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Chart Logic - Technical Analysis Handbook (Color Edition): The Comprehensive Guide to Trading Cryptocurrencies and Tools to Outperform Your Basic Buy and Hold Investor

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The A-Z Guide to Trading Chart Logic is the comprehensive guide for anyone wishing to learn to trade cryptocurrencies and offers experienced traders a go-to technical analysis refresher with unique insights. The handbook covers core concepts of cryptocurrencies and walks traders through wallets, exchanges, and trade procedure; trader terminology and technical analysis techniques; and extensive strategies and theory. Together, the procedure, technical skill-building, and essential trade strategies create the holy trinity necessary trade cryptocurrency markets with confidence and discipline. Best of all, it’s written simply and eloquently so anyone can learn to trade!
Taken from five years of successful trading, the author, a lawyer turned crypto-fanatic, teaches crypto-centric interpretations of classical technical analysis and offers useful insights into the highly volatile cryptocurrency markets. R.S. Varnes leverages his pragmatism and strategic thinking from his legal background to profitably trade cryptocurrencies and teaches in a manner suitable for all readers. Traders will learn a structured and evidence-based trade approach, and this handbook emphasizes techniques to profit under all market conditions maximizing both long-term and short-term gains. All examples are carefully cherry-picked from the cryptocurrency markets and many reflect real trades and applications.
Notably, Chart Logic also offers the first chart pattern performance statistics specific to the cryptocurrency markets (both for Bitcoin and USD traded pairs), and the handbook is peppered with data-driven insights. All top 100 cryptocurrencies were examined and nearly 400 charts and 1,800 patterns were sourced for analysis. While, in the spirit of transparency and knowledge sharing, all charts and some of the findings are public for all traders to see at Chartlogic.io, handbook readers get exclusive additional statistics, insights, analysis, and detailed finding summaries for each pattern.
Readers can go from never having used a cryptocurrency or seen a technical chart before to actively trading, mastering chart construction, and building confidence in essential technical analysis techniques. The technical methodology includes fluency in fundamental candlestick formations, chart patterns, trend lines, momentum gauges and divergences, and more. Furthermore, Chart Logic includes strategies and theory covering risk management, tactics for trading different types of cryptocurrencies, Bitcoin’s impact on altcoins, avoiding gamblers’ mentality, dealing with losses, and other useful insights every crypto trader can appreciate.
About the
R.S. Varnes holds a Juris Doctor and Master of Arts from the American University in Washington, DC. In 2016, he passed the esteemed California Bar Examination and was admitted to practice law; however, in 2020, he chose to switch from active attorney status to voluntary inactive status. R.S. has been mining and profitably trading cryptocurrencies since 2015. What started as a law school hobby turned into a passion and full-time career. He credits his success in the cryptocurrency markets to his methodical trade approach formed from the groundwork of his legal training. As you will see, he takes an evidence-based approach using multiple indicators to corroborate or dispel trade theories.

195 pages, Paperback

Published July 22, 2020

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Displaying 1 - 6 of 6 reviews
Profile Image for Catholic.
53 reviews
December 21, 2023
"Chart Logic" by R.S. Varnes J.D. is a comprehensive resource focusing on the statistical performance of commonly occurring chart patterns in the cryptocurrency markets. The book aims to provide readers with a thorough understanding of the theory and strategies applicable across various market conditions. It advocates an evidence-based approach to trading, emphasizing the importance of studying and applying logical strategies for effective trading decisions.

While "Chart Logic" offers a good primer on technical analysis for reading crypto charts, I found it somewhat wordy and technical for my preference. The example charts included were not particularly clear or easy to read, which detracted from the overall learning experience. Despite providing a solid foundation, the book requires readers to engage in further research and seek more simplified explanations to fully grasp the chart patterns presented. I plan to revisit the text once I have developed a more refined understanding of the subject matter. However, the book's depth and detailed approach make it a valuable resource for those seeking a comprehensive understanding of technical analysis in cryptocurrency trading.
30 reviews7 followers
April 17, 2021
Perfect introduction to TA for crypto

Clear, concise and a great manual for trading crypto through the study of charts. Only negative is the illustrations are poor and hard to read or see
Profile Image for Eric.
693 reviews9 followers
January 17, 2021
Since I'm new at crypto trading, I will have to go back and reread this again. It's a good book.
Profile Image for Justin.
199 reviews44 followers
December 4, 2021
Good book helped me with Swing Trading and just Investing in general
Displaying 1 - 6 of 6 reviews

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