Get ready for the biggest bull run in crypto.
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ULTIMATE trading guide
Everything in the world follows cycles.
Crypto is no exception.
To maximize your profits during this cycle, understanding the market is crucial.
Many people believe that technical analysis (TA) is ineffective.
However, they are mistaken. Let me show you why.
Firstly, you should learn the basics of TA:
Every movement on a chart is not random; it often involves market makers manipulating the crowd and reflects people's emotions.
Now, let's delve into how to identify these patterns on charts.
Here are the tools you can use for chart analysis:
👉 For all crypto: TradingView
👉 For early tokens / memes: DEX Screener

⋆ Most important TA principles ⋆
① Properly identify market trends
➬ Flat: price mostly remains within the same range.
➬ Uptrend: each low and high of the price is higher than the previous one.
➬ Downtrend: each low and high of the price is lower than the previous one.
Usually, we rely on trends to understand market behavior.
② But here's the question: which timeframes should we choose?
I prefer analyzing charts from higher time frames (HTF) to lower ones (LTF) because the support and resistance levels on HTF tend to be stronger.
③ Support and Resistance levels
These levels apply to all tokens and markets.
The significance of a level increases with more touches and rejections, but typically, after 4-5 touches, the level tends to break through.
④ Fibonacci Retracement
Fibonacci levels are horizontal lines that indicate the possible locations of support and resistance levels.
Each level is associated with a ratio or percentage.
Important levels to watch for include:
➬ 0.5 (50%)
➬ 0.618 (61.8%)
➬ 0.786 (78.6%)
Here's how to use it:
· After a bullish price movement, draw levels from the low point to the high point.
· These levels will show us optimal buying zones.
· While it's ofc not 100% accurate, it can be used as an auxiliary tool when you need more confirmation.

⑤ Fixed Range Volume Profile (FRVP)
This indicator shows the highest trading volume within a defined zone, making it a reliable support or resistance level.
It allows traders to analyse the volume activity of a particular range instead of the entire price movement of an asset.
⑥ Order blocks (OB)
These are simply groups of orders at a certain price level, located on the price chart and on different time frames.
Smart money traders works with these blocks, and as such, they represent a large volume of positions and cause impulsive price movement.
⋆ Risk management ⋆
Trading requires consistency and discipline.
No one can win every single trade.
Even professionals fail at times, and that's completely fine.
To earn, you always need to take risks - some of your trades will inevitably be unprofitable.

The goal here is to build a system that generates long-term profits:
Imagine this scenario: you usually trade just one pattern, and you execute it flawlessly.
With an RR ratio of 1:3 (meaning a 1% loss and a 3% gain), even with a 50% win rate, you can consistently profit.
⋆ Analyze the community ⋆
➬ Engage in chats
➬ Check the roadmap
➬ Examine the website
Keep in mind that 50% of token growth is influenced by its community.
No matter how solid the technical analysis may be, it's merely an additional factor, not the primary driver.

If you found this article helpful, don't forget to:
➬ Follow me @BitEagle News for more.
#TA #BitEagleNews