What are the best price action books for understanding cryptocurrency trading?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure, here are a few price action books that are highly recommended for understanding cryptocurrency trading: 1. "Technical Analysis of the Financial Markets" by John J. Murphy: This book is a comprehensive guide to technical analysis and covers various chart patterns, indicators, and trading strategies that can be applied to cryptocurrencies. 2. "Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond" by Chris Burniske and Jack Tatar: Although not solely focused on price action, this book provides valuable insights into the fundamentals of cryptocurrencies and how to evaluate their potential value. 3. "Trading in the Zone" by Mark Douglas: While not specifically about cryptocurrencies, this book delves into the psychology of trading and helps traders develop the right mindset for successful trading. These books are highly regarded in the trading community and provide a solid foundation for understanding price action in the cryptocurrency market.
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• Dec 18, 2021 · 3 years ago
  When it comes to price action books for understanding cryptocurrency trading, one book that stands out is "The Art and Science of Technical Analysis" by Adam Grimes. This book covers various technical analysis techniques and provides practical examples of how to apply them in the cryptocurrency market. It also emphasizes the importance of understanding market structure and using price action to make informed trading decisions.
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• Dec 18, 2021 · 3 years ago
  As an expert in the field, I would recommend checking out the book "Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets" by Laurentiu Damir. This book focuses specifically on price action trading and provides a step-by-step approach to analyzing price movements in the cryptocurrency market. It covers topics such as support and resistance, trend lines, and candlestick patterns. It's a great resource for traders looking to improve their understanding of price action in cryptocurrency trading. Disclaimer: The views expressed here are my own and do not represent the views of BYDFi or any other organization.
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