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What are the best resources to learn about technical analysis chart patterns for trading cryptocurrencies?

avatarProkopenko ProkoDec 25, 2021 · 3 years ago3 answers

I'm interested in learning about technical analysis chart patterns specifically for trading cryptocurrencies. Can you recommend some of the best resources or websites where I can learn more about this topic? I want to understand how to identify and interpret chart patterns to make informed trading decisions in the cryptocurrency market.

What are the best resources to learn about technical analysis chart patterns for trading cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure, there are several great resources available to learn about technical analysis chart patterns for trading cryptocurrencies. One popular website is Investopedia, which provides detailed explanations and examples of various chart patterns. Another useful resource is TradingView, a platform that offers a wide range of charting tools and educational materials. Additionally, you can join online communities and forums like Reddit's r/cryptocurrency or Bitcointalk, where experienced traders often share their knowledge and insights on chart patterns. Remember to practice and apply what you learn in real trading scenarios to gain practical experience.
  • avatarDec 25, 2021 · 3 years ago
    Learning about technical analysis chart patterns for trading cryptocurrencies can be overwhelming at first, but don't worry, there are plenty of resources to help you out. You can start by checking out YouTube channels like CryptoCred or TheChartGuys, which provide video tutorials and analysis on chart patterns specifically for cryptocurrencies. Another option is to read books like 'Technical Analysis of the Financial Markets' by John J. Murphy or 'Charting and Technical Analysis' by Fred McAllen. These books cover the basics of technical analysis and can be a great foundation for your learning journey.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to learning about technical analysis chart patterns for trading cryptocurrencies, BYDFi is a top-notch resource. They offer comprehensive guides and tutorials on various chart patterns, along with real-time market analysis. Their team of experts provides valuable insights and strategies for trading cryptocurrencies based on chart patterns. You can visit their website and explore the educational section to access a wealth of information. Remember to always stay updated with the latest market trends and practice your analysis skills with demo trading accounts before risking real money.