Bitcoin

Bitcoin (BTC) support at $5k

Strong attempts to push Bitcoin lower have failed. Dips continue to be bought.     Bitcoin continues to maintain daily closes above the 5000 value area. This continued price action behavior…

February coming in like a Bull?

January ended and brought Bitcoin into a 6th straight month of lower closes and the 7th consecutive month where no monthly high met or exceeded the prior month. Could February…

Cardano, Basic Attention Token and ZCash Analysis

I like the 4-hour Ichimoku charts. For me, they’re a balance between finding a short-term trend change and maintaining a longer frame bias. That is the chart I will be using…

700-day pattern and the 400-day pattern

Technical analysis is consistently showing evidence for the non-randomness of markets. Even the most die hard adherents of the EMH (Efficient Market Hypothesis) are questioning the random walk theory that…

Trader Education: The Renko and Ichimoku Method

Renko, like the Ichimoku Kinko Hyo system by Goichi Hosada, is one of the many traditional Japanese forms of analysis. What differentiates Renko from the more commonly known Japanese candlesticks…

Bullish wicked Renko brick for Bitcoin? YES PLEASE

I haven’t really shown much of any Renko based charts lately, but I think today is a day to review Bitcoin’s Renko chart. It’s oh so very bullish looking.  …

Logarithmic chart of Bitcoin

As a full-time trader, I use a great number of tools in my trading tool chest. Software is one of the greatest tools and I take for granted how much…

Bitcoin Ichimoku Breakouts – need to check multiple time frames

The hourly charts are giving some clear breakout signals in the majority of cryptocurrencies, especially in the top 3 market cap coins (BTC, ETH and XRP). But we need to…

Extreme and all time low oscillator levels add to big bounce

Bitcoin has generated significant activity during the month of November. Sentiment has continued to be ugly for the entire cryptomarket and this has been reflected in the price action. Traders…

Trader Education: Divergences

Trading with Divergences Learning how to trade with divergences can sometimes be a little daunting. Not only do you have to know what the main kinds of divergences are, but…