Are there any recommended technical analysis books specifically for analyzing digital currencies?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! One highly recommended book for technical analysis of digital currencies is 'Technical Analysis of Cryptocurrency' by Michael J. Casey and Paul Vigna. It provides a comprehensive guide to analyzing the price charts and patterns of various cryptocurrencies, along with practical strategies for making informed trading decisions. The book covers key indicators like moving averages, RSI, and MACD, and also delves into specific patterns like triangles and head and shoulders. It's a must-read for anyone interested in applying technical analysis to digital currencies!
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• Dec 17, 2021 · 3 years ago
  Absolutely! 'Mastering Bitcoin' by Andreas M. Antonopoulos is another great book that covers technical analysis in the context of digital currencies. While it primarily focuses on the fundamentals of Bitcoin, it also provides valuable insights into analyzing price charts and patterns. The book explains key concepts like support and resistance levels, trend lines, and candlestick patterns, and offers practical tips for identifying potential entry and exit points. It's a comprehensive resource for both beginners and experienced traders.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we highly recommend 'Digital Gold' by Nathaniel Popper. Although it's not solely focused on technical analysis, the book provides a fascinating account of the rise of Bitcoin and the cryptocurrency industry. It offers valuable insights into the factors that influence the price movements of digital currencies and the underlying technology. While it may not provide specific technical analysis strategies, it's a must-read for anyone interested in understanding the broader context of digital currencies.
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