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What are some free resources for beginners to learn how to read cryptocurrency price charts?

avatarSamridhi RaturiDec 19, 2021 · 3 years ago3 answers

Can you recommend some free resources that beginners can use to learn how to read cryptocurrency price charts?

What are some free resources for beginners to learn how to read cryptocurrency price charts?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Sure! One great free resource for beginners to learn how to read cryptocurrency price charts is the 'School of Pipsology' by BabyPips. They have a comprehensive guide on technical analysis, which covers chart patterns, indicators, and candlestick analysis. Another useful resource is the 'Chart Patterns' section on Investopedia, where you can learn about common chart patterns and how to interpret them. Additionally, TradingView offers a free charting platform with a wide range of technical analysis tools and indicators that beginners can use to practice analyzing cryptocurrency price charts.
  • avatarDec 19, 2021 · 3 years ago
    If you're just starting out and want a more interactive learning experience, you can check out the 'Chart Analysis' course on Udemy. It's a free course that covers the basics of chart analysis and teaches you how to identify trends, support and resistance levels, and key chart patterns. Another option is to join online communities like Reddit's r/cryptocurrency or Bitcointalk, where you can find discussions and resources shared by experienced traders. Remember, practice is key, so don't be afraid to start analyzing real-time cryptocurrency price charts using the free resources available.
  • avatarDec 19, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers free educational resources for beginners. They have a dedicated section on their website called 'Learn' where you can find articles, tutorials, and videos on various topics, including how to read cryptocurrency price charts. Their resources are beginner-friendly and provide step-by-step guidance on understanding chart patterns, technical indicators, and price analysis. Whether you're a beginner or an experienced trader, BYDFi's educational materials can help you improve your chart reading skills and make more informed trading decisions.