Which candle pattern book is recommended for beginners in the cryptocurrency trading industry?
Aung Kyaw SoeDec 25, 2021 · 3 years ago3 answers
I am new to the cryptocurrency trading industry and I want to learn more about candle patterns. Can you recommend a book that is suitable for beginners like me? I am looking for a comprehensive guide that explains different candle patterns and their significance in cryptocurrency trading. It would be great if the book also includes practical examples and tips on how to identify and interpret candle patterns in real-time trading scenarios. Please suggest a candle pattern book that is beginner-friendly and provides valuable insights for cryptocurrency traders.
3 answers
- Dec 25, 2021 · 3 years agoAs a cryptocurrency trading expert, I highly recommend the book 'Japanese Candlestick Charting Techniques' by Steve Nison. This book is considered a classic in the field and provides a comprehensive introduction to candlestick charting. It covers various candle patterns and their interpretations, along with practical examples and case studies. It is a great resource for beginners to understand the significance of candle patterns in cryptocurrency trading.
- Dec 25, 2021 · 3 years agoIf you're looking for a more beginner-friendly option, 'Candlestick Charting For Dummies' by Russell Rhoads is a great choice. This book explains candlestick charting in a simple and easy-to-understand language, making it ideal for beginners. It covers the basics of candle patterns and provides practical tips on how to use them in cryptocurrency trading. It's a great starting point for anyone new to candlestick charting.
- Dec 25, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, recommends the book 'Technical Analysis of the Financial Markets' by John J. Murphy. Although this book covers a wide range of technical analysis concepts, it includes a detailed section on candlestick patterns. It provides in-depth explanations of various candle patterns and their applications in different market scenarios. This book is highly recommended for beginners who want to gain a deeper understanding of candle patterns and their role in cryptocurrency trading.
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