Cryptocurrency Technical Analysis

Cryptocurrency Technical Analysis

Cryptocurrency Technical Analysis Course Review

Since the pandemic, more and more people have been working from home and becoming independent in their free time. With this new shift in our society, financial trading from home has become ever more popular. And even more so with the advent of cryptocurrencies, this new market has made it possible for people worldwide to gain access to financial trading that would otherwise not be able to trade financial instruments. If you want to learn how to trade in cryptocurrency, you have come to the right place.

At Gumroad, there are hundreds of training courses that will allow you to learn to trade in cryptocurrency and better your skills in becoming a financial trader. Let’s take a look at one of the top crypto trading courses available on Gumroad.

Who is this Course for?

Whether you are a total beginner trader or you are a seasoned trader that wants to touch up some of the areas that you feel you need improvement on, this course will suit both equally well. This course will take you through the basic and advanced elements of understanding the technical analysis of cryptocurrencies.

This crypto training course will ensure that you have a full and comprehensive understanding of what it takes to be a consistently profitable cryptocurrency day trader. Because of its in-depth training, most consider it to be the ultimate crypto trading course.  In this course, you will learn crypto trading charts and receive crypto trading coaching from the ground up.

Course Overview

In this full and comprehensive cryptocurrency trading course, you can look forward to 17 hours of video tutorials and webinars that focus on technical analysis as well as 10 hours of video tutorials that focus on the personal risk management strategies of the host “Rekt Capital” that he uses on a daily basis himself. The course only costs $149 and is part of a range of courses that if offered by Rekt Capital.

This course will be accessible on both mobile and PC, and you will retain lifetime access to all the content that is used in the course. The webinars in this course are one-hour sessions which are great bite-size lengths if you don’t have a lot of time during the day for studying. The webinars are also a fantastic resource for gaining more in-depth knowledge about specific techniques and strategies that get applied to altcoins in the cryptocurrency market.

This cryptocurrency trading course starts off with an in-depth view of the Tradingview platform, which is essential to understand and know how to use when it comes to trading financial markets. Further, in the course, there will be an in-depth analysis of candlestick formation as well as identifying support and resistance areas within financial and cryptocurrency markets. This crypto trading training course will not only help in understanding technical analysis of cryptocurrency markets but also help you in managing your capital and risk when entering these volatile markets.

What will you Learn in the Cryptocurrency Technical Analysis Course?

In this cryptocurrency day trading course, you will learn how to read order books and have a full understanding of psychological patterns and technical patterns that occur in the markets, how to identify them and how to take advantage of them.

You’ll also learn how to identify and draw trend lines and trading channels, along with understanding candlestick patterns. In this crypto trading class, you will also learn how to make use of some of the more popular technical analysis indicators that some of the top traders use worldwide.Some of these include moving averages, the MACD (moving average convergence divergence) as well as the RSI (relative strength index). You will not only learn how to use these indicators but also get a full understanding of their inner workings and why they are used in certain situations.

At the end of the crypto technical analysis course, there will be a full course summary that will bring it all together. The summary will be presented in a 65-minute webinar where all of the aspects discussed in the course will be put into perspective. 

In addition to the cryptocurrency trading course, there will be a full section dedicated to risk management. In this section, there will be a comprehensive introduction to risk management as well as structuring your portfolio and diversification of your portfolio. You will also learn the psychology of risk management as well as plan your trades according to a well-worked-out risk-to-reward strategy.

It is crucial for new traders to fully understand trade management and risk reduction strategies, as well as where to place your stop loss and the size of your positions in comparison to your initial capital. In this crypto trading analysis course, you will also learn how to hedge your positions during specific market conditions in an attempt to lower your risk exposure to the markets.

How Long will the course take to complete?

In this course, there are 17 hours of video tutorials and webinars that focus on Technical analysis. This makes up the first and largest section of the course.

Since all the videos have been pre-recorded, students can go through the course material at their own pace and revisit some of the webinars they feel needs additional attention.

In the second part of the course, you will find 10 hours of video tutorials that focus on personal risk management strategies to manage your capital.

It will be up to each student to manage their own time and go through the course material at their own pace. But to get a good idea of realistically how far the course can be done, let’s add the total hours of video up and divide it by an average study day. Let’s say you are a highly motivated person, and you plan on putting in 10 hours a day; then, you can manage to get through the course in a realistic time of 3 and a half days. For the more relaxed student who only wants to spend around 1-3 hours per day on the course, you can expect to complete it in about 2 – 4 weeks, depending.

Pros & Cons

Pros

  •  
  • Easy to get and comes at a fair price
  • Course can be done on your own time
  • Retain lifetime access to course material
  • Don’t need any prior knowledge to take the course

Cons

  • No one-on-one tutoring sessions

Conclusion

Trading cryptocurrency online doesn’t have to be an investing professional affair only. Almost anyone with a little interest and some passion of making money online should be able to trade profitably. However, you have to build a solid foundation of understanding how to trade cryptocurrency, which are almost correlated to other financial instruments.

Our experts vouch for this course as you are guaranteed that you are getting tutored by a professional who will guide you through and help you build the skills necessary to be a profitable cryptocurrency trader.

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