How to read Bitcoin Price with Video

CryptoCurrencyAltcoins
Jan 16, 2018
2 min read

Updated: Jan 20, 2018

I have a few friends that have been very profitable in the cryptocurrency market in the past year but do not know how to read price, let alone what a candle stick is. If you've been around for most of 2017 then you know it didn't really take much to be profitable during this incredible surge in the cryptocurrency market. These times could soon come to an end and even though most if not all coins do not have enough data for any significant technical analysis, building a good foundation and knowing how to perform proper technical analysis could be a key factor in successful cryptocurrency investing in the upcoming years.

I've been getting many questions from friends and family members on how to implement technical analysis in a cryptocurrency trading or investment plan, so I decided to make a video to share the tools that I use and that have benefited me in other markets as well as in the cryptocurrency market.

This video is geared towards newbies, I just go over the basics of some fundamental tools and indicators. If you're a seasoned trader or investor you might want to skip this one unless you want to refresh your basics or see how I implement some traditional market tools in the cryptocurrency market.

Please remember, the methods and indicators that I use may or may not be the right methods for you. There are countless of indicators and many different ways people implement them. Please do your due diligence and research. Furthermore Indicators follow price, meaning they have a lag. The value of an indicator is determined by price there for price always comes first , so no indicator can truly know what price will do next.