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Bitcoin teasing at a major breakout

Key resistance levels continue to be tested. Fake-outs higher and lower have occurred. Bitcoin teasing with a breakout or breakdown                On the chart above, there are two sets of downtrend…

Cryptocurrencies should see a minor throwback

A test of the bull flag breakout would confirm higher prices. Throwbacks are common and even desired.   Total Market Cap Chart The chart above is Tradingview’s aggregate cryptocurrency market cap…

Bitcoin hasn’t done this since January 2016

The US stock market suffered the worst daily loss of 2019. Investors have fled risk on markets and have flown to the Japanese Yen, Silver, Gold… and Bitcoin.   Equity…

Altcoin Buy Setups

Point and Figure Analysis is perfect for identifying key entry zones. Many altcoins are in a position to have Buy Stop orders in place for a major move higher. Cardano (ADA)…

Altcoin Season Imminent?

Strong evidence of a probable and prolonged bull move for altcoins exists. Trade ideas from this week and last week are already up between +10 – 30%   Evidence of…

Bitcoin dropping to 8k is essential

Lower Bitcoin prices are probably necessary and altcoins would benefit.   Bitcoin consolidating, flagging, but under threat Bitcoin has been consolidating over the past four days, with some definite fake-outs…

Bitcoin’s Bullish Signals

Several long and short term signals indicate a renewed bullish trend for Bitcoin. A combination of Gann analysis and the Ichimoku Kinko Hyo system identify bullish continuation moves.   The…

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…

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…

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…