What are the benefits of monitoring session breaks on TradingView for cryptocurrency traders?

3 answers

• Kamir Iqbal KamiMay 30, 2022 · 3 years ago
  As a cryptocurrency trader, monitoring session breaks on TradingView can provide valuable insights into market trends and price movements. By observing session breaks, traders can identify key support and resistance levels, which can help them make informed trading decisions. Additionally, monitoring session breaks can help traders spot potential breakouts or breakdowns, allowing them to enter or exit positions at optimal times. Overall, keeping an eye on session breaks on TradingView can enhance a trader's ability to analyze the market and increase their chances of making profitable trades.
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• Gift MumbaMar 06, 2021 · 5 years ago
  Monitoring session breaks on TradingView is crucial for cryptocurrency traders because it allows them to stay updated on market volatility and potential price reversals. By closely watching session breaks, traders can identify periods of high trading activity and volatility, which can present lucrative trading opportunities. Furthermore, monitoring session breaks can help traders gauge market sentiment and identify potential market trends. This information can be used to develop effective trading strategies and improve overall trading performance.
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• PAUL BERNARDMar 20, 2023 · 2 years ago
  As a cryptocurrency trader, I highly recommend monitoring session breaks on TradingView. It's a powerful tool that provides real-time data and charts, allowing you to analyze market movements and make informed trading decisions. By keeping an eye on session breaks, you can identify key levels of support and resistance, which can help you determine entry and exit points for your trades. Additionally, TradingView offers a wide range of technical analysis tools and indicators that can further enhance your trading strategies. Overall, monitoring session breaks on TradingView is an essential practice for any serious cryptocurrency trader.
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