Alejandra Aguilar
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📊 How to Make Your First Simple Technical Analysis
You don't need to be an expert to understand a chart. Here I explain how to perform your first technical analysis with simple and effective steps.
🔸 1. Identify the trend
Is the price going up, down, or sideways? Use lines to mark highs and lows.
🔸 2. Find support and resistance
Draw lines where the price bounces multiple times. That gives you clues about where to buy or sell.
🔸 3. Observe the candlesticks
Learn to read the shapes: hammers, engulfing, dojis. They are signals of change or continuation.
🔸 4. Use basic indicators
The RSI and moving averages (MA) are ideal for beginners. They help you see overbought conditions, moving supports, or trend changes.
🔸 5. Use free tools
TradingView and CoinMarketCap have easy-to-use charts. Set alerts and practice with different coins.
✅ Extra tip
Don't trade just based on emotion. Analyze first, and then decide. If the analysis is unclear, don't enter. The best trade is the one you avoid when in doubt.
#AnalisisTecnico #tradingcrypto #EducaciónCripto o #BinanceTipsAndTricks #CryptoTools
You don't need to be an expert to understand a chart. Here I explain how to perform your first technical analysis with simple and effective steps.
🔸 1. Identify the trend
Is the price going up, down, or sideways? Use lines to mark highs and lows.
🔸 2. Find support and resistance
Draw lines where the price bounces multiple times. That gives you clues about where to buy or sell.
🔸 3. Observe the candlesticks
Learn to read the shapes: hammers, engulfing, dojis. They are signals of change or continuation.
🔸 4. Use basic indicators
The RSI and moving averages (MA) are ideal for beginners. They help you see overbought conditions, moving supports, or trend changes.
🔸 5. Use free tools
TradingView and CoinMarketCap have easy-to-use charts. Set alerts and practice with different coins.
✅ Extra tip
Don't trade just based on emotion. Analyze first, and then decide. If the analysis is unclear, don't enter. The best trade is the one you avoid when in doubt.
#AnalisisTecnico #tradingcrypto #EducaciónCripto o #BinanceTipsAndTricks #CryptoTools
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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