Crypto Trading 101: Technical Analysis 加密货币交易101：技术分析
What is your crypto trading strategy? Technical or Fundamental? 您的加密货币交易策略是什么？技术还是基础？
Trading cryptocurrency is accessible to almost everyone and it might seem easy. However, just like any other investments, there are risks attached to it. It is wise for you to understand what tools are available for you and how to use them. The recent volatile market may seem scary, but this is not the first time cryptocurrency is facing a market crash. In fact, there might be a pattern from the previous catch that you can refer to and make a profitable investment or trade in the current market!
Many investors analyze stocks based on fundamentals analysis especially in the realm of cryptocurrency — such as their company revenue, market share or industry trends — but fundamental factors are not always reflected in the market value. Technical analysis is a strategy to predict price movements by examining historical data or patterns, mainly price and volume.
It provides guidance to traders to differentiate between intrinsic value and market price by leveraging techniques like statistical analysis. Technical analysis helps traders to what is most likely to happen given past information and pattern in the market historical chart. Most investors use both technical and fundamental analysis to make decisions.
Technical analysis (TA) is a type of trading/investing analysis that aims to predict future market behavior based on previous price action and volume data. This trading approach is extensively applied to stocks and other assets in traditional financial markets, but it is also an important component for trading cryptocurrency as well.
In contrast to fundamental analysis (FA), which considers various factors around the value of a certain asset, Technical Analysis is strictly focused on historical price action. Therefore, it is utilized as a tool to examine an asset’s price fluctuations and volume data, and many traders employ it in an attempt to identify trends and favourable trading opportunities.
With technological advancement and modern computing, Technical Analysis (TA) became widespread and is now an important tool for many investors and traders. Indicators for technical analysis are available on Exonium trading platforms!
Technical analysis identifies the supply and demand in the market, which represents overall investor’s sentiment. The price of cryptocurrencies reflects selling and buying orders, and these are closely related to the emotions of traders and investors (FUD/FOMO) .
Technical Analysis is considered more reliable and effective in trading that has high volume and liquidity. The high-volume markets are less susceptible to price manipulation and abnormal external influences that could create false signals and render TA useless.
In order to examine prices and eventually spot favourable opportunities, traders utilize a variety of charting tools known as indicators. Technical analysis indicators can help traders identify existing trends and also provide insightful information into trends that may emerge in the future. Since TA indicators are fallible, some traders make use of multiple indicators as a way to reduce risks.
Common TA indicators
Typically, traders who use TA employ a variety of different indicators and metrics to try and determine market trends, based on charts and historical price action. Among the numerous technical analysis indicators, simple moving averages (SMA) are one of the most used and well-known examples. As the name suggests, the SMA is calculated based on the closing prices of cryptocurrencies within a set time period. The exponential moving average (EMA) is a modified version of the SMA that weights recent closing prices more heavily than the older ones.
Another commonly used indicator is the relative strength index (RSI), which is part of a class of indicators known as oscillators. Unlike simple moving averages that simply track price changes over time, oscillators apply mathematical formulas to pricing data and then produce readings that fall within predefined ranges. In the case of the RSI, this range goes from 0 to 100.
The Bollinger Bands (BB) indicator is another oscillator-type that is quite popular among traders. The BB indicator consists of two lateral bands that flow around a moving average line. It is used to spot potential overbought and oversold market conditions, as well as to measure market volatility.
Besides the more basic and simple TA instruments, there are some indicators that rely on other indicators to generate data. For instance, the Stochastic RSI is calculated by applying a mathematical formula to the regular RSI. Another popular example is the moving average convergence divergence (MACD) indicator. The MACD is generated by subtracting two EMAs to create the main line (the MACD line). The first line is then used to generate another EMA, resulting in a second line (known as the signal line). In addition, there is the MACD histogram, which is calculated based on the differences between those two lines.
Trading signals
While indicators are useful for identifying general trends, they can also be used to provide insights into potential entry and exit points (buy or sell signals). These signals may be generated when specific events occur in an indicator’s chart. For example, when the RSI produces a reading of 70 or more, it could suggest that the market is operating under overbought conditions. The same logic applies when the RSI declines to 30 or less, which is generally perceived as a signal for oversold market conditions.
As previously discussed, the trading signals provided by technical analysis are not always accurate, and there is a considerable amount of noise (false signals) produced by TA indicators. This is especially concerning within the cryptocurrency markets, which are way smaller than the traditional ones and, as such, more volatile.
***Disclaimer: This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Trading cryptocurrency is complex and comes with a high risk of losing money. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to risk.
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Quick guide:
几乎每个人都可以使用交易加密货币，这似乎很容易。但是，就像其他任何投资一样，它也存在风险。了解您可以使用哪些工具以及如何使用它们是明智的。最近动荡的市场似乎令人恐惧，但这并不是加密货币第一次面临市场崩溃。实际上，您可以参考以前的捕获方法中的一种模式，并在当前市场上进行有利可图的投资或交易！
许多投资者基于基本面分析来分析股票，尤其是在加密货币领域，例如他们的公司收入，市场份额或行业趋势，但是基本面因素并不总是反映在市场价值中。技术分析是一种通过检查历史数据或模式（主要是价格和数量）来预测价格走势的策略。
它为交易者提供了指导，以利用统计分析等技术来区分内在价值和市场价格。技术分析可帮助交易者根据市场历史图表中的过去信息和模式来最可能发生的事情。大多数投资者都使用技术和基础分析来制定决策。
技术分析（TA）是一种交易/投资分析，旨在根据先前的价格行为和数量数据预测未来的市场行为。这种交易方法广泛应用于传统金融市场中的股票和其他资产，但它也是交易加密货币的重要组成部分。
与基本分析（FA）不同，基本分析（FA）考虑围绕某种资产价值的各种因素，而技术分析则严格关注历史价格行为。因此，它被用作检查资产价格波动和数量数据的工具，许多交易者都使用它来试图确定趋势和有利的交易机会。
随着技术的进步和现代计算技术的普及，技术分析（TA）成为许多投资者和交易者的重要工具。 嘉库交易平台上提供技术分析指标！
技术分析确定了市场的供求关系，代表了整体投资者的情绪。加密货币的价格反映了买卖订单，这些与交易者和投资者的情绪密切相关（FUD / FOMO）。
技术分析被认为在具有大量交易量和流动性的交易中更可靠，更有效。大批量市场不太容易受到价格操纵和异常外部影响的影响，这些外部影响可能会产生虚假信号并使技术分析失效。
为了检查价格并最终发现有利的机会，交易员使用各种称为指标的图表工具。技术分析指标可以帮助交易者识别现有趋势，还可以提供有关未来可能出现的趋势的有见地的信息。由于技术援助指标是容易出错的，因此一些交易员利用多种指标来降低风险。
常用助教指标
通常，使用TA的交易商会根据图表和历史价格走势，采用各种不同的指标和度量来尝试确定市场趋势。在众多技术分析指标中，简单移动平均线（SMA）是最常用和众所周知的示例之一。顾名思义，SMA是根据设定时间段内加密货币的收盘价计算的。指数移动平均线（EMA）是SMA的修改版本，与较早的收盘价相比，其更加权最近的收盘价。
另一个常用的指标是相对强度指数（RSI），它是一类指标的一部分，被称为震荡指标。与简单地跟踪价格随时间变化的简单移动平均线不同，振荡器将数学公式应用于定价数据，然后产生落入预定义范围内的读数。对于RSI，此范围从0到100。
布林带（BB）指标是另一种震荡指标，在交易员中非常受欢迎。 BB指标由围绕移动平均线流动的两个横向带组成。它用于发现潜在的超买和超卖市场状况，以及衡量市场波动性。
除了更基本，更简单的技术援助工具外，还有一些指标依赖于其他指标来生成数据。例如，随机RSI是通过将数学公式应用于常规RSI来计算的。另一个流行的例子是移动平均收敛散度（MACD）指标。通过减去两个EMA来创建主线（MACD线）来生成MACD。然后，第一行用于生成另一个EMA，从而产生第二行（称为信号线）。此外，还有MACD直方图，它是基于这两条线之间的差异计算得出的。
交易信号
尽管指标对于识别总体趋势很有用，但它们也可以用于洞悉潜在的进入和退出点（买入或卖出信号）。当指标图中发生特定事件时，可能会生成这些信号。例如，当RSI的读数达到70或更高时，可能表明市场在超买条件下运行。当RSI降至30或更低时，通常采用相同的逻辑，这通常被认为是市场超卖的信号。
如前所述，技术分析提供的交易信号并不总是准确的，TA指标会产生大量的噪声（虚假信号）。这在加密货币市场中尤为重要，因为加密货币市场比传统市场小得多，因此波动性更大。
***此内容不是财务建议，不应作为任何财务投资决策的基础，也不应被视为购买或出售任何商品或产品的建议。交易加密货币很复杂，并且有很高的赔钱风险。您应该仔细考虑交易加密货币是否适合您，并花点时间学习交易的工作方式并确定您准备冒多少风险。
关于嘉库
嘉库是一个全新的世界级加密货币交易所，重点关注用户资产的安全性和保护以及高流动性。
嘉库成立是为了推动加密货币被广泛采用。融合了交易所生态系统的最佳功能和社交网络平台的原理，该交易所旨在通过赋予交易员权力和能力，将权力重新交到社区手中。
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