common-close-0
BYDFi
Trade wherever you are!

Which technical analysis books are recommended for cryptocurrency traders?

avatarVitoDec 18, 2021 · 3 years ago3 answers

I'm looking for some recommendations on technical analysis books specifically tailored for cryptocurrency traders. Can anyone suggest some good books that cover the technical analysis techniques and strategies relevant to the cryptocurrency market?

Which technical analysis books are recommended for cryptocurrency traders?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One highly recommended book for cryptocurrency traders is 'Technical Analysis of the Financial Markets' by John J. Murphy. It covers a wide range of technical analysis tools and concepts that can be applied to the cryptocurrency market. It's a comprehensive guide that explains various chart patterns, indicators, and oscillators, and how to use them effectively in trading cryptocurrencies. It's a must-read for anyone interested in technical analysis and cryptocurrency trading.
  • avatarDec 18, 2021 · 3 years ago
    I would recommend 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo. This book not only covers technical analysis but also provides insights into fundamental analysis and risk management in the cryptocurrency market. It's a great resource for beginners who want to understand the basics of trading cryptocurrencies and develop a solid foundation in technical analysis.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, we often recommend 'Mastering Bitcoin' by Andreas M. Antonopoulos. Although it's not solely focused on technical analysis, it provides a comprehensive understanding of Bitcoin and blockchain technology. Understanding the underlying technology is crucial for making informed trading decisions in the cryptocurrency market. Additionally, the book covers some technical analysis concepts and strategies specific to Bitcoin trading.