For crypto traders: technical analysis in 5 minutes

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Don’t know how to read crypto charts? Here’s what you need to know:

What the main indicators do:

  • EMA — defines the trend (BUY above the line, SELL below)
  • RSI — shows if the asset is overbought (>70) or oversold (<30)
  • MACD — catches reversals (crossover through zero = entry signal)
  • Bollinger Bands — measures volatility and reversal points

Japanese candlesticks — read them like a book: Body = from open to close. Wick = day’s high/low. Green = up, red = down.

Pro tip: Fibonacci Levels Crypto rarely moves in a straight line. Fibonacci lines (61.8%, 38.2%, 23.6%) show where the market might bounce back. Works especially well combined with other indicators.

Pivot Points — pros’ benchmarks Objective support/resistance levels. Don’t require subjective decisions like other indicators. They’re like financial floors for traders.

Key: combine TA + FA Technical analysis = short-term (when to enter/exit). Fundamental = long-term (whether it’s worth it at all). Together — it’s a combo.

⚠️ TA doesn’t give 100% signals. Always manage your risks and never go all-in.

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