What tools do you use for technical analysis?

[exstasie]

I forgot to mention something earlier.

Context is really important in trading. It's good to use some form of long term cycle or trend analysis to understand the larger trend and overall market context. One example is the Wyckoff method. Another example is Dow Theory. Yet another is Elliott Wave Theory. Some trend traders keep it really simple and just use the 20-week or 200-day moving averages to determine which direction to trade in.

[el kaka22]

Looking to get into crypto trading and I'm curious what tools do you use for technical analysis?

I only use technical analysis to create strategy day after day, never use fundamental analysis. MACD, MA and SO is my technical combination but always use long term period to calculate my stop loss and take profit area. Even not always have big profit but learn about market works is fun and make me smart.

Normally, as long as news will not work for the movement of the market, I really do not see any reason why someone should be focusing on it to trade the market which is the reason why a lot of people simply do not rely much on fundamental and probably might work a little bit during an uptrend anyway. The best to use as far as I am concerned is candlestick pattern.

You really do not have to load up your chart with so many indicators, and then you are able to do your simple analysis when it comes to identifying supports and resistance, the reaction of the candle in terms of trend reversal within those points and so on. Probably, one can combine it though with RSI to be able to view the momentum within those zones.

[StephKram]

Looking to get into crypto trading and I'm curious what tools do you use for technical analysis?

I try to keep it as simple as possible.  I watch the charts, RSI and volume.  I also use an AI predictor service to help me predict the short term (is minutes) direction of the market.  With these simple tools I have had great success.  I find the more I try to get fancy with the tools the more issues I have. 

[noah tall]

Looking to get into crypto trading and I'm curious what tools do you use for technical analysis?

There is actually no specific tool you have to use as you need to use what fits your own pattern and then stick with it based on your strategy. The tools are enormous, starting from indicators to technical analysis to candlestick pattern analysis.
It is then left for you as an individual to simply take advantage of these tools at your disposal and make the best of them. Usually, you cannot use everything, and at least learning some few momentum indicators like Stoch RSI, or trend indicators like Moving Averages, can really go a long way when it comes to trading a market.

[KuromaYoichi]

I usually use rsi, ema, bollinger, to trade crypto, sometimes if i feel like doing it then i will use others like Elliot wave or ichimoku but that's quite rare. I only use simple indicator and compare them to other people's TA at trading view. If you want to learn then you can read investopedia and look at people's TA at trading view. I used to do that in my early crypto days.

[udidrone]

Looking to get into crypto trading and I'm curious what tools do you use for technical analysis?

I only use chart, don't have other tools because not really deep in trading, even for coins sometime i ask my friend what good coin to buy today. At least if stuck, i have friend who stuck too

[spartanrules]

Looking to get into crypto trading and I'm curious what tools do you use for technical analysis?

Personally I like to use such indicators as Awesome Oscillator, Moving Average Convergence Divergence, Relative Strength Index, Aroon Oscillator. Williams Alligator. Also I always make technical analysis according to theory of William Gann.

[metribitcoin]

I use  Moving average to analysis the trend of price and also i used price pattern and candlestick pattern. In my opinion trading with 2 different indicator is better than use alot of different indicator.