#PriceTrendAnalysis To see the price trend analysis, you can use several methods that combine technical analysis and market sentiment. There are several ways that you can use as a short-term trader who relies on market sentiment:
1. Technical Analysis
Moving Averages (MA & EMA) → MA 50 and 200 are often used to see short-term & long-term trends. If the price is above MA 50, the trend tends to be bullish.
Trendlines & Support/Resistance → Draw a trend line to see if the price is in an uptrend or downtrend.
RSI (Relative Strength Index) → Determines whether the market is overbought or oversold.
MACD (Moving Average Convergence Divergence) → Measures trend momentum based on signal line intersections.
2. On-Chain Insights
Whale Movements → Check whether whales are accumulating or distributing.
Exchange Inflow/Outflow → If a lot of Bitcoin is entering the exchange, selling pressure could be increasing.
Realized Profit/Loss → If many investors start realizing profits, a price correction could occur.
3. Sentiment Analysis (Market Sentiment Analysis)
News & Social Media → Monitor Twitter, Reddit, or crypto forums to see how market sentiment is developing.
Fear & Greed Index → An index that measures whether the market is in fear or greed.
4. Heatmaps & Order Book Data
Liquidity Zones (Heatmaps) → See price levels with a lot of buy/sell orders on exchanges like Binance or Bybit.
Open Interest & Funding Rates → If open interest is high and funding rates are positive, the market could be too bullish and prone to correction.
For short-term trading, combining technical indicators, on-chain data, and market sentiment can provide a clearer picture of price trends.