Here at ITC we don’t want to sell you a dream like some influencers and forex gurus do, we buy and hold projects with strong fundamentals and occasionally use TA to confirm an entry or to find a general long term trend. 

It shouldn’t be used as the sole reason for buying a coin, as there are many other factors, TA just aims to find you a good entry point after you’ve done all other research. Crypto TA isn’t as effective as stocks or forex due to how early the market is and thus its volatility, so take TA in crypto with a grain of salt.

Also known as TA, it can be used for short term and long term forecasting movements in price. The main idea of TA is to be able to recognise a trend, this can be bearish, bullish or horizontal. 

There are many tools and strategies in TA and every trader has their own go to method that works for the way they trade.

When is TA most effective?

TA is most effective when there is sufficient past data points, for example TA on BTC is be more accurate than a newly released coin as BTC has 10+ years of data to analyse.

Depending on how you trade TimeFrame is key, this refers to which scale you use, the most used time frames are the 1W, 1D, 4Hr and 1Hr. Each timeframe has their own use and a different way of conducting TA.

✅ 1W and 1D - Long Term trends

✅ 4Hr and 1Hr - Short Term trends

#TECHNICALANALYSIS