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What are the best tools to read crypto charts?

avatarCowan SchmidtDec 17, 2021 · 3 years ago3 answers

I'm new to cryptocurrency trading and I want to learn how to read crypto charts. Can anyone recommend the best tools or resources to help me understand and analyze crypto charts effectively? I'm looking for tools that are user-friendly and provide accurate and real-time data. Any suggestions?

What are the best tools to read crypto charts?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to reading crypto charts, there are several tools that can be helpful. One popular option is TradingView, which provides a wide range of charting tools and indicators. It's user-friendly and offers real-time data for various cryptocurrencies. Another tool worth considering is Coinigy, which offers advanced charting features and allows you to connect multiple exchanges to access all your trading data in one place. If you prefer a mobile app, you can try out CryptoCompare, which provides comprehensive charting tools and allows you to set price alerts. Remember, it's important to practice and learn how to interpret different chart patterns and indicators to make informed trading decisions.
  • avatarDec 17, 2021 · 3 years ago
    Reading crypto charts can be overwhelming for beginners, but with the right tools, it becomes much easier. One tool that I highly recommend is CoinMarketCap. While it's primarily known for providing cryptocurrency market data, it also offers basic charting features that can help you analyze price movements. Additionally, many cryptocurrency exchanges have their own charting tools built into their platforms. For example, Binance and Coinbase Pro both offer user-friendly charting interfaces with a wide range of technical indicators. These tools are great for beginners as they provide real-time data and are integrated with the trading platforms, making it convenient to execute trades based on your analysis.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to reading crypto charts, one tool that stands out is BYDFi's charting platform. It offers a comprehensive set of tools and indicators that can help traders analyze price movements and make informed decisions. The platform is user-friendly and provides real-time data for various cryptocurrencies. Additionally, BYDFi's charting platform allows you to connect multiple exchanges, providing a centralized view of your trading data. Whether you're a beginner or an experienced trader, BYDFi's charting platform is definitely worth considering.