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Educational content, not investment advice.

Souq Dailyسوق ديليSouq Daily

Lesson 6 of 104:002 Sources

Technical analysis on crypto: what differs from forex

Video coming soon

Presented by NourIn Arabic, with captions. Other languages are coming.

Educational content, not investment advice. Nour explains how markets work. She never tells you what to buy or sell.

Candles, trends, support/resistance and indicators work on any chart, and analysis still gives probabilities, not guarantees. But the crypto market behaves differently.

  • No close: trading runs 24 hours a day, including weekends, so check what time your platform closes the daily candle.
  • Prices and volumes differ between platforms, and wash trades can inflate volume.
  • Moves and wicks are larger: tight stops get hit by normal noise, and RSI can stay overbought for long.
  • Small, thinly traded coins produce unreliable patterns and face manipulation risk.
  • Wider stop means smaller size; favour higher timeframes and liquid assets.

Quick check

Three questions. Pick an answer to see why.

0/3

  1. 1.Why can the daily candle differ between crypto platforms?

  2. 2.You widen your stop-loss because crypto is more volatile. What should happen to position size?

  3. 3.Why are chart patterns on tiny, thinly traded coins less reliable?

Sources

Every fact in this lesson is backed by the sources below.

  1. 1.IOSCO – Issues, Risks and Regulatory Considerations Relating to Crypto-Asset Trading Platforms (FR02/2020)Crypto trading takes place 24 hours a day; lack of effective arbitrage between platforms makes price discovery complex and fragmented; wash trades
  2. 2.CFTC – Customer Advisory: Understand the Risks of Virtual Currency TradingCash market manipulation; most cash markets not regulated; flash crashes

Educational content, not investment advice. Risk warning: trading forex, CFDs, gold and crypto carries a high level of risk and may not be suitable for everyone. You can lose more than you put in. Souq Daily is an education platform. Nothing here is investment advice, a recommendation or an offer, and past performance does not predict future results.