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

Ether Exits Triangular Price Consolidation With 4% Drop

Softer-than-expected U.S. inflation data is needed to save the day for ether bulls.

By Omkar GodboleOct 13, 2022

Ether faces selling pressure ahead of the U.S. CPI report. (Source: TradingView, CoinDesk)

Markets

Bitcoin Technical Indicator Signals Big Moves With Some Traders Getting Ready to 'Sell Volatility'

Options look pricier, one expert said, adding now is the time to sell volatility.

By Omkar GodboleOct 12, 2022

Los traders de bitcoin pronto tendrán lo que más les gusta: volatilidad de mercado.

Markets

Range-Bound Bitcoin Reminds Crypto Twitter of 2018 Lull That Ended With 50% Crash

Prominent crypto commentators say they're worried bitcoin's price consolidation indicates a deeper slide is coming, just as it did four years ago.

By Omkar GodboleOct 3, 2022

Cripto Twitter teme que bitcoin pronto reanude una tendencia bajista más amplia, repitiendo un patrón visto en 2018. (geralt/Pixabay)

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