What is Technical Analysis?

[imran69]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

[metribitcoin]

Technical analysis is a methode for analysis and to predict the market direction through learn past market data like past price and volume. In technical analysis we learn how to know direction of price by analysis the chart, price action, candlestick, time frame, and also function some indikator. By learn that finally we know which level area and good entry to buy and sell.

[Nerman]

Technical analysis is a methode for analysis and to predict the market direction through learn past market data like past price and volume. In technical analysis we learn how to know direction of price by analysis the chart, price action, candlestick, time frame, and also function some indikator. By learn that finally we know which level area and good entry to buy and sell.

He is correct, by definition thats it.a little piece of advice do not go trading if you do not even know the basics of technical analysis
 Trading can give you a lot of profit thats if you know what you are doing, because if you don't you will just end up losing your money and most likely hate crypto.

Go read or watch tutorial videos first.

[Fujiati]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

of course you can find out about analytics techniques in google .. little picture of analytical techniques like ,, see sellers and buyers ,, observe the market charts, see the volume of coins to be traded, and much more ,, but the key is thoroughness and patience to get the desired profit

[HeRetiK]

The reliability and effectiveness of technical analysis is rather disputed, however basic knowledge of it helps understanding how the market "ticks".

Here's an introduction that I personally found rather helpful:

https://www.investopedia.com/university/technical/


Be aware that daytrading is also a great way to lose money, not just to gain some. If you're new to crypto and markets in general I'd recommend taking a step back and watching the markets a bit before deciding on whether you want to become a trader, hodler or bystander.

[jhongzjhong]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

That's good for the new trader just keep on searching on youtube, google and reading in trading discussion section, through these you know already what to do in trading.
Actually technical analysis is just like common sense you know how to exactly predict the movement and developments of the coins you invested in trading. May i advice you stay away from day trader if you are a newbie only expert  trader can do that or else you might be loss all your fund, besides lower risk and the great idea is holding for long term.

[Nisharawal]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

Well, Technical Analysis is a study by which you are going to forecast the future of financial Markets using the Past Price movements and data which is represented on the Price charts of particular trading products. And for studying technical analysis there are many paid and free online and offline Financial course are available which will help you master each area of this technical analysis subject. Even myself trading the financial markets using technical analysis methodology successfully from past 8 years. I hope you got a clear idea and also if you are interested to learn the Technical analysis right from basic to advance core trading then you can let me know through the personal message I will explain you in detail, thanks.

[franss]

Appropriate analysis is rather difficult to use, most importantly you can find out which coin you want to trade

[brandeager]

If you know how to do technical analysis, you can get better understanding of the crypto market sentiment and trend in the market. Crypto currencies are normally volatile. You can get better idea about it watching bitcoin price movement charts.

Chart patterns, resistance and support levels, trading volume, moving average, indicators and oscillators are some of learning outcomes and there are many software to determine the charts and patterns. They have many tools to use for analysis. Trading Views, Coinigy are some of them.

Not only technical analysis, you have to be alert about market news. Eg- News of South Korea regarding ban crypto currencies. All the crypto market went down.

[Crytptohack]

T/A has been answered here with the replies. But just an FYI: Technical Analysis for a commodity or asset has been around for hundreds of years, it is not new to the crypto world.

Also, because the cryptos are so volatile with huge swings in either direction, T/A doe not always apply. It tends to overshoot projections IMO, like a trend line, a fibonacci level or riding outside of a bollinger band 10 days in a row...

[hitrawal91]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

Technical analysis is nothing but studying or analysing the action of price, volume and other technical indicators in order to predict the future of the market using your past open, high, low, close data and if you want to learn technical analysis then I would tell you that there are many professional trainers and mentors available both online and offline and you just need to pick the right institute and follow their teaching. Remember Technical Analysis is a vast subject and it needs tons of Hard work, Dedication, and passion from your side to get mastered, otherwise, it's not an easy job as it is been shown by the other people.

[Fippy]

Exactly.. a lot of people think that technical anaysis are always going to be the solution for everything, but in fact, this is wrong. Cryptos works by a different way than the normal currencies, they are much more volatile.

Also, because the cryptos are so volatile with huge swings in either direction, T/A doe not always apply. It tends to overshoot projections IMO, like a trend line, a fibonacci level or riding outside of a bollinger band 10 days in a row...

[joesan2012]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

The best thing you ask,  . Trading is Indeed hard to begin. And yeah, you must learn technical analysis. Technical analysis is the framework in which crypto traders study price movement. The theory is that a person can look at it's historical price movements and determine the current trading conditions and potential price movement. Looking back to it's historical movement sometimes give you some prediction, History tends to repeat itself. Well, that’s basically what technical analysis is all about! If a price level held as a key support or resistance in the past, traders will keep an eye out for it and base their trades around that historical price level. Resistance stands for bullish or uptrend and Support stands for bearish or downtrend. Technical analysis look for similar patterns that have formed in the past, and will form trade ideas believing that price will act the same way that it did before.

[anitaraymonds]

Technical analysis is the historical marks made by the market which are shown in charts. This marks is used by the traders to predict the next move of the market. Technical analysis has some tools which include MACD, OSI,   RSI and resistance /support levels.

[MURONDI]

technical analysis is to analyze the market with the help of indicators, There are different types of indicators that certainly have different functions different, This indicator can make us know change, or trend direction, but none of the indicators are 100% accurate, but can help us to determine the sale and purchase

[Koadharber]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

If you did just put up Techinical analysis directly on google search bar then it would really give you different meanings since there are some areas which arent connected on trading itself. It would show you About 17,800,000 results  when you do search up such thing. Is better to be more specific on what you are seeking to. Technical analysis on trading, it might be more specific . TA are one of the tools that you can make use on doing trading which you would able to have analysis on where prices would go by means of indicators.

[harizen]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

Technical Analysis is simply making an analyzation of the market by using some of market tools in order to predict and forecast the outcome of the market. I don't believe in you that you don't found it on Google as it was a normal term in financial world not just in crpyto world. Different meanings but only lead on the same principle.

It was used to determined market behaviour. Not an assurance that it will happened since market is unpredictable but it can be used as reference for us to plan our next move.

[satria33]

Perhaps there is no definite technical analysis but it is clear how to read the market movement about the coins to be traded. this is done to avoid losses in the future.

[koryu]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

You should find quite a bit of information on TA, its the art of learning how to and when to invest with a good risk profile.

[Saichoukyushin]

I am a newbie in Cryptoworld. and now i am going to start treading. But one thing i dident understand. that is Technical Analysis. what is this Technical Analysis? how can i do it? i searched it in google but dident find My Ans:( Anyone who Expert about it Help me.

From the word itself technical when applied into trading is is by predicting its movement by using some charting and indicators into it. I would say that you can search it to youtube and you will find some guides and tutorials how to do it correctly.