How to view meme coins on TradingView is a common question for new investors as these digital assets grow in popularity. Although it might seem complicated at first, finding and analyzing charts for meme coins like Pepe, Doge, or Shiba Inu on this platform is actually very easy if you know the right way. This article will guide you through the details.
Why use TradingView to look at meme coins?
TradingView is not just an ordinary charting tool; it is a powerful and comprehensive technical analysis platform trusted by millions of traders worldwide. For meme coins, which are assets known for their extremely high volatility, using a professional tool like TradingView offers significant advantages.
You can access price data from dozens of different exchanges, ensuring that your information is always updated quickly and accurately. Furthermore, the vast library of technical indicators and flexible drawing tools allows you to perform any type of analysis, from simple to complex, helping you make more informed trading decisions. Understanding how to view meme coins on TradingView is the first step to harnessing this power.
A detailed guide on how to view meme coins on TradingView
To start viewing the chart of any meme coin, you just need to follow the simple steps below. This process applies to both the web version and the mobile application of TradingView.
Step 1: Locate the search bar
The main interface of TradingView always features a prominent symbol search bar, usually located in the top-left corner of the chart screen. This is where you will enter the code of the meme coin you want to view.
Step 2: Enter the meme coin’s ticker symbol
Each meme coin has its own unique representative code, also known as a ticker. For example:
- Dogecoin has the ticker DOGE.
- Shiba Inu has the ticker SHIB.
- Pepe has the ticker PEPE.
- Bonk has the ticker BONK.
You just need to type this ticker directly into the search bar.
Step 3: Select the appropriate trading pair and exchange
This is the most crucial step in the process of how to view meme coins on TradingView. After you enter the ticker symbol, a list of results will appear.
You will see that the meme coin is traded against various other currencies (like USDT, USD, BTC) on many different exchanges.
For instance, when you search for “PEPE,” you might see results such as:
- PEPEUSDT on the Binance exchange
- PEPEUSDT on the Bybit exchange
- PEPEUSD on the Coinbase exchange
You need to select the correct trading pair and exchange that you are interested in or are trading on. Typically, pairs with USDT are the most popular and have the highest liquidity. Just click on the pair you want, and the corresponding price chart will immediately load.
Using the screener to find potential meme coins
Besides searching for a specific coin, TradingView also offers an extremely useful tool called the crypto pairs screener. This is the advanced answer to the problem of how to view meme coins on TradingView when you want to discover new opportunities.
To use it, navigate to the “Screener” tab in the bottom toolbar of the chart and select “Crypto Pairs Screener.” Here, you can set up various filters to search. For example, you can filter for coins with a low market cap but a sudden spike in trading volume over the last 24 hours—a common characteristic of meme coins about to surge. Mastering this tool can help you get ahead of the market.
Creating a watchlist for your meme coins
Once you know how to search, the next thing you should do is create a separate watchlist for meme coins. This helps you quickly access their charts without having to search again each time.
- On the right-hand toolbar, find the “Watchlist” tab.
- Click the plus (+) icon to add a new symbol.
- Enter the ticker and select the trading pair of the meme coin you want to add, just like in the search process.
Effectively managing a watchlist is an essential part of the skill of how to view meme coins on TradingView. You can create multiple different watchlists for various investment categories.
Some advanced tips for viewing meme coin charts
Once you have mastered the basic steps, apply a few of these tips for more effective analysis:
- Use indicators: Indicators like the RSI (Relative Strength Index), Bollinger Bands, and Volume are very useful for assessing the volatility and potential buy/sell points of a meme coin.
- Set price alerts: You can set an alert for when a meme coin’s price reaches a certain level. TradingView will send you a notification via email or the app.
- Use drawing tools: Don’t hesitate to draw trend lines, support, and resistance zones to identify the market structure of a meme coin.
Mastering these methods means you have completely conquered the challenge of how to view meme coins on TradingView. This platform provides everything you need to monitor and analyze the vibrant meme coin market.
In short, mastering how to view meme coins on TradingView opens the door to professional analysis. With just a few simple steps, you can track every movement. For more useful knowledge and insightful analysis, be sure to follow the latest updates and articles from Mevx Trader.