What is technical analysis?

It is the study of price movement on charts

with the aim of predicting future price trends. It does not rely on news or

economic data, but solely on charts, price, and time.

💎The difference between technical analysis and

fundamental analysis:

Technical analysis: - It relies on price and market movement by analyzing charts

with the aim of predicting price direction in the short term.

Fundamental analysis: - It relies on news, earnings, and the economy through economic and financial data with the aim of determining the true value of the asset.

💎Basic hypotheses of technical analysis:

1. Price reflects everything: - This means that all news, sentiment, and information have already been reflected in the price.

2. Prices move in trends: This means that the market does not move randomly but follows trends that can be analyzed: upward, downward, or sideways.

3. History repeats itself: Because people's behavior repeats, price patterns also repeat over time.

💎Benefits of technical analysis:

Suitable for all markets (stocks, currencies,

digital currencies).

It can be applied to all time frames

(minute - hour - day...).

Quick to understand with practice.