5 Best Free Crypto Technical Analysis Courses For Beginners

If you are Looking to sharpen your crypto trading skills but don’t want to empty your purse on expensive courses, finding free courses should be the master plan. Luckily there are several excellent free courses available that provide a solid foundation in technical analysis for beginner crypto traders. We will highlight five of the best options to help you get started on crypto trading.

1. Binance Academy

Binance, one of the world’s largest cryptocurrency exchanges, offers a robust educational platform called Binance Academy. Their Chart Patterns & Technical Analysis course is a fantastic starting point for those new to technical analysis in the crypto space. 

The course covers key concepts like support and resistance levels, trend lines, candlestick patterns, and common chart formations like head and shoulders. It uses real examples from Bitcoin price charts to illustrate these concepts in action.

One great feature of the Binance Academy course is the interactive quizzes at the end of each lesson. These help reinforce your learning and let you test your understanding before moving on. The course is also helpfully divided into bite-sized lessons, most under 10 minutes, making it easy to fit into a busy schedule.

While the course is an excellent primer, those looking for more depth may want to supplement it with additional resources. However, as a starting point, Binance Academy offers one of the best structured and beginner-friendly free courses on crypto technical analysis.

2. Coursera 

Coursera’s Trading Basics course from the Indian School of Business, while not exclusively focused on crypto, provides a solid foundation in technical analysis that can be readily applied to cryptocurrency markets. The course is free to audit, although a paid certificate is also available.

The curriculum covers key concepts like candlestick charts, moving averages, Bollinger Bands, and the MACD indicator. Each concept is explained in clear language with helpful visuals. 

One advantage of this course is that it goes beyond just chart reading to cover important topics like risk management and trading psychology. These are critical for success in the volatile crypto markets.

The Coursera platform is user-friendly, with short videos, readings, and quizzes to cater to different learning styles. Expect to spend about 8 hours in total working through the material.

3. Baby Pips

Baby Pips is a popular educational site for forex traders, but much of the material is applicable to crypto as well. Their School of Pipsology is a free curriculum that covers the full range of trading topics, with a solid section on technical analysis.

The “Preschool” section covers the basics of Japanese candlestick charts, support and resistance, and trend lines. From there, you can progress to “Elementary”, “Middle School” and beyond for more advanced topics.

Baby Pips takes an engaging, informal approach to trading education. Lessons are interspersed with humor, attractive visuals, and relatable analogies. The site also has an extensive user forum where you can ask questions and learn from more experienced traders.

4. The Chart Guys 

The Chart Guys offer a range of free video content on their YouTube channel, including a series specifically focused on Trading Cryptocurrency. While not a structured course per se, these videos provide valuable insights into real-world crypto chart analysis.

The videos are hosted by experienced traders who walk through their analysis of live charts for Bitcoin, Ethereum, and other major cryptocurrencies. They explain their thought process in identifying key levels, trends, and potential trade setups.

One strength of The Chart Guys’ approach is their emphasis on risk management. They frequently discuss concepts like position sizing, stop losses, and risk/reward ratios – all critical for surviving in the volatile crypto markets.

While the video format may not suit everyone, seeing the concepts of technical analysis applied in real-time can be a powerful learning tool. The Chart Guys do assume some basic knowledge, so this resource may be best used in conjunction with a more structured beginners course.

5. Udemy

Udemy is an online learning platform hosting courses on a wide range of topics, including several free options for learning technical analysis. One standout is Technical Analysis Bootcamp by Mohsen Hassan.

This 10-hour video course provides a comprehensive introduction to the key concepts and tools of technical analysis. While not specific to crypto, the course uses real chart examples to illustrate ideas like trends, chart patterns, moving averages, and oscillators.

A key selling point of this course is its depth. It goes beyond the basics to cover advanced topics like Fibonacci analysis and Elliott Wave Theory. While not essential for beginners, exposure to these concepts can help set the stage for further learning.

Udemy’s course structure is straightforward, with the videos organized into clear sections. The platform also offers a speed adjustment feature, allowing you to watch at a faster pace if desired.

Remember, no single course will turn you into a professional trader overnight. Successful trading requires ongoing learning, practice, and refinement. These courses provide the building blocks, but it’s up to you to put in the screen time to develop your eye for charts.

Read also: Best Crypto Learn and Earn Programs in 2024

As you progress in your learning journey, don’t neglect key concepts like risk management and trading psychology. Technical analysis is just one piece of the puzzle.

Frequently Asked Questions

Do I need prior knowledge of trading or technical analysis to take these courses?

Most of these courses assume little to no prior knowledge. They are designed for beginners and will walk you through the basic concepts from the ground up. However, a general understanding of how financial markets work can be helpful.

Can I really learn technical analysis for free?

Yes, you can absolutely learn the fundamentals of technical analysis without spending any money. The courses highlighted here are genuinely free, with no hidden costs. The only “catch” is that you’ll need to invest your time and effort to work through the material and apply the concepts in practice.

How long does it take to complete these courses?

The time required varies by course. Some, like the Binance Academy offering, can be completed in a few hours. Others, like the Udemy Bootcamp, are more extensive and could take several days or weeks to work through, depending on your pace. Consider starting with a shorter course to build momentum before tackling a more comprehensive one.

Will these courses teach me how to trade cryptocurrencies?

These courses will teach you the tools and concepts of technical analysis, which can be applied to trading cryptocurrencies. However, they won’t provide a complete trading education. Topics like portfolio management, trading psychology, and risk control are equally important and will require additional learning.

What equipment do I need to take these courses?

All you need is a computer or mobile device with an internet connection. Most of the courses are web-based and don’t require any special software. For the later stages of your learning, you might want to investigate charting platforms like TradingView, but these aren’t necessary to get started.

Are these courses really suitable for beginners?

Yes, these courses are specifically designed with beginners in mind. They assume no prior knowledge and aim to build your understanding from the ground up. If you find a particular course too challenging, consider starting with a more basic one and working your way up.

Can I interact with instructors or other students in these courses?

The level of interaction varies by course. Some, like the Udemy and Coursera offerings, have Q&A sections where you can post questions. Others, like Baby Pips, have user forums for discussion. However, for the most part, these are self-paced courses that you work through independently.

Do these courses offer a certificate of completion?

Most of these courses do not offer a certificate, as they are free. The exception is Coursera, which offers an optional paid certificate. However, for beginners just looking to learn, a certificate isn’t necessary. Your trading results will be the ultimate proof of your learning.