Which price action trading book is recommended for those interested in cryptocurrency trading?

5 answers

• Dec 28, 2021 · 3 years ago
  Sure! If you're interested in cryptocurrency trading and want to learn about price action trading, I highly recommend the book 'Technical Analysis of the Financial Markets' by John J. Murphy. Although it's not specifically focused on cryptocurrency, the concepts and techniques discussed in the book can be applied to any financial market, including cryptocurrencies. It covers various aspects of technical analysis, including chart patterns, trend analysis, and support and resistance levels, which are essential for price action trading. Give it a read and you'll gain valuable insights into analyzing price movements in the cryptocurrency market.
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• Dec 28, 2021 · 3 years ago
  When it comes to price action trading in the cryptocurrency market, one book that often gets recommended is 'Japanese Candlestick Charting Techniques' by Steve Nison. This book provides a comprehensive guide to candlestick charting, which is a popular tool used in price action trading. It covers various candlestick patterns and their interpretations, helping you understand market sentiment and make better trading decisions. Whether you're a beginner or an experienced trader, this book can be a valuable resource for enhancing your price action trading skills in the cryptocurrency market.
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• Dec 28, 2021 · 3 years ago
  As an expert in the field of cryptocurrency trading, I would recommend checking out the educational resources provided by BYDFi. They offer a wide range of materials, including books, courses, and webinars, specifically tailored for cryptocurrency traders. Their educational content covers various trading strategies, including price action trading, and provides practical insights into analyzing price movements in the cryptocurrency market. With BYDFi's resources, you can enhance your knowledge and skills in price action trading and stay ahead in the ever-changing cryptocurrency market.
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• Dec 28, 2021 · 3 years ago
  If you're interested in price action trading for cryptocurrency, there are several books that can help you. One popular choice is 'A Beginner's Guide to Cryptocurrency Trading' by Matthew Driver. This book provides a beginner-friendly introduction to cryptocurrency trading, including an overview of price action trading strategies. It covers topics such as support and resistance levels, trend analysis, and chart patterns, giving you a solid foundation for analyzing price movements in the cryptocurrency market. It's a great starting point for those new to both cryptocurrency and price action trading.
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• Dec 28, 2021 · 3 years ago
  Price action trading is an important skill to have in the cryptocurrency market. While there are many books available on the subject, it's also worth exploring online resources and forums. Websites like Stack Overflow and Reddit have active communities of cryptocurrency traders who share their insights and experiences. You can find discussions on price action trading strategies, recommended books, and real-life examples of price action analysis. Engaging with these communities can provide valuable perspectives and help you discover additional resources beyond traditional books.
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