{"id":8685,"date":"2022-09-29T07:04:22","date_gmt":"2022-09-29T07:04:22","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=8685"},"modified":"2022-09-29T07:04:22","modified_gmt":"2022-09-29T07:04:22","slug":"how-to-read-crypto-trading-charts-patterns","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/09\/29\/how-to-read-crypto-trading-charts-patterns\/","title":{"rendered":"How to read crypto trading charts &#038; patterns"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">What you&#8217;ll learn<\/h2>\n\n\n\n<ol><li>An overview charting tools<\/li><li>Introduction to chart patterns<\/li><li>An example of a Pennant formation<\/li><li>How to crowdsource chart resources<\/li><\/ol>\n\n\n\n<p>If you\u2019ve followed the sequence of our knowledge base articles, explaining how to trade crypto, you should be familiar with the concept of&nbsp;<em>technical analysis<\/em>.&nbsp;<\/p>\n\n\n\n<p>Technical Analysis uses crypto price history and volume &#8211;&nbsp; visualising that data in trading charts &#8211; trying to predict where it will move next.<\/p>\n\n\n\n<p>Experienced traders do this by looking for any of a large number of recognised patterns which may point to specific subsequent price movement, as well as applying custom annotation to create their own interpretation.<\/p>\n\n\n\n<p>It is worth pointing out that trading charts and pattern recognition aren\u2019t unique to crypto; it is fundamental to trading any asset, though the specifics may vary. In order to understand it, you must start by familiarising yourself with the tools that will enable you to annotate and draw charts.<\/p>\n\n\n\n<p>One of the most popular tools on the market is Tradingview. You can access the basic elements of Tradingview for free simply by visiting a cryptocurrency exchange such as\u00a0Bitstamp.\u00a0You\u2019ll see the\u00a0<em>Tradeview<\/em>\u00a0option when you land on their homepage. Other similar tools are available.<\/p>\n\n\n\n<p>We\u2019ve discussed the basics of crypto price charts already, so if you are unfamiliar it would be worth to go and read these articles:<\/p>\n\n\n\n<ul><li><strong>What are crypto price charts<\/strong><\/li><li><strong>What is Technical Analysis<\/strong><\/li><li><strong>Leading &amp; Lagging Indicators explained<\/strong><\/li><\/ul>\n\n\n\n<p>Already have Read these Topics&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What you&#8217;ll learn An overview charting tools Introduction to chart patterns An example of a Pennant formation How to crowdsource chart resources If you\u2019ve followed the sequence of our knowledge base articles, explaining how to trade crypto, you should be familiar with the concept of&nbsp;technical analysis.&nbsp; Technical Analysis uses crypto price history and volume &#8211;&nbsp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[479],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8685"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=8685"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8685\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=8685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=8685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=8685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}