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.


Mercados

Bitcoin Holds Support Above $60K, Pushes Back Toward All-Time High

Upside momentum is improving with seasonal strength in the fourth quarter.

Bitcoin daily price chart (CoinDesk, TradingView)

Mercados

Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry

Analysts expect short-term choppiness ahead of the next leg higher.

Bitcoin price chart (CoinDesk, TradingView)

Mercados

Bitcoin Holds Support, Bounces to $61.4K

A potential technical breakdown would expose a support level near $54,000.

Bitcoin's four-hour chart (TradingView)

Mercados

Bitcoin Bull Market Has Plenty of Steam Left, Indicators Suggest

While the bitcoin market valuations may not be cheap, they do not appear overstretched either.

Bitcoin's MVRV Z-score (Glassnode)

Mercados

Ether Tops $4.2K, Eyes Record High

Ether looks north, having breached a five-month downtrend line

Ether's daily chart (TradingView)

Mercados

Bitcoin All-Time High Breakout Could Target $86K, Price Charts Suggest

The world’s largest cryptocurrency’s price has now fully recovered from a near 50% correction earlier this year.

Bitcoin daily price chart (CoinDesk, TradingView)

Mercados

Ether Awaits Price Breakout After Bitcoin’s Record Daily Close

Ether lags bitcoin as the latter nears a record high price.

Ether and bitcoin daily charts (TradingView)

Mercados

Bitcoin Faces Resistance Above $62K After Record Weekly Close

Bitcoin has gained more than 40% this month on speculation the SEC will approve an exchange-traded fund.

Bitcoin's four-hour chart with relative strength index (TradingView)

Mercados

Market Wrap: Bitcoin Reaches $61K as SEC’s ETF Deadline Nears

Bitcoin is inching closer to an all-time high as anticipation builds the U.S. regulator will finally approve one of the many applications it has received.

U.S. Securities and Exchange Commission (Shutterstock)

Mercados

Bitcoin Eases After Rejection at $58.5K, Support at $54K

A key technical indicator signals that upward momentum may be over.

Bitcoin's four-hour chart shows the technical indicator RSI flashing a bearish signal. (TradingView/CoinDesk)