If you’re a crypto investor worth your salt, then you’ll probably want to track your crypto portfolio at all times.
Given how volatile cryptocurrencies can be, prices can suddenly change with little-to-no warning. And for those times, you want to be at the forefront of any bear or bull price shifts.
To do that, you need to arm yourself with the best tools that let you analyze, predict, and plan for any contingencies.
This is why crypto charting is such a vital tool. To find a complete list of the best crypto charting tools clicks here.
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What is Crypto Charting?
Simply put, crypto charts are graphs that plot measure price movements or returns on investment against time.
And from here, an investor will be able to conduct technical analysis to predict trends and monitor price movements. All of which allows said investor to make the most educated decision possible to minimize his/her risk and maximize profit.
Now that we’ve got that out of the way, how do you create crypto charts?
Easy, by using charting software.
Best Software for Crypto Charting
The ideal crypto charting software should be easy-to-use and intuitive with powerful features. Thanks to our team, we’ve put together a list of the best charting tools, starting with…
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TradingView
When it comes to chart software, TradingView is one of those names that keeps coming up. This web-based charting tool was originally designed to chart stocks and shares, but the team has since added cryptocurrency integration.
From candlestick charts to bar graphs, TradingView lets you customize your indices for better technical analysis and forecasting.
TradingView features a freemium-style model that gives you access to its base features, which are more than enough for all but the most experienced investors.
Check out TradingView here.
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Cryptowat.ch
Owned by major crypto exchanges; Kraken, Cryptowat.ch is a free charting tool that lets you conduct in-depth analysis with just a few clicks.
With Cryptowat.ch you can get access to the latest prices, traded volumes, and order data from over 800 major exchanges. That way, you’re always up-to-date on the latest price trends and movements in the market.
While Cryptowat.ch seems to lack many of the features found on other pay-to-use platforms (it is free after all), you can still get the job done with it.
On a side note, the Cryptowat.ch dashboard can be a bit clunky and appear overwhelming at first, but you’ll quickly get the hang of it.
Check out Cryptowat.ch here.
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Coinigy
Part charting tool and part financial analysis software, Coinigy is specially designed for investors looking to perform more in-depth analysis.
With it, you have real-time access to more than 45 crypto exchanges 24 hours a day, 7 days a week.
But that’s not all…
Coinigy can also be integrated with your crypto wallet and lets you buy or sell cryptocurrencies on the fly. Given the highly volatile crypto market, this is undoubtedly a very important selling point for Coinigy.
With Coinigy, you can also set up SMS, email, or even in-browser alerts to make sure that you never miss a beat. Better still, Coinigy is free-to-use with a range of premium plans that offer additional features.
Check out Coinigy here.
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Shrimpy
If you’re managing a portfolio of cryptocurrencies, then Shrimpy may just be the software that you’ve been looking for.
Unlike other dedicated charting tools, Shrimpy let’s you chart, manage, invest, and monitor your cryptocurrencies across various platforms. That way, you can get everything done easily and efficiently on a single system.
As an added plus, Shrimpy is integrated with all of the major crypto exchanges, so that way, you won’t have to worry about compatibility.
Check out Shrimpy here.
Closing Thoughts
If you plan to invest in crypto in the long term, it’s always good to have a structured plan in place.
That way, you can better manage your risk exposure, while still enjoying solid returns on investment.
