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What is the best chart pattern book for cryptocurrency trading?

avatarAntonio Domínguez RosalesDec 16, 2021 · 3 years ago3 answers

I'm looking for a chart pattern book specifically tailored for cryptocurrency trading. Can anyone recommend the best book that covers chart patterns and their application in the cryptocurrency market? I want to improve my trading skills and make more informed decisions based on technical analysis. Any suggestions?

What is the best chart pattern book for cryptocurrency trading?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    As a cryptocurrency trader, I highly recommend the book "Technical Analysis of the Financial Markets" by John J. Murphy. It is a comprehensive guide that covers various chart patterns and their significance in different markets, including cryptocurrencies. The book provides practical insights and real-life examples to help traders identify profitable trading opportunities. It's a must-read for anyone serious about mastering chart patterns in cryptocurrency trading.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for a more beginner-friendly option, I suggest checking out "Charting and Technical Analysis" by Fred McAllen. This book explains chart patterns in a simple and easy-to-understand language, making it suitable for traders who are new to the cryptocurrency market. It covers the basics of technical analysis and provides practical tips for identifying chart patterns and making profitable trades. Give it a try!
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a wide range of educational resources for traders, including chart pattern books. Their recommended book for chart patterns in cryptocurrency trading is "Chart Patterns: After the Buy" by Thomas N. Bulkowski. This book focuses on post-purchase chart analysis and provides valuable insights into the behavior of chart patterns after they have been identified. It's a great resource for traders looking to enhance their trading strategies and improve their profitability.