What you will learn

Welcome to VirtualBacon's course on Technical Analysis and Crypto Trading.

Here are the topics we gonna talk about in this course. 

Understanding Technical Analysis

• Technical Analysis Defined: Learn to analyze historical price and volume data to set price targets.
• Probabilities over Predictions: Technical analysis helps assess probabilities rather than make predictions.

Real-World Application of Technical Analysis in Crypto

• Trade Management and Opportunity Recognition: Use technical analysis for managing trades and recognizing early market signals.
• Strategy for Bitcoin and Ethereum: Navigate market trends in major cryptocurrencies to adjust risk in your portfolio.

The Role of Market Psychology and Supply-Demand Dynamics

• Psychology and Market Dynamics: Gain insights into how market psychology and supply-demand affect price movements.
• Understanding Support and Resistance: Learn why certain price levels hold significance in trading.

Identifying and Trading Trends

• Identifying Market Trends: Skills to identify uptrends, downtrends, and sideways trends.
• Practical Trade Planning: Techniques for planning trades, including determining entry points, stop losses, and take profits.

Practical Trading Strategies and Patterns Recognition

• Trading Patterns and Their Implications: Recognize and understand common trading patterns.
• Case Studies: Real-world examples to illustrate practical applications in crypto trading.

Long-Term Indicators and Market Trends

• Using Long-Term Indicators: Learn to use indicators like the 200-day EMA and 21-week EMA.
• Market Trend Analysis: Strategies to adjust portfolio allocations based on long-term market trends.

Advanced Techniques: Pair Trading and Asset Basket Analysis

• Introduction to Pair Trading: Understand the concept and application of pair trading in the crypto market.
• Asset Basket Analysis: Techniques to analyze a group of assets for overall market performance assessment.

Market Cap Charting and Bitcoin Dominance Analysis

• Market Cap Charting: Utilize market cap charting for a deeper understanding of token valuation.
• Bitcoin Dominance Analysis: Interpret Bitcoin dominance charts for broader market insights.

Risk Management and Avoiding Common Pitfalls

• Risk-to-Reward Calculation: Tools and techniques for evaluating risk before trading.
• The Risks of Leverage Trading: Discussion on the dangers of leverage trading and why it's generally advised against.