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.

Bitcoin Slides Below $38K, Support Is Above $35K

The pullback could continue into the trading day in Asia.

Door Damanick Dantes2 feb 2022

Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Rangebound Near Support; Resistance at $40K-$43K

Sideways trading between $35K-$40K could persist this week as long-term momentum fades.

Door Damanick Dantes1 feb 2022

Bitcoin four-hour chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Holding Support Above $37K; Resistance at $40K-$45K

BTC's January sell-off could attract short-term buyers.

Door Damanick Dantes31 jan 2022

Bitcoin's four-hour price chart shows support/resistance levels. (Damanick Dantes, CoinDesk)

Bitcoin's 'MACD' Indicator Threatens Long-Term Bullish Bias as Rate Hike Fears Linger

Several Wall Street banks have penciled in five Fed rate hikes for 2022.

Door Omkar Godbole31 jan 2022

Bitcoin's monthly chart with MACD histogram (TradingView)

Bitcoin Holds Support Above $35K; Resistance Near $40K

BTC is stabilizing between $30K and $40K as oversold conditions remain intact.

Door Damanick Dantes28 jan 2022

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

Bitcoin Stuck Below $40K Resistance; Support at $33K

Upside remains limited given the intermediate-term downtrend.

Door Damanick Dantes27 jan 2022

Bitcoin's four-hour price chart shows resistance levels. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Oversold Bounce Faces Resistance at $40K-$43K

Long-term momentum remains very weak and BTC is at a critical point.

Door Damanick Dantes26 jan 2022

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

Bitcoin Rises Above $37K; Resistance at $40K-$43K

A decisive break above $40K is needed to pause the downtrend from November.

Door Damanick Dantes25 jan 2022

Bitcoin's four-hour price chart shows nearby resistance and RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin's Correction Continues for Now, but Eventually It Could Go 'Parabolic,' Says Peter Brandt

Selling pressure is not over yet, although a confirmed shakeout could give way to new highs, according to the chartist.

Door Damanick Dantes25 jan 2022

Bitcoin price chart with volume (Peter Brandt)

Bitcoin-Ether Ratio Hits 3-Month High; Friday's Close Pivotal

The ratio crossed above the 200-day average, signaling continued bitcoin outperformance in the near term.

Door Omkar Godbole25 jan 2022

Bitcoin-ether ratio hits three-month high amid Fed rate-hike expectations. (Fairlead Strategies)

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