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 se debilita previo a la decisión de la Fed y los analistas se enfocan en US$18.300 como soporte

Este es el nivel en el que los traders que han tomado posiciones largas podrían retirarse, según un análisis técnico.

By Omkar GodboleSep 20, 2022

El análisis gráfico se enfoca en un nivel de soporte clave cerca de los US$18.300. (geralt/Pixabay)

Markets

Bitcoin's Pre-Fed Weakness Has Chart Analysts Focused on Support at $18.3K

That's a level where traders who have taken long positions may exit, according to one technical analyst.

By Omkar GodboleSep 20, 2022

Markets

First Mover Americas: Bitcoin Now Below $19K as Merge-Fueled Ethereum Classic Hype Unwinds

The latest price moves in crypto markets in context for Sept. 7, 2022.

By Lyllah Ledesma, Omkar GodboleSep 7, 2022

Markets

First Mover Americas: Ether Outshines Bitcoin as Ethereum Merge Nears

The latest price moves in crypto markets in context for Sept. 6, 2022.

By Lyllah Ledesma, Shaurya Malwa, Omkar GodboleSep 6, 2022

ETH was up 7% over the last 24 hours, outperforming BTC. (Chris Gorman/Getty Images)

Markets

First Mover Americas: Bitcoin Languishes Below $20K as Energy Crisis in Europe Worsens

The latest price moves in crypto markets in context for Sept. 5, 2022.

By Lyllah Ledesma, Omkar GodboleSep 5, 2022

Bitcoin's future direction looks cloudy. (David Lucas via Metropolitan Museum of Art, modified by CoinDesk)

Markets

Ether Primed for Pre-Merge Rally After Wedge Breakout

Ether looked north, having exited a falling wedge pattern last week, analysts said. Buyers remained on the sidelines early Monday as Europe's worsening energy crisis zapped risk appetite.

By Omkar GodboleSep 5, 2022

IBIT options look bullish. (LN_Photoart/Pixabay)

Markets

Bitcoin's Weekly Chart Shows Bear Market Likely to Worsen, or Does It?

The upcoming weekly chart bearish crossover has a perfect record of trapping sellers on the wrong side of the market.

By Omkar GodboleAug 23, 2022

A historically contrary indicator is about to flip bearish. (Behnam Norouzi/Unsplash)

Markets

Crypto Twitter Sees 'Bearish Wedge' Pattern in Bitcoin's Price Recovery

The rising wedge – a pattern that has appeared in bitcoin's price charts – has some analysts and traders calling for a renewed sell-off toward $16,400.

By Omkar GodboleAug 16, 2022