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Topic: Where can I learn Technical Analysis to Cryptocurrencies? - page 2. (Read 736 times)

newbie
Activity: 16
Merit: 20
Hello there,

I want to learn about Technical Analysis. Can you recommend some online courses and books?

Many thanks.  Wink

Many great recs on books so I won't add anything there; however, I would encourage you to check out some of the top traders on tradingview. Check these legends out: https://www.tradingview.com/u/PentarhUdi/ & https://www.tradingview.com/u/MagicPoopCannon/

Also Yuriy is good he doesn't just do crypto though: https://www.tradingview.com/u/Yuriy_Bishko/
full member
Activity: 1330
Merit: 147
You can search by using google and you will find a lot of article/blog which can help you to learn technical analyst to trade. But don't be strange if you get many articles about trading forex because it is the same when you trade in crypto currency, I mean you can learn the strategy and you can apply it in crypto trading.

Also, you can learn it from the youtube channel, I get used to using some youtube channel to compare my analyst and other people analyst. It can help you to make a decision or make you confident about your trading strategy or your technical analyst. There is no obstacle for you to start trading and learning it until you find what you want as long as you keep try and try although you find a lose for the first time you trade.
hero member
Activity: 2730
Merit: 632
Hello there,

I want to learn about Technical Analysis. Can you recommend some online courses and books?

Many thanks.  Wink

Follow up the videos of this channel: https://www.youtube.com/user/tradingwithrayner  You will surely learn a lot. It might be particularly talks about other markets but when it comes to technicals then its just on the same aspect and just like what others do say where babypips and investopedia is also a good place for you to start up specially when you are really starting from scratch. Just some tip, it might be easy to understand
but you should practice these skills neither on a demo platform or via on real account with small amounts. Learning trading cant really be done on just 1 day. This would take years of trial and error.
legendary
Activity: 3178
Merit: 1054

when you start learning how to use indicator in one pair, you eventually want to add another to see if you can figure out where the price go in the next few hours. it can be a fun game for yourself for confirmation that you already knew how it works. but it doesn't guarantee you win all the time.

I have some books which are really helpful if you do want to learn Technical analysis seriously:

- Japanese Candlestick Charting Techniques: book for the candlestick, understand some patterns as well as how to use them in trading. This is basic and easy to read
- Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets: having knowledge about supply and demand is really important, especially when we are trading with decentralized coins in which we can see the volumes and the volatility. This book gives you a new way to look at charts, prices, and patterns

There are some other books but I think it is not really necessary right now. You will find yourself new books once you join the world of trader.

steven nilson candle sticks tutorial was popular.
sr. member
Activity: 2338
Merit: 365
Learn technical analysis for cryptocurrency can be obtained from anywhere, just how do you learn and can understand the technical science of analysis. For example, there are currently many telegram groups that discuss technical analysis with all the details and lots of youtube learning videos that can be obtained free of charge. After that, it's just how you practice it on every trade you make. the practice is very important to continue to hone their technical knowledge. You will find the right strategy that suits you.
joining a telegram group discussing cryptocurrency trading analysis is one way...
many telegram analysis groups of cryptocurrency trading in circulation, not all of you can follow. You can also join a paid telegram group but the risk of being deceived is very large and not recommended. the best way IMO is to find a trusted mentor, you can pay for it personally and meet the person directly without fear of being deceived.
legendary
Activity: 2716
Merit: 1855
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Learn technical analysis for cryptocurrency can be obtained from anywhere, just how do you learn and can understand the technical science of analysis. For example, there are currently many telegram groups that discuss technical analysis with all the details and lots of youtube learning videos that can be obtained free of charge. After that, it's just how you practice it on every trade you make. the practice is very important to continue to hone their technical knowledge. You will find the right strategy that suits you.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
I have some books which are really helpful if you do want to learn Technical analysis seriously:

- Japanese Candlestick Charting Techniques: book for the candlestick, understand some patterns as well as how to use them in trading. This is basic and easy to read
- Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets: having knowledge about supply and demand is really important, especially when we are trading with decentralized coins in which we can see the volumes and the volatility. This book gives you a new way to look at charts, prices, and patterns

There are some other books but I think it is not really necessary right now. You will find yourself new books once you join the world of trader.
full member
Activity: 1540
Merit: 219
babypips and investopedia
Some exchanges have practise areas where no real money is involved.
But frankly it's all voodoo for 99% of people, so please be very sceptical.
If it worked everyone would do it. So it couldn't work.

I tried to used those platform before but I really don't settled with that. I used investopedia to become more aware about the risks in trading and how to go your investments. Trading is not that easy to do especially that it requires a good technical analysis in the market. Maybe, some of us are wondering how people are getting more effective in trading.

For me, you need to have an experience and always improve and practice your technical analysis in each and every transaction that you do. You can use trading simulators to know how technical analysis helps your trading and how trading works in reality. But for me, to become professional in trading, help your self grow by improving your strategies, speculations and technical analysis in the market.
hero member
Activity: 2212
Merit: 805
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You should check out Babypips. It's a platform with in depth insights about trading analysis concepts, facts and terminologies. Although it was created for Forex trading, the technical analysis knowledge you gain there can also be applied in the crypto  market.  Also, You should checkout https://github.com/learn-crypto-trading/learn-crypto-trading.github.io The Github repo documentation has solid contents on technical analysis. I'm currently learning and improving my knowledge of technical analysis using both listed tools.
hero member
Activity: 2660
Merit: 651
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OP, blockgeek have the perfect description which will be easy for beginners to understand crgpto trading technical analysis.



From time to time such threads appear and this is only to point out that , I don't know what good trader can become from a lazy person.
You totally right about some people been lazy which the reason why they usually become the prey in the market.


people are too lazy to use the search engine
Some are not lazy either but dont know the best way to use the search engine.

legendary
Activity: 2240
Merit: 3150
₿uy / $ell ..oeleo ;(
From time to time such threads appear and this is only to point out that people are too lazy to use the search engine, I don't know what good trader can become from a lazy person.

Anyway I have already answered this question a few times so instead of re-writing everything again, I will just re-quote myself.
Good luck Smiley
First, bitcoin trading is no different then any other trading market like stocks/forex and the same rules applies for it as well, it's just more volatile than the other markets.

Second, don't trade before you learn the main rules how to analyze the market. Your first read should be this book :
John J Murphy - Technical Analysis Of The Financial Markets It's like the holy book of the TA.
When you read the whole thing you can start charting different situation and outcomes.
Perfect place used to be www.tradingview.com to draw your charts, test different strategies it was free, i guess it's still free.

Use a demo trading platforms never use real money at the beginning. I used a lot MetaTrader 10 years ago I had some strategies for the Forex markets as I said it's the same as bitcoin. There should be better places to try, someone can give you advice for trading platforms with demo money. I have no time for this anymore, and sure no patience.
 
When you have gain knowledge and confidence, then you can go to youtube to find more strategies. 
DON'T INVEST MORE THAN YOU CAN LOOSE. This is the main rule. Everything you put in crypto, just consider it gone!
My main rule, make a profit slowly and when you double your investment, take out what you have invested. If anything goes wrong you are on 0 at the end.

You need to be very disciplined,always have a plan B in case things go wrong so you reduce your loss. Don't be greedy, you'll end up broke.

People think this is a game and playing it recklessly ending up loosing even their homes. If you think trading is like gambling you are doing it wrong!

full member
Activity: 1093
Merit: 103
I think this one below is a great source to learn technical analysis.

- https://github.com/learn-crypto-trading/learn-crypto-trading.github.io


Technical analysis free tool

- https://cryptowat.ch/
- https://bitcoinwisdom.io/
- https://coinalyze.net/
- https://data.bitcoinity.org/markets/volume/30d?c=e&t=b

Visualized tools
- https://bitcoinal.com/
- https://coin360.com/
- https://www.bitcoinpricemap.com/

Train your self using this crypto trading simulator

- https://altcoinfantasy.com/
- https://bitsgap.com/demo-trading/
- https://coinmarketgame.com/

All of them you can use them for technical analysis always keep training.
This information is really very useful and interesting.  And thank you very much.  it's over, I was looking for good trading simulators, so that using my tablet, the android operating system, I could usefully spend my free time far from the computer and learn how.  at first I wanted to use the demo version of Bitsgap, but it will most likely be very useful for a computer user, because the Android system does not read it properly.  If you take altcoinfantasy for example, then this is a kind of game that I could not understand.  At least I did not try too hard because I did not like the interface itself.  But coinmarketGame is more or less suitable for a person who does not understand anything at all in trading.  I had virtual $ 20,000 on my balance.  I bought a Cardano coin for $ 19980 and after an hour and a half, there was already $ 20,850 on my balance.  I also bought iota and stellar for virtual funds, but only with a smaller volume, but Cardano gave me the best result.  And in the end, I was surprised that I earned $ 850 for a half.  Roll Eyes But something, I too doubt that when investing real money on some exchange, I will get the same results.  Grin
sr. member
Activity: 2828
Merit: 344
win lambo...


There are tons of tutorials online, I would advise to just choose one though, so that it won't get complicated or no information overload on your part. Best of luck.
That is very important. Everyone should also know their limitation because experts never have a lot of strategy in trading, they'll stick into strategies that they saw it was more effective and ignore the others.

@OP, a lot of suggestions above. You can try them all and apply them in a real scenario to find which one will give you the most and master it because you can't have them all and work perfectly that is why you only need to choose one or two to have a better result.
full member
Activity: 1736
Merit: 121
I was trained using babypips. It is very important, simple to learn with and covers a wide range of technical analysis including candle formations and charts. I recommend it for any newbie that wants to do well in trading.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Investopedia and TradingView are the two great ones, not saying that you will be great at trading the moment you study them but at least you would be basically doing the best you can, would that be enough or not but we are talking about being a better yourself and that is what it counts.

TradingView is what you can use to learn and watch the other traders and you would basically be seeing the good traders doing it and you can copy it and maybe one day you could be like them if you could watch them. Like I said this is not really a bad day but it is the perfect way neither, it is only a small time better method.

Investopedia on the other hand is great for not just TA but you can learn everything for stock market as well, I have been using it for that for 10 years now.
full member
Activity: 1372
Merit: 133
Learning cryptocurrencies have got more easier day by day, check on YouTube using your Search engine you will see tons of videos on how to learn Technical analysis (T.A) even following top crypto traders who really know the movement of the market on their different social media accounts to gain more information.  
Undoubtedly, you said absolutely right, on the Internet there is a lot of information on how to carry out technical analysis of cryptocurrencies and how to learn how to trade, especially YouTube channels are popular among newcomers.  I also use valuable tips and information for training from this resource, But the main problem is to find a professional teacher, and not to listen to someone who voices empty phrases in which he himself does not understand anything.  I had no results for a very long time, until I really found what I needed.  It is very important for a beginner to get the right information in an understandable format from the very beginning.
member
Activity: 420
Merit: 12
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Learning cryptocurrencies have got more easier day by day, check on YouTube using your Search engine you will see tons of videos on how to learn Technical analysis (T.A) even following top crypto traders who really know the movement of the market on their different social media accounts to gain more information. 
hero member
Activity: 2632
Merit: 833
Maybe this one can help as well, https://www.udemy.com/course/technical-analysis-fundamentals/.

There are tons of tutorials online, I would advise to just choose one though, so that it won't get complicated or no information overload on your part. Best of luck.
newbie
Activity: 49
Merit: 0
I think this one below is a great source to learn technical analysis.

- https://github.com/learn-crypto-trading/learn-crypto-trading.github.io


Technical analysis free tool

- https://cryptowat.ch/
- https://bitcoinwisdom.io/
- https://coinalyze.net/
- https://data.bitcoinity.org/markets/volume/30d?c=e&t=b

Visualized tools
- https://bitcoinal.com/
- https://coin360.com/
- https://www.bitcoinpricemap.com/

Train your self using this crypto trading simulator

- https://altcoinfantasy.com/
- https://bitsgap.com/demo-trading/
- https://coinmarketgame.com/

All of them you can use them for technical analysis always keep training.

Thank all of you. This is what exactly I'm looking for. Smiley
full member
Activity: 994
Merit: 101
Already people give good suggestion OP. You can try one of those. For beginner i think those advise are much comfortable. So i don't give you any new website or tools name. But i will recommend a channel where you can all of your answer about technical analysis for crypto currency. I used to see this channel when i was a beginner too. Good luck.
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