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.
Dollar-Cost Averaging (DCA) is a strategy where a fixed amount of an asset is periodically purchased, regardless of the asset’s current price, to mitigate risk and potentially reduce cost basis.
Automated crypto trading allows trading without being physically present. Trading bots use algorithms to execute trades based on technical indicators, increasing speed, accuracy, and consistency while mitigating risk.