common-close-0
BYDFi
Trade wherever you are!

What are the best books on price action strategies for cryptocurrency trading?

avatarTomas CasildoDec 26, 2021 · 3 years ago3 answers

I'm looking for recommendations on the best books that cover price action strategies specifically for cryptocurrency trading. Can anyone suggest some highly regarded books that provide valuable insights and practical tips on analyzing price movements and making informed trading decisions in the cryptocurrency market?

What are the best books on price action strategies for cryptocurrency trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One highly recommended book on price action strategies for cryptocurrency trading is 'Technical Analysis of the Financial Markets' by John J. Murphy. This comprehensive guide covers various technical analysis tools and techniques, including price patterns, trendlines, and indicators, and explains how to apply them to cryptocurrency trading. It's a must-read for traders who want to enhance their understanding of price action and improve their trading skills in the crypto market.
  • avatarDec 26, 2021 · 3 years ago
    If you prefer a more practical approach, 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo is a great choice. This book not only covers price action strategies but also provides insights into fundamental analysis, risk management, and trading psychology. It's suitable for beginners who want to start trading cryptocurrencies and learn about different trading strategies.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we believe that 'Mastering Bitcoin' by Andreas M. Antonopoulos is an excellent resource for understanding the fundamentals of cryptocurrencies and blockchain technology. While it doesn't focus solely on price action strategies, it provides a solid foundation for anyone interested in cryptocurrency trading. Understanding the underlying technology is crucial for making informed trading decisions, and this book offers a comprehensive overview of the subject.