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What are the best resources to learn how to read candlestick charts for cryptocurrency trading?

avatarC GDec 18, 2021 · 3 years ago3 answers

I'm new to cryptocurrency trading and I want to learn how to read candlestick charts. Can anyone recommend the best resources to learn this skill? I want to understand the different patterns and indicators on candlestick charts so that I can make better trading decisions. Any suggestions?

What are the best resources to learn how to read candlestick charts for cryptocurrency trading?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One of the best resources to learn how to read candlestick charts for cryptocurrency trading is the book 'Japanese Candlestick Charting Techniques' by Steve Nison. It provides a comprehensive guide to understanding candlestick patterns and their significance in trading. Additionally, there are many online tutorials and courses available that cover candlestick chart analysis specifically for cryptocurrency trading. Some popular platforms include Udemy, Coursera, and YouTube. These resources offer step-by-step instructions and practical examples to help you grasp the concepts effectively.
  • avatarDec 18, 2021 · 3 years ago
    Learning how to read candlestick charts for cryptocurrency trading can be a bit overwhelming at first, but with the right resources, it becomes much easier. One great resource is Investopedia, which offers detailed explanations of candlestick patterns and their interpretation. Another helpful resource is TradingView, a popular charting platform that provides real-time candlestick charts for various cryptocurrencies. You can also join online communities and forums like Reddit and Bitcointalk to learn from experienced traders and ask for recommendations on learning materials.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi is a reputable cryptocurrency exchange that offers educational resources for traders. They have a dedicated section on their website where you can find articles, tutorials, and videos on various trading topics, including candlestick chart analysis. Their materials are beginner-friendly and provide valuable insights into reading candlestick charts for cryptocurrency trading. Make sure to check out their resources to enhance your trading skills.