Cryptocurrency trading is among the riskiest forms of investing. Market fluctuations require an intimate knowledge of its history and technology, as well as making well-informed decisions with technical analysis tools like crypto charts. To achieve success at cryptocurrency investing, use of technical analysis tools is recommended.
There are various websites that offer these analyses, with some offering free services and others providing premium subscription packages.
Coin Metrics
Coin Metrics provides data on cryptocurrency markets to allow clients to better understand, value, and invest in cryptoassets. Their network data, market data, prices data, indexes data as well as analytics solutions offer advanced risk management.
Coin Metrics was established in Boston, MA in 2017 and employs 7 people, generating $710,000 in annual revenues. Their product is a data-driven blockchain technology platform used by financial institutions as well as members of the general public for monitoring cryptocurrency market trends.
Coin Metrics’ platform features various price metrics, such as open-high-low-close (OHLC) and all-time-high and low (ATHL, ATL). Furthermore, this widget can easily be embedded on websites or applications. Furthermore, Coin Metrics also offers cryptocurrency data via API integration and visualization tools.
IntoTheBlock
IntoTheBlock is a data analytics platform that utilizes machine learning and statistics to provide actionable intelligence on crypto assets. With indicators backed by blockchain and price datasets, this data analytics platform offers fundamental analysis on over nine hundred cryptocurrencies.
Key metrics on this platform include Global In/Out of Money Around Price, which shows different price clusters where users are making or losing money, directly impacting buy and sell orders set by investors.
Addresses’ Profitability is another useful metric provided by IntoTheBlock that measures how much of the total bitcoin supply is held by profitable addresses, which provides insight into potential support or resistance levels in the near future. In addition, other metrics include Total Exchange Inflows & Outflows which also help identify support/resistance levels.
TradingView
TradingView is a leading stock and crypto charting platform used by millions of traders and investors worldwide, featuring free tools for market analysis and socializing in the community as well as backtesting capabilities and an impressive set of indicators.
This site boasts an attractive interface that works efficiently without being plagued with ads. This makes it an excellent option for both novice and advanced users.
Users can create customized alerts based on prices, strategies, and indicators to receive them as visual popups, emails, SMS messages or push notifications on their mobile devices. Advanced users may even use Pine script – a simple coding language – to customize charts and indicators they create themselves – this platform also features a paper trading simulator allowing simulated trades without linking their brokerage account!
Cryptolume
Cryptolume is an excellent platform for traders interested in keeping tabs on price trends in the crypto market. Users can scan over 50 crypto exchanges with this site, choosing any time interval (five-minute, fifteen-minute, one hour, four hours or one day) they prefer and creating customized time interval alerts based on them. Furthermore, this site features many tools for market analysis including trading alerts.
Attracting traders of all levels and experience levels alike, CoinDesk provides comprehensive information on digital assets including traded volume and market cap as well as movements information on top performing currencies and technical analysis made easier and quicker. Plus its user-friendly interface and affordable monthly cost ($19 per month) makes it the ideal tool to help save them time spent researching and scanning markets for opportunities.
Tradytics
Tradytics provides an options order flow feed, enabling users to easily follow large options trades in real time. Furthermore, this feature also monitors unusual options orders by contract and flags contracts that have witnessed multiple large trades that could represent potential trading opportunities.
This platform also offers various data widgets that allow users to filter market information in various ways, including market chatter, the day’s top gainers and losers, correlated coins, market predictions and insider trade alerts.
Our company also offers a Discord bot, which posts trading ideas and research directly into the Discord server. This includes large options sweeps, scalping strategies, trading flow upgrades, analyst upgrades as well as crypto breakouts/signals.
