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.


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...

SOL/USD: Technical Analysis and Trend Potential

10 Oct 2024 1 minute read 0 comments TechTradeMaestro

Yesterday's market downturn impacted the SOL/USD pair, though it remains within its upward trend, with price movement still inside growth lines. At this moment, it’s unclear from the chart whether the price will continue upward or experience a downwa...

XRP/USD Analysis: Volatility, Triangle Formation, and Potential Downward Opportunity

9 Oct 2024 1 minute read 0 comments TechTradeMaestro

The XRP/USD trading pair has been closely following broader market trends and currently exhibits high volatility. This presents a valuable opportunity for traders who capitalize on significant price movements and are actively seeking profit in volati...

DOGEBTC Market Analysis: Short-Term Uptrend and Potential for Growth

8 Oct 2024 1 minute read 0 comments TechTradeMaestro

DOGEBTC is showing some intriguing movements in the market, which might suggest a promising outlook for short-term trading. Despite a slight market drop yesterday, the impact was minimal, indicating a possible stabilization phase following recent flu...

PEPE/USDC: Technical Analysis and Potential Trend Direction

7 Oct 2024 1 minute read 0 comments TechTradeMaestro

After a brief pause, we’re back to monitoring the PEPE/USDC pair, which has been showing signs of growth. Last month, PEPE touched its second support level at 640, marking a significant low point. Since then, the price has been steadily climbing, mov...

Market Reactions Following U.S. Presidential Debate: Focus on XRP/USD Pair

11 Sep 2024 1 minute read 0 comments TechTradeMaestro

After the presidential debate held yesterday in the United States, we’re witnessing some market reactions based on the candidates' statements. It’s important to note that prior to the debate, the market was already trending upwards, providing additio...

XRP/USD: First Weekly Analysis

9 Sep 2024 1 minute read 1 comment TechTradeMaestro

Our first weekly analysis focuses on the XRP/USD pair, where we observe that the long-term trend remains downward. In the past, there was a significant sell-off of XRP, which added pressure to the price. Currently, a triangle pattern is forming on th...

MATIC/USD Analysis: Potential for Trend Reversal

7 Sep 2024 1 minute read 0 comments TechTradeMaestro

Today, we are observing MATIC, which, like other cryptocurrencies, has been in a downward trend, but there are signs of potential reversals on the horizon. Currently, we are closely watching a possible breakout at the $0.37 level, which would be high...