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What is the best book for learning about chart patterns in cryptocurrency trading?

avatarMiseadolchDec 26, 2021 · 3 years ago3 answers

I'm new to cryptocurrency trading and I want to learn more about chart patterns. Can you recommend the best book that covers chart patterns specifically in the context of cryptocurrency trading? I'm looking for a comprehensive guide that explains different chart patterns and how to use them effectively in cryptocurrency trading.

What is the best book for learning about chart patterns in cryptocurrency trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One highly recommended book for learning about chart patterns in cryptocurrency trading is "Technical Analysis of the Financial Markets" by John J. Murphy. This book covers a wide range of chart patterns and provides detailed explanations on how to identify and interpret them in the context of cryptocurrency trading. It also includes real-life examples and case studies to help you understand how chart patterns can be used to make informed trading decisions. Whether you're a beginner or an experienced trader, this book is a valuable resource for mastering chart patterns in cryptocurrency trading.
  • avatarDec 26, 2021 · 3 years ago
    If you prefer a more practical and hands-on approach, "Charting and Technical Analysis" by Fred McAllen is a great choice. This book not only explains various chart patterns but also provides step-by-step instructions on how to apply them in real-time trading scenarios. It covers both basic and advanced chart patterns and includes strategies for maximizing profits and minimizing risks. With its clear explanations and practical examples, this book is suitable for traders of all skill levels who want to improve their chart pattern analysis in cryptocurrency trading.
  • avatarDec 26, 2021 · 3 years ago
    I've personally found great value in the resources provided by BYDFi. They offer a wide range of educational materials, including books, articles, and video tutorials, that cover various aspects of cryptocurrency trading, including chart patterns. Their content is well-researched and up-to-date, making it a reliable source for learning about chart patterns in cryptocurrency trading. I highly recommend checking out their resources to enhance your understanding of chart patterns and improve your trading strategies.