What are the limitations of using non tradable symbols on TradingView for analyzing the performance of cryptocurrencies?

3 answers

• startup_rateMay 16, 2024 · a year ago
  Using non tradable symbols on TradingView for analyzing the performance of cryptocurrencies can have several limitations. Firstly, since these symbols are not directly linked to any specific exchange, the data may not be as accurate or up-to-date as using symbols from actual exchanges. This can lead to discrepancies in price and volume data, which can affect the accuracy of technical analysis and other indicators. Additionally, non tradable symbols may not reflect the liquidity or market depth of a particular cryptocurrency, making it difficult to accurately assess its trading potential. It's important to consider these limitations and use additional sources of data when analyzing the performance of cryptocurrencies on TradingView.
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• himanshumeenaJun 13, 2023 · 2 years ago
  When it comes to analyzing the performance of cryptocurrencies on TradingView, using non tradable symbols can be a bit tricky. Since these symbols are not directly linked to any exchange, the data may not be as reliable as using symbols from actual exchanges. This can result in inaccurate price and volume data, which can affect the accuracy of technical analysis and other indicators. It's important to keep in mind that the performance of a cryptocurrency can vary across different exchanges, so relying solely on non tradable symbols may not give you a complete picture. It's always a good idea to cross-reference the data with other sources and consider the limitations of using non tradable symbols on TradingView.
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• MUKUNDA REDDY.Mar 14, 2024 · a year ago
  As an expert in the field, I can tell you that using non tradable symbols on TradingView for analyzing the performance of cryptocurrencies has its limitations. While TradingView is a great platform for technical analysis, using non tradable symbols means that you're not getting real-time data from actual exchanges. This can result in discrepancies in price and volume data, which can affect the accuracy of your analysis. If you're serious about analyzing the performance of cryptocurrencies, it's recommended to use symbols from actual exchanges on TradingView. This will give you more accurate and up-to-date data to work with. However, if you're just looking for a general overview or trend analysis, non tradable symbols on TradingView can still provide some insights, but it's important to be aware of their limitations.
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