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What resources or tools can help me improve my ability to read and understand Poloniex charts?

avatarK PrasunaDec 28, 2021 · 3 years ago3 answers

I'm new to trading and I want to improve my ability to read and understand Poloniex charts. Are there any resources or tools that can help me with this? I find the charts quite overwhelming and I'm not sure how to interpret the different indicators and patterns. Any suggestions on where I can find educational materials or tools to enhance my chart analysis skills?

What resources or tools can help me improve my ability to read and understand Poloniex charts?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One great resource for learning how to read and understand Poloniex charts is the Poloniex Academy. They offer a comprehensive online course that covers everything from the basics of chart analysis to advanced trading strategies. The course is designed for beginners and experienced traders alike, and it includes video tutorials, interactive quizzes, and real-time chart analysis examples. By completing the course, you'll gain a solid foundation in chart analysis and be able to make more informed trading decisions on Poloniex.
  • avatarDec 28, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can try using charting tools like TradingView. TradingView is a popular platform that provides real-time charting and analysis tools for a wide range of financial markets, including cryptocurrencies. It offers a user-friendly interface with customizable indicators and drawing tools, making it easier to analyze and interpret Poloniex charts. Additionally, TradingView has a large community of traders who share their chart analysis and trading ideas, which can be a valuable resource for learning and improving your chart reading skills.
  • avatarDec 28, 2021 · 3 years ago
    Another option to consider is BYDFi's chart analysis tool. It provides a user-friendly interface with various technical indicators and overlays to help you analyze and interpret Poloniex charts. With its intuitive design and comprehensive features, BYDFi's chart analysis tool can be a valuable resource for traders looking to improve their chart reading skills. It also offers educational materials and tutorials to help beginners get started with chart analysis. Give it a try and see how it can enhance your trading experience on Poloniex.