A detailed guide for beginner traders and investors, explaining what technical analysis is, how to read charts and recognize patterns, use indicators, and what are the pros and cons of this method of market analysis. Technical analysis in trading: how to read charts and what the figures mean Beginner traders and investors often hear about technical analysis,...

... a moderate price forecast for Cardano in May 2025. We will examine Cardano's prospects from a fundamental standpoint – key events, network updates, and market trends – and conduct a technical analysis (ADA/BTC analysis: support, resistance, and chart patterns). Additionally, we will include opinions from analysts and investment firms about the potential price trajectory of ADA/BTC, while highlighting risks and warnings regarding the high volatility of the crypto market. Fundamental Factors Influencing ...

... and potentially increases Ethereum investments—especially from institutional investors—if the execution of the plan goes smoothly. Technical Analysis Following Buterin's announcement, technical traders have noted an increase in uncertainty on ETH charts. At the time of publication, ETH is trading around $1,800–$1,820 (see "ETH Price" on the chart). The past few weeks have been tense: ETH attempted to break above the $1,800–$1,860 zone, but local selling has restrained growth. Indicator ...

... is important to assess the technical picture. Since the beginning of 2025, the Solana token has been in an upward trend: following a peak in January, a correction ensued, but by March and April, the price stabilized and started to rise. The SOL/USDT chart shows a series of higher lows since the start of the year, indicating a gradual recovery of bullish momentum. The price holds above key moving averages – the 50-day and 200-day – which typically indicates a prevailing upward trend. Below, we ...

... Analysis Technical analysis is based on the examination of historical data, such as prices and trading volumes, to predict future price movements. This is one of the most popular methods of analysis in the stock market, and it includes the following tools: Charts and Candlestick Patterns. Charts (line, bar, or candlestick) allow for a visual assessment of price dynamics over a specific period. Candlestick patterns, such as "hammer," "doji," or "engulfing," may signal trend ...