What is the order flow chart on TradingView and how does it relate to cryptocurrency trading?

1 answers

• TheoMay 06, 2023 · 2 years ago
  The order flow chart on TradingView is a popular tool among cryptocurrency traders. It provides a visual representation of the order book, showing the current buy and sell orders for a specific cryptocurrency. The chart displays the volume of orders at different price levels, allowing traders to identify areas of support and resistance. By analyzing the order flow, traders can gain insights into market sentiment and potential price movements. This information can be used to make informed trading decisions and improve profitability. While TradingView is a widely used platform for analyzing order flow, it's important to note that there are other platforms and tools available for this purpose as well. BYDFi, for example, offers a comprehensive order flow analysis tool that provides real-time data and advanced features for cryptocurrency traders.
  854

  427