charting

Altcoin Rally! Predicted Profit Targets

The altcoin market-cap is up over +5% and Bitcoin remains steady. Altcoins up! Tuesday rally continues! Whether it was more news about Facebook’s Libra coin or an announcement by Well’s…

Bitcoin’s major Ichimoku resistance

We can identify the price action causes of why price is finding it difficult to move higher by analyzing longer timeframes with the Ichimoku Kinko Hyo system.   Bitcoin’s Monthly…

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…

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…

Bitcoin tested major trend resistance

Point and Figure analysis provide clear analysis. Price action only – no volume included. Major trendline tested It’s very easy to get caught up in the minutia of price action,…

Finally! A pullback in Bitcoin!

Slowly rising prices followed by indecision creates uncertainty. Pullbacks are necessary to provide integrity and honesty in a rising market.   Finally, a pullback, bullish conviction to be tested  …

Altcoin Buy Signals for May 21st, 2019

Buy signals for Litecoin (LTC), Cardano (ADA), Holochain (HOT), Polymath (POLY) and 0x (ZRX) using the Ichimoku Kinko Hyo system.   Litecoin (LTC)     Litecoin is sitting in an…

Bulls, Bats, Bitcoin, Mars and the Dollar

A Gartley Pattern, the Bullish Bat will have confirmed completion on the date of July 1st. If we observe the market geometry in the Square of 144, we see a…