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What are the best resources to learn about charting and candlestick patterns in the context of cryptocurrencies?

avatarBroe AycockDec 18, 2021 · 3 years ago3 answers

Can you recommend some reliable resources to learn about charting and candlestick patterns specifically in the context of cryptocurrencies? I'm looking for resources that provide in-depth explanations and practical examples to help me understand and apply these concepts effectively.

What are the best resources to learn about charting and candlestick patterns in the context of cryptocurrencies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! One of the best resources to learn about charting and candlestick patterns in the context of cryptocurrencies is Investopedia. They have a comprehensive guide that covers the basics of charting, different types of charts, and how to interpret candlestick patterns. They also provide real-world examples and case studies to help you understand how to apply these concepts in the cryptocurrency market. Another great resource is TradingView, which is a popular platform for charting and technical analysis. They have a wide range of charting tools and indicators, and you can also follow other traders and learn from their analysis. Additionally, there are many YouTube channels and online courses dedicated to teaching charting and candlestick patterns in the context of cryptocurrencies. Some popular ones include Crypto Crew University, TheChartGuys, and Udemy courses by experienced traders. These resources can provide you with the knowledge and skills to make informed trading decisions based on charting and candlestick patterns.
  • avatarDec 18, 2021 · 3 years ago
    Well, when it comes to learning about charting and candlestick patterns in the context of cryptocurrencies, you can't go wrong with good old-fashioned books. There are several books written specifically for cryptocurrency traders that cover these topics in detail. Some popular ones include 'Japanese Candlestick Charting Techniques' by Steve Nison and 'Technical Analysis of the Financial Markets' by John J. Murphy. These books provide a solid foundation in charting and candlestick patterns and can help you develop a deeper understanding of these concepts. Additionally, many online forums and communities dedicated to cryptocurrencies have sections or threads where traders discuss charting and candlestick patterns. Participating in these discussions can be a great way to learn from experienced traders and get practical insights.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, we understand the importance of learning about charting and candlestick patterns in the context of cryptocurrencies. That's why we have curated a list of recommended resources on our website. These resources include books, online courses, and platforms that provide comprehensive and practical guidance on charting and candlestick patterns. We believe that having a solid understanding of these concepts is crucial for successful trading in the cryptocurrency market. Check out our website for more information and start your journey towards becoming a skilled chartist in the world of cryptocurrencies!