Crypto Academy / Season 3 / Week 7 - Homework Post for yousafharoonkhan | Tradingview Features

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Intro

Hi. For SteemitCryptoAcademy season 3 week 7, I will present you the assignment given by @yousafharoonkhan.

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Question no 1:

Defining the TradingView site and how to register an account in tradingview? what are the different registration plan?(screenshot necessary)

Tradingview site is a secure site created to give cryptocurrency users the most reliable information about the ups and downs of the cryptocurrency they are interested in. On this site, users can find all the market information they need. What can they find? For example market, chart and indicator etc...

Registering on this site is very simple. I will show you step by step how to register on the site. However, there are different payment plans for each level on this site. You can make monthly payments or purchase memberships with annual payments. I prefer the free 30-day trial version.

Membership categories on Tradingview

• Free membership
• Pro Membership
• Pro+ Membership
• Premium Membership

In order to use all the features of such sites without interruption, I recommend that you become a member of the site. You can use it without being a member, but you may not be able to access some features of the site.

Stages of joining Tradingview

First of all, we click on the login section on the homepage of the Tradingview site. I marked this with a red rectangle in the screenshot above.

You can sign up any way you want from this menu. I signed up via Gmail.

After becoming a member, the Tradingview login page appears like this.

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Question no 2:

Explain the different features of tradingView and what is your favorite feature and why?(screenshot necessary)

Market : I see the current price values ​​of all cryptocurrencies in the Market section. It is more understandable to see them on a single screen.

Chart : When we click on the graph part, we can see the value of a crypto currency against the dollar from past to present.

Watchlist : I can mark investments that interest me or in my wallet on the watchlist and see them in a narrower window.

Here's my favorite feature: Being able to mark and see all my cryptocurrencies on the same page instead of searching one by one in my wallet. In addition, being able to make these markings on the basis of the stock market also gives a small chance to win through arbitrage.

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Question no 3:

How to set up a chart in TradingView and use two tools to edit it.(screenshot necessary)

I clicked on the settings tab where the red arrow indicated on the graphics screen.

I made your graphic customizations on the small selection screen.

On the left side of the screen, you can see the tools in the section I show with the red arrow.

I added two tools to my chart. One of them is the flag. The other is the trend line.

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Question no 4:

Explain how to add indicator in chart, what is your favorite indicator and why? (screenshot necessary)(screenshot necessary)

Here's how I can explain adding indicators to my chart: Click the fx : gösterge ( fx : indicators) tab.

In the tab that opens, type the name of the indicator you want to add, search for it and click it. I added fibonacci because I use fibonacci.

Why I add Fibonacci?

This indicator is included in the class of reliable indicators by many investors. Fibonacci is an ancient mathematician and the Fibonacci sequence is very famous.

Let's say when the price makes a big move upwards, it shows that it has returned to the previous price level and then back to the old high price.

Question 5:

Do you think TradingView is useful in predicting the market for cryptocurrency (trend / price)?

It can be useful, but even such a good site can be wrong to predict them, as the cryptocurrency market changes so much in the short or long term. But it can give us a more accurate idea about the future of known big crypto currencies (BTC, ETH etc...).

Conclusion

As a result, Tradingview gives us a clear summary of the cryptocurrency market. We can see the rise and fall of cryptocurrencies in short or long time intervals. That way it might become easier to follow. In addition, thanks to the watchlist, we can watch the cryptocurrencies we are interested in without needing too much detail.