First, please acknowledge that our market reports do not by all means give you any investment advice. Please do your own research before reading them and using them for crypto trading purposes.
What are our crypto market reports?
TA4Crypto gathers every 15 minutes information on more than 300 Binance's USDT markets to provide you with an array of technical analysis indicators. You may use them to view information on the market at a single glance and to save some time. Think of it as a tool to find which cryptocurrencies are worth looking at at any given time. Our indicators are accurate, however, you must know what they mean in order to use them. In these next lines, we're going to explain the functionalities of our tool and the signification of all the indicators we provide.
Functionalities of our crypto market reports
Our crypto market reports allow you to:
- Select a list of cryptocurrencies to watch
- Select which indicators to show
- Look for a cryptocurrency in particular
- Sort the table by indicator
Selecting your favorite cryptocurrencies
Our table can, if you wish, only show the coins that interest you the most. To do so, tick the "Filter by coin" box. A "Select coins" button will appear. If you click on it, a popup will display by alphabetical order all the coins that we track. Tick all the coins that interest you, close the popup and then click on the submit button. The market report will reload only showing your preferred coins. To go back to a full market report, simply untick the "Filter by coin box" and submit the form again. All our market reports will display according to your preferences.
Selecting your favorite technical analysis indicators
In a similar fashion, you may wish our market report to only display your favorite technical analysis indicators. To do so, click on the "Select indicators" button. A popup will appear will all the technical analysis indicators we offer. Tick or untick the ones you like, close the popup window, and click on "Submit". Our market reports will now only show your preferred indicators.
Looking for a particular cryptocurrency
All our table is searchable. You may use the "Type a keyword" box to look for a particular currency. Our tables will only show the lines that are related to your keyword.
Sorting the table by technical indicators
The idea behind our technical analysis market reports is that you may compare cryptocurrencies to quickly find investment opportunities. You may for instance wish to find out which USDT market had the highest volume over the last candle. To do so, click on the "Volume" table header. This will sort our table by USDT volume exchanged over the last candle. Another click will reverse the sorting. All our indicators are sortable except the trend line.
Technical analysis indicators on our crypto market reports
In this section, we will briefly introduce you to the wide range of indicators we provide and what they mean. Remember that technical analysis is by no means an exact science and should always be crossed with fundamental analysis before making any investing decision.
Our crypto market reports gathers information on more than 300 USDT markets from Binance every 15 minutes. The first column of the table informs you on which market the table line is about. "BTC" means that the line provides technical analysis information on Binance's BTC/USDT pair.
The Price (USDT) column simply gives you the USDT price of the asset on the close of the last candle.
The Trend column shows you a trendline made of the 14 last recorded prices of the asset at the close of the 14 last candles. If the line is red, the latest price is lower than the first, signalling a decrease. If the line is green, the latest price is higer thant the first, signalling an increase.
Volume (M USDT)
The Volume (M USDT) column gives you for each Binance crypto pair the USDT volume exchanged over the last candle in millions.
Volume ROC (%)
The Volume ROC (%) column lets you know the variation of the volume exchanged between the last two candles. It is computed by the following formula:
[Volume (M USDT)n/Volume (M USDT)n-1 - 1] x 100
The ROC (%) column lets you know how much the price of the cryptocurrency (in USDT) has increased or decreased over the last candle. It is computed by the following formula:
[Price (USDT)n/Price (USDT)n-1 - 1] x 100
Our crypto market technical analysis reports compare the last close price of each cryptocurrency to several Simple Moving Averages. In short, Simple Moving Average are used to smoothen the variations an asset's price. During bullish trends, the SMA lags below the price, while the SMA remains above the price during bearish trends. The idea of this indicator is to compare the price to the Simple Moving Average to allow you to predict how the market is likely to move, or to give you a more accurate idea of the market general trend. A CLOSE/SMA7 (%) of 2 means that the price is 2% above the 7-period SMA. The market might be bullish. We provide you with the most popular SMA: 7, 25 and 99-period. For more information, don't hesitate to check our article on Simple Moving Averages. This indicator is calculated as such:
[Price (USDT)n/SMAXn-1 - 1] x 100
In this indicator, X is the number of the periods used to calculate the Simple Moving Average.
We also compare the last close price of each cryptocurrencies to several Exponential Moving Averages. Although it is somewat similar to our CLOSE/EMAX (%) indicators, some traders prefer Exponential Moving Averages over Simple Moving Averages because EMAs react quicker to price changes. We provide you with the most popular SMA: 7, 25 and 99-period. For more information, don't hesitate to check our article on Exponential Moving Averages. This indicator is calculated as such:
[Price (USDT)n/EMAXn-1 - 1] x 100
In this indicator, X is the number of the periods used to calculate the Exponential Moving Average.
The Relative Strength Index gives you an idea of the market sentiment. If it is above 70, the market is overbought, which could mean that a strong uptrend is happening, or signal an imminent trend reversal. On the contrary, if the RSI is below 30, the market is oversold, which could be the sign of a downtrend or indicate a trend reversal. For more information, don't hesitate to check our article on the Relative Strength Index. In this indicator, X is the number of periods used to compute the RSI.
The Money Flow Index functions in a similar fashion to the RSI, but has the advantage of taking into account variations in exchanged volume as well as price movement. For more information, don't hesitate to check our article on the Money Flow Index. In this indicator, X is the number of periods used to compute the MFI.
The Moving Average Convergence Divergence indicator is calculated with three Exponential Moving Averages : 9-period EMA of the difference between the 12-period EMA and the 26-period EMA of the asset's price. Some traders interpret that this indicator gives a buy signal when the difference of the 2 EMA's of the asset's price crosses over the 9-period EMA of the aforementioned difference. When the difference crosses below the 9-period EMA, some traders consider it a sell signal. We let you know what signal each cryptocurrency pair gave on the previous candle. Remember that technical analysis is not an exact science, and do your own research before buying. For more information, don't hesitate to check our article on the Moving Average Convergence Divergence indicator.
MACD Divergence/CLOSE (%)
The MACD Divergence/CLOSE (%) indicator compares MACD's difference between the 12-EMA and the 26-EMA to the close price of the asset. Crossing this indicator with MACD Cross will let you knwo the strength of the signal. For instance, an MACD Cross buy signal coupled with a strong MACD Divergence/CLOSE (%) suggests that a strong cross occured and that the price went up particularly quickly on the last candle. This indicator is calculated as such:
[MACD Crossn/Price (USDT)n] x 100
The Average Directional Index indicator gives information on the strength of an asset's trend. It is generally considered that a strong trend is occuring when the ADX is over 25. The market is considered trendless when the ADX is below 20. This technical analysis indicator can both reveal uptrends and downtrends. It is thus crucial to couple it with other indicators before making any decision. In this indicator, X is the number of periods used to compute the ADX.
The Normalized Average True Range indicator is used to indicate the volatility of an asset. It is computed by dividing the Average True Range of the asset - how much the price of the asset has fluctuated in the last X candles on average - by the latest close price and multiplying the result by 100. The NATR is thus given in % and allows you to spot the most volatile pairs on our crypto market reports. In this indicator, X is the number of periods used to compute the NATR.