Want to get rich from crypto? First, you need to understand Technical Analysis (TA)!

Question

How many people are just waiting for a day to x2, x3 and then go all-in? The result is often disappointment. The reason? Because they don't know how to read charts, they don't understand what the market is really saying.

Technical analysis (TA) is the “translation” of market sentiment. Instead of guessing, you use historical data, prices, and trading volumes to “look ahead” to the next movements. In crypto, where prices can bleed in 5 minutes, there are methods > no methods.

The way to learn English through BTC ( step by step )

Step 1: Identify the trend Looking at the BTC price chart:

Price continuously creates higher highs + higher lows? → Uptrend (bullish)
Price continuously creates lower highs + lower lows? → Downtrend (bearish)
Price fluctuates within a certain “box”? → Consolidation (normal, a move is about to happen)

Step 2: Find support & resistance Support = the price at which BTC or “bounces” up ( exchange ) Resistance = the price level at which BTC is “blocked” (ceiling)

For example: Bitcoin continuously “bounces” at 85,000 USD? That's support. Can't break through 90,000 USD? That's resistance. When the price approaches these levels, there are often “events” that occur.

Step 3: Use smart indicators

🔹 RSI (0-100): Helps determine whether BTC is overbought or oversold:

RSI > 70: Overbought, may pull back
RSI < 30: Oversold, may recover

🔹 SMA 50 & SMA 200: Two “lines” indicate the long-term trend:

SMA50 crosses above SMA200 = Golden Cross (bullish)
SMA50 crosses down SMA200 = Death Cross (bearish)

🔹 MACD: Helps you “catch” momentum changes at the earliest.

Case study: BTC at 88,000 USD

Assuming BTC is at 88,000 USD:

✅ The trend is increasing with higher peaks and higher bottoms.
✅ Strong support at 85,000 USD (bounced up multiple times)
⚠️ Resistance at 90,000 USD ( has been tested many times )
⚠️ RSI = 75 ( is overbought, be careful )
✅ SMA50 above SMA200 (bullish trend still strong)

Strategy:

If RSI is high and the price is close to resistance → Consider selling/taking profits
If BTC surpasses 90,000 USD → It could be a breakout, continue to monitor
If the price drops back to support 85,000 USD → Opportunity to accumulate (buy more)

Golden rule

Good buy signal: Price near support + RSI < 30 + Bullish trend = Your advantage

Good sell signal: Price near resistance + RSI > 70 + Bearish trend = Time to take profit

Conclusion

It is not a silver bullet, but it gives you a clear “frame” instead of just hearing rumors. Starting from the basics: trend → support/resistance → indicators. Then practice, practice, practice.

Remember: Risk management > Profit making. Set stop-loss, only risk a small percentage, and keep learning. With crypto, the skills you learn today can help you avoid a big “red flag” tomorrow.