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What are the best books on price action trading in the cryptocurrency market?

avatarAhmed ShomanDec 26, 2021 · 3 years ago3 answers

I am looking for recommendations on the top books that cover price action trading specifically in the cryptocurrency market. I want to learn more about analyzing price charts, identifying patterns, and making trading decisions based on price movements. Can anyone suggest some highly regarded books on this topic?

What are the best books on price action trading in the cryptocurrency market?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One highly recommended book on price action trading in the cryptocurrency market is "Technical Analysis of the Financial Markets" by John J. Murphy. This book provides a comprehensive overview of technical analysis techniques and covers various aspects of price action trading, including chart patterns, trend analysis, and support and resistance levels. It is a great resource for both beginners and experienced traders looking to enhance their trading skills in the cryptocurrency market.
  • avatarDec 26, 2021 · 3 years ago
    In my opinion, the best book on price action trading in the cryptocurrency market is "Japanese Candlestick Charting Techniques" by Steve Nison. This book focuses specifically on candlestick chart patterns and teaches you how to interpret them to make trading decisions. It covers a wide range of candlestick patterns and provides real-life examples from the cryptocurrency market. If you want to improve your understanding of price action trading, this book is a must-read.
  • avatarDec 26, 2021 · 3 years ago
    I've heard good things about the book "Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets" by Laurentiu Damir. This book offers a unique perspective on price action trading and provides practical strategies that can be applied in the cryptocurrency market. It covers topics such as trend analysis, support and resistance levels, and risk management. Many traders have found this book to be a valuable resource for improving their trading skills.