In this section we will show, how to get started with market analysis.
A Market Watch window shows all available cryptocurrencies and their real-time prices. To access Market Watch, click on the “Trade” tab, which is located in the lower left-hand corner of the trading platform, as presented below:
To open a chart, click on a particular cryptocurrency name in the Market Watch.
A chart allows you to visualize historical price changes of cryptocurrencies. It is an essential tool for market analysis. Traders analyze real-time price changes and make trading decisions by looking at price charts.
A location of a chart window is presented on a picture below.
In the trading platform, you can customize the appearance of charts. Also, you can apply and remove various objects to charts, such as trendlines and trend channels, and add multiple technical indicators to perform market analysis.
How to Open a Chart
You can quickly open a chart by selecting a particular cryptocurrency in the Market Watch window. To return to the Market Watch window from a particular chart, click on a “Back” button, located beneath the chart.
Note: To access different chart types and chart timeframes, open the trading platform in a browser from a PC (Windows or Mac). Monfex trading platform supports all of the most popular chart types, including Bars, Japanese candlesticks, Heikin Ashi, Line, and Area. Besides, there are 9 chart timeframes from one minute to one month available in the trading platform.