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What are the best cheat charts for understanding cryptocurrency trading?

avatarSalleh ehsanDec 26, 2021 · 3 years ago3 answers

Can you recommend some cheat charts that are helpful for understanding cryptocurrency trading? I'm looking for charts that provide concise and easy-to-understand information about different aspects of cryptocurrency trading. It would be great if the charts cover topics such as technical analysis, fundamental analysis, trading strategies, and risk management.

What are the best cheat charts for understanding cryptocurrency trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One cheat chart that I find really helpful is the 'Candlestick Patterns' chart. It provides visual representations of different candlestick patterns and helps traders identify potential trend reversals or continuations. Another useful cheat chart is the 'Support and Resistance Levels' chart, which shows key levels where the price of a cryptocurrency is likely to encounter support or resistance. Additionally, the 'Fibonacci Retracement' chart is great for identifying potential price levels where a cryptocurrency might retrace before continuing its trend. These cheat charts can be a valuable resource for both beginner and experienced traders.
  • avatarDec 26, 2021 · 3 years ago
    Well, there are several cheat charts that can be useful for understanding cryptocurrency trading. One popular chart is the 'Moving Averages' chart, which helps traders identify trends and potential entry or exit points. Another useful chart is the 'Relative Strength Index (RSI)' chart, which measures the speed and change of price movements and can indicate overbought or oversold conditions. Additionally, the 'Volume Profile' chart provides insights into the volume traded at different price levels, which can help traders understand market sentiment. These cheat charts can be a great starting point for anyone looking to understand cryptocurrency trading.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi has a comprehensive cheat chart that covers various aspects of cryptocurrency trading. It includes information on technical analysis indicators, candlestick patterns, chart patterns, and trading strategies. The cheat chart is designed to provide traders with a quick reference guide to help them make informed trading decisions. It's a valuable resource for both beginners and experienced traders. You can find the cheat chart on the BYDFi website under the 'Resources' section. Make sure to check it out!