and price action analysis for my trading decisions. That being said, every trader is different, and what works for one person may not work for another. It's worth experimenting with order blocks to see if they fit your trading style.
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• MorddyNov 20, 2023 · 2 years ago
  At BYDFi, we have seen many successful cryptocurrency traders who use order blocks on TradingView. Order blocks can be a powerful tool for identifying key levels and making informed trading decisions. They provide a visual representation of market structure and can help traders spot potential areas of support and resistance. However, it's important to use order blocks in conjunction with other technical analysis tools and not rely solely on them. It's also worth noting that trading involves risks, and past performance is not indicative of future results.
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