How To Read Crypto Charts

[BitcoinYu]

I think I should not ask you if you know what are trading charts, right?

If we are here in the trading section then everyone should know that.

I think that this will be more for beginners, but maybe traders with experience can find some use of my new article.

It is for Paybis again and also as before, I want to know your opinion about this and maybe you have something I could change.

So here is the article - https://paybis.com/blog/how-to-read-crypto-charts/

Let me know what you think.

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[armarsterling7]

It's really easy-to-understand guides and makes it easier for newcomers to find inspiration and feel the job.
I used to be a very pessimistic person about my trading ability as well as my investment. But after reading the article, it seems that I thought about becoming a professional trader in the future. Thank you so much, dude.

[Oilacris]

So here is the article - https://paybis.com/blog/how-to-read-crypto-charts/

Let me know what you think.

This is really very informative but somehow its quite a shortcut but a bearable thing specially for beginners or who do really start trading from 0.

Its good that those main indicators being mentioned out and have their own description.IF you do able to read this up you will eventually know even the basics
and will understand on how you do look at on the charts.

[hugeblack]

Are you the one who wrote this article? It needs some adjustment in the format and will be an excellent topic. Bookmark it.
This "How To Read Crypto Charts & The Simplest Price Charts" part must be before this "What Are Crypto Charts?."
I hope to add more sites instead of CMC because some may not use it but in general it is excellent.
You can add an entry for technical analysis and price prediction.

[Theb]

You should have dig in deeper and create an own section for trading volume since it works well with a lot of indicators as well as the price movement. For me aside from a candlestick a newbie's first indicator should be trading volume since all you need is a candlestick and the traded volume to get a general sense on whether or not an asset is bullish. It's the most basic indicator out there and the most easiest to learn for newbies. Your article just jumped right in on the topic of MACD without even explaining anything about moving averages and EMAs. The article is good but in order for then to learn properly you must teach them step by step.

[SquallLeonhart]

You can judge by that because we have so many newbies that do get some education from every sector of these forum by simply reading post and your post may be of help to someone new out there, so when you do things like this, you have to try as much as possible to touch a little bit part that will help the newbies too. Your lessons here is mainly for advance traders and I think those are your targets.

The short training you have here is really a quality one and I think that I myself have really learned one or two thing from it which I don’t think I have ever known too. We cannot know all finish, but with this type of post, we will keep getting exposed to some tricks and also get better in any aspect that we find our self-having difficulty in reading charts.

[Mpamaegbu]

Nice lesson on the chart system. I think the first graphic could also have candlestick maybe one way of the other, added to the graph. For a learner, candlestick is usually the thing to watch in learning a chart.

Even more experienced traders do find bar charts self explanatory because the candlestick movement are easy to understand. Your suggestion is apt. Besides that, the art of emotion mastery should be outlined as a prerequisite for trading successfully. It isn't just about charts alone.

[omonuyak]

It's really easy-to-understand guides and makes it easier for newcomers to find inspiration and feel the job.
I used to be a very pessimistic person about my trading ability as well as my investment. But after reading the article, it seems that I thought about becoming a professional trader in the future. Thank you so much, dude.

It is the professionals that has advantage over others in this market and it is unwise to start trading without spending quality time to learn and understand how technical indicators works. Many people that still understand technical indicators still lose because of lack of patience and greediness and we are to understand that what matter most in trading is our emotions.

[MonsterV]

It's really easy-to-understand guides and makes it easier for newcomers to find inspiration and feel the job.
I used to be a very pessimistic person about my trading ability as well as my investment. But after reading the article, it seems that I thought about becoming a professional trader in the future. Thank you so much, dude.

It is the professionals that has advantage over others in this market and it is unwise to start trading without spending quality time to learn and understand how technical indicators works. Many people that still understand technical indicators still lose because of lack of patience and greediness and we are to understand that what matter most in trading is our emotions.

right dude, understanding is not necessarily experienced like many people, they actually already understand about trading but they have not experienced in managing it. Pro traders can not only be understanding but they also have a lot experience in trading. The experience I mean is covering technical and fundamental experience.

[ajqjjj]

It's really easy-to-understand guides and makes it easier for newcomers to find inspiration and feel the job.
I used to be a very pessimistic person about my trading ability as well as my investment. But after reading the article, it seems that I thought about becoming a professional trader in the future. Thank you so much, dude.

It is the professionals that has advantage over others in this market and it is unwise to start trading without spending quality time to learn and understand how technical indicators works. Many people that still understand technical indicators still lose because of lack of patience and greediness and we are to understand that what matter most in trading is our emotions.

right dude, understanding is not necessarily experienced like many people, they actually already understand about trading but they have not experienced in managing it. Pro traders can not only be understanding but they also have a lot experience in trading. The experience I mean is covering technical and fundamental experience.

All the informations are partially working in trading platform because do not judge the market. Nowadays many peoples are study the different kind of technique, But few people only understand the proper technique. So anyone can  survive the trading platform and few only take right decision on all the time.

[GreatArkansas]

I saw phrase in the article provided by the OP which in around the ending of the article that telling : "Now that you’ve learned how to read crypto charts, it’s time to take the next steps on your way to trading crypto."

So, which is much better ? As time goes by we are started to trade, we can step by step learn how to read those charts?
Or we can learn first all of those before doing some actual trading?

[Herry Toms]

Reading crypto charts is an art and if you really want to learn how to anticipate patterns then go and check out "Master to trade the market" by nail fuler pretty nice and handsome source of learning Price action and trading charts.

[Jating]

Quickly scan the articles, so yes this is probably good for beginners to learn the different terminologies specially the patterns and MACD Line. You will hear about it many times in this board and it's good that you somewhat touch base on that subject.

Learning technical analysis is somewhat intimidating for the majority of noobs. It involves lots of skills and of course money. So if everyone wanted to earn money in crypto trading, at least learn some basic technical analysis and just move on as you gain more experience.