Crypto traders have several tools to assess the cryptocurrency market. One of them is an approach known as Technical Analysis. Using this method, traders can get a better understanding of the market sentiment and isolate significant trends in the market. This data can be used to make more educated predictions and wiser trades.
Technical Analysis considers the history of a coin with price charts and trading volumes, no matter what the coin or project does.
To get a better idea of technical analysis, it is crucial to understand:
- The market considers everything in its pricing.
- All existing, prior, and upcoming details have already been integrated into current asset prices.
- With regards to Bitcoin and crypto, this would be comprised of multiple variables like current, past, and future demand, and any regulations that impact the crypto market.
- The existing price is a response to all the current details, which includes the expectations and knowledge of each coin traded in the market.
- Technicians interpret what the price is suggesting about market sentiment to make calculated wise predictions about future pricing.
- Prices movement aren’t random. Rather, they often follow trends, which may either be long or short-term. After a trend is formed by a coin, it’s probably going to follow that trend to oppose it.
- History tends to get repeated. It is possible to predict market psychology. Traders sometimes react the same way when presented with similar situation.
We have created a new way of technical analysis which is not based on rigid forms, or geographic forms, but the natural market movement.
That is called the moving water and we are ready to give the best signals on Bitcoin and Altcoin when market is ready to go up, or to fall, with medium or high volume.
A very important factor when trading Altcoin is to consider Bitcoin moves, because it has a big influence.
Still all altcoins are dependable on Bitcoin market and it is not possible to ignore it.
We try to trade always when market has good volume because the idea is to get in the trade with low risk and high possibility to win.
Choose your plan Basic, for less signal a month, or Advanced, better and more signals.
Very soon we will deliver courses for those who want to learn how to trade on altcoin and use the moving water method.