Technical analysis (TA) is a practical approach to market analysis that aims to identify key trends within crypto markets in order to create efficient trading or investing strategies. Technical analysis refers to taking data from cryptocurrency markets and applying statistical analysis to it in order to create predictions of future price movement.
How to analyze cryptocurrency market trends?
There are many tools and techniques used by cryptocurrency traders to analyse market trends which can be overwhelming for beginners. Technical analysis (TA) is a practical approach to market analysis that aims to identify key trends within crypto markets in order to create efficient trading or investing strategies.
How do I understand crypto Ta?
The first step in understanding crypto TA is learning how to read basic chart patterns and trend lines. Swyftx recommends TradingView to chart cryptocurrencies and test out your TA strategies. This powerful tool has a broad spectrum of technical analysis tools.
Why should you take a cryptocurrency course through Coursera?
Cryptocurrency courses offered through Coursera equip learners with knowledge in myths versus facts about the technology; key concepts of blockchain technology; investment options in cryptocurrency; fundamentals of blockchain technology; business cases in which blockchain does or doesn’t make sense; and more.
