- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
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 Holding Support at $30K, Resistance at $35K
BTC's volume uptick is an initial sign of capitulation, but upside remains limited.
Bitcoin Under Pressure; Support at $27K-$30K
BTC's breakdown is confirmed and upside appears limited.
Bitcoin Breaking Down, Support at $30K
A weekly close below $36,247 could yield further downside targets.
Bitcoin Breaks Bullish Trend Line; US Jobs Data Eyed
An above-forecast U.S. wage-growth figure may revive expectations of a 75 basis point Fed rate hike and bring more volatility to markets.
Bitcoin Dips Below $38K, Support at $30K-$32K
BTC is in danger of breaking below a short-term uptrend.
Bitcoin Downtrend Stabilizes, Resistance at $40K-$43K
Expect choppy price action within the current trading range.
Bitcoin Stalls Below $40K Resistance, Support at $30K-$32K
BTC is at risk of a breakdown as price momentum slows.
Bitcoin Momentum Weakens; Support at $35K-$37K
BTC's trading range could persist into the following week.
