What technical analysis method are you using?

[milewilda]

1. BB
2. RSI
3. S & R lines
4. Fibo
5. MA

But sometimes i do make use of BB's on which it is really that sufficient for me.
I do prefer on naked trading or almost clutter free kind of chart because when you are someone whose that experienced
you could really be able to draw those lines imaginarily. 

[MrSpasybo]

1. BB
2. RSI
3. S & R lines
4. Fibo
5. MA

But sometimes i do make use of BB's on which it is really that sufficient for me.
I do prefer on naked trading or almost clutter free kind of chart because when you are someone whose that experienced
you could really be able to draw those lines imaginarily. 

Yeah, no one dictates what a trader needs to do. A trader can do anything to create profit from their trading decisions. I have never used S/R lines, but I will try to learn to understand the principle and its ability to analyze the market.

Many traders only use price charts to make trading decisions, but I believe they have a lot of experience to quickly identify resistance/support zones or trendlines on price charts. Their sensitivity can sometimes be more useful than indicators, and I also hope that in the future we can digitize their market analysis methods to support traders in the market.

[bayu7adi]

When trying short-term trading, I actually used several indicators such as RSI, MA and Fibo... but because I didn't really like short-term trading, it really tortured me until I decided to stop trading with such high risks. ... now I focus more on medium and long-term trading, which only pays attention to the price support and resistance points of a cryptocurrency to go long or short. And the only coin I monitor is bitcoin for this purpose.

[MrSpasybo]

When trying short-term trading, I actually used several indicators such as RSI, MA and Fibo... but because I didn't really like short-term trading, it really tortured me until I decided to stop trading with such high risks. ... now I focus more on medium and long-term trading, which only pays attention to the price support and resistance points of a cryptocurrency to go long or short. And the only coin I monitor is bitcoin for this purpose.

I use most technical indicators for long-term trading, which means I use the Weekly timeframe. I even believe that these indicators are designed for long-term investing and are only truly effective when used on large timeframes such as Weekly and Monthly.

BTC price has been considered the index of the crypto market for many years. I also often analyze the BTC price chart to get a general overview of the market's state. Because BTC has a large number of investors and trading volume, it actually has very clear behaviors that reflect herd mentality, making it very suitable for applying technical indicators!

[SamReomo]

I use RSI and Bollinger bands as technical indicators and I use trend lines and price change on trading view as part of my technical analysis. I also give priority to volume because that's useful to make profitable trades.

I mostly trade at spot market and at spot market profits are low as compare to futures market but the risk of spot market is also very low and that helps a trader to make good profits as holder if a trades goes wrong.

[Faisal2202]

I used EMA in the past as part of my strategy. I always wait for the alignment of EMA 20, 50, 100 before looking of an entry. Every time the price touches the EMA then that is my entry. It works because I have more confluences but still encounter loses until I can't manage my emotion that will result losing of funds. And now I decided to use PA in trading and I feel like it really works for me, other than that, I can trade a little bit early than those who rely on indicators.

What's PA? I also use 4EMA indicators to know my entry and exit points but I am just too lazy that whenever I take Enty (BTW I take small entries) I don't set SL or TP (Take Profit) and end up losing the funds as in loss. But no regret as in the long term coin is good and I am doing spot so I wait until it makes me profit. This way I make lesser money but I am not a technical or day traders I don't trade daily that's why I preferred this way a good one for me.

Although I am still learning more indicators, but as in terms of FA, whenever I see a good coin with good fundamentals, I took long terms entries. But I also fell to emotions and that's why I exit market early end up with lesser profit if I would not have exited We should really control our emotions, it would be nice if your will shed some light on PA if it could help me.

[MrSpasybo]

What's PA? I also use 4EMA indicators to know my entry and exit points but I am just too lazy that whenever I take Enty (BTW I take small entries) I don't set SL or TP (Take Profit) and end up losing the funds as in loss. But no regret as in the long term coin is good and I am doing spot so I wait until it makes me profit. This way I make lesser money but I am not a technical or day traders I don't trade daily that's why I preferred this way a good one for me.

Although I am still learning more indicators, but as in terms of FA, whenever I see a good coin with good fundamentals, I took long terms entries. But I also fell to emotions and that's why I exit market early end up with lesser profit if I would not have exited We should really control our emotions, it would be nice if your will shed some light on PA if it could help me.

PA = Price Action, a trading method based on price behavior such as resistance, support, trends, candlestick patterns, and often uses few technical indicators. This is just my understanding, a clear definition is available on Investopia.

For some long-term investments, for example DCA BTC in the crypto winter and hold to bullrun, I also usually do not place Take Profit or Stop Loss. However, with shorter-term investments, I think SL is a very important part of the trading strategy. It can protect traders from the risk of losing a large part of their capital and no longer having the opportunity to correct mistakes in the future.

• Price Action: What It Is and How Stock Traders Use It

[Faisal2202]

PA = Price Action, a trading method based on price behavior such as resistance, support, trends, candlestick patterns, and often uses few technical indicators. This is just my understanding, a clear definition is available on Investopia.

Okay okay, It was not coming to my mind, and I did not checked its meaning on Google as well, so I thought I should ask. I know about Price Action, its just the short form was confusing, actually I also don't use PA terms more often I use TA, or FA but yeah considering the definition I think PA is better in place of using both (TA and FA). 

For some long-term investments, for example DCA BTC in the crypto winter and hold to bullrun, I also usually do not place Take Profit or Stop Loss. However, with shorter-term investments, I think SL is a very important part of the trading strategy. It can protect traders from the risk of losing a large part of their capital and no longer having the opportunity to correct mistakes in the future.

Yeah, SL is really very important, like many people have red zones or supports which they have tagged as if touched market will go way below that point. So they put a SL there. I don't trade (Short- Term), maybe sometimes but mostly I am into long term trades. I am really bad at judging the potential of coin, but whenever I judged right, made good profit. SL is really important as you don't have to regret later.

[MrSpasybo]

Yeah, SL is really very important, like many people have red zones or supports which they have tagged as if touched market will go way below that point. So they put a SL there. I don't trade (Short- Term), maybe sometimes but mostly I am into long term trades. I am really bad at judging the potential of coin, but whenever I judged right, made good profit. SL is really important as you don't have to regret later.

It's easy to say than to do. I've always identified myself as a long-term investor, but there have been times when I've regretted not setting TP and SL to optimize profits better. Since the end of 2022, I've experienced 2 instances of losing 90% of my profits. It would have been great if I could have sold at TP or SL to have the opportunity to buy more tokens to achieve 3-5 times more profit during the upcoming bullrun.

Perhaps this mindset is what prevents many investors from holding to profit. I also need to learn to respect my own trading method in order to have peace of mind, manage my emotions better, and avoid negative emotions such as being too greedy or too afraid.

[Smcchamp]

The crypto market has become increasingly attractive to investors, and each investor has own way to generate profits for themselves from the large fluctuations of assets traded 24/7 on CEXs and DEXs. Besides fundamental analysis and on-chain analysis, technical analysis always has the largest number of users thanks to its simplicity and intuitiveness.

Technical analysis offers traders a variety of methods to check, learn, test, and select for themselves. We have Elliott wave theory, Dow theory, Fibonacci, Wyckoff, RSI, MAs, MACD, Ichimoku, Sonic-R, Momentum, Volume profile, Price action, Japanese candlesticks... Over the years in the market, I have learned many methods and am using combo-method at the same time to reinforce my own assessment of the state of the crypto market.

In particular, I like to use the indicators available on TradingView because they are intuitive and easy to access for everyone. I think technical analysis is science, which means that transparency and integrity are required. Other methods such as Elliott or Wyckoff require more detailed presentation and explanation, and they are also difficult to access for other investors.

I typically use Ichimoku's Kumo cloud + Sonic-R's Weekly EMA34 to identify trend formation or breakouts on the price chart. Occasionally, Fibo 0.618/1.618, RSI, and MACD are also quite helpful in making my analysis more convincing ^^

In investing, I prefer to use a combination of Ichimoku + MA-cross methods to identify BTC reversal zones on the weekly timeframe and place buy and sell orders. I will buy when the BTC price is above the Kumo cloud and MA9 is above MA26. The lag is completely acceptable, it gives me a fairly profit in each cycle.

What technical analysis methods are you using? Why did you choose them and what were the investment results?

• Technical Analysis: What It Is and How to Use It in Investing
  

When it comes to TA i tend to keep it simple. Support and resistance, EMA then institutional reference points like OB, FVG & LIQUIDITY GRAB is my go to.

[MrSpasybo]

When it comes to TA i tend to keep it simple. Support and resistance, EMA then institutional reference points like OB, FVG & LIQUIDITY GRAB is my go to.

The methods you use are very popular in this market, and as long as they bring you stable profits, they are good and effective tools.

I also often use EMA but rarely touch OBV or FVG as you mentioned. Trading volume is not my favorite data, I even believe that trading volume can be completely faked to deceive small investors.

[Smcchamp]

When it comes to TA i tend to keep it simple. Support and resistance, EMA then institutional reference points like OB, FVG & LIQUIDITY GRAB is my go to.

The methods you use are very popular in this market, and as long as they bring you stable profits, they are good and effective tools.

I also often use EMA but rarely touch OBV or FVG as you mentioned. Trading volume is not my favorite data, I even believe that trading volume can be completely faked to deceive small investors.

True. I don't use trading volumes too. I just seek internal or external liquidity and order block and fair value gap.

[JISAN]

Using EMA, MACD, rRSI in my opinion is enough and is a suitable combination.
I don't know how other people's judgments, but this depends on someone's habit of using indicators and of course it has been mastered.

There are many indicators that can be used and all of them certainly have advantages and disadvantages.
Don't overuse too many indicators if they are indeed inefficient.

I myself use these strategies because they are very effective in trading. I think EMA in particular is much more effective.  However, there will be risk in trading and you have to accept this risk and continue trading. Besides earning income, trading is also a lot of fun. I always use EMA to maximize my risk.

[MrSpasybo]

I myself use these strategies because they are very effective in trading. I think EMA in particular is much more effective.  However, there will be risk in trading and you have to accept this risk and continue trading. Besides earning income, trading is also a lot of fun. I always use EMA to maximize my risk.

EMA is indeed a popular and effective indicator for many traders. The legendary Bob Volman also uses EMA20 to trade and generate huge profits, which confirms the value of EMA.

Of course, trading signals from EMA can be accompanied by noise and require traders to analyze and make judgments with the highest possible accuracy. After that, everything depends on the volatility and behavior of the market, traders can only protect themselves with Stop-loss in case they have predicted wrong.

[Mr. Magkaisa]

        -   Most of the time, when I do technical analysis, I use Trendline, SMA, and Keltner channels, sometimes RSI, depending on the situation. And the timeframe that I looked at is 1 hour, 4 hours, and 1 day, so I can determine if that is really the direction of the price of the coin that I am trading.

But there are times when I only use trendline and SMA; even if they are just two, it becomes enough for me to make a profit in cryptocurrency, especially in futures trading.