Crypto trading analysis tools allow you to identify key support and resistance levels in the market, spot market trends and make informed decisions at just the right time – they may even come in handy for large trades!
Glassnode stands out as one of the premier crypto analysis sites, providing blockchain metrics and on-chain data analytics as well as price alerts, exchange listing announcements, social indicators and much more.
Messari
Messari Crypto Platform provides comprehensive research services that empower market participants in the dynamic world of crypto assets, from reports and real-time data about cryptocurrency, tokens, and blockchain projects through to analytics tools for analyzing them and making investment decisions. Furthermore, its unique aggregation system enables users to quickly locate relevant information quickly while categorization and priority systems provide users with ways to stay on top of new developments by sorting and filtering events that happen more frequently than expected.
Although most crypto analysis tools concentrate on technical indicators, the best ones also track sociocultural trends. Market movements often depend on perceptions more than technical factors; therefore, it is vitally important to monitor cultural and social developments within cryptocurrency space. Two tools offering such insights include Dash 2 Trade and CoinCheckup – with former providing detailed information about DeFi assets while offering an expansive database of project metadata while the latter being ideal for evaluating NFTs and Metaverse projects.
LunarCrush
LunarCrush provides powerful crypto trading analysis and signals, but it is crucial to employ sound risk management practices when using it. Crypto trading remains highly unpredictable so be mindful when setting position sizes according to your risk tolerance and using stop losses when necessary.
Lunarcrush utilizes social media analysis to gain a real-time snapshot of market sentiment among millions of traders and investors across multiple assets in real time, which allows it to differentiate signal from noise for better trading decisions. Features of the platform include its Galaxy Score that measures coin performance against others on the market and AltRank ranking them relative to all cryptocurrencies; amongst many other metrics.
Users can easily link their wallets to LunarCrush Trade to keep an overview of their holdings in one convenient place, and receive push notifications whenever their wallet transactions occur. This feature helps identify potential security breaches as well as save time by eliminating manual updating of wallets.
TradingView
TradingView is one of the premier data analysis and social network platforms for traders. Offering tools for both fundamental and technical analyses that allow traders to track market trends and identify new opportunities, this platform also features charts for individual symbols as well as whole markets as well as annotation tools for more in-depth charting – an indispensable resource for beginners looking to understand what each indicator means in various contexts.
Users of its social function can tap into an international trading community for trading ideas and tactics, with features including a library of ideas, live chat feature and paper trading to practice without risking real money. Furthermore, the website enables its users to backtest strategies on historical market data to assess their effectiveness before employing them in live trading environments.
CryptoView
Crypto trading can be an intricate and time-consuming process, requiring users to manage funds across various exchange accounts, wallet providers and cold storages. But new service CryptoView seeks to streamline this process by offering an all-in-one cryptocurrency portfolio management solution and promising users a free 30-day trial for testing purposes.
CryptoView leverages API connections to deliver instantaneous synchronization of user accounts with exchange accounts and external wallets, enabling them to manage their exchange balances, opened orders, trading history and portfolio. It provides comprehensive market scan and analysis as well as advanced trading order types like “stop” and “stop-limit” that reduce risk.
This platform also includes features tailored specifically for fund managers and other users who manage multiple portfolios, such as a customizable news aggregator, crypto event calendar and in-browser and email alerts. Furthermore, users are also able to export their portfolios in CSV format for tax reporting purposes.
