Crypto trading analysis can assist investors with making well-informed investment decisions. It involves using data from a cryptocurrency’s blockchain to predict future market trends, helping traders buy low and sell high.
A comprehensive cryptocurrency trading analysis site should feature various tools, including trend lines – these connect multiple high and low price points on a chart – to form an accurate depiction.
Coinmarketcap
Since 2013, Coinmarketcap has become one of the go-to cryptocurrency websites, providing price and market capitalization information for numerous coins as well as news and analysis on market trends. It serves as an indispensable reference when studying crypto assets.
This website strives to alleviate ignorance in the crypto space by offering quality information. It reviews every piece of news and verifies sources, all free-of-charge and available anywhere worldwide.
Coinmarketcap provides current pricing data as well as tracking exchanges by their liquidity and web traffic levels, listing currencies supported and fiat pairs supported on each exchange. Their user-friendly website makes this resource ideal for investors and traders.
Dash 2 Trade
Dash 2 Trade offers reliable and researched information to all traders, without being subject to hype as is so often seen in the crypto market. Their team also manually scores projects against key metrics including team bona fides and legitimacy of presale tokens – providing accurate insights that help traders make informed decisions on trading decisions.
The platform provides traders with various features designed to improve their performance and profitability, including social sentiment analysis, strategy backtesting, tracking whale wallet activity as well as providing a comprehensive cryptocurrency trading analytics dashboard and actionable trading signals.
This platform is powered by an experienced team of professional traders, quantitative analysts and blockchain developers who share in its unique understanding of what its audience requires to thrive in the volatile crypto market.
Nansen
Nansen is an analytics platform that integrates blockchain data with millions of wallet labels in order to help investors distinguish signal from noise and its dashboards provide an overview of how ETH, tokens, and stablecoins move between entities.
Nansen uses Google Cloud infrastructure platform to crunch staggering amounts of trading data that is freely available on the blockchain, to identify crypto movers and shakers. Their algorithms crunch this massive amounts of trading data with astonishing precision to identify crypto influencers who move markets. Their 20% operational expenses are covered by this infrastructure platform alone!
Nansen’s professional NFT tools can be an invaluable asset to traders and collectors of collectible NFT cards, but their use may be daunting for newcomers. Here are a few tips to get you up and running quickly with Nansen.
Cryptowatch
Cryptowatch is a free-to-use trading platform for crypto trading and analysis. Users can connect their exchange accounts and watch lists to keep an eye on digital assets, creating price and volume alerts as needed.
This app is lightning-fast and can display tons of data all on a single page, including time scales, custom text boxes, watches lists, candlestick and bar charts, order books summaries and tick charts.
Users can customize Cryptowatch to meet their personal tastes, such as changing its colors or adding their favorite interface themes. Furthermore, users can leverage correlations to help make informed decisions even during unpredictable market conditions.
Coinigy
Coinigy is a multi-exchange cryptocurrency trading, charting, and portfolio management platform with real-time pricing data for 45 exchanges through CryptoSync technology. Furthermore, over 75 technical indicators are supported and it features an easy user experience via its single pane of glass interface.
User-friendly dashboard reminiscent of conventional trading platforms enables traders to easily locate what they need quickly. Furthermore, this platform allows traders to view charts in various timeframes: five years, one year, three months, one week and one day.
Coinigy provides users with a secure platform that protects their information. Employees must use hardware authentication devices, with all communication encrypted using PGP. Furthermore, Coinigy takes several additional security measures including using multiple layers of encryption for customer data protection.
