Welcome to the Long awaited guide that will teach you how to do TA

What is TA or Technical Analysis?

Technical analysis is a tool, or method, used to predict the probable future price movement of a security – such as a stock or crypto currency pair – based on market data.
The theory behind the validity of technical analysis is the notion that the collective actions – buying and selling – of all the participants in the market accurately reflect all relevant information pertaining to a traded security, and
therefore, continually assign a fair market value to the security.

Charting on Different Time Frames

Technical traders analyze price charts to attempt to predict price movement. The two primary variables for technical analysis are the time frames considered and the particular technical indicators that a trader chooses to utilize. The technical analysis time frames shown on charts range from one-minute to monthly, or even yearly, time spans. Popular time frames that technical analysts most frequently examine include:

> 1-15-seconds chart (degens)
> 3-5-minute chart (degens)
> 15-minute chart (conviction)
> Hourly chart (conviction)
> 4-hour chart (conviction)
> Daily chart (majors or large investment)

The time frame a trader selects to study is typically determined by that individual trader’s personal trading style. Intra-day traders, traders who open and close trading positions within a single trading day, favor analyzing price movement on shorter time frame charts, such as the 5-minute or 15-minute charts. Long-term traders who hold market positions overnight and for long periods of time are more inclined to analyze markets using hourly, 4-hour, daily, or even weekly charts.

Price movement that occurs within a 15-minute time span may be very significant for an intra-day trader who is looking for an opportunity to realize a profit from price fluctuations occurring during one trading day. However, that same price movement viewed on a daily or weekly chart may not be particularly significant or indicative for long-term trading purposes.

Fibonacci Retracements

Fibonacci levels are another popular technical analysis tool. Fibonacci was a 12th-century mathematician who developed a series of ratios that is very popular with technical traders. Fibonacci ratios, or levels, are commonly used to pinpoint trading opportunities and both trade entry and profit targets that arise during sustained
trends.

The primary Fibonacci ratios are 0.24, 0.38, 0.62, and 0.76. These are often expressed as percentages – 23%, 38%, etc. Note that Fibonacci ratios complement other Fibonacci ratios: 24% is the opposite, or remainder, of 76%, and 38% is the opposite, or remainder, of 62%.

As with pivot point levels, there are numerous freely available technical indicators that will automatically calculate and load Fibonacci levels onto a chart.

Fibonacci retracements are the most often used Fibonacci indicator. After a security has been in a sustained uptrend or downtrend for some time, there is frequently a corrective retracement in the opposite direction before price resumes the overall long-term trend. Fibonacci retracements are used to identify good, low-risk trade entry points during such a retracement.

For example, assume that the price of stock “A” has climbed steadily from $10 to $40. Then the stock price begins to fall back a bit. Many investors will look for a good entry level to buy shares during such a price retracement.

Technical Analysis for Memecoin Degens

Let's go with real examples,was called at 380k mcap

What you need to do next is you need to draw a line from the left sidebar menu right where the latest ATH is and NEVER buy at or near the ath but instead you need to grab the RULLER tool and check -30% -48% -64% or -78% from ATH, those are usually the retracement zones in memecoins

So basically what you need to do i a bit of patience to get the best entry, the better the entry the safer your entry, more profits, and easier to cut if it goes sideways. In this case it is obvious that the coin has investors and good holders and they are willing to send it to millions. They always grab the dips and the chart is retracing only for about 30% before it gets swept back to a new ath.

Let's check an example of a TA that I did for $fella on $ton here. Basically the lower rectangle is the old accumulation zone, it bounce from there and it found another accumuliation zone, look at them as steps, climbing the steps slowly, for this if the project is old around 48 hours you may uae the 15m timeframe

Most degen charts moon at first and than dev or snipers are getting out which creates a "Burj Khalifa" retrace which is around 80% from ath, this is where 99% of traders are paperhanding and selling their supply. Basically what you need to do based on my research and confidence in trading is that the most confidence degen entry is around 20-50k FDV or market cap. In a shitty market most coins are 300-500k toppers, so if you can get that early entry you're good to go, and yes you can actually take QUICK profits on rugs. You take your profits or take initials and u don't care what happens next

In this situation we have a chart that has retrace after a "double top pattern" and it's going back to the rectangle (first support, accumulation zone post retrace). If your entry was as selected on the image, you need to start selling on pumps in batches like -25% -25% -25% or -50% -40% etc, take DCA profits, never full clips (U WILL MAKE MORE MONEY AND YOUR MOON BAG CAN MAKE U MORE MONEY LATER)

In this scenario if you want to find an entry, I would wait to see how the chart is going to react when it touches the rectangle, will it break the support and go lower? or will it bounce from there, the most ideal buy is somewhere near the bottom suppport as shown on the image below. If you bought here, you're already at 20% profits from your initial investment

and you cut if it goes below the lower line of the rectangle

Now let's see how to draw the perfect lines and how to understand supports aka buy zones post-retracement. I found this totally random coin called AWIF and let's see what I would do in this scenario:

I have used the 5 minute timeframe indicator and I drew a rectangle starting from the bottom of the chart where all of these bottoms are touching and bounce from EXACTLY the same zone each time, what does that mean? That means you had 5 different entries here which is called ACCUMULATION

What you need to understand to become a beast in this game?

This game is PVP (player vs player, person vs person) which means it's degen vs degen, degen vs swing-trader, degen vs investor / whale etc.

All of these three, flipper, swing-trader, investor must have strong chart knowledge and you must know how to read charts FAST. It is very important to know what you're doing and to consistently work on learning more, it's like a game of Tekken or Fifa on Playstation, the more you learn the more goals you will score against your friend right? Or the more you learn how to fight, the more KO's you will have in Tekken, same goes in memetrading, you must increase your versatile knowledge including research, alpha, charting, getting early, network to gain more info etc.

Technical Analysis – Conclusion

Keep in mind the fact that no technical indicator is perfect. None of them gives signals that are 100% accurate all the time.

The smartest traders are always watching for warning signs that signals from their chosen indicators may be misleading. Technical analysis, done well, can certainly improve your profitability as a trader. However, what may do more to improve your fortunes in trading is spending more time and effort thinking about how best to handle things if the market turns against you, rather than just fantasizing about how you’re going to spend your millions.