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Blockchain and Cryptocurrencies
Blockchain and Cryptocurrencies

Blockchain and Cryptocurrencies

Articles on blockchain and cryptocurrencies


Ethereum Gold and Capital for beginners

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...

Bitcoin forming a short term uptrend channel

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...

Bitcoin will go up or very hard down

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...

Is Bitcoin recharging before a massive blast off?

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...

Bitcoin approaching long-term downtrend again

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...

Bitcoin is back in a dangerous area

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...

Bitcoin back above the short-term downtrend

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...

Short-term downtrend keeping Bitcoin down

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...

Turning point for Bitcoin?

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...

Bitcoin rejected again at long-term downtrend started in December 2017

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...