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What are the best resources to learn about trading chart patterns for cryptocurrency trading?

avatarSandesh KhairnarDec 17, 2021 · 3 years ago3 answers

I'm interested in learning about trading chart patterns specifically for cryptocurrency trading. Can you recommend some of the best resources for me to learn from? I want to understand how to analyze chart patterns and use them to make informed trading decisions in the cryptocurrency market.

What are the best resources to learn about trading chart patterns for cryptocurrency trading?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One of the best resources to learn about trading chart patterns for cryptocurrency trading is the book 'Technical Analysis of the Financial Markets' by John J. Murphy. It provides a comprehensive guide to understanding and analyzing chart patterns in various financial markets, including cryptocurrencies. The book covers a wide range of chart patterns and provides real-life examples to help you apply the concepts in your trading strategy. It's a must-read for anyone serious about chart pattern analysis in cryptocurrency trading.
  • avatarDec 17, 2021 · 3 years ago
    If you prefer online resources, Investopedia is a great place to start. They have a dedicated section on technical analysis and chart patterns, which includes articles, tutorials, and videos. The content is well-explained and beginner-friendly, making it easy for anyone to grasp the concepts of chart patterns. Additionally, they often provide real-time examples using cryptocurrency charts, which can help you understand how to apply the patterns in the actual market.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a popular platform for cryptocurrency trading and they offer a variety of educational resources for traders. They have a comprehensive guide on trading chart patterns, which covers the basics as well as advanced concepts. The guide includes detailed explanations, examples, and tips for identifying and using chart patterns in cryptocurrency trading. It's a valuable resource for both beginners and experienced traders looking to improve their chart pattern analysis skills.