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What are some recommended books on candlestick patterns for cryptocurrency traders?

avatarBhavya PokalaDec 17, 2021 · 3 years ago3 answers

I'm looking for some recommended books that cover candlestick patterns specifically for cryptocurrency traders. Can anyone suggest some good books that provide in-depth explanations and practical examples of how to use candlestick patterns in cryptocurrency trading? I want to improve my understanding of these patterns and learn how to effectively apply them in my trading strategies.

What are some recommended books on candlestick patterns for cryptocurrency traders?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! One highly recommended book on candlestick patterns for cryptocurrency traders is 'Japanese Candlestick Charting Techniques' by Steve Nison. This book is considered a classic in the field and provides a comprehensive guide to understanding and using candlestick patterns in trading. It covers both the basic and advanced concepts of candlestick patterns and includes real-world examples from the cryptocurrency market. It's a must-read for anyone serious about mastering candlestick patterns in cryptocurrency trading.
  • avatarDec 17, 2021 · 3 years ago
    I've found 'Candlestick Charting for Dummies' by Russell Rhoads to be a great resource for beginners. This book explains candlestick patterns in a simple and easy-to-understand language, making it perfect for those who are new to cryptocurrency trading. It covers the basic patterns and also provides practical tips on how to interpret and use them effectively. If you're just starting out with candlestick patterns, this book is a good choice to get you started.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends 'The Complete Guide to Candlestick Trading' by Stephen Bigalow. This book provides a comprehensive overview of candlestick patterns and their application in trading. It covers various patterns and their interpretations, along with strategies for entry and exit points. The author also shares his insights and experiences in trading, making it a valuable resource for both beginners and experienced traders. Give it a read and enhance your candlestick pattern knowledge!