Technical Analysis

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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 prices have softened recently after a powerful bull run over the past year.
Ether Uptrend Is Weakening, Could Test Lower Support: Technical Analysis
Ether is facing resistance from all-time-highs and could see lower support, initially around $1,561.
Ether prices have softened recently after a powerful bull run over the past year.

CME Group Headquarters
Ether Trailing Bitcoin Since CME Futures Launch: Technical Analysis
Did the CME's ether futures launch coincide with a market top, relative to bitcoin? It sure looks like it based on the chart pattern.
CME Group Headquarters

Bitcoin's price appears to be climbing again, after a retreat over the past couple weeks.
Bitcoin's Break Above $54K Could Open Path to New Price Record: Technical Analysis
Bitcoin finds support at $50,000, with next resistance seen at $54,000, and then at the all-time high around $58,000.
Bitcoin's price appears to be climbing again, after a retreat over the past couple weeks.

Weekly price chart shows long-term channel resistance, with 50-week volume weighted moving average shown in the blue line. (It flattened around 2018, preceding a downtrend).
Bitcoin, Around $51K, Nears Upper Bound of 3-Year Price Trend
Upward-sloping price channel starting in late 2017 on weekly chart shows near-term resistance around $60,000.
Weekly price chart shows long-term channel resistance, with 50-week volume weighted moving average shown in the blue line. (It flattened around 2018, preceding a downtrend).

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The Price Average Is the Line in the Sand for Bitcoin Bulls, Analyst Says
Bitcoin's broader bias remains bullish with prices holding well above the 21-week SMA.
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The Fibonacci memorial in Pisa, Italy.
Uncharted Territory: How Technical Analysts Are Trading Bitcoin at All-Time Highs
There's a way to trade for with technicals without previous price levels to mark support and resistance levels.
The Fibonacci memorial in Pisa, Italy.

Citibank (TungCheung/Shutterstock)
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin.
Citibank (TungCheung/Shutterstock)

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The Men Who Stare at Charts
The crypto markets are in a permanent state of flux. Meet the traders who know how to read the room.
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Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders
Technical analysis, or the art of divining future price movements from historical data, divides opinion in the crypto world. So does does it offer real insight into the market...
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BTC chart
Mayer Multiples: The Metric That Helps Call Bitcoin Bubbles and Bottoms
Identifying speculative bubbles or bearish exhaustion may be possible through the use of a fairly new metric known as the Mayer Multiple.
BTC chart