{"id":13255,"date":"2024-02-24T04:45:12","date_gmt":"2024-02-24T01:15:12","guid":{"rendered":"https:\/\/farhadsalimi.com\/technical-analysis-and-full-training-technical-analysis\/"},"modified":"2024-12-30T13:59:16","modified_gmt":"2024-12-30T10:29:16","slug":"technical-analysis-and-full-training-technical-analysis","status":"publish","type":"post","link":"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/","title":{"rendered":"Technical analysis and full training Technical analysis"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#What_is_technical_analysis\" >What is technical analysis?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#History_of_technical_analysis\" >History of technical analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Where_did_the_idea_of_%E2%80%8B%E2%80%8Btechnical_analysis_come_from\" >Where did the idea of \u200b\u200btechnical analysis come from?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#The_importance_of_technical_analysis_in_the_digital_currency_market\" >The importance of technical analysis in the digital currency market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Scientific_and_non-scientific_market_analysis\" >Scientific and non-scientific market analysis<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Is_technical_analysis_scientific\" >Is technical analysis scientific?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Comparison_of_technical_analysis_and_fundamental_analysis\" >Comparison of technical analysis and fundamental analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Positive_and_negative_views_on_technical_analysis\" >Positive and negative views on technical analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Advantages_and_disadvantages_of_technical_analysis_in_digital_currency_market\" >Advantages and disadvantages of technical analysis in digital currency market<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Advantages_of_technical_analysis\" >Advantages of technical analysis:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Disadvantages_of_technical_analysis\" >Disadvantages of technical analysis:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Technical_analysis_approach\" >Technical analysis approach<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Types_of_charts_in_technical_analysis\" >Types of charts in technical analysis<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Candlestick_Chart\" >Candlestick Chart<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Line_chart\" >Line chart<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Bar_chart\" >Bar chart<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#The_concept_of_indicator_and_its_role_in_technical_analysis\" >The concept of indicator and its role in technical analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Types_of_indicators_in_technical_analysis\" >Types of indicators in technical analysis<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Simple_Moving_Average\" >Simple Moving Average<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Bollinger_Bands_or_Bollinger_Bands\" >Bollinger Bands or Bollinger Bands<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Relative_Strength_Index\" >Relative Strength Index<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Review_of_the_features_of_the_best_Iranian_cryptocurrency_analysis_site\" >Review of the features of the best Iranian cryptocurrency analysis site<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Which_Iranian_site_is_suitable_for_learning_technical_analysis\" >Which Iranian site is suitable for learning technical analysis?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Why_should_we_follow_news_from_the_world_of_digital_currency\" >Why should we follow news from the world of digital currency?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/farhadsalimi.com\/en\/technical-analysis-and-full-training-technical-analysis\/#Important_tips_for_learning_cryptocurrency_technical_analysis\" >Important tips for learning cryptocurrency technical analysis<\/a><\/li><\/ul><\/nav><\/div>\n\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13255\" class=\"elementor elementor-13255 elementor-7234\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7eb4445 e-flex e-con-boxed e-con e-parent\" data-id=\"7eb4445\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6571348 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"6571348\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0627\u0631\u0632-\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644-1024x512.jpg\" class=\"attachment-large size-large wp-image-11497\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0627\u0631\u0632-\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644-1024x512.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0627\u0631\u0632-\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644-300x150.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0627\u0631\u0632-\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644-768x384.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0627\u0631\u0632-\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644-1000x500.jpg 1000w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0627\u0631\u0632-\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644-670x335.jpg 670w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0627\u0631\u0632-\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bf73e05 e-flex e-con-boxed e-con e-parent\" data-id=\"bf73e05\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-408b3a2 elementor-widget elementor-widget-text-editor\" data-id=\"408b3a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\">Technical analysis is one of the methods of price analysis using charts in financial and digital markets. Traders use the best technical analysis charts and future price changes to make a profit in their trades. Unlike fundamental analysis, which is based on media, news, influential people, etc., in technical analysis, the price is determined by mathematical indicators and interpretation of charts.  <\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-95d5713 e-flex e-con-boxed elementor-invisible e-con e-parent\" data-id=\"95d5713\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;lightSpeedIn&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-840a47e elementor-widget elementor-widget-text-editor\" data-id=\"840a47e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><strong><span style=\"color: #ffff00;\">Attention: Technical analysis without fundamental analysis will be an incomplete analysis. Therefore, it is suggested not to rely on the results of this analysis alone for investment.<\/span><\/strong><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5cd7237 e-flex e-con-boxed e-con e-parent\" data-id=\"5cd7237\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ea60d6b elementor-widget elementor-widget-text-editor\" data-id=\"ea60d6b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Read more: <a style=\"color: #000000;\" title=\"Fundamental analysis or fundamental analysis\" href=\"https:\/\/farhadsalimi.com\/en\/fundamental-analysis-or-fundamental-analysis\/\">Fundamental analysis<\/a><\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e17db90 e-flex e-con-boxed elementor-invisible e-con e-parent\" data-id=\"e17db90\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;animation&quot;:&quot;zoomIn&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-75ed20f elementor-blockquote--skin-quotation elementor-blockquote--align-center elementor-widget elementor-widget-blockquote\" data-id=\"75ed20f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tBy teaching digital currency technical analysis step by step and using the best technical analysis method when buying and selling digital currency, traders can achieve profitability. To work with this method, various tools are used, such as line charts, candlestick charts, etc.\t\t\t<\/p>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0b15f2c e-flex e-con-boxed e-con e-parent\" data-id=\"0b15f2c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9a9de8e elementor-widget elementor-widget-text-editor\" data-id=\"9a9de8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\">Basically, the methods used in technical analysis are not scientific; This means that the buy and sell signal generated by this analysis is not correct in all cases and may be wrong in some cases. Using technical analysis without fundamental analysis is just playing with numbers and pure mathematics and will not be practical.<\/p>\n<p style=\"text-align: justify;\">Therefore, to get the best results in the financial markets, both analyzes should be used together. In the rest of this article, I will discuss the different concepts in the best technical analysis method and digital currency technical analysis training from zero to one hundred.<\/p><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-771e19e e-flex e-con-boxed e-con e-parent\" data-id=\"771e19e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1b3dbbb e-con-full e-flex e-con e-child\" data-id=\"1b3dbbb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b3186d2 e-con-full e-flex e-con e-child\" data-id=\"b3186d2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e8d30d7 elementor-widget elementor-widget-text-editor\" data-id=\"e8d30d7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><span style=\"color: #ffffff;\"><strong><a style=\"color: #ffffff;\" title=\"Download the technical analysis book\" href=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/%D8%AA%D8%AD%D9%84%DB%8C%D9%84.pdf\">Download the technical analysis book<\/a><\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ffffff;\">the writer: Thomas Myers<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ffffff;\">Translation and adaptation: Farhad Moghadam Salimi<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fad01b7 e-con-full e-flex e-con e-child\" data-id=\"fad01b7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2871972 e-flex e-con-boxed e-con e-parent\" data-id=\"2871972\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3b90957 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"3b90957\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0686\u06cc\u0633\u062a-1024x512.jpg\" class=\"attachment-large size-large wp-image-11499\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0686\u06cc\u0633\u062a-1024x512.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0686\u06cc\u0633\u062a-300x150.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0686\u06cc\u0633\u062a-768x384.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0686\u06cc\u0633\u062a-1000x500.jpg 1000w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0686\u06cc\u0633\u062a-670x335.jpg 670w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u0686\u06cc\u0633\u062a.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-755d6a4 e-flex e-con-boxed e-con e-parent\" data-id=\"755d6a4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9846c77 elementor-widget elementor-widget-text-editor\" data-id=\"9846c77\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"What_is_technical_analysis\"><\/span>What is technical analysis?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Technical analysis is one of the methods of analyzing financial markets such as the digital currency market. This type of analysis uses trading tools and charts to investigate market behavior and predicts based on previous price movements and market trading data.<\/p>\n<p style=\"text-align: justify;\">Traders usually use this analysis along with fundamental analysis to analyze the price behavior of Bitcoin and other digital currencies.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9b90938 e-flex e-con-boxed e-con e-parent\" data-id=\"9b90938\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ad5f8ed elementor-widget elementor-widget-text-editor\" data-id=\"ad5f8ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Read more: <a style=\"color: #000000;\" title=\"Bitcoin price depends on what factors?!\" href=\"https:\/\/farhadsalimi.com\/en\/bitcoin-price-depends-on-what-factors\/\">Bitcoin price depends on what factors?!<\/a><\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f7b03fc e-flex e-con-boxed e-con e-parent\" data-id=\"f7b03fc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bb902a5 elementor-widget elementor-widget-text-editor\" data-id=\"bb902a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\">  By using trading records, analyzing currencies and focusing on market charts and data, traders identify patterns and trends and thus predict the future of the market. According to <a title=\"Dow Jones\" href=\"https:\/\/www.dowjones.com\/\" target=\"_blank\" rel=\"noopener\">Dow Jones<\/a> theory, technical analysis is based on three foundations:<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c1fa4c7 e-flex e-con-boxed e-con e-parent\" data-id=\"c1fa4c7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f36bf19 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"f36bf19\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Price is the main pillar of technical analysis and everything is summed up in it. Price movements represent the supply and demand of the market.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">The price has long-term, short-term and medium-term trends.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">The past and price trends will repeat themselves. Digital currency analyzers are able to predict future market movements with the help of patterns formed on the charts in the past.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e6d1453 e-flex e-con-boxed e-con e-parent\" data-id=\"e6d1453\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9add521 elementor-widget elementor-widget-text-editor\" data-id=\"9add521\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Read more: <a style=\"color: #000000;\" title=\"trend line\" href=\"https:\/\/farhadsalimi.com\/en\/what-is-the-trend-line-and-its-types-learning-to-draw-ascending-and-descending-trend-lines\/\">What is a trend line and its types? Learning to draw ascending and descending trend lines<\/a><\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9f2ce5e e-flex e-con-boxed e-con e-parent\" data-id=\"9f2ce5e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-01e0f82 elementor-widget elementor-widget-text-editor\" data-id=\"01e0f82\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\">In general, with the aim of selling financial assets or selling digital currency at a higher price in the future and making a profit, investors want to buy it at the price floor. By using technical analysis before entering a position in the market, it is possible to identify suitable price levels.<\/p>\n<p style=\"text-align: justify;\">Of course, every trader uses different indicators based on their preferences and needs. Of course, it should be noted that no technical analysis is useful on its own, nor is it 100% certain.<\/p>\n<audio class=\"wp-audio-shortcode\" id=\"audio-13255-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/podcast\/technical.mp3?_=1\" \/><a href=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/podcast\/technical.mp3\">https:\/\/farhadsalimi.com\/wp-content\/uploads\/podcast\/technical.mp3<\/a><\/audio>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3205eae e-flex e-con-boxed e-con e-parent\" data-id=\"3205eae\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a08cab9 elementor-widget elementor-widget-html\" data-id=\"a08cab9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"75477357168\"><script type=\"text\/JavaScript\" src=\"https:\/\/www.aparat.com\/embed\/QeikT?data%5Brnddiv%5D=75477357168&amp;data%5Bresponsive%5D=yes\"><\/script><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9b7a99f e-flex e-con-boxed e-con e-parent\" data-id=\"9b7a99f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-871323c elementor-invisible elementor-widget elementor-widget-image\" data-id=\"871323c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u0627\u0631\u06cc\u062e\u0686\u0647-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1024x512.jpg\" class=\"attachment-large size-large wp-image-11503\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u0627\u0631\u06cc\u062e\u0686\u0647-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1024x512.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u0627\u0631\u06cc\u062e\u0686\u0647-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-300x150.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u0627\u0631\u06cc\u062e\u0686\u0647-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-768x384.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u0627\u0631\u06cc\u062e\u0686\u0647-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1000x500.jpg 1000w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u0627\u0631\u06cc\u062e\u0686\u0647-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-670x335.jpg 670w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u062a\u0627\u0631\u06cc\u062e\u0686\u0647-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2ff4782 e-flex e-con-boxed e-con e-parent\" data-id=\"2ff4782\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0f351ab elementor-widget elementor-widget-text-editor\" data-id=\"0f351ab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"History_of_technical_analysis\"><\/span>History of technical analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">The first use of technical analysis methods is related to Amsterdam in the 17th century and Japan in the 18th century. The founder of the Wall Street Journal and the creator of the Dow Jones Industrial Average, Mr. <a title=\"Charles Dow\" href=\"https:\/\/en.wikipedia.org\/wiki\/Charles_Dow\" target=\"_blank\" rel=\"noopener\">Charles<\/a> Dow introduced technical analysis.<\/p>\n<p style=\"text-align: justify;\">Mr. Dove was one of the first people to understand similar behaviors among certain assets; Behaviors that followed a certain trend line. The Dow Theory was actually his achievement, which is the basis of today&#8217;s technical analysis.<\/p>\n<p style=\"text-align: justify;\">In the first years of the advent of technical analysis, all calculations were done manually and with primitive methods on paper sheets. With the advancement of technology and the emergence of powerful computer tools for complex and modern calculations, technical analysis expanded faster and is currently considered one of the most important tools for a large part of traders and investors.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Where_did_the_idea_of_%E2%80%8B%E2%80%8Btechnical_analysis_come_from\"><\/span>Where did the idea of \u200b\u200btechnical analysis come from?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">All traders and investors are human and they analyze or predict many events during the day. The person who treated us harshly, did he have any enmity with us? The departure time of the bus is 5, if there is a delay, will we reach the destination on time? The price of gold is lower today, will it be higher tomorrow? All these kinds of questions that pass in our mind are considered a kind of analysis that we do unconsciously.<\/p>\n<p style=\"text-align: justify;\">Usually, most people get emotional in response to such questions; This has caused them to be unable to make the right decisions on their own.<\/p>\n<p style=\"text-align: justify;\">Especially when a decision is likely to change the future of their lives. We see many such situations in the digital currency market; To buy or not to buy? Will the price decrease or increase? This issue caused the emergence of technical analysis.<\/p>\n<p style=\"text-align: justify;\">In digital currency markets, in addition to the feeling of confusion, there is also a feeling of greed and fear. Greed, greed and fear change the process of supply and demand and price movement in financial markets. In fact, greed fuels the demand and fear also increases the supply in the market. However, it is possible to predict this kind of human behavior patterns and with technical analysis it is possible to identify and move in the right direction.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_importance_of_technical_analysis_in_the_digital_currency_market\"><\/span>The importance of technical analysis in the digital currency market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">If you intend to invest in the cryptocurrency market, especially Bitcoin, it is very important to know when to buy Bitcoin and when to sell it. Therefore, you will need to use the methods of predicting the price of Bitcoin and other digital currencies.<\/p>\n<p style=\"text-align: justify;\">However, predicting the price movements of cryptocurrencies is not an easy task. Unfortunately, no one predicts correctly all the time. Many traders have suffered huge losses due to wrong predictions.<\/p>\n<p style=\"text-align: justify;\">Due to the fact that technical analysis is used in order to fluctuate and predict the short-term trend of prices, it is of special importance among the traders of the cryptocurrency market. Operators in these markets try to minimize their error percentage by using this analysis.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Scientific_and_non-scientific_market_analysis\"><\/span>Scientific and non-scientific market analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Maybe someone will say that I only use technical analysis and I am quite successful. In response, I wish this person more and more success. I personally know a person who uses astrology (one of the methods of technical analysis) and even has a book about how to use fortune telling and what share to buy in Scorpio for example. In fact, this is also the case with Elliott Waves theory and Elview software, and the hypothesis behind it is not much different from the methods of astrology and prediction.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-86be843 e-flex e-con-boxed e-con e-parent\" data-id=\"86be843\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-72f9783 elementor-widget elementor-widget-text-editor\" data-id=\"72f9783\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Read more:<a style=\"color: #000000;\" title=\"Elliott waves\" href=\"https:\/\/farhadsalimi.com\/en\/what-are-elliot-waves-types-of-elliott-waves-in-digital-currency\/\">What are Elliot waves? Types of Elliott waves in digital currency<\/a><\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8e2e2d1 e-flex e-con-boxed e-con e-parent\" data-id=\"8e2e2d1\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5575ab9 elementor-widget elementor-widget-text-editor\" data-id=\"5575ab9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Read more: <a style=\"color: #000000;\" title=\"elwave software training\" href=\"https:\/\/farhadsalimi.com\/en\/elwave-software-training\/\">elwave software training<\/a><\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2327532 e-flex e-con-boxed e-con e-parent\" data-id=\"2327532\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d9ba018 elementor-widget elementor-widget-text-editor\" data-id=\"d9ba018\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\">So Mr. <a title=\"Ralph Nelson Eliot\" href=\"https:\/\/ar.wikipedia.org\/wiki\/%D8%B1%D8%A7%D9%84%D9%81_%D9%86%D9%8A%D9%84%D8%B3%D9%88%D9%86_%D8%A5%D9%84%D9%8A%D9%88%D8%AA\" target=\"_blank\" rel=\"noopener\">Ralph Nelson Elliott,<\/a> the inventor of Elliott&#8217;s theory, also reached the hypothesis of Elliott waves based on observing the behavior of market charts and traders. Astrologers have also been able to reach a hypothesis based on the relationship between the moon, Scorpio, Uranus, etc.<\/p>\n<p style=\"text-align: justify;\">But it should be noted that all such methods have a common characteristic and that is their unscientific nature. The scientific method is a method that if any person does it anywhere under the conditions defined for that case and based on its defaults, he will achieve the same result. This is despite the fact that the non-scientific method is a method that will have take and don&#8217;t take.<\/p>\n\n<h3><span class=\"ez-toc-section\" id=\"Is_technical_analysis_scientific\"><\/span>Is technical analysis scientific?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Technical analysis methods are non-scientific; Especially when we work on signal generator indicators, we must pay attention to the fact that the signals created in technical analysis indicators are not valid.<\/p>\n<p style=\"text-align: justify;\">For example, the Relative String Index or (RSI) indicator is a momentum index in the stock analysis index and is one of the famous and popular indicators among chartists. The creator of this indicator, Welles Wilder, also chose buy and sell signals at 30 and 70; Because (RSI) is an indicator that fluctuates between 0 and 100 and is an oscillator.<\/p>\n<p style=\"text-align: justify;\">According to Mr. Welles Wilder, when the (RSI) of the share enters the range below 30, it means that it has entered the oversold range and it is time to buy it. On the other hand, when the share goes above 70, it means it has entered the overbought range and it is time to sell it.<\/p>\n<p style=\"text-align: justify;\">But I personally have not seen any person who was able to work with this indicator and signals provided by Mr. Welles Wilder in the market and be profitable. This means that the RSI indicator is good and even creates good profitability at times, but it is not a scientific method and cannot be relied on with certainty; It may be profitable at one time and cause heavy losses at another time.<\/p>\n<audio class=\"wp-audio-shortcode\" id=\"audio-13255-2\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/podcast\/tahlil-bonyadi.mp3?_=2\" \/><a href=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/podcast\/tahlil-bonyadi.mp3\">https:\/\/farhadsalimi.com\/wp-content\/uploads\/podcast\/tahlil-bonyadi.mp3<\/a><\/audio>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-afcd7b1 e-flex e-con-boxed e-con e-parent\" data-id=\"afcd7b1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1685041 elementor-widget elementor-widget-html\" data-id=\"1685041\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"28132034658\"><script type=\"text\/JavaScript\" src=\"https:\/\/www.aparat.com\/embed\/mUSpH?data%5Brnddiv%5D=28132034658&amp;data%5Bresponsive%5D=yes\"><\/script><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0320dc8 e-flex e-con-boxed e-con e-parent\" data-id=\"0320dc8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-040cc8e elementor-widget elementor-widget-text-editor\" data-id=\"040cc8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Comparison_of_technical_analysis_and_fundamental_analysis\"><\/span>Comparison of technical analysis and fundamental analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">As I mentioned above, technical analysis is unproven and unscientific. But to the same extent, fundamental analysis can be considered a scientific method. Fundamental analysis has an economic method where you treat economics as a science and work on it.<\/p>\n<p style=\"text-align: justify;\">Economic indicators are also used in connection with the rise and fall of a share. These cases have been checked and proven many times and therefore fundamental analysis is always preferable to technical analysis. In fact, in addition to technical analysis, you must also consider fundamental analysis and check the stock based on economic indicators to see if it has the potential to rise or if it has an upward potential.<\/p>\n<p style=\"text-align: justify;\">On the other hand, in expressing the difference between technical and fundamental analysis, it can be said that both methods are used to find the intrinsic value of assets. Technical analysis is suitable for quick decisions and short-term trading; While fundamental analysis has a consensus view of the value and future of a currency and is suitable for long-term investment.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Positive_and_negative_views_on_technical_analysis\"><\/span>Positive and negative views on technical analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Technical analysis is one of the most used methods for buying and selling assets in different financial markets; But according to some experts, this analysis is controversial and unreliable. These people refer to this method as self-fulfilling prophecy and justify their behavior. According to the self-teaching prophecy, something happens when a large number of people have such a belief.<\/p>\n<p style=\"text-align: justify;\">In other words, many people imagine that happening. Critics of this analysis believe that in financial markets, if a large number of investors and traders focus on one type of instrument such as <a title=\"Support and resistance levels\" href=\"https:\/\/farhadsalimi.com\/en\/support-and-resistance-levels-in-technical-analysis\/\">support and resistance levels<\/a> , the probability of its better performance will increase.<\/p>\n<p style=\"text-align: justify;\">On the other hand, there are people who support this analysis who believe that every chartist and graphologist uses his own unique method to analyze charts and in the big picture, it is not possible for many traders to follow the same strategies and indicators for buying and selling.<\/p>\n<p style=\"text-align: justify;\">Although we mentioned the possibility of technical analysis error and its non-scientific nature, I myself use the Elliott Waves technical analysis method. Actually, the technical methods give us a clue so that we can check the direction, support points, resistance points and trends and get a clue whether this chart is up or down.<\/p>\n<p style=\"text-align: justify;\">On the other hand, some technical methods are based on market psychology. For example, the mentioned trends and points of resistance and support are also the lines obtained based on market psychology. Technical analysis is a powerful tool in the hands of analysts; But you should not rely on it alone and give it more weight than it deserves.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Advantages_and_disadvantages_of_technical_analysis_in_digital_currency_market\"><\/span>Advantages and disadvantages of technical analysis in digital currency market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Every tool and analysis, along with the practical features it offers, definitely has some disadvantages. Technical analysis is no exception to this rule in the cryptocurrency market, it has advantages and disadvantages that we mention below:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Advantages_of_technical_analysis\"><\/span>Advantages of technical analysis:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9552c84 e-flex e-con-boxed e-con e-parent\" data-id=\"9552c84\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-51218b6 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"51218b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Identifying price patterns and trend changes<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Possibility of use in short-term trades<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Historical analysis and identification of repetitive patterns<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Using technical indicators to make better decisions<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-25dec57 e-flex e-con-boxed e-con e-parent\" data-id=\"25dec57\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c519915 elementor-widget elementor-widget-text-editor\" data-id=\"c519915\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Disadvantages_of_technical_analysis\"><\/span>Disadvantages of technical analysis:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-79034d9 e-flex e-con-boxed e-con e-parent\" data-id=\"79034d9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6007f0e elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"6007f0e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">High experience required to interpret indicators and patterns<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Lack of basic understanding and ignoring developments and news<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-left\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Limitation in economic and financial analysis of property or company<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-53996d7 e-flex e-con-boxed e-con e-parent\" data-id=\"53996d7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-220e8c8 elementor-widget elementor-widget-text-editor\" data-id=\"220e8c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Technical_analysis_approach\"><\/span>Technical analysis approach<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Technical analysis deals with the study of the current price of a cryptocurrency and the past of an asset, and its main idea is that the price movements of an asset are not accidental and random. In fact, based on this analysis, history repeats itself and current price trends are identified according to price history and formed patterns.<\/p>\n<p style=\"text-align: justify;\">The main core of technical analysis consists of supply and demand and shows an expression of market sentiment in general. In other words, the price of a cryptocurrency or an asset is the result of the pressure of buying and selling, and these pressures are specifically related to the emotions of investors and traders (emotions such as greed or fear).<\/p>\n<p style=\"text-align: justify;\">It should be noted that technical analysis is more effective and reliable in markets where price trends are carried out in a natural way and transactions are formed with high liquidity and volume.<\/p>\n<p style=\"text-align: justify;\">The higher the volume of market transactions, the lower the possibility of abnormal fluctuations and price manipulation, which causes errors in technical analysis signals. In the step-by-step digital currency technical analysis training, concepts such as market sentiments, fomo and jumo, fear and greed, types of prices, support and resistance levels, types of charts and graphs, trading signals, trends and trend lines, <a title=\"Classic patterns of technical analysis\" href=\"https:\/\/farhadsalimi.com\/en\/classical-patterns-of-technical-analysis-and-introduction-of-its-chart-patterns\/\">classic patterns of technical analysis<\/a> and so on. . are very important.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Types_of_charts_in_technical_analysis\"><\/span>Types of charts in technical analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Analyzing price charts and knowing the trading conditions in the financial market is a daunting task. Especially for people who are new to digital currency trading. To perform technical analysis based on price and trading volume, we must use price charts that specify information in an understandable way.<\/p>\n<p style=\"text-align: justify;\">For this purpose, you can use the technical analysis site.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bf9d481 e-flex e-con-boxed e-con e-parent\" data-id=\"bf9d481\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-f052baf e-con-full e-flex e-con e-child\" data-id=\"f052baf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2c19a75 elementor-widget elementor-widget-image\" data-id=\"2c19a75\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"477\" height=\"103\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0633\u0627\u06cc\u062a-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u06a9\u0648\u06cc\u0646-\u062f\u0633\u06a9.jpg\" class=\"attachment-large size-large wp-image-11507\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0633\u0627\u06cc\u062a-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u06a9\u0648\u06cc\u0646-\u062f\u0633\u06a9.jpg 477w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0633\u0627\u06cc\u062a-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u06a9\u0648\u06cc\u0646-\u062f\u0633\u06a9-300x65.jpg 300w\" sizes=\"(max-width: 477px) 100vw, 477px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27ebf51 elementor-widget elementor-widget-text-editor\" data-id=\"27ebf51\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><a title=\"Coindesk website\" href=\"https:\/\/www.coindesk.com\/\" target=\"_blank\" rel=\"noopener\">Coindesk website<\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-447a23d e-con-full e-flex e-con e-child\" data-id=\"447a23d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-aa43aa1 elementor-widget elementor-widget-image\" data-id=\"aa43aa1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"477\" height=\"103\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0633\u0627\u06cc\u062a-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u06a9\u0648\u06cc\u0646-\u0645\u0627\u0631\u06a9\u062a-\u06a9\u067e.jpg\" class=\"attachment-large size-large wp-image-11509\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0633\u0627\u06cc\u062a-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u06a9\u0648\u06cc\u0646-\u0645\u0627\u0631\u06a9\u062a-\u06a9\u067e.jpg 477w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0633\u0627\u06cc\u062a-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u06a9\u0648\u06cc\u0646-\u0645\u0627\u0631\u06a9\u062a-\u06a9\u067e-300x65.jpg 300w\" sizes=\"(max-width: 477px) 100vw, 477px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5019335 elementor-widget elementor-widget-text-editor\" data-id=\"5019335\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><a title=\"Coin Market Cap (CoinMarketCap)\" href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener\">  Coin Market Cap (CoinMarketCap)<\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d3311e7 e-con-full e-flex e-con e-child\" data-id=\"d3311e7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4384c80 elementor-widget elementor-widget-image\" data-id=\"4384c80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"477\" height=\"103\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0633\u0627\u06cc\u062a-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u06a9\u0648\u06cc\u0646-\u0645\u0627\u0631\u06a9\u062a-\u06a9\u0627\u0644.jpg\" class=\"attachment-large size-large wp-image-11511\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0633\u0627\u06cc\u062a-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u06a9\u0648\u06cc\u0646-\u0645\u0627\u0631\u06a9\u062a-\u06a9\u0627\u0644.jpg 477w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0633\u0627\u06cc\u062a-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-\u06a9\u0648\u06cc\u0646-\u0645\u0627\u0631\u06a9\u062a-\u06a9\u0627\u0644-300x65.jpg 300w\" sizes=\"(max-width: 477px) 100vw, 477px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d0faad elementor-widget elementor-widget-text-editor\" data-id=\"0d0faad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><a title=\"Coin Market Cal (CoinMarketCal)\" href=\"https:\/\/coinmarketcal.com\/en\/\" target=\"_blank\" rel=\"noopener\">Coin Market Cal (CoinMarketCal)<\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2a50281 e-flex e-con-boxed e-con e-parent\" data-id=\"2a50281\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b7ada8c elementor-widget elementor-widget-text-editor\" data-id=\"b7ada8c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\">They are among the best digital currency analysis sites.<\/p>\n<p style=\"text-align: justify;\">Most fundamental charts display prices with a line. Such charts show the price at different times. These charts can be used to analyze Bitcoin. Other types of charts used to analyze Bitcoin and other cryptocurrencies include:<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-de9ca1f e-flex e-con-boxed e-con e-parent\" data-id=\"de9ca1f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-935c034 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"935c034\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0634\u0645\u0639\u06cc-Candlestick-Chart-1024x512.jpg\" class=\"attachment-large size-large wp-image-11513\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0634\u0645\u0639\u06cc-Candlestick-Chart-1024x512.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0634\u0645\u0639\u06cc-Candlestick-Chart-300x150.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0634\u0645\u0639\u06cc-Candlestick-Chart-768x384.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0634\u0645\u0639\u06cc-Candlestick-Chart-1000x500.jpg 1000w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0634\u0645\u0639\u06cc-Candlestick-Chart-670x335.jpg 670w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0634\u0645\u0639\u06cc-Candlestick-Chart.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-be1a671 e-flex e-con-boxed e-con e-parent\" data-id=\"be1a671\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d90dc67 elementor-widget elementor-widget-text-editor\" data-id=\"d90dc67\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Candlestick_Chart\"><\/span>Candlestick Chart<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Candlestick charts are one of the most famous types of charts among traders. <a title=\"Candlestick or candlestick chart\" href=\"https:\/\/farhadsalimi.com\/en\/what-is-a-candlestick-chart\/\">Candlesticks or candlestick charts<\/a> display very important information for traders. Each candle in this chart represents the opening price, the lowest and highest trading price and the closing price. Also, the color of the candles also shows whether the closing price is higher than the starting price or not. Usually, green shows a higher end price and red shows a lower end price.<\/p>\n<p style=\"text-align: justify;\">Candlestick charts actually belong to the family of price charts (low close, open high) (OHLC).<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f1beae0 e-flex e-con-boxed e-con e-parent\" data-id=\"f1beae0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-272ba94 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"272ba94\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u062e\u0637\u06cc-Line-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1024x512.jpg\" class=\"attachment-large size-large wp-image-11515\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u062e\u0637\u06cc-Line-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1024x512.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u062e\u0637\u06cc-Line-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-300x150.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u062e\u0637\u06cc-Line-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-768x384.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u062e\u0637\u06cc-Line-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1000x500.jpg 1000w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u062e\u0637\u06cc-Line-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-670x335.jpg 670w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u062e\u0637\u06cc-Line-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-47b7053 e-flex e-con-boxed e-con e-parent\" data-id=\"47b7053\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dc05d68 elementor-widget elementor-widget-text-editor\" data-id=\"dc05d68\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Line_chart\"><\/span>Line chart<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">A line chart allows you to track the price of Bitcoin over a specific period. Traders can recognize the trend of price movement by using a line chart. Of course, it is noteworthy that the focus of the line chart is on the closing prices. Therefore, it is not possible to extract much data about the movement of Bitcoin price during the day.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e57581c e-flex e-con-boxed e-con e-parent\" data-id=\"e57581c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-08a99e0 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"08a99e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0645\u06cc\u0644\u0647\u200c\u0627\u06cc-Bar-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1024x512.jpg\" class=\"attachment-large size-large wp-image-11517\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0645\u06cc\u0644\u0647\u200c\u0627\u06cc-Bar-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1024x512.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0645\u06cc\u0644\u0647\u200c\u0627\u06cc-Bar-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-300x150.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0645\u06cc\u0644\u0647\u200c\u0627\u06cc-Bar-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-768x384.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0645\u06cc\u0644\u0647\u200c\u0627\u06cc-Bar-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1000x500.jpg 1000w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0645\u06cc\u0644\u0647\u200c\u0627\u06cc-Bar-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-670x335.jpg 670w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0646\u0645\u0648\u062f\u0627\u0631-\u0645\u06cc\u0644\u0647\u200c\u0627\u06cc-Bar-Chart-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4e5e202 e-flex e-con-boxed e-con e-parent\" data-id=\"4e5e202\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5485bc4 elementor-widget elementor-widget-text-editor\" data-id=\"5485bc4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Bar_chart\"><\/span>Bar chart<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Although a bar chart is very similar to a line chart, it shows more information to traders than a line chart. A bar chart shows prices in different time periods as rectangles on the axis of bars or lengths. Each bar represents how the price of Bitcoin changes over a period of time.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-92fa317 e-flex e-con-boxed e-con e-parent\" data-id=\"92fa317\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8260fd9 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"8260fd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0645\u0641\u0647\u0648\u0645-\u0627\u0646\u062f\u06cc\u06a9\u0627\u062a\u0648\u0631-\u0648-\u0646\u0642\u0634-\u0622\u0646-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1024x512.jpg\" class=\"attachment-large size-large wp-image-12711\" alt=\"\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0645\u0641\u0647\u0648\u0645-\u0627\u0646\u062f\u06cc\u06a9\u0627\u062a\u0648\u0631-\u0648-\u0646\u0642\u0634-\u0622\u0646-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1024x512.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0645\u0641\u0647\u0648\u0645-\u0627\u0646\u062f\u06cc\u06a9\u0627\u062a\u0648\u0631-\u0648-\u0646\u0642\u0634-\u0622\u0646-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-300x150.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0645\u0641\u0647\u0648\u0645-\u0627\u0646\u062f\u06cc\u06a9\u0627\u062a\u0648\u0631-\u0648-\u0646\u0642\u0634-\u0622\u0646-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-768x384.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0645\u0641\u0647\u0648\u0645-\u0627\u0646\u062f\u06cc\u06a9\u0627\u062a\u0648\u0631-\u0648-\u0646\u0642\u0634-\u0622\u0646-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-1000x500.jpg 1000w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0645\u0641\u0647\u0648\u0645-\u0627\u0646\u062f\u06cc\u06a9\u0627\u062a\u0648\u0631-\u0648-\u0646\u0642\u0634-\u0622\u0646-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644-670x335.jpg 670w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/\u0645\u0641\u0647\u0648\u0645-\u0627\u0646\u062f\u06cc\u06a9\u0627\u062a\u0648\u0631-\u0648-\u0646\u0642\u0634-\u0622\u0646-\u062f\u0631-\u062a\u062d\u0644\u06cc\u0644-\u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-53e8224 e-flex e-con-boxed e-con e-parent\" data-id=\"53e8224\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7075d83 elementor-widget elementor-widget-text-editor\" data-id=\"7075d83\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2> <\/h2>\n<h2> <\/h2>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"The_concept_of_indicator_and_its_role_in_technical_analysis\"><\/span>The concept of indicator and its role in technical analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">In technical analysis, indicators are known as a set of data points that form a guide chart. These charts work with calculations and mathematical formulas and help you predict the market trend based on calculations on the price and volume of past transactions.<\/p>\n<p style=\"text-align: justify;\">In fact, indicators in technical analysis play an important role in predicting the future price and trading opportunities. Usually, traders who are buying and selling digital currency in the short term often use indicators; Because indicators are created to analyze price movements in a short period of time. Long-term investors also use this tool to know the entry and exit points of their transactions.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Types_of_indicators_in_technical_analysis\"><\/span>Types of indicators in technical analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">As we said earlier, the role of the indicator in technical analysis is to use special formulas to predict the market trend. Below I mention the most important indicators used in Bitcoin analysis:<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Simple_Moving_Average\"><\/span>Simple Moving Average<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">One of the common technical analysis indicators is the moving average. The moving average itself has different types, of which the simple moving average is considered the simplest type. As its name suggests, this tool is the simplest way to calculate the average. In the simple moving average, the prices are added together during a certain period of time and divided by the number of periods.<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Bollinger_Bands_or_Bollinger_Bands\"><\/span>Bollinger Bands or Bollinger Bands<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Bollinger bands or Bollinger bands is another tool used by traders, which consists of 2 bands. These two bands move around the center line as a moving average. The Bollinger indicator helps the trader to identify oversold and overbought areas in Bitcoin.<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Relative_Strength_Index\"><\/span>Relative Strength Index<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">The relative strength index is another suitable indicator for technical analysis of Bitcoin. This tool belongs to the family of oscillators. Moving average is used in relative power index calculations.<\/p>\n<p style=\"text-align: justify;\">This tool is used to check the momentum of the Bitcoin market and its power of movement. Relative strength index indicator is considered as a leading indicator from the point of view of some analysts.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2d9b54 elementor-widget elementor-widget-text-editor\" data-id=\"a2d9b54\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span class=\"ez-toc-section\" id=\"Review_of_the_features_of_the_best_Iranian_cryptocurrency_analysis_site\"><\/span>Review of the features of the best Iranian cryptocurrency analysis site<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you are at the beginning of your journey to learn and train as a beginner in cryptocurrency technical analysis, choosing a reputable and reliable source is very important.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6cf0877 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"6cf0877\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"469\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/1-768x469.jpg\" class=\"attachment-medium_large size-medium_large wp-image-15045\" alt=\"\u0622\u0645\u0648\u0632\u0634 \u0645\u0628\u062a\u062f\u06cc \u062a\u062d\u0644\u06cc\u0644 \u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644 \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/1-768x469.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/1-300x183.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/1-1024x625.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/1.jpg 1413w\" sizes=\"(max-width: 768px) 100vw, 768px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4f5239 elementor-widget elementor-widget-text-editor\" data-id=\"c4f5239\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Among Iranian sites, EFEX is one of the top choices for those who want expert information, practical tools, and cryptocurrency consulting services. Below, we\u2019ll explore the features of this site and show you why EFEX can be a great companion on your investment journey. <\/p>\n<p><strong>1. Practical tools for technical analysis<\/strong><br \/> One of the most important points in technical analysis is access to the right tools for analyzing price trends and forecasting the market. With the FEX Wallet platform, the site provides access to advanced charts and detailed market information. These tools help novice users to independently conduct their initial analysis.  <\/p>\n<p><strong>2. Comprehensive training and professional support<\/strong><br \/> Afex has a special section for beginners. These tutorials are designed in simple, step-by-step language so that people with limited knowledge of cryptocurrencies can confidently enter this field. In addition, Afex\u2019s professional support team is always ready to answer your questions and provide expert advice, paving the way for you to learn and invest.  <\/p>\n<p><strong>3. High security and fast service<\/strong><br \/> Another outstanding feature of FEX is its high security in transactions and asset storage. You can safely store your cryptocurrencies in the FEX Wallet and benefit from the fast services of this platform. These features are especially important for novice users so that they can invest with confidence.  <\/p>\n<p><strong>4. Access to daily analytics<\/strong><br \/> Although learning and training a beginner in cryptocurrency technical analysis is essential, having access to ready-made, daily analysis can help you make better decisions. The Afex site offers up-to-date market analysis that you can use as a guide to supplement your knowledge. <\/p>\n<p>The Afex site not only provides a secure and professional platform for trading and storing digital currencies, but also, by focusing on education, providing analytical tools, examining <a href=\"https:\/\/farhadsalimi.com\/en\/classical-patterns-of-technical-analysis-and-introduction-of-its-chart-patterns\/\"><strong><span style=\"color: #0000ff;\">classic technical analysis patterns, and introducing its chart patterns<\/span><\/strong><\/a> , it can be a reliable companion on your path to becoming a professional in the digital currency market.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Which_Iranian_site_is_suitable_for_learning_technical_analysis\"><\/span>Which Iranian site is suitable for learning technical analysis?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you are looking to learn beginner training in technical analysis of digital currencies and want to benefit from reliable and professional resources, we recommend Farhad Moghadam Salimi&#8217;s Crypto School. This site is considered one of the best sources for learning technical analysis in Iran, offering comprehensive and practical courses. <\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e8a001 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"4e8a001\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"417\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/2-768x417.jpg\" class=\"attachment-medium_large size-medium_large wp-image-15042\" alt=\"\u0622\u0645\u0648\u0632\u0634 \u0645\u0628\u062a\u062f\u06cc \u062a\u062d\u0644\u06cc\u0644 \u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644 \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/2-768x417.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/2-300x163.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/2-1024x556.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/2-1536x833.jpg 1536w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/2.jpg 1565w\" sizes=\"(max-width: 768px) 100vw, 768px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-151da50 elementor-widget elementor-widget-text-editor\" data-id=\"151da50\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The features of Farhad Moghadam Salimi&#8217;s Crypto School are as follows:<br \/> &#8211; Providing a digital currency technical analysis training book for deeper study.<br \/> &#8211; Access to high-quality video courses and training videos on digital currency technical analysis.<br \/> &#8211; Introduction and training on using free cryptocurrency technical analysis software for practicing and analyzing the market.<br \/> In addition to providing diverse educational content, this site helps you learn complex technical analysis concepts in simple language and with practical examples. So if you are a beginner and looking to learn professionally, Farhad Moghadam Salimi&#8217;s Crypto School can be a good starting point for you.   <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_should_we_follow_news_from_the_world_of_digital_currency\"><\/span>Why should we follow news from the world of digital currency?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The world of cryptocurrency is changing and evolving at an incredible pace. Following the news and developments in this field can play an important role in your decision-making, especially if you are learning and training a beginner in cryptocurrency technical analysis. <\/p>\n<p><strong>Cryptocurrency News helps you:<\/strong><br \/> <strong>1. Perform technical analysis more effectively:<\/strong> To succeed in technical analysis, in addition to studying charts, it is essential to be aware of new events such as rule changes, announcements of new projects, or important collaborations.<\/p>\n<p><strong>2. Identify new opportunities:<\/strong> Being aware of news allows you to invest earlier than others in projects or currencies that have growth potential.  <\/p>\n<p><strong>3. Reduce risk:<\/strong> Knowing about negative news or sudden market changes can help you make better decisions to protect your capital.  <\/p>\n<p>If you are at the beginning of your journey to learn technical analysis, following reliable news and combining it with beginner training in technical analysis of digital currencies can multiply your chances of success. So, do not underestimate the news in this field and take steps towards effective decisions by combining knowledge and awareness. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Important_tips_for_learning_cryptocurrency_technical_analysis\"><\/span>Important tips for learning cryptocurrency technical analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Learning technical analysis is a key skill for anyone looking to succeed in the cryptocurrency market. If you are new to the field and looking for a beginner\u2019s guide to technical analysis, the following tips can help you progress faster: <\/p>\n<p><strong>1. Learn the Basics Well:<\/strong> To start, it is essential to be familiar with terms and concepts such as candlesticks, support and resistance lines, indicators, and price patterns. Understanding these basic concepts forms the foundation of technical analysis. <\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c929e44 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"c929e44\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"511\" src=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/3-768x511.jpg\" class=\"attachment-medium_large size-medium_large wp-image-15054\" alt=\"\u0622\u0645\u0648\u0632\u0634 \u0645\u0628\u062a\u062f\u06cc \u062a\u062d\u0644\u06cc\u0644 \u062a\u06a9\u0646\u06cc\u06a9\u0627\u0644 \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\" srcset=\"https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/3-768x511.jpg 768w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/3-300x200.jpg 300w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/3-1024x682.jpg 1024w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/3-900x600.jpg 900w, https:\/\/farhadsalimi.com\/wp-content\/uploads\/2024\/02\/3.jpg 1398w\" sizes=\"(max-width: 768px) 100vw, 768px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60b9696 elementor-widget elementor-widget-text-editor\" data-id=\"60b9696\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>2. Use a variety of educational resources:<\/strong> Using resources such as books, educational videos, and online courses can accelerate your learning. If you are just starting out, prioritize beginner cryptocurrency technical analysis training courses. <\/p>\n<p><strong>3. Do practical exercises:<\/strong> Theory alone is not enough. Using free technical analysis software, examine real market data and try to perform your own analyses. Continuous practice will turn your knowledge into skill.  <\/p>\n<p><strong>4. Follow the news and market trends:<\/strong> Technical analysis is most effective when you combine it with awareness of the news and overall market conditions. This will help you make better decisions. <\/p>\n<p><strong>5. Be patient and disciplined:<\/strong> Learning technical analysis is a time-consuming process. Take it step by step with perseverance and discipline, and learn from failures. <\/p>\n<p>Starting with the basics of cryptocurrency technical analysis and focusing on the above points can create a solid foundation for your success in this field.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ea2f662 e-flex e-con-boxed e-con e-parent\" data-id=\"ea2f662\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5005c78 elementor-widget elementor-widget-accordion\" data-id=\"5005c78\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-8391\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-8391\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What are the main hypotheses of technical analysis?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-8391\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-8391\"><p style=\"text-align: justify;\">Based on technical analysis, prices are an expression of related data in the market, whose movement is in the direction of trends and will repeat its history.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-8392\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-8392\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Is technical analysis only suitable for professional traders?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-8392\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-8392\"><p style=\"text-align: justify;\">no This analysis can be used for all levels of traders and even beginners can get help from it.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-8393\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-8393\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Is it enough to use only technical analysis?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-8393\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-8393\"><p style=\"text-align: justify;\">In general, the use of technical and fundamental analysis is suggested together, which, of course, depends on the analyst&#8217;s skill. Many professional analysts only use technical analysis in their trades, and some others also use fundamental analysis.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-8394\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-8394\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is technical analysis and why is it important?  <\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-8394\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-8394\"><p>Technical analysis is a method of predicting prices in financial markets based on past data such as price and trading volume. This method helps traders make more accurate decisions. <\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-8395\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-8395\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What tools do I need for technical analysis?  <\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-8395\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-8395\"><p>To get started, free technical analysis software like TradingView is sufficient. Also, familiarity with indicators and tools like RSI, MACD, and candlestick charts is essential.   <\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-8396\" class=\"elementor-tab-title\" data-tab=\"6\" role=\"button\" aria-controls=\"elementor-tab-content-8396\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">How long does it take to learn technical analysis?  <\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-8396\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"6\" role=\"region\" aria-labelledby=\"elementor-tab-title-8396\"><p>Learning the basic concepts of technical analysis usually takes a few weeks, but full mastery requires consistent practice and further study. Starting with beginner cryptocurrency technical analysis training courses can speed up the learning process. <\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Technical analysis is one of the methods of price analysis using charts in financial and digital markets. Traders use the best technical analysis charts and future price changes to make&#8230;<\/p>\n","protected":false},"author":1,"featured_media":11495,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":{"0":"post-13255","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-videos"},"_links":{"self":[{"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/posts\/13255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/comments?post=13255"}],"version-history":[{"count":0,"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/posts\/13255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/media\/11495"}],"wp:attachment":[{"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/media?parent=13255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/categories?post=13255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/farhadsalimi.com\/en\/wp-json\/wp\/v2\/tags?post=13255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}