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Author Topic: Technical Analysis is what you need!!!!  (Read 1172 times)

Offline enwi

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Re: Technical Analysis is what you need!!!!
« Reply #30 on: April 23, 2024, 10:36:13 AM »
Technical analysis is very important in understanding the market. Basically, through technical analysis, you can get an idea of what the next movement of the market might be. If you don't have technical analysis, you have to trade with no idea of the market movement or how the market may go next. Those who are professional traders mainly give a lot of importance to technical analysis. The more proficient you are in technical analysis, the easier the market will seem to you. If you take a trade without knowing what the next movement of the market might be or what level the market might reach next, you will never know when you should buy your coins and when you should sell your coins. So technical analysis is very important.
Of course we have to do a good analysis before deciding to buy coins, but what we need to remember is that cryptocurrency price movements are not easy to predict, so we have to have lots of plans to prevent something bad from happening.

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Re: Technical Analysis is what you need!!!!
« Reply #30 on: April 23, 2024, 10:36:13 AM »

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Offline bayu7adi

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Re: Technical Analysis is what you need!!!!
« Reply #31 on: April 23, 2024, 07:50:20 PM »
Actually, this kind of explanation is very good, but some people may be unfamiliar with the new terms that you mention on this topic, so it seems that this has no meaning at all for those who cannot translate some of these terms.

Maybe if there was help by inserting some pictures and also some examples of analysis, it would be better and maybe easier to understand. I myself quite like the technical analysis shared here, even though I am not a daily trader, deep in my heart, there is a small desire that I want to become a daily trader.

Offline Litzki1990

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Re: Technical Analysis is what you need!!!!
« Reply #32 on: April 26, 2024, 03:08:50 PM »
Technical analysis is very important in understanding the market. Basically, through technical analysis, you can get an idea of what the next movement of the market might be. If you don't have technical analysis, you have to trade with no idea of the market movement or how the market may go next. Those who are professional traders mainly give a lot of importance to technical analysis. The more proficient you are in technical analysis, the easier the market will seem to you. If you take a trade without knowing what the next movement of the market might be or what level the market might reach next, you will never know when you should buy your coins and when you should sell your coins. So technical analysis is very important.
Of course we have to do a good analysis before deciding to buy coins, but what we need to remember is that cryptocurrency price movements are not easy to predict, so we have to have lots of plans to prevent something bad from happening.
Even though an investor understands the market very well and analyzes the market, he can predict the market movement very closely with the prediction he makes, but he can never tell the market movement with certainty. No matter how thorough your market analysis is, you need to do market analysis with your prospects. As I have done technical analysis on the market and thought that the market will reach this certain level in a few days, it is only my possibility, but with this possibility, we also have to think that something opposite can happen in the market. However, technical analysis is definitely an important investment field because technical analysis can provide a good understanding of the market if done correctly.

Offline emmybd

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Re: Technical Analysis is what you need!!!!
« Reply #33 on: May 01, 2024, 05:32:21 AM »
Technical analysis is important to execute trade. Professional traders analyse various graphs and charts before going for trade. One has to spend time to learn technical analysis and gather extensive knowledge about trading if he wants to earn money by trading.

 

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