The Basics of Technical Analysis for Crypto Beginners
Cryptocurrency trading might seem like a roller coaster š¢ with unpredictable price movements. But guess what? Technical analysis (TA) can help you make sense of the chaos. Whether youāre a complete newbie or just starting out, this guide will break down the basics of TA and how it applies to crypto trading. Letās dive in! š
š ļø What is Technical Analysis? Technical analysis is a method used to predict future price movements based on historical data š. Instead of focusing on the coinās fundam
šCrypto Trading Basics: What Every Beginner Should Know
1ļøā£ What Is Crypto Trading? Crypto trading involves buying and selling cryptocurrencies like Bitcoin, Ethereum, and other altcoins to profit from price movements in the market.
2ļøā£ Types of Crypto Trading
Spot Trading: Directly buy or sell cryptocurrencies at the current market price. Futures Trading: Trade contracts that speculate on a cryptoās future price using leverage. Staking & Investing: Not active trading, but earning passive income by holding assets. 3ļøā£ Key Terms Every Trader Should