Tools for Crypto Analysis
If you want to do stuff in the crypto space, some websites might help you in this regard. Remember that none of the material presented in this post or any other post is financial advice. So do your own research (DYOR) and do it extensively before selling anything or buying anything.
This is the first place you may want to go to find out about some coin or token or get the whole picture. On the first page, you'll see the list of 100 largest-cap coins or tokens. Cap is short for capitalization. The Market Cap of an asset is the total number of units of that asset that exists multiplied by the price of each unit. Of course in the crypto space, the largest cap belongs to the first one, i.e. Bitcoin. Other than market cap, you'll see the asset's 24h and 7d return on the first page too. If you click on a coin or token, you'll see other information about it including but not limited to its website, social media sites, link to its developer page, exchanges that you can trade it in, its all-time high price (ATH), and many other things.
Coinmarketcap has been acquired by Binance. There is a similar website named Coingecko which offers nearly the same information and it's your choice to use any of them you want.
In Coingecko, on the home page, there is a tab titled "ATH". If you click on it and then click on "since all-time high", you'll see coins that have recently gone to their all-time highs. Breaking a previous ATH can be considered a bullish signal, making the same level a stop-loss (SL) level. This is not financial advice.
2- Tradingview
Tradingview is one of the most used tools in all trading spaces. from stockbrokers to commodity brokers, crypto exchanges, and foreign currency exchanges (ForEx), many of them use Tradingview to offer fully-featured charts to their customers. A lot of trading indicators including the Relative strength index (RSI), MACD, Moving averages (MAs), and so on are offered by Tradingview.
You can choose different time-frames to view the respective chart. For a long-term analysis, you may want to a use daily, weekly, or monthly frame. For shorter ones, you can use 4h, 1h, 30m, 15min, and even 1min time frames. You can use a wide variety of drawing tools. A parallel channel is a tool you may want to use to draw an ascending or descending parallel channel based on high and low points to find support and resistance levels.
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