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 Holds $30K Support After Volatile Shakeout; Resistance at $36K

BTC is up 9% over the past 24 hours.

Ni Damanick DantesHun 23, 2021

Bitcoin four-hour price chart

Bitcoin Finds Support at $30K; Faces Resistance at $36K

BTC is down about 22% over the past seven days.

Ni Damanick DantesHun 22, 2021

Bitcoin daily chart

Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’

Bitcoin’s "death cross" could increase selling pressure into the weekend.

Ni Damanick Dantes, Frances YueHun 18, 2021

Bitcoin 24-hour price chart

Bitcoin Bounce Falls Short at Resistance, Support at $30K-$34K

BTC buyers struggled near $40K resistance this week. Upside appears to be limited.

Ni Damanick DantesHun 18, 2021

Bitcoin daily price chart

Bitcoin Holds Short-Term Support; Faces Resistance at $41K

Upside momentum has been weak, which means the corrective phase from May is not yet complete.

Ni Damanick DantesHun 17, 2021

Bitcoin four-hour chart

Bitcoin Upside Fades, Lower Support at $34K

BTC faces slowing momentum as buyers struggle at resistance.

Ni Damanick DantesHun 16, 2021

Bitcoin hourly chart

Bitcoin Stalls at Resistance; Lower Support at $36K

However, the short-term trend is improving as the daily chart advances from oversold levels.

Ni Damanick DantesHun 15, 2021

Bitcoin four-hour chart

Market Wrap: Bitcoin Sustains 'Musk Jump' as Crypto Sentiment Improves

Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.

Ni Damanick Dantes, Frances YueHun 14, 2021

Bitcoin 24-hour price chart

Bitcoin and Ether Price Indicators Support Near-Term 'Relief Rally'

Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.

Ni Omkar GodboleHun 14, 2021

Bitcoin traders may have hopes for a "relief rally."

Bitcoin Attempts Range Breakout, Faces Resistance at $42K

Bitcoin is attempting to break out of a monthslong range but faces resistance at $40K-$42K.

Ni Damanick DantesHun 14, 2021

Bitcoin four-hour chart

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