Lesson 21: Setting Up, Reading, and Using a Cryptocurrency Candlestick Charts Like an Expert
The first video will teach you about the most popular cryptocurrency chart called the “Japanese Candle Stick” chart. The video sets the foundation for the second video where you will actually set up a cryptocurrency candlestick chart that you can use over and over again for any cryptocurrency.
It is important to understand that use of these charts is NOT to tell you to sell or buy, but the to tell when to buy or sell if that is what you would like to do.
If I was considering buying a cryptocurrency, I would look at my chart to see the best or optimal time to buy. Likewise, if was looking at taking some profit off of the top of a coin I already hold, I would look at my chart to know the best time to do it.
Understanding The Japanese Candlesticks
Setting Up Your Candlestick Chart Template On TradingView
The Next Lesson (Lesson 22): How To Cashout Your “Crypto” Profits and Send To Your Bank Account (Check your email tomorrow)