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, Around $51K, Nears Upper Bound of 3-Year Price Trend

Upward-sloping price channel starting in late 2017 on weekly chart shows near-term resistance around $60,000.

Weekly price chart shows long-term channel resistance, with 50-week volume weighted moving average shown in the blue line. (It flattened around 2018, preceding a downtrend).

Markets

The Price Average Is the Line in the Sand for Bitcoin Bulls, Analyst Says

Bitcoin's broader bias remains bullish with prices holding well above the 21-week SMA.

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Markets

Uncharted Territory: How Technical Analysts Are Trading Bitcoin at All-Time Highs

There's a way to trade for with technicals without previous price levels to mark support and resistance levels.

The Fibonacci memorial in Pisa, Italy.

Markets

Citibank Analyst Says Bitcoin Could Pass $300K by December 2021

A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin.

Citibank (TungCheung/Shutterstock)

Markets

Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders

Technical analysis, or the art of divining future price movements from historical data, divides opinion in the crypto world. So does does it offer real insight into the markets?

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Markets

Mayer Multiples: The Metric That Helps Call Bitcoin Bubbles and Bottoms

Identifying speculative bubbles or bearish exhaustion may be possible through the use of a fairly new metric known as the Mayer Multiple.

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Markets

When Bitcoin's Price Breaks Down, It Follows a Pattern

When trying to predict the future price of bitcoin, it's impossible to do so without first looking at its past.

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Markets

Why Traders Should Chart the Entire Crypto Market Cap

The capitalization of the cryptocurrency market can be charted like any other asset and provides unique insight into the bias of the broader market.

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Crypto Trading 101 - Calculating Moving Averages

Learn how crypto traders use moving averages as a tool in their investing arsenal.

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Markets

Bulls Get Relief as Bitcoin Price Beats $6.5K Resistance

Bitcoin's price rose above $6,500 today, offering some respite for the badly battered bulls.

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