The Best Way To Watch And Analyse The Bitcoin Chart For Free
As a Bitcoin Trader you want to make sure you follow the Bitcoin chart movements in the best way possible. There are different sites where you can follow the price actions. But which ones are the most recommended ones and why?
What Bitcoin trading sites for chart analysis should provide is a set of all important analysis tools which you need to use. This set of tools of course has to include the Fibonacci retracements, some line tools, maybe also a circle tool and a snapshot tool. But lines and Fibonacci are anyways the most important ones.
On Cryptowat.ch you find the Bitcoin charts as well as the most important altcoins. You can choose any time frame, from 1-minute charts up to weekly. On the bottom of a single chart page, such as BTCUSD, you can see the market volume. There are lots of tools which are pretty easy to use. Click on a tool to choose it and put the mark with a left click. To remove marks simply use right click, then it disappears. If it should once not work just do a browser restart. Once or twice this happended to me, so before you get unpacient just remember this trick. But usually it works very well. The cool thing is that the browser remembers your settings, so next time you open your chart again you see your marks from the last session again. That’s pretty useful!
This is one of the Bitcoin trading sites you definitely ought to know. Pro traders always compare the current BTC/USD price with the BTC/CNY price. Sometimes major chart movements are a little earlier in China and you can expect them to happen whithin the BTC/USD charts soon alike. So keep an eye on the charts of OkCoin on Bitcoinwisdom as well:
This site also provides all the neccessary professional tools to analyse the charts in any time frame.
This site also offers a dark mode if you prefer black screens for chart watching. This can easily be found in the settings on top of a single chart page. I just use it in white as I prefer light colors.
Coinmarketcap.com for Altcoin Observation
If you intend to trade altcoins, this platform is one of the most important tools to get a quick overview of the latest market moves. Coinmarketcap offers a list of all available altcoins on the crypto market, which are several hundrets.
The data is updated many times a day and always shows the current prices either in BTC or in one of many fiat currencies which you can choose in a drop down menue above the list. Also the entire market cap of a coin, the 24h trading volume and the 24h % change can be seen at a glance on the home page.
When clicking on a coin’s name, you get to see a chart of the altcoin, which you can watch in different time frames. You also get a list of all exchanges currently listing the cryptocurrency with percentage of the coin’s entire trading volume as well as the 24h trading volume either in BTC or in fait currencies.