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What are the top-rated books for understanding the technical analysis of cryptocurrencies?

avatarAMANDec 28, 2021 · 3 years ago6 answers

Can you recommend some highly-rated books that can help me understand the technical analysis of cryptocurrencies? I'm looking for resources that cover topics such as chart patterns, indicators, and other technical analysis tools specifically applied to cryptocurrencies. I want to gain a deeper understanding of how to analyze cryptocurrency price movements and make informed trading decisions based on technical analysis. Please provide some book recommendations that are considered top-rated in this field.

What are the top-rated books for understanding the technical analysis of cryptocurrencies?

6 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! One highly recommended book for understanding the technical analysis of cryptocurrencies is 'Technical Analysis of the Financial Markets' by John J. Murphy. This book covers the basics of technical analysis and provides insights into how to apply technical analysis principles to cryptocurrency trading. It's a comprehensive guide that covers various chart patterns, indicators, and other technical analysis tools. Whether you're a beginner or an experienced trader, this book can help you enhance your technical analysis skills in the cryptocurrency market.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for a more specialized book that focuses specifically on technical analysis for cryptocurrencies, '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 the basics of technical analysis but also provides practical strategies for trading cryptocurrencies. It's written in a beginner-friendly manner and includes real-world examples to help you understand how to apply technical analysis to cryptocurrency trading.
  • avatarDec 28, 2021 · 3 years ago
    I've heard great things about the book 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos. Although it's not solely focused on technical analysis, it provides a comprehensive understanding of Bitcoin and cryptocurrencies in general. Understanding the underlying technology and principles of cryptocurrencies can greatly enhance your ability to analyze their price movements. This book covers topics such as blockchain, mining, and security, which are essential for any cryptocurrency trader.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I highly recommend 'Technical Analysis Explained: The Successful Investor's Guide to Spotting Investment Trends and Turning Points' by Martin J. Pring. Although it's not specifically focused on cryptocurrencies, the principles and techniques discussed in this book are applicable to any financial market, including cryptocurrencies. It covers a wide range of technical analysis tools and provides practical examples to help you understand how to apply them effectively.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to technical analysis of cryptocurrencies, one book that stands out is 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar. This book not only covers technical analysis but also delves into the fundamentals of different cryptocurrencies and their potential as investment assets. It provides a holistic approach to understanding cryptocurrencies and can be a valuable resource for both technical analysis and fundamental analysis enthusiasts.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, recommends the book 'Trading Cryptocurrencies: A Beginner's Guide - Bitcoin, Ethereum, Litecoin' by Clem Chambers. This book offers a beginner-friendly introduction to trading cryptocurrencies and covers the basics of technical analysis. It provides practical tips and strategies for analyzing cryptocurrency price charts and making informed trading decisions. Whether you're new to trading or looking to enhance your technical analysis skills, this book can be a helpful resource.