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The Beginner Track provides an introductory overview of the blockchain ecosystem to equip beginners with the fundamental concepts needed to navigate the cryptocurrency space. This course encompasses a series of modules focusing on the basics of blockchain technology, cryptocurrencies, decentralized finance (DeFi), Web3, and trading and investing strategies.
The course consists of educational videos and interactive quizzes to test your knowledge.
The Beginner Track provides an introductory overview of the blockchain ecosystem to equip beginners with the fundamental concepts needed to navigate the cryptocurrency space. This course encompasses a series of modules focusing on the basics of blockchain technology, cryptocurrencies, decentralized finance (DeFi), Web3, and trading and investing strategies.
The course consists of educational videos and interactive quizzes to test your knowledge.
What Is Technical Analysis?
Key Takeaways
Technical analysis (TA) is a method that relies on price history and volume to forecast market trends.
TA can be done with simple support and resistance levels or with a combination of charting indicators like moving averages, RSI, MACD, and Bollinger Bands.
Trading signals can help us identify buying and selling opportunities, but TA indicators can also produce false signals, especially in lower time frames or low-liquidity markets.
It’s important to do risk management and cross-confirmation with other methods to reduce risks.
What Is Technical Analysis?
Key Takeaways
Technical analysis (TA) is a method that relies on price history and volume to forecast market trends.
TA can be done with simple support and resistance levels or with a combination of charting indicators like moving averages, RSI, MACD, and Bollinger Bands.
Trading signals can help us identify buying and selling opportunities, but TA indicators can also produce false signals, especially in lower time frames or low-liquidity markets.
It’s important to do risk management and cross-confirmation with other methods to reduce risks.
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The Beginner Track provides an introductory overview of the blockchain ecosystem to equip beginners with the fundamental concepts needed to navigate the cryptocurrency space.
The Beginner Track provides an introductory overview of the blockchain ecosystem to equip beginners with the fundamental concepts needed to navigate the cryptocurrency space.
Example: meme coins
Meme coins can help illustrate the concept of market sentiment. Let’s take Dogecoin as an example. A lot of Dogecoin’s demand during its bull runs likely came from social media hype (which led to positive market sentiment).
Key Takeaways
Market sentiment reflects the overall mood, feelings, and attitudes of traders and investors toward a cryptocurrency or the market as a whole.
These feelings don’t always reflect an asset or project’s fundamentals but can significantly influence price movements.
Understanding and tracking market sentiment can help traders and investors anticipate price movements, manage risk, and make more informed decisions.