How To Read Crypto Charts For Day Trading. Just because he isn’t charting. Anyone who trades in the stock market needs to have the basic skill ofreading charts.
Well at the very least, it should give you a basic understanding of how to read crypto charts and what all the numbers and figures mean. Different time frames for crypto charts. Bitcoinwisdom is totally free cryptocurrency charting website, that includes all the key exchanges such as bitmex, deribit, kraken, binance and coinbase pro.
Understand that price action and candlesticks are most important indicator;
My advice is to first start following the price of bitcoin and your other favorite coins daily. Day trading crypto is the best when the liquidity and trading volumes are higher. By following you can always get new information quickly. The average volume of a coin over a much longer period of time can be worked out by taking the total amount that was traded during that period and then dividing by the length of the period.