Common terms besides analysis in the field of the world of digital currencies:
#Technical Analysis:
Support: A price level from which the price tends to bounce upward.
Resistance: A price level from which the price tends to bounce down.
Trendline: A line connecting successive highs or lows on a chart to determine price direction.
Patterns: Repetitive shapes on the chart that indicate potential price movements, such as a head and shoulders pattern or a triangle pattern.
Technical Indicators: Mathematical tools that use price and historical data to predict price movements, such as the Relative Strength Index (RSI) and Moving Average.
Trading volume: The number of units of a digital currency traded during a specific period of time.
Death Cross: When the short-term moving average crosses below the long-term moving average, indicating a possible price decline.
Golden Cross: When the short-term moving average crosses above the long-term moving average, indicating a possible price increase.
Fundamental analysis:
Market Cap: The total value of all digital currencies in circulation.
Circulating Supply: The number of units available for trading of a particular digital currency.
Max Supply: The maximum number of units that will be issued for a particular digital currency.
Intrinsic Value: The actual value of an asset, regardless of its market price.
Whitepaper: A document describing a particular cryptocurrency's technology, development team, and project goals.
Use Cases: Practical applications for a particular digital currency.
Emotional analysis:
FUD (Fear, Doubt, and Uncertainty): Negative emotions that influence investors' decisions.
FOMO (Fear of Missing Out): Positive feelings that lead to impulsive purchasing decisions.
