Technical Analysis

Technical Analysis of Bitcoin & Ethereum

Bitcoin (BTC) has rallied ~80% from its low on February 6th and now finds itself moving into the thick of some fairly significant price memory between $10,700 and $12,000: Bitcoin (Daily) 80%-100% rallies are normal even in bear market environments. If Bitcoin is able to move back above $12,000 within the next couple of months …

UPDATE: Two Cryptocurrencies That Are Set To Soar

Three weeks ago I pointed out two cryptocurrencies that I believed were set to soar. Despite a very harsh environment across the crypto space during the last few weeks, Lisk is up ~35%  since I published that article (and at one point  a couple weeks ago Lisk nearly doubled) and Litecoin is down marginally (single …

Everything is Faster in Crypto

Tom Lee, the managing partner and head of research at Fundstrat Global Advisors, put it well when he wrote the following words in a client note published this morning: “What happens in years in equity markets is months in the crypto world.”  We have seen a deep correction in Bitcoin/Cryptocurrencies, however, it is certainly not …

Technical Analysis Primer For Cryptocurrencies

An excellent primer on candlesticks & chart patterns which can be quite useful in trading cryptocurrencies:   However, I would disagree with the above comment  which says “Chart patterns are a way to speculate (predict) future movement…” – chart patterns can help to identify attractive risk/reward trade setups, and they can also help a trader …