Crypto Rally Incoming: Hidden Bullish Divergence

After Tuesday’s (July 16th, 2019) route, the cryptocurrency market has bounced back. Bitcoin still struggling to recover yesterday’s losses – but altcoin market showing strong gains.   Bitcoin Down, Altcoins Up In a rare switch of pace, the altcoin market is showing signs of real strength and recovery after yesterday’s big slaughter while Bitcoin is…

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What is the DOM, Bid and Ask?

  Perhaps one of the most confusing components on many cryptocurrency exchanges charts is the image above. You’ve got these blobs of green and red that converge in the middle and drop off. And then we’ve got these two other rows or columns with red and green and different prices all over the placed and…

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Crypto: Short term Gann Analysis

Gann’s analysis is a multidimensional form of analysis combining time, price and geometry. Gann’s work can be used to identify possible major turns in a market.   Cardano (ADA)   The chart above is Cardano’s weekly chart (ADABTC chart). It has spent the past 14-weeks in a considerable downtrend that has seen Cardano drop from…

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All Hail King Bitcoin: Why BTC Remains #1

Bitcoin has tripled in price since the beginning of the year – a move that not a whole lot of people saw coming – yet this time around altcoins have failed to follow in its footsteps… Why? In this article, we take a deeper look into what might be going on in the minds of…

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Cryptocurrency Ichimoku Analysis

Analysis of new major lows against Bitcoin that could hint at imminent reversals higher.  Cardano (ADA)   Cardano’s daily Ichimoku chart (ADABTC) shows a very strong and persistent drop, but one that may reverse here very soon. Price is currently near the max mean that it travels from the Kijun-Sen before returning higher to test…

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Prediction: Cardano (ADA) 0.26 by 09/26/19

Cardano’s swing structure has been maintained. The next swing is the largest major swing. Cardano’s Mirrored Foldback (augmented) pattern   The chart above shows a series of black and blue vertical lines with some green zig-zagging lines. I have augmented the mirrored foldback pattern to display just the swings instead of the literal swing patterns…

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Altcoin route continues

Another day, another series of YTD and/or all-time lows against Bitcoin   Another day of the Alt-pocalypse Bitcoin continues to stagger and shock not just those involved in the cryptocurrency world, but in the broader trading and investing world as well. Yesterday’s abrupt and rapid drive of Bitcoin towards $13,000 from $11,800 yielded great gains…

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Altcoin markets continues to bleed

The altcoin market continues to lose ground against Bitcoin and the US Dollar. Bitcoin’s rise has been at the expense of the rest of the cryptocurrency market. I am crazy bullish at these levels.   New major lows continue to plague the altcoin markets New all-time and multi-year lows against Bitcoin continue to plague the…

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Crpyotcurrency: When to buy

Continuing the use of Point & Figure charts as a theme for our analysis, we can see clear and objective entries can be found using Point & Figure charts.   Ethereum (LTC)   $10 x 3 P&F Chart Ethereum’s Point & Figure chart is pretty damn awesome looking. There is a clear inverse Head-And-Shoulder formation…

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