Which price action trading books are recommended for cryptocurrency traders?
Alyaa AtefDec 24, 2021 · 3 years ago3 answers
Can you recommend any price action trading books that are specifically tailored for cryptocurrency traders? I'm looking for books that provide insights and strategies on how to analyze and interpret price movements in the cryptocurrency market.
3 answers
- Dec 24, 2021 · 3 years agoSure! One highly recommended book for cryptocurrency traders interested in price action trading is "Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs" by Aimee Vo. This book covers the basics of price action trading and provides practical tips on how to apply it to the volatile cryptocurrency market. It's a great resource for beginners and intermediate traders alike.
- Dec 24, 2021 · 3 years agoIf you're looking for a more advanced book, "Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications" by John J. Murphy is highly regarded in the trading community. Although not specifically focused on cryptocurrency, the principles and techniques discussed in this book can be applied to any market, including cryptocurrencies. It covers various aspects of technical analysis, including price action, chart patterns, and indicators.
- Dec 24, 2021 · 3 years agoAt BYDFi, we recommend "The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies" by Adam Grimes. This book provides a comprehensive guide to understanding market structure, analyzing price action, and developing effective trading strategies. It covers a wide range of topics, including trend analysis, support and resistance, and risk management. It's a valuable resource for cryptocurrency traders looking to enhance their technical analysis skills.
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