Where/how do you make TA?

[harizen]

Hey chart brothers! Interested in how you make your TA?
Do you use tools or any indicators as guidelines etc?
Thanks, wish you a good trade.

To form a good and well-detailed TA, it needs references so indicators, guidelines and a bit knowledge on how to read charts are a must.  That's how TA's should be.

But sometimes, there are people who rely on their instincts and past performance, they called it self-TA. Nothing wrong at all if they believed in that.

There are lots of resources already you can check via lurking on the world wide web that can be served as a reference to you if you are really interested to learn those. Hit your favorite web search engine with a keyword "crypto trading analysis" or something along those lines then start browsing.

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[tonyvo2017]

Hey chart brothers! Interested in how you make your TA?
Do you use tools or any indicators as guidelines etc?
Thanks, wish you a good trade.

The first step is to spend a lot of time reading and understanding the market situation. Once we understand the market, we will learn more about TA, which are quite understandable models, indicators and price action methods. Then I started to be able to make some lines that I understood about the chart and things gradually improved as I practiced. done. Nothing too different and strange.

[maxreish]

You can learn basic indicators like MACD and RSI. And by that, you can start to earn in trading with those basic indicators. There are many websites or even videos that can give you an easy understanding about technical analysis. I also learned TA by myself and I don't use so many indicators. For me, it is just complicating my trades. Try to study and choose what will fit to your own trades.

[error08]

Everyone can learn the basics to make their own bitcoin TAs, most material already provided on the internet, books and trading groups.
You have to learn several weeks or months to have a comprehensive understanding regarding TAs due to many factors affect it; flag pennant, measured move up, symmetrical triangle, ascending scallop, 3 rising valleys, cup with handle, ascending triangle, trend analysis, fibonacci, cycles, trend lines, chart patterns, technical indicators, wave analysis, elliot wave, and so on. Then you can learn and create your own TAs on https://www.tradingview.com/

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[el kaka22]

Hey chart brothers! Interested in how you make your TA?
Do you use tools or any indicators as guidelines etc?

I personally used TradingView for years but now I stopped, after years of trying to do TA, I realized there is no TA to be made, there is no bitcoin looking like this, charts are saying this, last year I stopped all of it, bitcoin just does what the whales want and that's it, nothing else.

Bitcoin is not something that could be controlled or predicted, it is not, I have give years of my life to do the best of it with my abilities and I have never seen a person who has predicted bitcoins possible moves few times in a row, I am not even saying predict it correct all the time, I am saying I haven ever met anyone who managed to do it 5 times in a row, so I stopped. TA is still good and tradingview would help you a lot on how you could do it but I personally gave up on it.

[jostorres]

TA is not really that "dead" right now, sure there are times when bitcoin make moves that nobody could ever guess but that doesn't mean that it is 100% of the time like that, there are still times when TA works out very well for everyone involved. I feel like 90% of the time bitcoin does exactly what a good TA says it will do, it is not really whales that moves most of the time, when it does a HUGE move it is 100% whales but all other times like the last few days for example all due to bitcoin doing exactly what people think it will do.

I however don't think that I should be doing TA myself, I check 10+ TA and come to an average understanding what people think bitcoin will do, I can personally be wrong, one other person can be too, but when you take average of 20 TA you see the common results.

[ajeef]

Hey chart brothers! Interested in how you make your TA?
Do you use tools or any indicators as guidelines etc?
Thanks, wish you a good trade.

Not experienced making my own TA but i usually go to tradingview websites and see people analysis and make my own verison.
There are so many TA tools there that you can access free and it also listed so many pro traders analysis that we can learn from there

[exstasie]

Hey chart brothers! Interested in how you make your TA?
Do you use tools or any indicators as guidelines etc?
Thanks, wish you a good trade.

I would stick to analyzing the higher time frames. That's where the most profit potential lies. Intraday time frames (especially the hourly and lower) have a really bad signal-to-noise ratio.

It's useful to have a market theory underlying your TA to help you determine what's happening in the bigger picture. Wyckoff theory or Elliott Wave Theory are a couple examples. They can provide a bird's eye view of the market, which is helpful because only looking at things like indicators and moving averages can give you tunnel vision.

Our resident Wyckoff analyst is dmwardjr. Check out his BTCUSD analysis thread: https://bitcointalk.org/index.php?topic=5140701.0