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.


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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)

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Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests

Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.

The 14-day RSI has dropped to lowest since March 2020. (TradingView/CoinDesk)

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Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April

Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.

food shopping in brown bags

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Bitcoin's 2023 Bullish Trendline in Focus as Traders Search for Directional Clues

A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows.

Didgeman/Pixabay

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'Altcoin Season' Is Coming, Technical Analysis Suggests

An inverse head-and-shoulders pattern, one of the most trusted bullish price setups, is building in the altcoin market.

(Getty Images)

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What Is Bitcoin's 'Bart' Pattern and Does It Mean BTC Is Heading Towards a Rally?

Squint at the latest price charts and you can see a popular cartoon character from The Simpsons—and portents of a brighter future for crypto.

bart simpson sculpture (mendhak/Wikimedia Commons, modified by CoinDesk)

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Bitcoin Remains Unmoved by Rise in Jobless Claims, Treasury Rates

Treasury yields hit 10-year highs, sounding a note of potential caution for risk markets, cryptocurrencies, but bitcoin continued to be unstirred by macro events.

(Getty Images)

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Crypto Traders Might Want to Track Ether 'Slippage' Indicator. Here's Why

Hyblock's slippage indicator has consistently marked short-term trend changes in the second-largest cryptocurrency this year.

(geralt/Pixabay)

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Bitcoin Sees Little Boost From Fitch Downgrade, Slumps on Binance Contagion

Correlations between movements in the crypto and stocks have turned negative of late.

(Danny Nelson/CoinDesk)

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Bitcoin Looking Oversold, but Any Bounce Could Be Disappointing

Any macro catalysts for bitcoin may have to wait until after Labor Day.

(Getty Images)