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 Could Find Support at $56K-$60K

Upside momentum is starting to slow, especially given recent overbought signals on the charts.

By Damanick DantesNov 11, 2021

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

Markets

Bitcoin Pulls Back From All-Time High, Support Between $63K-$65K

Intraday charts are showing initial signs of upside exhaustion.

By Damanick DantesNov 10, 2021

Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Rally Stalls; Could Find Support at $63K-$65K

Buyers could return on price dips into the Asian trading session.

By Damanick DantesNov 9, 2021

Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)

Markets

ETH-BTC Chart Points to Ether Leadership Ahead

Ether can take lead against bitcoin towards the year-end, one analyst said.

By Omkar GodboleNov 9, 2021

ETH-BTC's weekly price chart Nov 9 (TradingView)

Markets

Bitcoin Breakout May Have Further to Run, Altcoins Also to Gain, FSInsight Says

Litecoin, algorand and chainlink are all likely to strengthen following recent breakouts.

By Will CannyNov 9, 2021

(Shutterstock)

Markets

Bitcoin Holds Support at $60K-$65K, Testing All-Time High

Upside momentum is improving after a two-week consolidation phase.

By Damanick DantesNov 8, 2021

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

Markets

Bitcoin Faces Resistance Near $64K, Support Between $55K-$60K

Upside momentum is slowing, which suggests a period of consolidation could persist in the short term.

By Damanick DantesNov 5, 2021

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

Bitcoin Rangebound, Support Between $58K-$60K Could Stabilize Pullback

Downside appears limited into Asian trading hours.

By Damanick DantesNov 4, 2021

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

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

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

By Damanick DantesOct 29, 2021

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

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

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

By Damanick DantesOct 28, 2021

Bitcoin price chart (CoinDesk, TradingView)
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Latest Crypto News

Today
8:57 AM
Neutral
Quantum Solutions, Hyperscale Data tap crypto treasuries to fund AI data centers
The firm’s board raised the sale cap to 4,375 ETH through Oct. 30, nearly 66% of June holdings, although 3,050 of its remaining ETH is pledged.
8:30 AM
Neutral
BTC0.00%
Bitcoin’s calm is back and so is the setup for a volatility explosion
Bitcoin’s daily price swings have tightened to their narrowest since January, making clean trades harder to find. Here's what could happen next.
Updated 2 hours ago
Live updates: Bitcoin steady as Japan holds rates at 1%, keeping the yen carry trade alive
The Bank of Japan left its benchmark at 1% and Governor Ueda's hawkish signals landed softly, since markets had already priced an October hike. Bitcoin held near $64,000.

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