JCR's Crypto Musings

JCR's Crypto Musings

A collections of thoughts, ideas, and analysis of various crypto projects. Opinions are my own. Not financial advice.


Buy the Ticket, Take the Ride: Bitcoin Technical Analysis (05/22/2021)

22 May 2021 3 minute read 0 comments JCRoemer

The week in Bitcoin was akin to spending a week with Timothy Leary and his Merry Pranksters at the high water mark of the 1960s, an acid-fueled roller-coaster ride at once terrifying and exciting, joyous and mournful, prone to throw you off the track...

Bitcoin: Poop and Scoop - Updated TA (5/18/2021)

18 May 2021 1 minute read 0 comments JCRoemer

Back on the 15th I published TA that indicated that the Bitcoin market was showing some signs of an impending price reversal - https://www.publish0x.com/jcrs-crypto-musings/bitcoin-price-action-a-pull-back-and-evidence-of-reversal-ta-xxwmvym So let's...

Polygon MATIC Breaks $2. What Now? (TA 05/18/2021)

18 May 2021 3 minute read 0 comments JCRoemer

Polygon MATIC exceeded all expectations are broke through $2 overnight. With the token trading roughly 400% higher than just a month ago, we have to wonder, what's next? Observing the price action as a series of pushes, we know that price movement co...

Sustainable Blockchain? Algorand ALGO Technical Analysis (TA 05/15/2021)

15 May 2021 1 minute read 0 comments JCRoemer

A few weeks back, Algorand coins appeared to be delivering on the closely-held belief that its value will appreciate significantly in 2021. And then, the market pulled back and ALGO continued to consolidate. Let's take a look at the current 1H and se...

What happens to Polygon MATIC when EIP1559 comes out?

15 May 2021 2 minute read 0 comments JCRoemer

There is a lot of concern in the market about the future of Polygon MATIC relative to EIP1559, the coming Ethereum network upgrades. EIP1559 is due out in July and MATIC raced from $0.35 to $1.80 in a month as it caught on as a Layer 2 solution for t...

Bitcoin Price Action: A Pull-back & Evidence of Reversal (TA 05/15/2021)

15 May 2021 1 minute read 0 comments JCRoemer

The longer a pattern takes to develop, generally, the more powerful it is. While some scalpers might get excited about a W forming on a 5m chart, most are looking at the 1H and watching the 50EMA. Pulling back to the 1D is useful to remember where we...

Ethereum Classic (ETC): Where does it end? (TA 05/07/2021)

7 May 2021 1 minute read 3 comments JCRoemer

Ethereum Classic needs no introduction this week. There are different schools of thought on price movement and Elliot Waves is a popular theory. If you look, you can find Elliott waves and corrective waves moving through the bull markets. I wanted to...

Cosmos ATOM Breaks out and Moves toward the Stars (TA 05/07/2021)

7 May 2021 1 minute read 1 comment JCRoemer

Cosmos' ATOM token finally delivered on the hopes and dreams of many an investor today with a 25% increase to break $30, quickly approaching it's next level up from its mid-February high of 26.688. The project bills itself as the Internet of Blockcha...

Nasdaq Plunges, Down 2.5% Intraday

4 May 2021 1 minute read 0 comments JCRoemer

The NDX is taking a hit today, breaking below its 50-day EMA.  Zooming out, it looks like we are still in a healthy correction territory. The Nasdaq has not tested it's 200 -day EMA since April 2020. Another test of the 200EMA to close out the pande...

Bitcoin: A Worrying Pattern on the 60? (05/04/2021 TA)

4 May 2021 1 minute read 0 comments JCRoemer

Bitcoin is forming an M across its 50EMA on the 1H chart as well as the 15M chart.  This pattern typically indicates a price reversal, however, with Bitcoin, it is equally likely that market makers are attempting to build longs before pushing price...