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 Struggles to Hold Support at $27K-$30K

BTC is testing an important support zone, although long-term momentum remains weak.

By Damanick DantesMay 18, 2022

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

Bitcoin Rises to $30K; Resistance at $35K

BTC is on track to register a positive momentum signal on the daily chart.

By Damanick DantesMay 17, 2022

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

Bitcoin Struggles at $27K-$30K Support Zone; Resistance at $35K

BTC's upside appears limited despite short-term support.

By Damanick DantesMay 16, 2022

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

Bitcoin Oversold, Resistance at $33K-$35K

BTC is on track for its first consecutive seven-week decline.

By Damanick DantesMay 13, 2022

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

Bitcoin Holding Support Above $27K; Resistance at $35K-$40K

BTC is oversold and could see a short-term relief bounce.

By Damanick DantesMay 12, 2022

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

Bitcoin Struggles Near $27K-$30K Support Zone

BTC is deeply oversold, but upside appears limited.

By Damanick DantesMay 11, 2022

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

Bitcoin Holding Support at $30K, Resistance at $35K

BTC's volume uptick is an initial sign of capitulation, but upside remains limited.

By Damanick DantesMay 10, 2022

Bitcoin daily chart shows support/resistance levels with volume on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Under Pressure; Support at $27K-$30K

BTC's breakdown is confirmed and upside appears limited.

By Damanick DantesMay 9, 2022

(Archivo de CoinDesk)

Bitcoin Breaking Down, Support at $30K

A weekly close below $36,247 could yield further downside targets.

By Damanick DantesMay 6, 2022

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

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.

By Omkar GodboleMay 6, 2022

Bitcoin's daily chart with technical indicators. (TradingView)

Pageof 71