Learning to Candlestick

[mikehersh2]

I am fairly new to trading, and understand a few concepts and strategies. One that I would like to use is chart analasys, however I'm not sure which sites are good for that. The only site I know of is Poloniex, but do I have better options? Is using candle stick charts even worth my time? Would love to learn, thanks!

[pooya87]

what do you mean by candlesticking? https://www.urbandictionary.com/define.php?term=candlesticking

are you by any chance talking about technical analysis? or just getting the charts (candlestick charts)

[onrise]

Would certainly like to understand and read this type of charts and its features. How can you predict the rise and downfall in any market with such charts. Do we have any tutorials in simple words for beginners?

[Idrisu]

Op for your information, margin or leverage trading can be analyzed in three different ways. Technical analysis are those analysis which comprises using of leading and laging charts indicators. Fundamental analysis are those analysis that use news data in analyzing the market. Sentimental analysis are those analysis use to know what others traders are thinking.
 For your question poloniex and yobit.net provides you with candlestick charts and if you want to use candlestick in analyzing the market and you are comfortable with it, you need to know how it works. The best and close to accurate candlestick signal for exists and entry signals is pin bar, you can google it to see how it works.

[alani123]

You're probably talking about chart analysis. Well, there are several websites and services to help with that. Investopedia is a nice start because you'll need to familiarize yourself with the terminology at first. You can follow live market data through charting sites, a good one is cryptowat.ch.

[mikehersh2]

You're probably talking about chart analysis. Well, there are several websites and services to help with that. Investopedia is a nice start because you'll need to familiarize yourself with the terminology at first. You can follow live market data through charting sites, a good one is cryptowat.ch.

Yes, I realized my mistake shortly after posting this. Thank you for letting me know, i will definitely familiarize myself with the terminology before posting again. But thanks for the suggestions

[dearbesz1219]

I am fairly new to trading, and understand a few concepts and strategies. One that I would like to use is chart analasys, however I'm not sure which sites are good for that. The only site I know of is Poloniex, but do I have better options? Is using candle stick charts even worth my time? Would love to learn, thanks!

If you want to learn something about in candlestick you must go to bitcoinwisdom.com this is good for the beginner and then once you log in click to bitcoin bitfinex after that click the settings then you will see candlestick, red candlestick it means sellers won which pairs with a red volume(middle part) then when you see green candlestick it means buyers won.