Basics of Technical Analysis in Trading
Basics of Technical Analysis in Trading

Basics of Technical Analysis in Trading

Technical analysis is a method of using historical price and trading volume data to predict future market movements. The goal of technical analysis is to identify patterns and trends that can help investors and traders make informed decisions.


Bitcoin Price Analysis: Will It Finally Break the $100,000 Mark?

11 Dec 2024 1 minute read 0 comments TechTradeMaestro

After a short break, we’re back with new cryptocurrency analyses. Bitcoin (BTC) is currently navigating an interesting phase. Having crossed the significant $100,000 level, its price now fluctuates between $90,000 and $100,000 but struggles to establ...

BTC/USD Analysis: Horizontal Trend with Anticipated Future Moves

2 Dec 2024 1 minute read 0 comments TechTradeMaestro

Currently, the BTC/USD market is exhibiting a distinct horizontal trend with no significant upward or downward movement. This situation suggests the market is waiting for enough buying pressure to accumulate before the price makes a decisive mo...

ETH Technical Outlook: Path to $5,000

29 Nov 2024 1 minute read 1 comment TechTradeMaestro

Ethereum (ETH) aims for a new milestone within 11 months, targeting $5,000. Its highest value this year was $4,100 in March, and breaking past key levels is critical. Key Levels to Watch $3,590: Current resistance. A breakout could turn it into su...

Doge: Potential Rise on the Horizon?

28 Nov 2024 1 minute read 0 comments TechTradeMaestro

Doge, one of the most recognizable cryptocurrencies, has been present in the market for many years. Although it started as a joke, Doge has become a serious player in the world of cryptocurrencies. The currency has maintained its popularity, thanks i...

XRP/EUR Analysis: Is a Trend Reversal on the Horizon?

27 Nov 2024 1 minute read 0 comments TechTradeMaestro

  XRP/EUR Analysis: Is a Trend Reversal on the Horizon? Today's analysis of the XRP/EUR pair reveals a triangular pattern, often a precursor to a potential trend reversal. According to the Simple Moving Average (SMA), the current tren...

Will Bitcoin Retrace to a Lower Peak Before Moving Higher?

26 Nov 2024 1 minute read 0 comments TechTradeMaestro

Bitcoin (BTC) remains a focal point for the cryptocurrency market, even as minor corrections spark short-term uncertainty among investors. Today, the market is showing a slight dip, but this should not be seen as a cause for concern. Instead, i...

BTC/USD: Steady Growth Amid Market Anticipation

19 Nov 2024 1 minute read 0 comments TechTradeMaestro

Bitcoin (BTC), the leading cryptocurrency and a barometer for overall market sentiment, is currently showing signs of steady growth. Its performance often sets the tone for how the broader crypto market behaves in the coming days. Current State BTC...

PEPE Token Price Analysis: Current Growth and Projections

15 Nov 2024 1 minute read 0 comments TechTradeMaestro

In recent days, the PEPE token price has demonstrated a strong upward trend, surpassing the expectations of many investors. This growth has seen it break through key resistance levels, pushing the token to new highs. Although a brief price consolidat...

PEPEUSD Analysis: Growth Opportunity After Minor Correction

13 Nov 2024 1 minute read 0 comments TechTradeMaestro

Following the recent U.S. elections, the PEPEUSD pair began an upward trend, drawing attention from many investors. While today’s momentum has slowed, this could be precisely what PEPEUSD needs to regain strength in the coming days. In this analysis,...

SOLUSD Analysis: Boundaries and Movement Scenarios

12 Nov 2024 1 minute read 0 comments TechTradeMaestro

After a brief pause, the market is back in full swing, and Solana (SOL) has once again captured investors' attention. Recently, SOLUSD has experienced significant moves, breaking key levels and signaling the continuation of a strong trend. Curr...