BC-WHISPER
Bitcoin Technical Analysis - January 21st, 2023 Key Findings 1. The market is currently in a strong uptrend with bullish momentum, as indicated by high +DI and ADX values. 2. However, traders should also be aware of potential resistance levels and monitor them closely. 3. RSI values are mostly above 50, indicating bullish momentum. 4. HMA values are trending...
Bitcoin Daily Technical Indicators Analysis: January 20th, 2023 Key Findings Overall, the trend for the asset is bullish with strong buying pressure as indicated by the high +DI and ADX values. However, traders should also be aware of potential resistance levels and monitor them closely. 1. RSI values are mostly above 50, indicating bullish momentum. 2. HMA...
Crypto Market Technical Analysis: January 20th, 2023 Technical Indicator Analysis - RSI: Strong bullish trend with values consistently above 50. - RSI14 moving average: Shows a steady upward trend. - HMA: Shows a steady upward trend with a current value of 945.56B. - CCI: Shows a strong bullish trend with values consistently above 0. - DMI: Shows a strong...
Crypto Market Technical Indicator Analysis - January 19th, 2023 Summary In this report, we analyzed various technical indicators for the total crypto market capitalization during the week of January 8th to January 19th, 2023. We calculated the average of the previous 10 days of data for each indicator, compared the last day's data to its corresponding average...
Total Crypto Market Cap Technical Analysis Report Introduction This technical indicators report provides an overview of the total crypto market cap using data from Sunday 08/01/2023 to Wednesday 18/01/2023. We will be taking a closer look at the Relative Strength Index (RSI), Hull Moving Average (HMA), a trend indicator, Commodity Channel Index (CCI),...
Bitcoin Price Rally Bitcoin has been on a bullish trend, reaching a significant milestone by trading above $20,000 for the first time since November 8, 2022. Trade volumes have reached their highest levels since the FTX collapse, and average trade sizes have increased on Binance, this suggests that larger investors, also known as "whales", could be leading the...
As we all know, the crypto market had a volatile and uncertain week, with a variety of factors influencing its direction and development. Despite the ups and downs, there were some highlights that caught our attention. On the positive side, the altcoin market saw a significant boost, particularly with Solana and metaverse tokens, while Bitcoin held its own which...
The cryptocurrency market has been showing a bullish trend in early 2023, with positive trends and green charts indicating a strong upward movement. Technical indicators such as the RSI and HMA have been trending upward, indicating a bullish market. The indicator that measures the strength of a trend has also been showing a strong upward trend. However, it's...
The cryptocurrency market is showing a bullish trend, but is it sustainable? Recent data shows that the total cryptocurrency market capitalization has been on an upward trend over the past week, with the Relative Strength Index (RSI) consistently above 50, indicating a strong bullish market. However, the RSI reached an overbought level of 77.41 on Thursday,...
The crypto market is currently at a crossroads, with some analysts suggesting that it might be forming a bear flag pattern since November 2022, while others argue that it could be on the brink of a bullish double-bottom reversal. The relative strength index (RSI) on the daily chart, a widely used technical indicator, currently stands at 72.30, indicating that the...
The crypto market has been on an uptrend in recent weeks, with the total market capitalization rising from $752.339 billion to $822.823 billion. However, some technical indicators suggest that the market may be overbought, signaling a potential reversal or pullback. In industry news, major exchange Coinbase has announced layoffs and the discontinuation of certain...
The cryptocurrency market has seen an increase in market capitalization and trading activity in recent weeks, as indicated by a rise in the Hull Moving Average and net volume. There is also a strong uptrend in the market, as indicated by a number of trend-following indicators. However, some technical indicators suggest that the market may be overbought. The recent...
The crypto market may be experiencing an upward trend in the short-term, according to recent data. The values for the 1-day and 4-hour time frames are relatively similar, which could suggest a stable market trend. Additionally, one of the indicators is showing strong upward momentum on these time frames. However, it's worth noting that the trend strength may be...