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deucher
deucherActive Contributor
Asked: April 26, 2024In:

This is a fairly popular but not effective trading method when a trader opens a deal thanks to the signals of an indicator that signals whether to sell or buy. When I started my journey in trading, I also studied ...Read more

This is a fairly popular but not effective trading method when a trader opens a deal thanks to the signals of an indicator that signals whether to sell or buy. When I started my journey in trading, I also studied these indicators, but they are not effective, so I do not think that it should be taken seriously. What is your opinion?

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Suba
SubaKnowledge Seeker
Asked: August 9, 2023In:

Crypto traders and investors will always have a way of predicting and assessing the cryptocurrency market, and they generally apply technical analysis, which in the end they will get information about market sentiment and market trends, Crypto technical analysis is a ...Read more

Crypto traders and investors will always have a way of predicting and assessing the cryptocurrency market, and they generally apply technical analysis, which in the end they will get information about market sentiment and market trends,

Crypto technical analysis is a type of analysis that uses statistical/graphical indicators or mathematical indicators to predict future crypto performance based on past prices. So in principle technical analysis is to identify patterns and trends in crypto movements. Of course traders and investors will also pay attention and consider trading volume and price charts. The basic idea of crypto technical analysis is to assume that history will tend to repeat itself, so that traders will act in the same way when they encounter similar sentiments and trends. So what do you think are the technical analysis indicators on crypto.

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  1. Youngyoel
    Youngyoel Newcomer

    From what I understand, technical analysis in crypto is about using charts and indicators to study price movement and market behavior. Traders believe past patterns can give clues about future moves. Volume is also very important because it shows how strong a move is. If price rises with high volumeRead more

    From what I understand, technical analysis in crypto is about using charts and indicators to study price movement and market behavior. Traders believe past patterns can give clues about future moves.
    Volume is also very important because it shows how strong a move is. If price rises with high volume, it usually means stronger momentum. In simple terms, these tools help traders understand trends, timing, and possible reversals.

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