Technical analysis

The main objective of technical analysis is to predict future price trends based on historical market data. Usually, it is made with charts and other tools to identify patterns in price movements and other market data. They also analyze trading volumes, open interest, and other technical indicators to generate buy and sell signals. These signals are used to identify trends in the market, and investors can use this information to make informed trading decisions.

Some commonly used technical indicators in technical analysis include:

• Moving averages

• Relative strength index (RSI)

• Stochastic oscillators

• Fibonacci'''s retracements.

Technical analysis is widely used by traders and investors in all types of financial markets, including stocks, bonds, commodities, and cryptocurrencies.