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Altcoin market continues to consolidate

Altcoin market continues to move higher. Major breakdown and breakout conditions ahead.   Big bear flag failing to move price lower Last week I wrote about the altcoin market breaking…

Crypto: When Bullish is Bearish

Sharp moves in the altcoin markets have triggered interest in Bitcoin. Bitcoin has moved higher – at the expense of the broader crypto market.   Bullish can be Bearish The…

Altcoins: Short Term Bull Flag

Short term bull flag on the hourly chart for the aggregate altcoin market. Continuation of the short term bull move is necessary for continued higher prices. Altcoin Short-term Bull Flag…

Bitcoin attempting to break out

Strong moves were higher during the New York session. Near term, resistance could trigger a lower move. Strong intra-day moves during Monday New York Session Bitcoin – and the broader…

Altcoin accumulation is massive

Volume Profile is displaying massive amounts of accumulation of altcoins with Bitcoin. Size of these value areas are some of the largest in their history and have achieved those volume…

Bitcoin Prediction: 25.5k around May 2020

Predictions of future price levels can be accomplished using Elliot Wave Theory and applying the corresponding Fibonacci extensions and retracement levels.   Bitcoin’s Elliot Wave Chart There is a myriad…

Crypto monthly charts show big changes ahead

September’s monthly charts show very strong bullish moves. To show evidence of a probable reversal, I am looking at two of the worst performing altcoins: ZRX (0x) and XLM (Stellar)….

Cryptocurrency Point & Figure Buy Signals

Point and Figure Charts are, to borrow from Jeremy Du Plessis, an unambiguous charting style. It is a price action traders purist chart form.   Litecoin (LTC) Believe it or…

Bitcoin: Low Sentiment equals buying time

Trading is much more difficult than buy low, sell high. Social media provides some of the easiest and most robust form of market sentiment.   Buy Low, Sell High? Do…

Bitcoin still out performing every traditional asset

Despite yesterday’s selloff, Bitcoin, Litecoin and Ethereum remain extremely positive. Compared to traditional financial markets, Bitcoin has no peer over the past 5 years.   Bitcoin still positive for 2019…