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.


PEPEUSDC Analysis: Consolidation Ahead?

23 Oct 2024 1 minute read 0 comments TechTradeMaestro

Today we are closely observing PEPEUSDC, where an interesting shift has occurred. Just a few days ago, we witnessed an uptrend, clearly visible in the SMA (Simple Moving Average) and the trendline. However, today we see a change – the market has ente...

SOLUSD Analysis: Moving Towards an Uptrend

22 Oct 2024 1 minute read 0 comments TechTradeMaestro

In recent days, we’ve been observing Solana’s (SOL) price action, which shows signs of approaching an uptrend, despite markets closing slightly in the red yesterday. Two key technical indicators support this outlook. The first reason is the cyan lin...

ETH/USD: Ethereum Surpasses Key Levels, Growth Confirmed!

21 Oct 2024 1 minute read 0 comments TechTradeMaestro

Today, we’re monitoring ETH/USD as Ethereum has surpassed the key level of $2,709, which is a very positive sign for further growth. This increase continues the upward trend from last week, and the current momentum suggests this trend could continue....

XRP/USD: An Affordable Option with Growing Potential

18 Oct 2024 1 minute read 1 comment TechTradeMaestro

Today, we’re focusing on our beloved XRP/USD pair, which currently presents itself as an attractive investment opportunity with a price of $0.5447. What we like about XRP is its affordability, offering great entry points for investors. At the same ti...

BTC/USD: Bitcoin Continues Its Upward Trend!

17 Oct 2024 1 minute read 0 comments TechTradeMaestro

At the beginning of the week, we discussed potential positive shifts for Bitcoin (BTC), and these forecasts are now gradually coming to fruition. Today, BTC has shown stable growth, supported by two key factors, confirming the positive trend: SMA L...

BNB/USD: Continuation of the Upward Trend and Current Market Insights

16 Oct 2024 1 minute read 0 comments TechTradeMaestro

Today, we’re focusing on the fourth largest cryptocurrency by market cap – BNB. When clear upward or downward trends are in place, analyses tend to be shorter as they confirm the established direction. However, regular monitoring helps us identify po...

Will Ethereum (ETH) Break the $2700 Level?

15 Oct 2024 1 minute read 0 comments TechTradeMaestro

After yesterday's optimistic movement in the crypto market, we are focusing this week on leading cryptocurrencies, and today our attention is on Ethereum (ETH). ETH has shown solid growth over the past 24 hours, which leads us to the key question: ca...

BTC/USD: Is It Time for Bitcoin to Rise?

14 Oct 2024 1 minute read 0 comments TechTradeMaestro

Today, we’re analyzing the BTC/USD pair, the leading cryptocurrency worldwide. Although there are high expectations for growth, Bitcoin is currently maintaining a horizontal trend, with price variations within a wide range. Technical indicators l...

BNB/USD: Technical Analysis and Current Trend

12 Oct 2024 1 minute read 0 comments TechTradeMaestro

Today, we're examining the BNB/USD pair, one of the top-ranking cryptocurrencies by market cap. With a current market capitalization of €77.02 billion (as of 12.10.2024), BNB continues to hold its position among the most valuable crypto tokens. On a...

FLOKI/USDT: Technical Analysis and Trend Outlook

11 Oct 2024 1 minute read 0 comments TechTradeMaestro

Today, we’re monitoring one of the most popular meme coins – FLOKI/USDT, which currently ranks fifth in the meme coin category on CoinMarketCap. With a market capitalization of €1.16 billion (as of 11.10.2024), FLOKI continues to attract the attentio...