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16 May 2021 1 minute read 0 comments trade60
Weekly chart: Bitcoin is moving into the area drawn in the 60K rectangle representing a very strong psychological resistance and 48K an important support. In my opinion BTC is consolidating between 48K and 50K and I think this level represents a gre...
16 May 2021 1 minute read 0 comments Biz Wisdom
Gonna keep this one short. The OMG/BTC weekly chart shows OMG is near the bottom of its price range, barely above its all-time low in 2020. Following the massive 2018-2019 bear market in which most altcoins retraced 90-95% (or more), OMG indeed bo...
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...
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...
15 May 2021 4 minute read 25 comments Absolute Unit
I can still remember the first time I dropped a significant amount of money into Bitcoin (BTC) - at least significant to me at the time. It was in early 2015, BTC was around $250 and I was STRESSED. I had recently dropped out of college and taken a p...
15 May 2021 1 minute read 1 comment Biz Wisdom
Bitcoin tried to recover on Friday, drifting higher above the $51K level before getting rejected by the 38.2% fib, falling back below $50K to close the daily candle around $49K and change. This is a bearish candle in response to yesterday's selloff i...
14 May 2021 1 minute read 0 comments trade60
The descent announced with my post of 12 May took place: https://www.publish0x.com/trade60/bitcoin-technical-analysis-of-may-12-2021-xqkxnpm We all know by now the reasons starting from Tesla that it will no longer accept BTC for the payment of its...
13 May 2021 1 minute read 0 comments amtraderpro
Hi guys! Despite the bloodbath on the market Kusama Network token made new ATH at $588 mark and currently is trading at $539. After breaking and testing the resistance (yellow line) at $280-300 in mid March we saw the KSM setting a new high at $567 f...
13 May 2021 1 minute read 0 comments amtraderpro
Hi guys! Apparently Elon's tweet affected all the weak hands, combined with some whale games we saw this dump. It looks like a shake out before continuation of uptrend. We saw a strong bounce about 10% from the global support area $46-50000. This sho...
13 May 2021 2 minute read 0 comments Bwvolleyball
It's been 10 days and a few hours since I've purchased a new upstart to the crypto world - SafeMoon (Their official site is here). This update is a quick calculation on the current APY gains for the reflection mechanism built into the protocol. For...
