Technical Analysis Primer For Cryptocurrencies

An excellent primer on candlesticks & chart patterns which can be quite useful in trading cryptocurrencies:

 

However, I would disagree with the above comment  which says “Chart patterns are a way to speculate (predict) future movement…” – chart patterns can help to identify attractive risk/reward trade setups, and they can also help a trader to manage risk and/or exit losing positions before a loss becomes larger than necessary. In addition, all the above chart patterns can resolve either way (bullish or bearish), they can also morph into a different pattern or simply oscillate sideways for an extended period of time.

Thomas Bulkowski’s site is another excellent technical analysis resource which I highly recommend: ThePatternSite.com

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