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.

Technical Analysis

Markets

Bitcoin Bounces From $37K Support; Resistance at $40K-$43K

BTC remains in a tight trading range with a loss of upside momentum.

By Damanick DantesApr 27, 2022

Bitcoin four-hour chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Pullback Deepens, Support at $37K

BTC's current pullback is similar to what occurred in September of last year, albeit with weak price momentum.

By Damanick DantesApr 26, 2022

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Holding Support Above $37K; Resistance at $43K

BTC's price range could persist for another week.

By Damanick DantesApr 25, 2022

Bitcoin daily chart shows upper resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Extends Pullback; Support at $37K, Resistance at $46K

BTC has been struggling to sustain positive momentum over the past few days.

By Damanick DantesApr 22, 2022

Bitcoin weekly price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Momentum Strengthens Despite Short-Term Pause

BTC is holding support, similar to what occurred in late March before a 16% price rise.

By Damanick DantesApr 21, 2022

El gráfico de cuatro horas de bitcoin muestra el soporte/resistencia con el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Investors Eye 200-Day Average After Three-Day Rally, Analyst Says

The cryptocurrency's recent bounce from under $40,000 has restored the short-term bullish bias.

By Omkar GodboleApr 21, 2022

Bitcoin looks north after defence of the Ichimoku cloud support. (Pixabay, PhotoMosh)

Markets

Market Wrap: Bitcoin Fades From $42K, Alts Still Ahead as ApeCoin Pumps

BTC was roughly flat over the past 24 hours, compared with a 24% rally in APE.

By Damanick Dantes, Angelique ChenApr 20, 2022

Volatility fades. (meriç tuna/Unsplash)

Markets

Bitcoin Holding Support With Higher Price Lows; Resistance at $46K

There has been a loss of downside momentum on the daily chart, which could keep short-term buyers active.

By Damanick DantesApr 20, 2022

Bitcoin daily chart (TradingView)

Markets

Market Wrap: Altcoins Outperform as Sentiment Improves; Bitcoin Within 'Value Zone'

BTC was up by 2% over the past 24 hours, compared with an 11% rise in RUNE and LUNA.

By Damanick Dantes, Angelique ChenApr 19, 2022

(Drew Beamer/Unsplash)

Markets

Bitcoin Stabilizes Above $40K; Resistance at $43K-$46K

The recovery phase remains intact, albeit within a wide trading range.

By Damanick DantesApr 19, 2022

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
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