How to Use Technical Analysis in Trading


What is Technical Analysis?

Technical analysis is a tool, or , used to predict the probable future price movement of a security – such as a or currency pair – based on market data.

The theory behind the validity of technical analysis is the notion that the collective actions – buying and selling – of all the participants in the market accurately reflect all relevant information pertaining to a traded security, and therefore, continually assign a fair market value to the


Past Price as an Indicator of Future Performance

Technical traders believe that current or past price action in the market is the most reliable indicator of future price action.

Technical analysis is not only used by technical traders. Many fundamental traders useto determine whether to buy into a market, but having made that decision, then use technical analysis to pinpoint good, low-risk buy entry price levels.

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Today's Cryptocurrency Prices

Below are the current Cryptocurrency Prices

S.N. Name 1h% Price 7d% Market Cap 24h% Volume(24h) Circulating Supply
1
BTC BITCOIN
0.35 % 78,179.37 USD -5.02 % $1,551,681,214,204.10 -6.19 % $35,984,055,821.59 0.00 BTC
2
ETH Ethereum
0.10 % 1,571.38 USD -12.95 % $189,621,968,874.90 -12.95 % $21,736,887,831.30 0.00 ETH
3
USDT Tether
0.01 % 1.00 USD -0.05 % $143,986,436,799.29 -0.03 % $73,826,493,905.05 0.00 USDT
4
XRP XRP
0.32 % 1.92 USD -10.07 % $111,900,715,674.85 -10.34 % $5,135,202,225.90 0.00 XRP
5
BNB BNB
0.69 % 554.93 USD -7.75 % $79,062,233,403.55 -6.41 % $1,681,478,151.17 0.00 BNB
6
USDC USD Coin
0.02 % 1.00 USD 0.02 % $60,344,913,358.54 0.02 % $11,334,180,553.13 0.00 USDC
7
SOL Solana
-0.23 % 105.83 USD -14.96 % $54,460,916,740.62 -11.52 % $3,826,831,920.93 0.00 SOL
8
DOGE Dogecoin
0.72 % 0.15 USD -10.31 % $22,161,139,061.50 -11.66 % $1,263,436,121.44 0.00 DOGE
9
TRX TRON
0.03 % 0.23 USD -0.63 % $21,817,083,104.54 -3.24 % $503,460,459.69 0.00 TRX
10
ADA Cardano
0.60 % 0.57 USD -13.15 % $20,223,665,800.08 -12.33 % $941,159,425.13 0.00 ADA
11
DOT Polkadot
0.50 % 3.68 USD -8.79 % $5,760,094,792.43 -6.83 % $178,571,749.57 0.00 DOT
12
BCH Bit Coin Cash
0.77 % 272.05 USD -8.97 % $5,400,798,075.62 -10.18 % $243,695,411.76 0.00 BCH
13
LTC LITECOIN
0.30 % 70.33 USD -18.18 % $5,313,813,973.74 -14.81 % $654,703,876.65 0.00 LTC
14
STX Stacks
0.76 % 0.53 USD -12.41 % $809,187,386.14 -10.98 % $46,993,610.90 0.00 STX
15
BUSD Binance USD
0.07 % 1.00 USD -0.10 % $57,874,358.97 -0.05 % $5,342,454.61 0.00 BUSD