Technical Analysis is useful for buying and selling cryptocurrency, because it uses statistical and mathematical model to have a better understanding of the price and the market. Compare to stocks cryptocurrencies are much more volatile and that are relatively new making hard to determine which project will succeed and which ones will fail.
To benefit from Technical Analysis, it will require using and understanding Fundamental like researching a project and understanding the use case and the purpose behind it. Also have an interest into innovation qualities and technology. Another key factor in deciding which crypto to invest in is who are the members working on the project and finding out the partnership involve. The timeframe to complete project and the amount of capital it will `require. The viability of a crypto project depends largely on its use case and benefits. To make the best decision it is important to do your own research.
Understanding and analysing charts which are very help for price action, overbought or oversold levels, intrinsic value. It also helps with indicating where the market or the price is going. One of the best charts for crypto in the are Japanese Candlestick Chart.
Using colored candlesticks to show the price change on the chart it allows a trader to make price predictions decisions base on the historical movement of the crypto. This can help to enter, exit, increase, or decrease a position in crypto.
You can learn more about Technical Analysis ordering the book or taking some online courses. It is well worth the investment. This will help you gain new skills or even add to your game when you ae ready to make a move into crypto market. But please keep in mind the price predictions are not always accurate and you be
open to risk, because of the possible of selling or buying too early or too late, be victim of a Pump and Dump, Rug Pull, or simply Not Doing Your Research!
Here are a few books to read:
Technical Analysis and Cryptocurrency by Scott Y. Maxwell
Crypto Technical Analysis by Alan John and Jon Law
The Crypto Book by Siam Kidd
Also please visit Coursera, EDX, or Udemy websites if wish to obtain a certification as a crypto business analyst.