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

Raging Bitcoin Bull Market Ahead, According to Key Indicator

The crypto's weekly RSI has crossed above 70, indicating a strengthening of upward momentum.

(Spencer Platt/Getty Images)

Markets

Bitcoin's 'Triangular Consolidation' Is Bullish: Technical Analysis

Such consolidations generally end with an upward breakout, one observer said.

Bitcoin's triangular price consolidation (TradingView/CoinDesk)

Markets

Crypto Market Breadth Widens, Signals Bullish Momentum

Market breadth is a technical analysis technique that gauges the number of tokens participating in bitcoin's rally.

Trading screen

Markets

Bitcoin to Score 'Golden Cross' After 30% Price Surge in 2 Weeks

The forthcoming price pattern would signal a strengthening of bullish momentum.

statue of a bull

Markets

Bitcoin 'Bollinger Bandwidth' Signals Wild Price Swings Ahead

The widely-tracked technical analysis gauge recently tanked to levels that have historically presaged a return of volatility to the crypto market.

(Gustavo Rezende/Pixabay)

Markets

Bitcoin's Rising Dominance Rate Challenges Altcoin Boom From 2021

Bitcoin's dominance rate (index), which measures the top cryptocurrency's share in the total crypto market, touched a 2.5-year high of 52.45% on Monday.

Candle chart with moving average lines

Markets

Ether Flashes Bullish 'DeMark' Signal, Technical Analysis Suggests

DeMark indicators help market participants gauge potential inflection points in market trends and are quite popular among traders.

Ether's price chart (CoinDesk/TradingView)

Markets

Bitcoin Set to Form Death Cross as Dollar Index Teases Golden Crossover

A death cross indicates a potential long-term bearish shift in momentum while a golden cross suggests the opposite.

Police do not cross tape at playground

Markets

Bitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst

At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastic, a signal that has previously marked market peaks.

The stochastic indicator is signaling a loss of upward momentum. (mark1657/Pixabay)

Markets

Ether Heads for 'Death Cross'

A death occurs when an asset's 50-day simple moving average dips below its 200-day simple moving average.

Ether's daily chart (TradingView/CoinDesk)