Are there any books on trading cryptocurrencies that focus on technical analysis?
Ray VedelDec 16, 2021 · 3 years ago5 answers
I'm looking for books that specifically cover technical analysis in the context of trading cryptocurrencies. Can anyone recommend any good books on this topic? I want to learn more about how to analyze price charts, identify trends, and make informed trading decisions based on technical indicators. Any suggestions?
5 answers
- Dec 16, 2021 · 3 years agoSure! One book that I highly recommend is 'Technical Analysis of the Financial Markets' by John J. Murphy. Although it's not specifically focused on cryptocurrencies, it provides a solid foundation in technical analysis principles that can be applied to any market, including cryptocurrencies. The book covers various technical indicators, chart patterns, and trading strategies that can help you analyze price movements and make better trading decisions.
- Dec 16, 2021 · 3 years agoAbsolutely! 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo is a great book that covers both the basics of cryptocurrency trading and technical analysis. It explains how to read price charts, identify support and resistance levels, and use indicators like moving averages and RSI to make trading decisions. It's a comprehensive guide for beginners.
- Dec 16, 2021 · 3 years agoDefinitely! 'Mastering Bitcoin for Dummies' by Alan T. Norman is a fantastic book that not only covers the technical aspects of Bitcoin but also provides insights into trading strategies and technical analysis. It's written in a beginner-friendly language and offers step-by-step guidance on how to analyze price charts, use indicators, and develop a trading plan. Highly recommended for those new to both Bitcoin and technical analysis.
- Dec 16, 2021 · 3 years agoYes, there are several books that focus on technical analysis in the context of trading cryptocurrencies. One popular choice is 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar. It covers various aspects of cryptocurrency investing, including technical analysis techniques. The book provides a comprehensive overview of different cryptocurrencies and explains how to analyze their price movements using technical indicators.
- Dec 16, 2021 · 3 years agoAbsolutely! 'Trading Cryptocurrencies: A Beginner's Guide' by Clem Chambers is a great book that covers technical analysis in a beginner-friendly manner. It explains key concepts like support and resistance levels, trendlines, and candlestick patterns. The book also provides practical tips on how to use technical analysis to improve your trading performance. Give it a read!
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