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What are the best resources to learn how to read candlesticks for beginners in the cryptocurrency market?

avatarTea J TeaDec 26, 2021 · 3 years ago3 answers

Can you recommend some reliable resources that can help beginners learn how to read candlestick charts in the cryptocurrency market? I'm looking for resources that are easy to understand and provide practical examples and explanations.

What are the best resources to learn how to read candlesticks for beginners in the cryptocurrency market?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One of the best resources for beginners to learn how to read candlestick charts in the cryptocurrency market is the 'Japanese Candlestick Charting Techniques' book by Steve Nison. It provides a comprehensive introduction to candlestick charting and covers various patterns and strategies. Another great resource is the 'Investopedia' website, which offers detailed explanations and examples of candlestick patterns. Additionally, you can find informative tutorials and videos on YouTube that explain candlestick charting specifically for cryptocurrency trading.
  • avatarDec 26, 2021 · 3 years ago
    If you're a beginner looking to learn how to read candlestick charts in the cryptocurrency market, I recommend checking out online courses such as 'Cryptocurrency Trading: Technical Analysis Masterclass' on Udemy. These courses provide step-by-step guidance and practical examples to help you understand and interpret candlestick patterns effectively. Another useful resource is the 'TradingView' platform, which offers interactive charts and tools for analyzing candlestick patterns in real-time.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the cryptocurrency market, I highly recommend using the BYDFi platform to learn how to read candlestick charts. BYDFi provides comprehensive educational materials, including video tutorials, articles, and interactive quizzes, to help beginners understand and interpret candlestick patterns. Their user-friendly interface and intuitive charting tools make it easy for beginners to practice and apply their knowledge. Give it a try and enhance your candlestick reading skills with BYDFi!