I was once in your spot. Not knowing what I'm looking at when looking at a chart.
I've found these youtube channels to be very helpful...
DataDash's youtube playlist on trading tips.
https://www.youtube.com/watch?v=zBjbyew6oyc&list=PLovfz5BWiPa34GzoacromtRO-hq1XQSnD
Also, Arcane Bear has good tips on reading charts.
https://www.youtube.com/watch?v=-aTrxMsgcec&list=PLFQw-oZoKfpPye0b4gUL6FicrUfR6Qo3S
and for some advanced live charting.... Check out Sensai Kevlar
https://www.youtube.com/channel/UCEJ9J4JPRpACpUJxk4M5IqA
I hope this helps!
Topic: Reading charts (Read 255 times)
I'm new to cryptocurrency 
and i want to know what is the procedure/sequence to read charts.elliot wave ,support and resistance lines,Fibonacci etc.Also i want to know, should i always use this all chart analysis methods to get good profit 
. please help me to soleve this problem.My english grammer is not good 
.sorry for that.
Because my native language is not English.
and i want to know what is the procedure/sequence to read charts.elliot wave ,support and resistance lines,Fibonacci etc.Also i want to know, should i always use this all chart analysis methods to get good profit . please help me to soleve this problem.My english grammer is not good .sorry for that.Because my native language is not English.
same problem here, im not good at reading/analizing chart/graph to be perfectly got earn in the markets, its hard to me to read those reds and greens line on the graph and the numbers by row. i think it is my chance to get learn about this topics. waiting for more seniors to be response on this thread to be follow the conversation and got learn for some info.
The charts work as the same way, only that the price is affected by other kind of events in the real life, but in fact, all the indicators say the same and you can use them to predict the price.
Elliot waves works as the same as stocks/forex, and the resistance supports applies to altcoins too, but you have to pay a lot of attention to it because it varies in some times.
But yes, and there are a lot of plugins to add to your metatrader that will help you a lot.
good luck
Elliot waves works as the same as stocks/forex, and the resistance supports applies to altcoins too, but you have to pay a lot of attention to it because it varies in some times.
But yes, and there are a lot of plugins to add to your metatrader that will help you a lot.
good luck
I personally use a mixture of T.A. (Technical Analysis or chart analysis) and keeping up with the news! The news in crypto is hugeeeee! Some coins can go up 100% in a few days after a good news story / progress update is released. Cheers!
These are general trading principles. Buy (or download) a book about. I doubt somebody will be able explain them to you here (it would be more than 100 pages post).
Maybe you can try to follow this guy: https://bitcointalksearch.org/topic/50-cent-get-rich-or-die-trading-the-ultimate-beginners-guide-2223191 he's really good in explaining such stuff.
Maybe you can try to follow this guy: https://bitcointalksearch.org/topic/50-cent-get-rich-or-die-trading-the-ultimate-beginners-guide-2223191 he's really good in explaining such stuff.
I'm new to cryptocurrency and i want to know what is the procedure/sequence to read charts.elliot wave ,support and resistance lines,Fibonacci etc.Also i want to know, should i always use this all chart analysis methods to get good profit . please help me to soleve this problem.My english grammer is not good .sorry for that.
Because my native language is not English.
and i want to know what is the procedure/sequence to read charts.elliot wave ,support and resistance lines,Fibonacci etc.Also i want to know, should i always use this all chart analysis methods to get good profit . please help me to soleve this problem.My english grammer is not good .sorry for that.Because my native language is not English.
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