#التحليل_الفني


Technical analysis is a method of studying price movements in financial markets (such as cryptocurrencies, stocks, commodities) using charts and technical indicators. Technical analysis is based on the assumption that prices move in patterns that can be predicted based on historical data, regardless of the actual value of the asset.



Technical Analysis Basics




  2. The price reflects everything:



    • All influential information (news, economic factors, market sentiment) is reflected in the price.



  4. Prices move in directions:



    • Upward, downward, or sideways (constant) price trends can be identified.



  6. History repeats itself:



    • Previous price patterns tend to repeat due to the nature of human behavior.



Basic technical analysis tools


1. Charts



  • Line Chart: Shows price movement using simple lines.


  • Candlestick Chart: The most popular tool, it shows price action (open, close, high and low).


  • Bar Chart: Similar to Japanese candlesticks but less commonly used.


2. Trend Lines



  • Used to identify bullish or bearish trends.


  • Draw by connecting the peaks or troughs.


3. Support & Resistance



  • Support: A price level from which the price is expected to bounce upwards.


  • Resistance: A price level from which the price is expected to bounce down.


4. Technical indicators



  • Mathematical tools based on historical data such as prices and volumes. The most popular ones are:


    • Moving Averages:


      • Shows the general direction of the price.


    • Relative Strength Index (RSI):


      • Measures market momentum and identifies overbought or oversold conditions.


    • MACD:


      • Helps determine momentum and trend strength.


    • Bollinger Bands:


      • Measures market volatility.


5. Chart Patterns



  • Shapes formed on a chart that indicate future price movement. Examples include:


    • Head & Shoulders


    • Triangles.


    • Flags



How to use technical analysis?


1. Trend Analysis



  • Use trend lines and moving averages to determine the overall market direction.


2. Determine entry and exit points



  • Use supports and resistances to determine the best points to open or close trades.


3. Monitor technical indicators



  • Use indicators to confirm the trend or market momentum before making a decision.


4. Risk Management



  • Use Stop Loss and Take Profit orders to limit risk.



Advantages of technical analysis



  2. Suitable for all markets: Can be applied to cryptocurrencies, stocks, commodities, and more.


  4. Easy to use: Tools and charts are available across trading platforms.


  6. Quick decisions: Suitable for short-term trading such as day trading.



Disadvantages of technical analysis



  2. No guarantee of results: It is based on probabilities, and there is no guarantee that the predictions will be correct.


  4. Emotional Influence: A trader may be influenced by market behavior.


  6. Ignores fundamentals: Does not take into account real values ​​or influential news.





conclusion


Technical analysis is a powerful tool that helps traders understand price action and make informed decisions. However, it is best combined with fundamental analysis to get a comprehensive view of the asset to be traded. The most important thing is to constantly practice the tools and indicators to improve the accuracy of the analysis.