Book Image

Zero to Hero in Cryptocurrency Trading

By : Bogdan Vaida
Book Image

Zero to Hero in Cryptocurrency Trading

By: Bogdan Vaida

Overview of this book

In today's fast-paced digital age, cryptocurrencies have emerged as a revolutionary financial asset class, capturing the attention of investors and traders worldwide. However, navigating the world of cryptocurrency trading can be overwhelming for beginners. Zero to Hero in Cryptocurrency Trading acts as a guiding light to navigate this complex realm. This comprehensive guide to cryptocurrency trading empowers you to go from a novice trader to a proficient investor by helping you implement your own trading strategy. As you progress, you’ll gain structured trading knowledge through hands-on examples and real-time scenarios, bolstered by trading psychology and money management techniques. You’ll be able to automate your manual trades with an algorithm that works even while you sleep. You’ll also benefit from interactive teaching methods, including screenshots, charts, and drawings to help decode market operations and craft your unique edge in the dynamic crypto world. As an added bonus, you’ll receive ready-to-use templates to identify useful indicators, test your strategy, and even maintain a trading journal. By the end of this book, you’ll be well-equipped to trade cryptocurrencies and automate manual trading to give you an edge in the markets.
Table of Contents (13 chapters)
9
Chapter 9: What’s Next?

Technical Analysis – Candles and Patterns

In this chapter, you’ll lay the foundation for your career in trading. We’ll begin by introducing you to one of the most effective charting tools available: TradingView. With this tool, you’ll be able to see on your screen what I like to call the “story of the price.” Next, we’ll delve into candlestick patterns, which will help you understand the emotions driving small price movements. After that, we’ll cover chart patterns for stronger and longer-lasting movements. Finally, we’ll explore support and resistance areas and the laws that govern them. All of this will provide you with a solid understanding of the fundamentals you need to succeed in your training career.

My goal for this chapter is for you to understand how to view the story and the emotions battling behind a price movement.

Here are the topics that we’ll be covering:

  • TradingView
  • Market patterns...