Articles on blockchain and cryptocurrencies
15 Aug 2020 3 minute read 0 comments DanBlock
This is a beginner's guide to Ethereum Gold and Ethereum Capital. To avoid any confusion, let's cover the basics first. Ethereum Gold and Ethereum Capital are the same thing, just using a different web interface to interact with Gandhiji (IND) contra...
13 Jul 2020 1 minute read 0 comments DanBlock
Bitcoin had a burst of volatility yesterday, just after the intersection we discussed in the previous article. We briefly went below the bottom green line at $9210 which got me worried but we quickly bounced back up and we are now heading up in a sor...
11 Jul 2020 1 minute read 1 comment DanBlock
We are at a crucial point in the chart where Bitcoin price is now at the intersection of a horizontal support/resistance and an uptrend support. I rarely go to low time frames in the chart, but I want to show you how the price is bouncing between the...
9 Jul 2020 1 minute read 0 comments DanBlock
Bitcoin just dropped to $9250 area as I predicted it in my yesterday's article. I think we are charging up to a massive blast off if we get over the yellow long-term downtrend, I've been looking at this level for a long time and we could be very near...
8 Jul 2020 1 minute read 0 comments DanBlock
Bitcoin had a very nice recovery from the lows we have seen on Sunday the 5th and it's now fast approaching the long-term downtrend line. If we look at the 4 hour chart, we can see we are getting near the yellow line. This is a very important level w...
2 Jul 2020 1 minute read 0 comments DanBlock
Today Bitcoin printed an ugly red candle, I don't like this for a number of reason including the fact we are now just below the short-term downtrend. If by end of the day we don't go back up, we may be headed even further down. As we have seen, the s...
1 Jul 2020 1 minute read 0 comments DanBlock
Bitcoin has been moving sideways for some time and finally went above an important downtrend line, it's remarkable to see how much it was squeezing between trend lines I put in place this week. Once reached the end of the trend, it finally broke abo...
29 Jun 2020 1 minute read 0 comments DanBlock
The purple short-term downtrend is keeping us down for a while now and we are also testing a couple of supports over and over and the question is, will they hold? If we look at the 4 hours chart, we can see a clear down trend and support at $8900, th...
25 Jun 2020 1 minute read 0 comments DanBlock
Bitcoin made a very dangerous move early this morning by almost reaching last resistance I have on my chart before things get ugly but it's now back up over the safer level over $9220. I like that it created a nice V-shaped pattern that to me is a g...
24 Jun 2020 1 minute read 0 comments DanBlock
Yesterday we were looking at a Bitcoin price at a key level and tightly following the yellow downtrend that started back in December 2017. We also identified a short-term uptrend and as soon as the price went below the line the price dropped, followe...
