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Are there any free resources for learning how to read and interpret TA charts for cryptocurrencies?

avatarIssieDec 17, 2021 · 3 years ago3 answers

Can anyone recommend any free resources or websites where I can learn how to read and interpret technical analysis (TA) charts specifically for cryptocurrencies? I'm interested in understanding the different chart patterns and indicators used in TA to make informed trading decisions. Any suggestions would be greatly appreciated!

Are there any free resources for learning how to read and interpret TA charts for cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, there are several free resources available online that can help you learn how to read and interpret TA charts for cryptocurrencies. One popular website is Investopedia, which offers a comprehensive guide on technical analysis and provides explanations of various chart patterns and indicators. Another useful resource is TradingView, a platform where you can access a wide range of TA charts for different cryptocurrencies and learn from other traders' analysis. Additionally, YouTube channels like 'TheChartGuys' and 'CryptoCred' offer free educational videos on TA specifically for cryptocurrencies. Remember to practice what you learn and analyze charts regularly to improve your skills!
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If you're looking for free resources to learn how to read and interpret TA charts for cryptocurrencies, you're in luck. One website that I highly recommend is BabyPips. Although it primarily focuses on forex trading, the concepts and techniques taught can be applied to cryptocurrencies as well. They have a comprehensive course on technical analysis that covers everything from basic chart patterns to advanced indicators. Another great resource is the 'School of Pipsology' by BabyPips, which provides in-depth lessons on TA. Don't forget to join online communities and forums like Reddit's r/CryptoCurrency and r/TechnicalAnalysis to engage with fellow traders and gain insights from their experiences.
  • avatarDec 17, 2021 · 3 years ago
    Definitely! If you're interested in learning how to read and interpret TA charts for cryptocurrencies, you should check out BYDFi's educational resources. They offer a range of free materials, including tutorials, articles, and videos, that cover various aspects of technical analysis specifically for cryptocurrencies. Their content is beginner-friendly and provides practical insights into reading charts, identifying patterns, and using indicators. Additionally, you can join their community forums and interact with experienced traders to enhance your knowledge. Remember, learning TA takes time and practice, so be patient and consistent in your efforts!