An Uptrend, defined by Investopedia describes the price movement when the overall direction is upward. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs. As long as the price is making these higher swing lows and higher...
Keeping it short and simple for this analysis - SANDUSD currently experiencing bearish expansion on Bollinger bands through the lower TFs and appears to be re-testing bottom support @ the $4.30 in the coming days. Right now, price is sitting @ $4.60 and is bleeding down to lower levels with rest of crypto for the time being. If the $4.30 level does not...
Understanding 2022's Relation to the 2024 Bitcoin Halving
January 15, 2022
Current Bitcoin Price: $43k
Bitcoin's Halving Cycle
As I've mentioned since 2017, BTC halving events are fascinating - many know the past events have started with a trend low roughly 2.5Y prior, and finish approx. 1.5y at a new ATH. That trend...
This will be an analysis I hope to continue over the next few months, as it is currently well above my understanding.
To have a fundamental understanding of what this chart means, I highly recommend reading this article by economist Martin Armstrong. The cycles relevant to this chart are found on page 25....
ETH-USD appears to be on the verge of a macro trend reversal and will confirm the trend change with a higher high or reclaiming of $300 price levels.
Chart includes description of the
Buying Climax from previous uptrend
Selling Climax in previous downtrend
Buying/Selling Reversal thereafter, confirming potential trend change
Follow details on chart...
Looking at LTC heading into the upcoming week of April 20th - price currently at $42.50.
Consolidation down at any point needs to stay above $37. If that breaks, we're looking at a massive dump to sub $35
Bull continuation looks probable, and $45 would be the only threat before we potentially climb as high as $48 by the beginning of May. this could likely...
Bitcoin , sitting at $9500 at the time of this analysis, is sitting on the uptrend side of the Bollinger basis, and all micro frames < 1D showing indications of continued buying support.
This analysis is clear cut and suggest BTC will soon be above $10k and potentially half-way to $20k by the time we get though August. The summer is usually a dead season /...
In align with the .01 and .008 expectation levels I expect LTCBTC to fall to, the USD value will also fall as the overall crypto market continues to deflate.
LTCUSD showing bearish expansion of the Bollinger Bands across majority of lower timeframes and is now clearly below the basis and middle BB on the 2wk. The lines of support that will logically be next in...
Taking a look over on the Twitter side of the world, I see several reasons to love this stock at the moment and below I've highlighted the fundamental and technical components that make it a no-brainer to long.
1 — On a technical level, various of the Mid-High TF's are showing strong volume + bullish RSI divergence at this $60.00 level, which is...
Brief Analysis + Prediction of Litecoin vs USD
It's been 3+ years since LTCUSD touched an all-time high of just over $420 on Coinbase (Bitfinex chart shown here for length of price history). Some have even began to describe Litecoin as an 'old' or a 'boomer' coin, although these claims often come from the inexperienced, uneducated and likely soon...
Bitcoin Monthly TF Analysis
Historic RSI Trend
January 2, 2021
Taking a look at the Bitcoin Monthly Chart, shown here as Brave New Coins BLX Index, it becomes incredibly clear why the 1M Trend is one of the primary indicators many should be tracking on a macro level.
With the price sitting at a lovely $30k, we are now reaching new highs that...
$100,000 BTC should be in the back of your mind if it isn't already. Scoffing at the idea? You aren't alone. But with price sitting at $16.6k at this moment, and a historic tendency to break all-time highs after reaching them, one has to consider the logic on what the next trend high looks like, as we approach the current all-time high of $19.5k.
In November 2020, Bitcoin rose to a local high of $19.5k USD, challenging the all-time high set in December 2017. The run to $19.5k in 2020 occurred after a March low of $3.5k, and was highlighted by an impressive jump from around $10k-$19.5k in the Sept-Nov months.
Look for these ranges listed below. Support ranges 2-3 will put this period...
Evaluating the historic change in the VIX from the 1992, 1996, 2000, 2004, 2008, 2012 and 2016 elections we can see that Q4 of each election year is a downtrend and results in lower volatility until the inauguration in January of the ensuing year, regardless of the result.
**CLINTON ADDED To chart AFTER POST PUBLISHING**
Will 2020 be different?
Initial 6 months after each event, the % gained over length of time is eerily similar.
There appear to be different structures of uptrend after each the 2016 and 2020 halving events, but the percentages and over the length of time are noticeably similar in their result.
As it stands, it's agreeable the numbers are at least similar. BUT, If Bitcoin...
Short - Medium Term Analysis
Look for potential rise out of NEO as it retests the lower portion of its weekly res-zone.
If blocked, a dip wouldnt be unlikely on NEOBTC from its current price of .00112 sats, with strong support located at its weekly low-bband at .00109 sats
Any bounce up from these zones will retest its weekly resistance around .00124...
Evaluating BITSTAMP:BTCUSD on the 1h, 1D and 1W TF's
Completely ignoring the debate about the relevance of the incoming BTC Halving and its potential impact on price action, here's the micro and macro picture for Bitcoin as we head into the last weeks of April.
At the time of this post - BTCUSD is ranging from $6.8k - $7.2k in attempts to recover from the...