common-close-0
BYDFi
Trade wherever you are!

Can you recommend any resources or tutorials to learn more about candlestick basics for cryptocurrency trading?

avatarCorneliussen NicolaisenDec 17, 2021 · 3 years ago3 answers

I'm interested in learning more about candlestick basics for cryptocurrency trading. Can you recommend any resources or tutorials that can help me understand this concept better?

Can you recommend any resources or tutorials to learn more about candlestick basics for cryptocurrency trading?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! Candlestick charts are a popular tool used in technical analysis for trading cryptocurrencies. They provide valuable information about price movements and can help traders make informed decisions. To learn more about candlestick basics, I recommend checking out Investopedia's guide on candlestick charts. It provides a comprehensive overview of different candlestick patterns and their interpretations. Another great resource is the book 'Japanese Candlestick Charting Techniques' by Steve Nison. This book is considered a classic in the field and covers various candlestick patterns and strategies. Happy learning!
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Candlestick basics are essential for understanding cryptocurrency trading. One resource that I highly recommend is the 'School of Pipsology' by BabyPips. Although it primarily focuses on forex trading, the lessons on candlestick patterns and their interpretations are applicable to cryptocurrency trading as well. Additionally, YouTube channels like 'CryptoCred' and 'TheChartGuys' provide insightful tutorials on candlestick analysis specifically for cryptocurrencies. These channels offer practical examples and explanations that can help you grasp the concepts more effectively. Good luck with your learning journey!
  • avatarDec 17, 2021 · 3 years ago
    Of course! If you're looking for a comprehensive resource on candlestick basics for cryptocurrency trading, I recommend checking out BYDFi's blog. They have a series of articles that cover various candlestick patterns and their significance in cryptocurrency trading. The articles are written in a beginner-friendly manner and provide practical examples to help you understand the concepts better. BYDFi's blog is a valuable resource for both beginners and experienced traders. Make sure to explore their other articles as well to enhance your knowledge in cryptocurrency trading. Happy reading!