As a new trader, finding your way around the chaotic crypto market can be both thrilling and stressful. Exciting because every waking day brings along its fair share of opportunities…
There are many personal reasons as to why people get into trading. However, the primary motivation behind these dreams and ambitions is the profits that come with crypto trading. Nevertheless, many new traders find it hard to proceed from their initial trading because of one thing; they don’t have a trading strategy.
TA (Technical analysis) is the prediction of future price movements based on an examination of past movements. Like weather forecasts, technical analysis does not lead to absolute predictions of the future. Instead, technical analysis can help investors predict what is “likely” to happen over time. It is a tool, just like fundamental analysis.