What are the most recommended cryptocurrency trading books for learning technical analysis?
BtmdexDec 17, 2021 · 3 years ago3 answers
I'm looking for some recommendations on cryptocurrency trading books that focus on technical analysis. Can you suggest some of the best books in this area? I want to learn more about how to analyze price charts, identify trends, and make informed trading decisions based on technical indicators. It would be great if the books are written by experts in the field and provide practical strategies and examples. Any suggestions?
3 answers
- Dec 17, 2021 · 3 years agoSure! One highly recommended book for learning technical analysis in the cryptocurrency market is 'Technical Analysis of the Financial Markets' by John J. Murphy. This book covers the basics of technical analysis and provides detailed explanations of various chart patterns, indicators, and oscillators. It's a comprehensive guide that can help you understand the principles of technical analysis and apply them to cryptocurrency trading. Another popular book is 'Crypto Trading 101: Buy Sell Trade Cryptocurrency for Profit' by Jordan Kelley. This book focuses specifically on cryptocurrency trading and provides practical tips and strategies for analyzing price charts and making profitable trades. Both of these books are highly recommended by traders and have received positive reviews.
- Dec 17, 2021 · 3 years agoWhen it comes to learning technical analysis for cryptocurrency trading, 'TradingView for Beginners' by Brian Dean is a great resource. This book not only covers the basics of technical analysis but also teaches you how to use TradingView, a popular charting platform, to analyze cryptocurrency price charts. It provides step-by-step instructions and real-life examples to help you understand and apply technical analysis concepts effectively. Another book worth mentioning is 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos. Although it's not solely focused on technical analysis, it provides a comprehensive understanding of Bitcoin and blockchain technology, which can be valuable for cryptocurrency traders.
- Dec 17, 2021 · 3 years agoAs an expert in the cryptocurrency trading industry, I would recommend checking out the 'Technical Analysis Using Multiple Timeframes' by Brian Shannon. This book provides a detailed explanation of how to analyze price charts using multiple timeframes, which can be particularly useful for cryptocurrency traders. It covers various technical analysis tools and indicators and teaches you how to identify trends and make informed trading decisions. Additionally, you can also consider joining online communities and forums like BYDFi, where you can interact with experienced traders and learn from their insights and strategies.
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