Ethereum looks to be a mixed bag at the moment. With the weekly 200 period moving upwards slightly, the overall outlook looks positive. However, the 4 hour and daily 200 period moving averages sloping downward as sharply as they are, it would seem to suggest that the market may still move lower before any strong upward price action becomes prevalent. While the...
The current market of BAT seem to be very profitable of time frames of 15 minutes or less using a momentum in the current timeframe with a RSI on the 4 hour for trend direction. Both momentum and RSI are set to 200 periods to identify and catch potential strong upwards movement is the market. Overall, the market looks very good with proper dollar cost averaging...
Using Bollinger bands with momentum on the 1 hour and 4 hour time frames for dollar cost averaging, it seems that Bitcoin is beginning to level out and stabilize in price action. This could be the bottom of this downward trend we have seen since the middle of November of 2021, however, I believe caution needs to be used and careful planning. Based upon the...
CVC (Civic) is a hidden gem with a dark side. With a market cap of only 20.12 M, this coin has quite a good history of scalping, as well as being stuck in a sideways rutt for months. Its an interesting coin to trade simply because of its unique behavior, however, one must understand the risks involved. This coin has a low market cap, so additional care must be...
For many people, XRP hold the hope of being the next Bitcoin. This is an overly optimistic view that I don't see happening in the foreseeable future. Since its inception, it really has stagnated in its over-all growth. For this reason, I don't believe it is a coin that has an appreciable value, as the attached analysis shows. XRP does have trading value though...
Hi, Looking over the last year, it appears BTC may soon start declining again. There are many good indicators that having a bearish outlook may be profitable, at least in the near future. It may even be worth considering dual trading long/short strategies simultaneously to profit from any short term rapid reversals that may ensue. For small capital investors, It...