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What are the top-rated candlestick books for analyzing cryptocurrency charts?

avatarKarsh SoniNov 26, 2021 · 3 years ago3 answers

Can you recommend some highly-rated books that focus on candlestick analysis for cryptocurrency charts? I'm looking for books that provide in-depth explanations and practical examples to help me improve my understanding of candlestick patterns and their application in analyzing cryptocurrency charts.

What are the top-rated candlestick books for analyzing cryptocurrency charts?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Sure! One highly-rated book that I recommend is "Japanese Candlestick Charting Techniques" by Steve Nison. This book is considered a classic in the field and provides a comprehensive guide to understanding and applying candlestick patterns in technical analysis. It covers various candlestick patterns and their interpretations, along with real-world examples. Another popular choice is "The Candlestick Trading Bible" by Munehisa Homma. This book delves deep into the history and philosophy behind candlestick charting and provides practical strategies for trading based on candlestick patterns. Both of these books are highly regarded by traders and investors in the cryptocurrency space.
  • avatarNov 26, 2021 · 3 years ago
    When it comes to candlestick analysis for cryptocurrency charts, one book that stands out is "Candlestick Charting Explained" by Gregory L. Morris. This book covers the basics of candlestick charting and provides a solid foundation for understanding and interpreting candlestick patterns. It also includes practical tips and strategies for applying candlestick analysis in cryptocurrency trading. Another book worth mentioning is "The Complete Guide to Technical Analysis for Cryptocurrency Trading" by Alan T. Norman. While not solely focused on candlestick analysis, this book provides a comprehensive overview of technical analysis tools, including candlestick patterns, and their application in cryptocurrency trading. It's a great resource for beginners and experienced traders alike.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends "Technical Analysis of the Financial Markets" by John J. Murphy as one of the top-rated books for analyzing cryptocurrency charts using candlestick patterns. This book covers a wide range of technical analysis techniques, including candlestick patterns, and provides practical insights into their application in cryptocurrency trading. It's a comprehensive guide that is highly regarded by traders and investors in the cryptocurrency community. Whether you're a beginner or an experienced trader, this book can help you enhance your understanding of candlestick analysis and improve your trading strategies.