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What is the most recommended book on candlestick patterns for cryptocurrency traders?

avatarupender bandariDec 17, 2021 · 3 years ago3 answers

I am looking for a book that provides comprehensive information on candlestick patterns specifically for cryptocurrency traders. Can anyone recommend the best book in this area? I want a book that covers both the basic and advanced candlestick patterns, with practical examples and strategies for trading cryptocurrencies. It would be great if the book also includes insights on how to interpret candlestick patterns in the context of the volatile cryptocurrency market. Any suggestions?

What is the most recommended book on candlestick patterns for cryptocurrency traders?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One highly recommended book on candlestick patterns for cryptocurrency traders is 'Japanese Candlestick Charting Techniques' by Steve Nison. This book is considered the bible of candlestick charting and provides a comprehensive guide to understanding and utilizing candlestick patterns in trading. It covers both basic and advanced patterns, and includes real-world examples and case studies. The author also shares his insights on how to apply candlestick patterns specifically to the cryptocurrency market. Overall, it's a must-read for any cryptocurrency trader looking to improve their technical analysis skills.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to candlestick patterns for cryptocurrency traders, 'The Crypto Trader' by Glen Goodman is often recommended. This book not only covers candlestick patterns but also provides a broader perspective on trading cryptocurrencies. It includes practical advice, trading strategies, and insights from the author's own experience as a cryptocurrency trader. While it may not focus solely on candlestick patterns, it offers valuable insights for traders looking to navigate the cryptocurrency market.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends 'Mastering Candlestick Charts: A Beginner's Guide to Candlestick Trading' by Ben Williams. This book is designed for beginners and provides a solid foundation in understanding candlestick patterns. It covers the basic patterns and explains how to interpret them in the context of cryptocurrency trading. The book also includes practical tips and strategies for using candlestick patterns effectively. Whether you're new to trading or looking to enhance your candlestick analysis skills, this book is a great starting point.