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: la “cruz bajista” aumenta una perspectiva de resurgimiento alcista

Un indicador bajista sugiere el final del declive del mercado y un pronto renacimiento del mercado alcista.

By Omkar GodboleJul 8, 2022

Un indicador bajista puede ser señal de resurgimiento alcista. (ColiN00B/Pixabay, PhotoMosh)

Markets

Bitcoin 'Bear Cross' Raises Outlook for Bull Revival

A bearish but historically contrary indicator suggests an end to the market decline and a bullish revival ahead.

By Omkar GodboleJul 8, 2022

Un indicador bajista puede ser señal de resurgimiento alcista. (ColiN00B/Pixabay, PhotoMosh)

Markets

Bitcoin Choppy Around $30K, Support at $25K-$27K

Price bounces have been short-lived, indicating a loss of buying strength.

By Damanick DantesJun 7, 2022

Gráfico diario de bitcoin que muestra el soporte/resistencia. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K

BTC's current price range remains intact after several weeks of negative returns.

By Damanick DantesJun 6, 2022

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

Markets

Bitcoin Stuck Below $34K Resistance, Support at $20K-$25K

Short-term price action is stabilizing but expect a rise in volatility.

By Damanick DantesJun 3, 2022

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

Markets

Bitcoin Stabilizes in Tight Trading Range, Resistance at $33K

BTC continues to trade around a midpoint of $30,000 as indicators remain neutral.

By Damanick DantesJun 2, 2022

Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Slips as Relief Bounce Loses Steam, Support at $27K

Long-term momentum remains negative, capping upside moves in price.

By Damanick DantesJun 1, 2022

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

Markets

Bitcoin Relief Bounce Faces Resistance at $33K-$35K

Buyers are reacting to oversold conditions, although upside appears limited.

By Damanick DantesMay 31, 2022

Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Faces Resistance at $33K; Support at $22K-$25K

Volatility could rise, especially if another price breakdown occurs.

By Damanick DantesMay 27, 2022

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

Markets

Bitcoin Pares Earlier Losses; Resistance at $33K

BTC remains in a choppy trading range with limited upside.

By Damanick DantesMay 26, 2022

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
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Latest Crypto News

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