What are the recommended color settings on tradingview for clear visualization of support and resistance levels in cryptocurrencies?

3 answers

• Langballe AlbrechtsenMar 19, 2021 · 5 years ago
  One recommended color setting for support and resistance levels in cryptocurrencies on tradingview is to use a solid line with a bright color, such as red or blue, for resistance levels and a dashed line with a contrasting color, such as green or yellow, for support levels. This contrast helps to clearly distinguish between the two levels and makes it easier to identify them on the chart. Additionally, you can use different shades of the same color to indicate different strength levels of support and resistance. For example, a darker shade of blue can represent a stronger resistance level, while a lighter shade can represent a weaker level.
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• Skovsgaard NiemannSep 30, 2023 · 3 years ago
  When it comes to color settings for support and resistance levels in cryptocurrencies on tradingview, it's all about personal preference. Some traders prefer using contrasting colors, while others find it more effective to use similar colors with varying shades. The key is to choose colors that are visually appealing and easy to differentiate. Experiment with different color combinations and see what works best for you. Remember, the goal is to have a clear visualization of these key levels to make informed trading decisions.
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• Gidion KhaembaApr 14, 2024 · 2 years ago
  At BYDFi, we recommend using a solid line with a bright color, such as red or blue, for resistance levels and a dashed line with a contrasting color, such as green or yellow, for support levels on tradingview charts. This color scheme provides a clear visualization of the support and resistance levels in cryptocurrencies, making it easier for traders to identify and analyze these key levels. However, it's important to note that color settings are subjective and may vary based on individual preferences and trading strategies. Feel free to experiment with different color combinations to find what works best for you.
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