When you’re hunting for new crypto tokens, you need the most detailed information about price action. That’s why we’ve rebuilt Matcha’s charts to implement TradingView, the industry-standard charting interface for market analysis.

Now you can access high-resolution data on the best DEX with candlesticks or line graphs down to 1-minute ticks, and use professional charting tools to help plan your entries. Let’s check out all the cool new features you can take advantage of!

What is TradingView

TradingView is a leading interface used for charting market activity across both crypto and traditional markets. This integration means Matcha can offer high-fidelity, interactive charts and a range of technical analysis tools on all our token pages, enhancing your trading experience and letting you analyze price movements with greater precision.

With the upgrade, you can customize how the Matcha chart looks with built-in options for candlesticks, line charts, and more, and use drawing tools to quickly calculate trends while zooming in to timeframes of as little as 1-minute.

Get stuck in with essential trading tools including trendlines, moving averages, and volume indicators, to make more informed decisions on every swap!

Choose your resolution

For the best trading experience, you’ll want to adapt your chart resolution to your trading strategy. That means setting a short timeframe for time-sensitive swaps into new coins or during volatile moments, and a long-term view for larger portfolio allocations or checking historical highs and lows.

With TradingView on Matcha, you can zoom in or out to get granular detail and the big picture. Just use the shortcuts at the top of the chart to select the period you want each data point to represent and the chart will adjust to fit your needs.

How to use candlestick charts

Candlesticks are a standard for charting financial data. Each candle shows four data points:

• Open: the asset price at the start of the period.
• Close: the asset price at the end of the period.
• High: the highest price of the asset during the period.
• Low: the lowest price of the asset during the period.

A green candle means the Open price was lower than the Close price, so the asset has appreciated during the period. Red candles mean the Open price was higher than the Close price.

High and Low prices are shown as upward or downward wicks—straight lines extending from the centre of the candle. In cases where Open or Close are equal to the High or Low, the wick will not be visible.

Candlestick patterns and technical analysis

Technical Analysis (TA) is the practice of analyzing price charts for information about market strength and direction. TradingView offers a number of tools that make TA easier, including the ability to draw lines directly on charts and be shown the percentage or numerical difference between to points.

Candlesticks themselves can provide information about market strength and direction, with specific names given to certain shapes, such as Hammer, Gravestone Doji, or Shooting Star. These are often interpreted as bullish or bearish signals, but should not be relied upon without broader context.

Ultimately, candlestick patterns simply represent activity happening within the period the candlestick represents, and therefore something like a Hammer shows that the price dropped after Open, but the sell-off was met with resistance and the price mostly recovered by the Close of the period.

Plotting on charts with the draw tool

One of the most useful tools for TA that TradingView provides is the ability to plot lines on a chart and see precisely how much difference there is between two points, or map a low from the past to the present period to establish a baseline of resistance. This can be used to:

• See how much an asset price has changed from one point in time to another.
• Plan an entry based on historical data.
• Understand the potential take-profit levels of early buyers.

Being able to draw on the chart is especially useful for volatile tokens where prices can vary by hundreds of percent and prices shown on the Y-axis become difficult to make sense of. It also allows you to understand the range between the highest and lowest points across multiple candlesticks where other traders might provide resistance, and in turn alert you to potential breakouts when the resistance levels are crossed.

Serious charts for serious traders

On Matcha, you’ll get the best executed price on trades up to $10M and above. As well as the new TradingView-powered charts, Matcha is packed with a host of exclusive tools such as gasless trades, MEV protection; unmatched order routing through 0x v2; and new Liquidity Score and Security Audit features, so you have a complete onchain trading toolkit in one place.

Chart and swap over 9M+ tokens across multiple chains with the deepest liquidity in DeFi, only on Matcha.

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