Technical Analysis/Trend Analysis (TA)
Technical analysis’s trend analysis method makes use of trend data that was recently observed in order to forecast future stock price movements.
To predict the long-term direction of market sentiment, trend analysis makes use of historical data, such as price movements and trade volume. To determine whether the market is bullish or bearish, technical analysis in the cryptocurrency space involves examining market prices, volume, momentum, and other factors. It can be used to make future predictions, determine levels of support and resistance, and much more.