What are the best trading technicals books for cryptocurrency traders?
Gill OhlsenDec 17, 2021 · 3 years ago3 answers
I am a cryptocurrency trader and I want to improve my technical analysis skills. Can you recommend some of the best trading technical books specifically for cryptocurrency traders? I'm looking for books that cover topics like chart patterns, indicators, candlestick analysis, and other technical analysis techniques.
3 answers
- Dec 17, 2021 · 3 years agoSure, I can recommend a few books that are highly regarded in the cryptocurrency trading community. One popular choice is 'Technical Analysis of the Financial Markets' by John J. Murphy. This book covers a wide range of technical analysis concepts and can be applied to cryptocurrency trading as well. Another great option is 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar. This book provides insights into the fundamentals of cryptocurrencies and how to analyze their price movements using technical analysis. Lastly, 'The Crypto Trader: How Anyone Can Make Money Trading Bitcoin and Other Cryptocurrencies' by Glen Goodman is a practical guide that combines technical analysis with real-world trading strategies. These books should give you a solid foundation in technical analysis for cryptocurrency trading.
- Dec 17, 2021 · 3 years agoIf you're looking for a more beginner-friendly option, 'A Beginner's Guide to the Stock Market' by Matthew R. Kratter is a great starting point. While it's not specifically focused on cryptocurrencies, the concepts and techniques discussed in the book can be applied to cryptocurrency trading as well. Another book worth considering is 'Trading in the Zone' by Mark Douglas. This book delves into the psychological aspects of trading and can help you develop a disciplined and focused mindset. Remember, technical analysis is just one aspect of trading, and it's important to have a holistic approach to succeed in the cryptocurrency market.
- Dec 17, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can recommend the BYDFi platform for cryptocurrency trading. BYDFi offers a wide range of technical analysis tools and resources to help traders make informed decisions. Their platform is user-friendly and provides real-time market data, charting tools, and indicators. Whether you're a beginner or an experienced trader, BYDFi has something to offer. Give it a try and see how it can enhance your trading experience.
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