Maybe this post too old trending but I'm happy cause you post it I love this post cause I'm using Tradingview too. You can not be informed about everything! I've searched for any announcement of TradingView adding these charts and could not find any! I've discovered them today and thought people should know about this.
Yes it can definitely go the way you drew that arrow! There's ofcourse another possibility, that it will go in the exact opoosite direction. I made this mini-chart that sums it up. If not, and we go below 0. I am not doing any Technical Analysis here and not giving Trading Advices.
Many of the analysts who post on there share quality posts, and quality posts tend to get upvoted. Thus, you will generally see useful quality analyses from at least decent technical analysts float to the top.
Further, for anything that one poster lacks, other posters and commenters make up for by offering counterpoints. A daily reading of TradingView serves a few purposes:. If you want to try your hand at marking up charts, TradingView. If you have something shareable, then you can share it too! No one can see the future, analysts and indicators speak only to probabilities and possible worlds based on historic price and volume trends.
TradingView has a few different layers, all of which can be found in the navigation at the top of the page.
The ones that float to the top are generally good. If you find it helpful, hit the like button or comment on it. Make sure to pay attention to a range of posters, even the best analysts are wrong a portion of the time. This can help you see how and if the crypto market is correlating with other markets.
Or if you trade other assets, how that market is doing at a glance. If you want to keep it simple, you can just look at charts that with scripts that other people share just like the Ideas section or you can insert the ready-made scripts into your charts this is the most reasonable move honestly; so many scripts have been made, and you can add in indicators in a dropdown on charts to add in a pre-built script with a click of a button, only those who know a bit of code and a lot of TA would be making custom scripts.