Captain_Rex

Captain_Rex

Hello dear readers, today I would like to present a more detailed analysis on gold. (Since I'm active in the German-speaking region, I'm unfortunately unable to link charts due to my inactivity in the English-speaking region). Therefore, I would like to refer interested parties to my German-language analysis, where you can view the charts for the different...

Captain_Rex

Welcome to an another analysis. This time we will look at the weekly log chart from ETH / BTC. Alt season incoming? The BTC dominance is decreasing and the alts are gaining momentum. The Star of the Alts (ETH) is also gaining more and more in comparison to BTC. In recent years, the ETH / BTC pair has also been a good indicator for the start of an altcoin season....

Captain_Rex

You can see that Bitcoin is moving in a huge ascending channel that has been active since March 2013. I was able to determine the important points with the help of the fib canal. So we see that the green accumulation zone is from about 0-0.236 Fib level, that is, where Bitcoin is beeing bought and usually finds strong support. In contrast, we have the distribution...