Crypto technical analysis involves studying past price movements to forecast future movements. Traders use candlestick charts, pivot point trading, and Fibonacci retracements to analyze trends and make trading decisions.
Technical indicators, such as support and resistance, oscillators, and volatility indicators, are crucial for identifying trading opportunities. Traders often use a combination of indicators to find their perfect formula.
Candlestick patterns are crucial in trading. Each candle has a body and a wick, and its color represents buying or selling pressure. Different patterns indicate market sentiment and trend direction.