A collections of thoughts, ideas, and analysis of various crypto projects. Opinions are my own. Not financial advice.
7 Jun 2021 2 minute read 0 comments JCRoemer
Waking up to the wall of male cicada mating sounds on the East Coast this morning, it was difficult not to notice the growing excitement over Ethereum finally breaking over 2800. The first thing that I wanted to know was - Where is volume and where a...
6 Jun 2021 1 minute read 2 comments JCRoemer
Ethereum is having an interesting day as it bounces between moving averages on the 1H. Within the larger M pattern it appears to be forming, Ethereum is now forming a small W across the 50 EMA on the 1H. Adding to the suspense, Ethereum has the 200...
5 Jun 2021 1 minute read 0 comments JCRoemer
Just when things start looking up, Ethereum goes and pins the 200 EMA on the 1H, giving back several points of gains from overnight. Ethereum continues to trade tightly between it's 50, 200, and 800 EMA on the 1H. This last candle took us from the...
4 Jun 2021 1 minute read 0 comments JCRoemer
A couple notes on Bitcoin. We appear to be forming a wedge, but we are nowhere near its natural terminus on the 1H: The Fear factor remains high and the pattern makes a lot of sense against that backdrop. While Elon Musk & Tesla might be looking to...
4 Jun 2021 1 minute read 0 comments JCRoemer
With MATIC 35% off its high after the Great Crypto Crash of May 2021, the coin is struggling to regain it's $2 price point. However, the coin is consolidating in an extremely tight channel, as we see on the 1H: Notice how tightly MATIC is trading be...
4 Jun 2021 1 minute read 0 comments JCRoemer
Another Elon Musk tweet, another bloodbath in the crypto markets. What started as a promising day was almost certainly just more manipulation to build longs and liquidate shorts before dropping price. Fear remains the dominant emotion in the market a...
3 Jun 2021 1 minute read 0 comments JCRoemer
I'd like to dive a bit deeper later on but I felt it was important to put out a quick TA on Ethereum right now because we are getting confirmation on a reversal pattern. After trading flat since recovering from the crypto crash last month, both Ether...
25 May 2021 1 minute read 0 comments JCRoemer
After producing an engulfing bull candle for the textbooks while recovering from a crash, Polygon is continuing to experience chop coming off May's super-rally. Price recovered to $1.99 before backing off to the $1.50-$1.75 zone yesterday. Today the...
24 May 2021 1 minute read 0 comments JCRoemer
As crypto climbs out of its crash, all eyes are on the USD's weakening position. Note that on the Weekly MACD there is a bearish cross as the USD breaks down below 90. With the dollar weakening, risk assets tend to rally and that includes crypto. Bit...
24 May 2021 2 minute read 0 comments JCRoemer
In early May, Polygon MATIC absolutely exploded with a 470% rally over a few weeks. Unfortunately, the expected retracement coincided with the Great Crypto Crash of May '21 and price descended to $1.04 before rebounding to over $2 only to plummet bac...
