Technical Analysis

Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.


Markets

Ether Breaches 50-Day Average for First Time Since April; Bitcoin Lags

Ether's bounce above the 50-day average may be fleeting, one chartered market technician said.

Ether supera su promedio móvil de 50 días por primera vez en tres meses. (PIX1861/Pixabay)

Markets

Bitcoin Erases Weekly Loss, Eyes Resistance at $22.6K

Bitcoin has reached breakeven for the week, invalidating a major bearish technical setup.

Gráficos diarios y semanales de bitcoin. (TradingView)

Markets

El mercado cripto de $863.000 millones podría terminarse pronto, según múltiplo de Mayer

Los números del segmento cripto probablemente tocaron fondo en junio, con el múltiplo de Mayer cayendo por debajo de 0,5.

El mercado bajista cripto podría estar llegando a su fin. (Source: fda54/Pixabay)

Markets

The $863B Crypto Market May Be Close to Bottom, Mayer Multiple Suggests

The market likely bottomed out in June with the Mayer Multiple dipping below 0.5.

El mercado bajista cripto podría estar llegando a su fin. (Source: fda54/Pixabay)

Markets

Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk

The hedging behavior of bitcoin market makers could exacerbate a price drop if there's a breakdown in the bearish chart pattern.

Emergence of a bear flag on bitcoin's daily chart suggests downside risk. (TradingView)

Markets

Bitcoin: la “cruz bajista” aumenta una perspectiva de resurgimiento alcista

Un indicador bajista sugiere el final del declive del mercado y un pronto renacimiento del mercado alcista.

Un indicador bajista puede ser señal de resurgimiento alcista. (ColiN00B/Pixabay, PhotoMosh)

Markets

Bitcoin 'Bear Cross' Raises Outlook for Bull Revival

A bearish but historically contrary indicator suggests an end to the market decline and a bullish revival ahead.

Un indicador bajista puede ser señal de resurgimiento alcista. (ColiN00B/Pixabay, PhotoMosh)

Markets

Bitcoin Choppy Around $30K, Support at $25K-$27K

Price bounces have been short-lived, indicating a loss of buying strength.

Gráfico diario de bitcoin que muestra el soporte/resistencia. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K

BTC's current price range remains intact after several weeks of negative returns.

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Stuck Below $34K Resistance, Support at $20K-$25K

Short-term price action is stabilizing but expect a rise in volatility.

Bitcoin weekly price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)