Technical analysis (TA) is a way to predict the movement of cryptocurrency prices using charts, indicators, and market behavior.
🔹 What does TA study?
* Price
* Trading volumes
* Chart patterns
* The psychology of traders (for example, fear or greed)
🔹 Main tools:
*Candlestick charts** — show where the price has moved (up or down).
*Support and resistance levels** — zones where the price stops or bounces.
*Trends** — the direction in which the price is moving (up, down, or sideways).
*Indicators** (RSI, MACD, MA, etc.) — help to see price overshoot, momentum, or trend change.
🔹 Why is this needed?
This helps:
* It's better to choose the right moment to enter/exit a trade
* Reduce risks
* Do not buy "at the peak" and do not sell "at the bottom"
🔹 Conclusion:
Technical analysis is a tool that does not provide 100% guarantees but helps make informed decisions.
Want to get started? Study basic charts, observe trends — and don't rush to invest large sums.
