To perform technical analysis of cryptocurrencies on the Binance platform, beginners can follow these steps:

Understanding the chart on the Binance platform

- The chart: based on candlesticks, where each candlestick represents a certain time period and shows the opening, closing, high, and low prices.

- Timeframes: You can change the timeframe of the candles, such as minutes, hours, or days, to analyze trends in the short or long term.

Technical analysis tools

- Oscillator indicators: such as the MACD (Moving Average Convergence Divergence) and the RSI (Relative Strength Index).

- Trend indicators: such as simple moving averages and exponential moving averages.

- Support and resistance lines: to identify potential support and resistance levels.

Using trading orders

- Market order: to execute trades at the current market price.

- Limit order: to place buy or sell orders at a specified price.

- Stop-loss order: to set a selling or buying price in case of an unexpected drop or rise.

Advanced technical analyses

- Pattern analysis: such as the head and shoulders pattern and the triangle pattern.

- Trend analysis: to identify upward or downward trends.

- Liquidity analysis: to measure trading volume and market activity.