Technical analysts are professionals who study market data, primarily price and volume, to forecast future price movements of financial assets. They use various tools and charts to identify patterns and trends, helping traders make informed decisions. Their focus is on historical price action rather than the underlying fundamentals of the assets. These analysts often employ indicators like moving averages and relative strength index (RSI) to assess market conditions. By analyzing charts, they aim to predict potential entry and exit points for trades. Technical analysis is widely used in stock markets, forex, and cryptocurrency trading, making it a crucial aspect of modern investing.