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 Weighed Down by $48K Resistance; Support at $43K

Short-term momentum turned negative, which typically occurs during the first week of the month.

By Damanick DantesApr 4, 2022

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

Markets

Bitcoin Holds Support Above $44K; Resistance at $48K-$51K

Upside momentum signals remain intact.

By Damanick DantesApr 1, 2022

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

Markets

Bitcoin's 'Guppy' Indicator Flashes Green for Bulls

While technical studies are aligned bullish, Friday's U.S. jobs report could play spoilsport.

By Omkar GodboleApr 1, 2022

A historically reliable bitcoin price indicator flips bullish (Source: Pixabay)

Markets

Bitcoin Dips From $48K Resistance; Support at $43K

BTC is declining from overbought levels.

By Damanick DantesMar 31, 2022

BTC daily price chart shows support/resistance, with RSI below. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Holding Support Above $46K; Resistance at $48K-$51K

BTC buyers could remain active over the short-term.

By Damanick DantesMar 30, 2022

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

Markets

Bitcoin Holding at $47.5K as It Aims for 8-Day Winning Streak

The crypto is flat on the day, but up 17% since it began heading higher one week ago.

By Angelique ChenMar 29, 2022

Strokes of bitcoin symbol as the ladder.

Markets

Bitcoin Approaching Resistance at $48K-$51K, Support at $45K

BTC appears to be overbought, although pullbacks cold be brief.

By Damanick DantesMar 29, 2022

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

Markets

Bitcoin Breaks Above $46K, Resistance at $48K-$51K

Momentum turned positive for the first time since July, although a significant price rally could be delayed.

By Damanick DantesMar 28, 2022

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

Markets

Bitcoin Could Reach $53K on Triangle Break, Impending Bull Cross, Analysts Say

The cryptocurrency's two-month triangular consolidation ended early Monday with a convincing move to $47,000.

By Omkar GodboleMar 28, 2022

Traders make bullish forecasts after bitcoin's escape from a triangular consolidation . (Source: Pixabay, PhotoMosh)

Markets

Market Wrap: Bitcoin Outperforms as Crypto Bulls Take a Breather

BTC is up 5% over the past week. Analysts expect further upside after a brief pullback in price.

By Damanick DantesMar 25, 2022

(Jared Schwitzke/Unsplash)
of 138

Latest Crypto News

Today
8:06 PM
Neutral
BTC0.00%
Strategy posts $12.54 billion Q1 loss on declining bitcoin price
The price of bitcoin fell from about $87,000 to $68,000 during the first three months of 2026.
6:57 PM
Positive
Drift outlines a recovery plan for users after $295 million DPRK-linked exploit
The lending protocol proposed tokenized claims, a revenue-backed pool and a security overhaul as it works with law enforcement to recover the stolen funds.
6:55 PM
Positive
Tokenization won't disrupt banking rails but improve them, Wall Street executives say
Executives from Citigroup, JPMorgan and DTCC said at Consensus that genuine client demand is driving real-world use of tokenized assets.

Newsletters

Newsletter thumbnail
CoinDesk Headlines
The biggest crypto news and ideas of the day.
Preview
By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.