I'm interest in trading but I have no clear idea how to do it in a profitable way. I saw that in some threads technical analysis is very important when trading but the way of doing it was not mentioned. So please can you tell me how to do it? Are there any resources which can be used to learn it?
If there something else which I have to know before trading please let me know.
Well, first of all you need to select some indicators that you believe will make a difference for your trading. There are some simple ones and there are some advanced ones, I guess you can start with simple stuff like Bollinger Band and all that for your first trades and while doing trades that way you can learn the other advanced parts of it.
However, you should know no matter how much a trade looks technical when it is bitcoin and crypto we are talking about there is absolutely no way a technical indicator can give you a heads up about some rich person selling or buying bunch of it all at once and changing the look of the market. There are a lot of those sudden changes going around in bitcoin and you wouldn't wanna be caught up in between that so act quick when buying or selling.