What are some recommended resources for beginners to learn how to read crypto charts?
Sumon BoseDec 18, 2021 · 3 years ago3 answers
I'm new to cryptocurrency and want to learn how to read crypto charts. Can you recommend some reliable resources for beginners to get started?
3 answers
- Dec 18, 2021 · 3 years agoSure! One great resource for beginners to learn how to read crypto charts is the 'School of Pipsology' by BabyPips. It's a comprehensive online course that covers all the basics of technical analysis, including how to interpret different chart patterns and indicators. Another useful resource is the 'TradingView' platform, which offers a wide range of charting tools and educational materials. Additionally, you can join online communities like Reddit's r/cryptocurrency or BitcoinTalk forum to interact with experienced traders and learn from their insights.
- Dec 18, 2021 · 3 years agoLearning how to read crypto charts may seem daunting at first, but don't worry! There are plenty of beginner-friendly resources available. You can start by watching tutorial videos on YouTube, where experienced traders explain the basics of chart analysis. Websites like Investopedia and CoinMarketCap also provide educational articles and guides on crypto chart reading. Remember to practice what you learn by analyzing real-time charts and experimenting with different indicators. With time and dedication, you'll become proficient in reading crypto charts!
- Dec 18, 2021 · 3 years agoAs a representative of BYDFi, I highly recommend checking out the 'Chart Analysis' section on our platform. We provide detailed tutorials and guides specifically designed for beginners. Our step-by-step approach will help you understand the basics of chart reading and technical analysis. Additionally, you can join our community forum to connect with other traders and gain valuable insights. Happy learning!
Related Tags
Hot Questions
- 92
What are the advantages of using cryptocurrency for online transactions?
- 90
What are the best digital currencies to invest in right now?
- 79
What are the tax implications of using cryptocurrency?
- 73
How can I protect my digital assets from hackers?
- 64
How can I minimize my tax liability when dealing with cryptocurrencies?
- 57
What are the best practices for reporting cryptocurrency on my taxes?
- 48
Are there any special tax rules for crypto investors?
- 23
What is the future of blockchain technology?