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

Bitcoin's 'Outside Day' Sets Stage for $70K, Altcoins Break Out: Technical Analysis

Thursday's bullish trading range marks an end of the recent consolidation and a resumption of the rebound from lows under $53,000.

(Giovanni Calia/Unsplash)

Markets

Bitcoin Needs to Top $65.2K to Break Downtrend: Bitfinex

A move above the August high of $65,200 will invalidate the bearish lower highs pattern, analyst at Bitfinex said.

Didgeman/Pixabay

Markets

Monero Nears Major Supply Zone at $180: Technical Analysis

XMR has been locked in a range with $180 as resistance and $100 as a price floor for over two years.

XMR's weekly candlesticks chart. (TradingView)

Markets

A Bitcoin Chart That Offers Hope to Battered Crypto Bulls

Bitcoin's price action since late April seems to have bullish undertones.

Trading screen.

Markets

Bitcoin's 200-Day Average About to Lose Bullish Momentum; NFP Eyed

The average, widely considered a barometer of the long-term trend, has hit stall speed for the first time since October.

(Ri_Ya/Pixabay)

Markets

Crypto for Advisors: Crypto Market - A Week in Review

A recap of the crypto market from August 11th to 17th.

(Annie Spratt/Unsplash)

Markets

Bitcoin's Uptrend Threatened by Looming 'Stochastics' Signal: Fairlead Strategies

The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies.

Alarm, rotating beacon. (Bru-nO/Pixabay)

Markets

Bitcoin More Likely to Fall by $5K Than Rise by Same Amount: Analyst

The BTC market shows signs of seller dominance, FxPro's analyst said.

Despite declining Wednesday, BTC may be in a potential upswing. (Luke Chui/Unsplash)

Markets

Bitcoin Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again

Bitcoin's Bollinger bandwidth has narrowed to levels that have historically preceded volatility explosions.

Bollinger bandwidth can predict increasingly turbulent times for bitcoin. (RitaE/Pixabay)

Markets

Ether's BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis

The trendline connecting 2016 and 2017 lows has consistently offered support since January.

(WOKANDAPIX/Pixabay)