What are the best technical and graphical analysis books for cryptocurrency trading?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! One highly recommended book for technical analysis in cryptocurrency trading is 'Technical Analysis of the Financial Markets' by John J. Murphy. It covers a wide range of technical indicators and their application in different markets, including cryptocurrencies. Another great book is 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo. It provides a comprehensive introduction to technical analysis specifically for cryptocurrency traders and investors. Both books are highly regarded in the crypto community and offer valuable insights for traders at all levels. 📚🚀
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• Dec 17, 2021 · 3 years ago
  When it comes to graphical analysis in cryptocurrency trading, 'Japanese Candlestick Charting Techniques' by Steve Nison is a must-read. This book introduces the concept of candlestick charts and teaches you how to interpret different candlestick patterns to predict price movements. 'Technical Analysis Using Multiple Timeframes' by Brian Shannon is another excellent resource that explains how to analyze charts using different timeframes to gain a deeper understanding of market trends. These books will equip you with the necessary skills to analyze cryptocurrency charts effectively and make more informed trading decisions. 📈💰
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we believe that a combination of technical and graphical analysis is crucial for successful cryptocurrency trading. While books can provide a solid foundation, it's also important to stay updated with the latest market trends and indicators. Joining online communities, attending webinars, and following reputable cryptocurrency influencers can help you stay ahead of the curve. Remember, practice makes perfect, so don't forget to apply what you learn from books and continuously refine your trading strategies. Happy trading! 📚💻
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