What are some popular technical analysis books that can help in making informed trading decisions in the cryptocurrency market?
BfaridaDec 19, 2021 · 3 years ago3 answers
Can you recommend some popular technical analysis books that are specifically focused on the cryptocurrency market? I'm looking for books that can provide insights and strategies to make informed trading decisions.
3 answers
- Dec 19, 2021 · 3 years agoSure! One popular technical analysis book that is highly recommended in the cryptocurrency community is 'Technical Analysis of the Financial Markets' by John J. Murphy. This book covers various technical analysis tools and techniques that can be applied to the cryptocurrency market. It provides a comprehensive understanding of chart patterns, indicators, and oscillators, which can help traders make informed decisions. It's a great resource for both beginners and experienced traders.
- Dec 19, 2021 · 3 years agoIf you're looking for a more practical guide, 'Crypto Trading 101: Buy Sell Trade Cryptocurrency for Profit' by Alan T. Norman is a popular choice. This book focuses on applying technical analysis specifically to the cryptocurrency market. It covers topics like trend analysis, support and resistance levels, and candlestick patterns. The author also shares his personal strategies and tips for successful trading. It's a beginner-friendly book that can help you navigate the complexities of cryptocurrency trading.
- Dec 19, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, recommends 'Mastering Bitcoin' by Andreas M. Antonopoulos. Although not solely focused on technical analysis, this book provides a comprehensive understanding of Bitcoin and the underlying technology. It covers topics like blockchain, mining, and security, which are crucial for making informed trading decisions. Understanding the fundamentals can greatly enhance your technical analysis skills. This book is highly regarded by the cryptocurrency community and is a must-read for anyone interested in the market.
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