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What are the best resources to learn about candle charts for cryptocurrencies?

avatarJohnston LodbergDec 28, 2021 · 3 years ago3 answers

I'm new to cryptocurrency trading and I want to learn more about candle charts. Can you recommend the best resources to learn about candle charts specifically for cryptocurrencies? I'm looking for resources that are beginner-friendly and provide in-depth explanations on how to read and interpret candle charts in the context of cryptocurrency trading. Any suggestions?

What are the best resources to learn about candle charts for cryptocurrencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure, learning about candle charts is a great way to understand the price movements and trends in the cryptocurrency market. One of the best resources to start with is Investopedia. They have a comprehensive guide on candlestick charts that covers the basics and advanced concepts. Another great resource is TradingView, which not only provides interactive candlestick charts but also allows you to analyze and compare different cryptocurrencies. Additionally, you can join online communities like Reddit or Stack Exchange, where experienced traders share their knowledge and insights on candle charts for cryptocurrencies. Happy learning!
  • avatarDec 28, 2021 · 3 years ago
    If you're a visual learner like me, YouTube can be a fantastic resource to learn about candle charts for cryptocurrencies. There are many channels dedicated to cryptocurrency trading that offer tutorials and live chart analysis. Some popular channels include CryptoCred, TheChartGuys, and Crypto Kirby. Watching these videos can help you understand how to identify patterns, set up indicators, and make informed trading decisions based on candlestick charts. Don't forget to practice what you learn by analyzing real-time charts on cryptocurrency exchanges.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I would recommend checking out BYDFi's educational resources on candle charts for cryptocurrencies. They have a comprehensive guide that covers everything from the basics of candlestick patterns to advanced trading strategies. The guide is beginner-friendly and provides step-by-step instructions on how to interpret candle charts in the context of cryptocurrency trading. It's a great resource for both beginners and experienced traders looking to enhance their technical analysis skills. Happy trading!