common-close-0
BYDFi
Trade wherever you are!

Can you recommend any books on technical analysis for crypto trading?

avatarFriis MichaelsenDec 30, 2021 · 3 years ago4 answers

I'm looking for some recommendations on books that cover technical analysis specifically for crypto trading. Can you suggest any books that provide in-depth insights into analyzing cryptocurrency price charts and indicators?

Can you recommend any books on technical analysis for crypto trading?

4 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! One book that I highly recommend is "Technical Analysis of the Financial Markets" by John J. Murphy. It's a comprehensive guide that covers all the essential concepts of technical analysis, including chart patterns, indicators, and oscillators. Although it's not specifically focused on crypto trading, the principles and techniques discussed in the book can be applied to analyzing cryptocurrency charts as well. It's a must-read for anyone interested in mastering technical analysis.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! If you're specifically interested in technical analysis for crypto trading, I would suggest checking out "Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond" by Chris Burniske and Jack Tatar. This book provides a great introduction to the world of cryptocurrencies and explores various strategies for analyzing crypto markets. It covers topics like market cycles, trend analysis, and risk management. It's a valuable resource for both beginners and experienced traders.
  • avatarDec 30, 2021 · 3 years ago
    Definitely! One book that I can recommend is "Mastering Bitcoin" by Andreas M. Antonopoulos. Although it's not solely focused on technical analysis, it provides a deep understanding of the underlying technology behind Bitcoin and other cryptocurrencies. Understanding the technology is crucial for making informed trading decisions. Additionally, the book covers topics like blockchain analysis and security, which are essential for evaluating the potential of different cryptocurrencies.
  • avatarDec 30, 2021 · 3 years ago
    Oh, I've got the perfect recommendation for you! Have you heard of "Trading Cryptocurrencies: A Beginner's Guide" by Clem Chambers? This book is written in a very accessible and easy-to-understand language, making it perfect for beginners who want to learn about technical analysis in the context of crypto trading. It covers topics like support and resistance levels, moving averages, and various chart patterns. It's a great starting point for anyone new to the world of crypto trading.