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What are the best resources or tutorials for beginners to learn how to effectively use fib extension techniques in cryptocurrency trading?

avatarAndrey U.Dec 16, 2021 · 3 years ago3 answers

I'm new to cryptocurrency trading and I want to learn how to effectively use fib extension techniques. Can anyone recommend the best resources or tutorials for beginners to learn about this?

What are the best resources or tutorials for beginners to learn how to effectively use fib extension techniques in cryptocurrency trading?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! If you're new to cryptocurrency trading and want to learn how to effectively use fib extension techniques, there are several resources and tutorials available. One highly recommended resource is the 'Fibonacci Trading: How to Master the Time and Price Advantage' book by Carolyn Boroden. This book provides a comprehensive guide to Fibonacci trading techniques, including fib extension techniques, and is suitable for beginners. Additionally, you can find tutorials and educational videos on platforms like YouTube and Udemy. Just search for 'fib extension techniques in cryptocurrency trading' and you'll find plenty of helpful resources to get started!
  • avatarDec 16, 2021 · 3 years ago
    Hey there! Looking to learn how to effectively use fib extension techniques in cryptocurrency trading? You're in luck! There are some great resources out there for beginners. One popular option is the 'Fibonacci Trading for Dummies' book by Russell Rhoads. It breaks down the concepts in an easy-to-understand way and provides practical examples. Another option is to join online communities and forums dedicated to cryptocurrency trading. You can ask questions, learn from experienced traders, and get valuable insights on fib extension techniques. Remember, practice makes perfect, so don't forget to apply what you learn in real trading situations!
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! If you're a beginner looking to learn how to effectively use fib extension techniques in cryptocurrency trading, I recommend checking out BYDFi's educational resources. They have a dedicated section on their website that covers various trading strategies, including fib extension techniques. Their tutorials are beginner-friendly and provide step-by-step instructions on how to apply these techniques in real trading scenarios. Additionally, you can explore online trading communities like Reddit and Stack Overflow, where traders share their experiences and insights. Remember, learning is a continuous process, so keep practicing and refining your skills!