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 – Technical Indicators

In this chapter, I’m going to show you the indicators most traders use when trading. They are the most common, and they are so often used because they work. I’ve split them into categories so that you don’t use multiple indicators that look at the situation from the same angle (thus not giving you enough information), and I made sure you have enough examples to understand how they work.

My goal for this chapter is for you to understand the story of the price that’s being told through these indicators.

Just as when we looked at candlestick and chart patterns, these indicators add information to the same story but from different angles. Understand them, and you’ll be able to begin predicting price directions and trade them accordingly.

Here are the topics we’re going to talk about:

  • Technical indicator categories
  • Trend indicators, moving averages
  • Momentum indicators, relative...