money

9500 proving to be hard to break for Bitcoin

Various forms of technical analysis confirm the same resistance areas that Bitcoin is facing. An augmented Square of 52 is used to analyze the current resistance. 9500 proving to be…

Cryptocurrency Buy & Sell Signals (November 5th, 2019)

Long and short entries for this article are found utilizing the Point and Figure chart style.   Bitcoin (BTCUSD) If you’ve looked at any of my past articles identifying entry…

Bitcoin monthly volume remains down

September could turn into the second-lowest volume month of 2019. Monthly volume down significantly. Bitcoin (BTC) Monthly Volume Volume is arguably the most important indicator in technical analysis. This is…

Bitcoin’s Predicted Moves and Price

Bitcoin’s daily volume spike could create a necessary condition for a breakout. Traded price ranges continue to constrict.   Bitcoin’s Bullish Pennant – The Symmetrical Triangle To understand the relevance…

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…

Cryptocurrency Point & Figure Analysis

Point-And-Figure Charts monitor only – no time factor is involved. As such, Point-And-Figure Charts are a price action purists chart style.   Bitcoin (BTC) Bitcoin’s Point & Figure chart confirms…

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…

Trading: Dealing with Pain and Loss

I trade equity futures and forex in addition to cryptos. I’ve got friends who are crazy and trade oil futures – some of them got hit pretty bad today with…

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)…