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What are the best technical analysis books for beginners in the field of cryptocurrency?

avatarBLACK KITASANDec 16, 2021 · 3 years ago3 answers

I'm new to the field of cryptocurrency and I want to learn more about technical analysis. Can anyone recommend some good books for beginners that cover technical analysis specifically in the context of cryptocurrency? I'm looking for books that explain the basic concepts and techniques in a clear and understandable way.

What are the best technical analysis books for beginners in the field of cryptocurrency?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! One highly recommended book for beginners in the field of cryptocurrency is 'Technical Analysis of the Financial Markets' by John J. Murphy. This book covers the basics of technical analysis and provides insights into how to apply these techniques to cryptocurrency markets. It's a comprehensive guide that explains various chart patterns, indicators, and oscillators. Another great book is 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo. This book not only covers technical analysis but also provides a broader understanding of cryptocurrency trading and investing. Both books are written in a beginner-friendly language and are highly recommended for those who want to learn technical analysis in the context of cryptocurrency.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for a more practical approach to technical analysis in cryptocurrency, 'Crypto Trading 101: Buy Sell Trade Cryptocurrency for Profit' by Alan T. Norman is a great choice. This book focuses on teaching you how to read charts, identify trends, and make profitable trades. It also covers risk management and trading psychology, which are crucial aspects of successful trading. 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 helpful in analyzing cryptocurrency markets.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field of cryptocurrency, I would recommend checking out the resources provided by BYDFi. They offer a wide range of educational materials, including books, courses, and tutorials, specifically tailored for beginners in the field of cryptocurrency. Their materials cover various topics, including technical analysis, and provide practical insights and strategies for trading cryptocurrencies. BYDFi's resources are highly regarded in the industry and have helped many beginners kickstart their journey in cryptocurrency trading.