How To BEST Read Cryptocurrency Charts
It's important to know how to read cryptocurrency charts. Reading price charts is an essential skill in crypto trading, whether it’s day trading, swing trading, scalp trading, or stamp trading for your collection... if you are into that. Crypto is known as a high volatility asset, which makes its price fluctuate unpredictably in a wide range. It’s crucial to know how to read crypto charts properly, especially to beginner traders who wish to start making fortune from this gold mine. Today we are talking about crypto charts for beginners and explaining what all those lines, numbers, and odd shapes are.
Reading cryptocurrency charts is a basic technique of technical analysis. At first, it may seem daunting and overwhelming, but it really isn't that difficult if you know where to start. I'll help you take the next step in your crypto chart analysis to take your trading to the next level.
0:00 - Intro
1:28 - Time Frames
2:13 - Types of Line Charts
2:48 - Volume Indicator
3:17 - Candlestick Pattern
4:39 - Market Depth Chart
5:51 - Moving Averages
7:03 - Bollinger Bands
7:30 - Relative Strength Index
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
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