Looking into the complexity involved in analysing and understanding TA by novice, some developers have come into scene to offer bail out with their service to encourage the market.
Some of these recommendable tools are as listed below:
- Trading view: The best places for technical analysis charting or group of charts narrative resources.
- RSI hunter: A crypto technical analysis tool showcasing "overbought" or "oversold" according to Relative Strength Index (RSI).
- CryptoAlerts: A cryptocurrency technical analysis tool that sends alerts based on several different indicators.
- Crypto Fear & Greed index: It is not a technical analysis but a tool to check the current market sentiment based on several different data points.
- Multicoincharts: It is a tool that allows trader display multiple charts for different coins on their screen at the same time.
- Babypips: Babypips is a great place for newbies to learn technical analysis and they have educational tools that help with free course.
- BIGCheds: It is a great beginner guide showcasing technical analysis on Twitter.
- @CryptoCred Technical Analysis YouTube Series: A great YouTube series that teaches cryptocurrency technical analysis. Any of these tools are good for those who cannot undergo the stress of mundane learning needed to master the use of TA.
You can give any of them a try at your own risks after DYOR!
