Technical Analysis

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TA the easy way – alts make gains as BTC consolidates

25 Dec 2020 2 minute read 0 comments Bitcoin Babaji

Hey there traders, with bitcoin consolidating still, the altcoins have had a chance to make up some good gains in the past 24 hours. If we look at coingecko.com we can see most of the alts in the green, especially XRP which has bounced back after its...

Bitcoin Daily Price Forecast (12/25/20) - Sideways Trading Amid Light Holiday Trading

25 Dec 2020 2 minute read 0 comments Biz Wisdom

Bitcoin had a quiet day on Thursday, initially pulling back a bit before turning around and rallying to just above breakeven to end the day with a marginal positive candle. This is a pretty neutral candle as we go into a long holiday weekend with thi...

TA the easy way – bitcoin breakout imminent – new ATH incoming for Xmas?

24 Dec 2020 2 minute read 2 comments Bitcoin Babaji

Welcome to another edition of TA the easy way. Bitcoin has consolidated for a week or so now, and looks like it’s forming a head and shoulders pattern on the 4 hour. If this completes at $22300 or so, depending on which exchange you are on. Is it tim...

Zilliqa (ZIL) Breaks Out and Nearly Doubles in Value - (TA - 24th of December)

24 Dec 2020 1 minute read 2 comments 0xJonnyDee

Since breaking out at the end of November, the Zilliqa (ZIL) price proceeded to increase by nearly 150%. While Zilliqa has been rejected from the highs, it is expected to reverse its trend and resume its upward movement.   Zilliqa Long-Term Level...

Four 2017 Cryptos You Thought Died, But Are Still Going Strong

24 Dec 2020 1 minute read 0 comments Biz Wisdom

These 5 beloved cryptos were popular 2017 darlings that have since been buried in the dirt by the likes of BTC, ETH, and the rise of DeFi. While many projects from 2017 have gone the way of the dinosaur, some have not only survived but continued to d...

Ethereum Daily Price Forecast (12/24/20) - Santa Claus Selloff

24 Dec 2020 2 minute read 0 comments Biz Wisdom

Ethereum sold off a bit on Wednesday, giving back yesterday's gains and shedding nearly $40 on the day to close just underneath the $600 level on the daily candle. This is not a good look; I think ETH is starting a correction pattern that'll take it...

Bitcoin Daily Price Forecast (12/24/20) - Short-Term Topping Forming?

24 Dec 2020 2 minute read 0 comments Biz Wisdom

Bitcoin went back and forth a bit on Wednesday, oscillating between the $23K and $24K levels before settling the day slightly in the red to form a smaller bearish Doji candle on the daily chart. This is slightly bearish but nothing we haven't seen be...

Updating Technical Analysis for Bitcoin, Bitcoin Dominance - Dec 23

23 Dec 2020 2 minute read 0 comments LeaderIcarus

Greetings Everyone and welcome to an update of yesterday's Technical Analysis, as the dominance is reaching 69% which means that altcoins will bleed out towards BTC stable coins and possible Ethereum, while the side move continues, even if it is slig...

Building Blocks of Technical Analysis - A Summary post

23 Dec 2020 1 minute read 0 comments mercurial9

Understanding the foundations required to do a good enough technical analysis and fundamental analysis are the key reasons I have spent the past few months trying to learn about crypto trading.   From a technical analysis and fundamental analysis poi...

Ethereum Daily Price Forecast (12/23/20) - ETH Discount for the Holidays?

23 Dec 2020 2 minute read 0 comments Biz Wisdom

Ethereum recovered a bit on Tuesday, initially falling below the $600 level before turning around, bouncing off $600 and eventually closing the daily candle around $630. This is a pretty neutral candle given the preceding bearish candle, indicating E...