Investing

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…

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…

Bitcoin: Buy the Dip?

If we’re going into a bull cycle, then the question of whether to BTD (Buy The Dip) needs to be asked. Is the drop in Cryptos from last Friday just…

Bitcoin drops to 9,400 on Binance news, bouncing back towards 10,000

The trading this morning/early afternoon was pretty wild. Everything was moving into consolidation per usual, but then at 10:15 CST, Bitcoin dumped. At 11:00 CST, Bitcoin was trading at 10,041….

Bitcoin forms cup and handle formation, ETH flat

The weekend trade was mostly a bore. However, the strength of Bitcoin’s resilience was exciting. Instead of a long, slow and protracted move south (which has been the norm lately)…

Bitcoin, Ethereum and Litecoin all beyond their downtrends and moving higher

Yesterday I discussed Bitcoin’s position relative to its long-term downtrend angle. I also discussed the probabilities of it moving beyond that line and even higher according to a great number of…