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Technical analysis (TA) in crypto can simply be explained as the practice of predicting future price movements of cryptocurrencies by studying past candlesticks. Key Ideas in Crypto Technical Analysis 📊 Price Charts Uses tools like candlestick charts to see how price has moved over time, each candle shows open, high, low, and close prices for a specific time frame. 📊 Support and Resistance Support: a price level where buying pressure is strong enough to prevent further drops. Resistance: a price level where selling pressure often stops further gains. 📊 Indicators & Tools Moving Averages (MA): Show average prices over time to spot trends. Relative Strength Index (RSI): Shows if an asset is overbought or oversold. MACD: Tracks momentum changes. Volume Analysis: Measures trading activity to confirm trends. 📊 Chart Patterns Traders look for shapes like head and shoulders, triangles, or flags, which often signal trend reversals or continuations.

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Technical analysis is good, but you see certain coins like $BNB - $BTC - $XRP , you will have a better advantage using fundamental analysis on them, fundamental analysis will put you ten steps ahead of people depending on only technical analysis. One of the best trades we took is on #BNB The day Cz Binance was to be sentenced, we opened our short position on #BNB super early, called a few friends and together we shorted BNB and made good money. Fundamental analysis will teach you that you do not have to believe everything you see on the charts.

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When you place your trade, allow it to hit your take profit or stop loss, stop rushing to close your trades when you see small profits, doing this will only put you in a position when you never trust your analysis. If you do your technical analysis on $XRP and according to your analysis, XRP will hit $5, open your trade and let it hit your take profits or stop loss. If you keep closing your trades without it hitting your stop loss or take profit, you will only be gambling with your money and you wont experience growth.

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If you have $200,000(+) and you are trying to invest or build a solid portfolio in crypto, then, you have no business investing into meme coins like $CHILLGUY OR $PNUT Focus more on coins like $XRP , practice DCA and grab as much as you can, investing in #XRP is not as volatile as investing into meme coins. We strongly believe that XRP has the potential to survive both a bearish and bullish market.

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We created a lot of videos this past week Our recent video is about a trader that sold his $PENGU We also have a video on how you can earn your first $1,000 in crypto without Trading or meme coins Watch - Learn - Earn This week, we are here to do more, though will not be easy, but are here for you ❤️💐

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