📌 Technical Analysis is a basic tool for every trader📈 With technical analysis you can find market patterns and potential entry points.
There are many tools and methods in technical analysis, but all of them are based on one assumption:
The dynamics of price movement is determined by the psychology of behavior of market participants, who in similar circumstances under the influence of human instincts - greed, herd mentality, fears, etc. - behave in the same way, forming the flows of supply and demand, as well as the degree of imbalance between them. This is what makes it possible to forecast price movements.
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