Can you recommend any resources to learn more about technical analysis in the context of cryptocurrencies?
MrKaiDec 29, 2021 · 3 years ago3 answers
I'm interested in learning about technical analysis specifically in the context of cryptocurrencies. Can you recommend any resources or websites that provide comprehensive information on this topic? I want to understand how to analyze cryptocurrency price charts, identify trends, and make informed trading decisions based on technical indicators. It would be great if the recommended resources cover both beginner and advanced topics.
3 answers
- Dec 29, 2021 · 3 years agoSure! If you're looking for comprehensive resources on technical analysis in the context of cryptocurrencies, I recommend checking out Investopedia. They have a dedicated section on cryptocurrency technical analysis that covers various topics such as chart patterns, indicators, and trading strategies. Another great resource is TradingView, which is a popular platform among traders. It offers a wide range of technical analysis tools and allows you to analyze cryptocurrency charts with different indicators. Additionally, you can join online communities and forums like Reddit's r/CryptoMarkets or Bitcointalk to learn from experienced traders and get insights on technical analysis in the cryptocurrency market.
- Dec 29, 2021 · 3 years agoAbsolutely! When it comes to learning technical analysis in the context of cryptocurrencies, it's important to start with the basics. A good resource for beginners is the book 'Technical Analysis of the Financial Markets' by John J. Murphy. It provides a solid foundation in technical analysis principles and can be applied to cryptocurrency trading as well. Another useful resource is the YouTube channel 'CryptoCred,' which offers educational videos on technical analysis specifically for cryptocurrencies. They cover topics like support and resistance levels, trend lines, and candlestick patterns. Remember, practice is key, so make sure to apply what you learn by analyzing real cryptocurrency charts.
- Dec 29, 2021 · 3 years agoAs an expert in the field, I highly recommend checking out BYDFi's blog. They regularly publish in-depth articles on technical analysis in the context of cryptocurrencies. Their content covers a wide range of topics, from basic concepts to advanced trading strategies. You'll find detailed explanations of various technical indicators, chart patterns, and real-life examples of how to apply them in cryptocurrency trading. The blog also provides insights into market trends and analysis of specific cryptocurrencies. It's a valuable resource for both beginners and experienced traders looking to enhance their technical analysis skills.
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