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.