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 Downtrend Intact; Support at $37K

A decisive breakout or breakdown could occur this month.

By Damanick DantesMay 2, 2022

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

Bitcoin Momentum Weakens; Support at $35K-$37K

BTC's trading range could persist into the following week.

By Damanick DantesApr 29, 2022

El gráfico semanal de bitcoin muestra el soporte/resistencia (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Holding Support; Resistance at $43K

The current price action is similar to what occurred in 2018-2019.

By Damanick DantesApr 28, 2022

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

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)

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)

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)

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)

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)

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)

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)