Want to learn to read charts like a pro and understand where the price might go? Welcome to the world of technical analysis — your main assistant in the trading world💹
Here's where a beginner should start:
🔍 1. What is technical analysis?
It is a way of predicting price based on charts, past movements, and volumes. Unlike fundamental analysis, here the news is not important, but the charts themselves! 📈
📘 2. Where to start studying?
Learn the basic concepts: trends, support and resistance levels, candles, volumes.
Master popular indicators: RSI, MACD, moving averages.
Watch educational videos and articles: on Binance Academy, YouTube, and specialized blogs.
📚 3. What to read?
“Technical Analysis of the Financial Markets” — John Murphy
“Japanese Candlestick Charting Techniques” — Steve Nison
Be sure to check out Binance Academy — there’s a sea of useful content in Russian🌊
🧠 4. Practice is the key to success
Open a demo account, look at the charts, and test your skills.
Mistakes are part of learning. The main thing is to learn from them and move on💪
Don't be afraid of charts — they are your friends! The more practice you get, the better you understand them.
Start today, and soon you'll be able to make confident decisions on your own! 🚀📈
