Its been a little while since we've had a chance to look at the price trajectory of Bitcoin. Ever since the implosion of FTX & Alameda, the markets were thrown in a flux, so we absconded from our charting duties for a little while. But now since the markets are back, we're going to make sure that we capture each and every single opportunity out there so that we...
When we first took a look at Bitcoin's price action from a long-term view a few weeks ago, we assumed it was due for another major leg down to the $16-17k level or even lower to the $11-12k zone. This is a sentiment that has been echoed by numerous VC firms, hedge funds, and even investment banks (Goldman Sachs). However, after taking a second look at the large...
In this analysis, we're going to do two things: Take a look at Bitcoin's short-term trajectory (forecast the price action for the next few days / weeks) Take a look at Bitcoin's long-term trajectory moving forward The second part is going to be more important than the first one because we're going to revisit our assumptions that Bitcoin is due for...
Decided to check on what was going on over the pond at Solana since it appears that they're going absolutely nuts over the past 24 hours (and this morning as well). Keep in mind that this project is not available for trade on Coinbase (to my knowledge), so you would need an account on another exchange like FTX, Huobi or Binance (yikes!). Taking a look at Solana...
ETH will be the second project that we look at on our conquest to canvass a decent portion of the T20-30 projects in the blockchain space. We’ll go ahead and start with where we picked off prior; for those that do not remember, we had plotted the overhead downtrend resistance for Ethereum (which we made clear would be through at any time in the near future). Now...
For the record, Librehash is still as bearish as it gets on Bitcoin (at the time of writing). Skipping the long introductions, let's just hop right into things and see what's going on from an aerial perspective. Bitcoin Price Analysis We're going to start with the Librehash Reversion Ribbon V2 overlaid on the chart (see below). In the chart above, we...
For those that have been following the price of Bitcoin lately, its no news that the space cratered recently. Below is a quick look at the price action over the past few weeks. As we can see from the chart above, the price of Bitcoin: 1. Consistently failed to breach the $60k mark twice. The first time was after a >34% run-up and the second time it impeded...
Now that Bitcoin has ascended past $60k, there are a ton of questions about where its headed at this point. We're going to try our best to answer that question with a comprehensive price analysis In the chart above, we can see: - A strong underlying support point for Bitcoin (tracking back to early February) - Waning momentum on the daily resolution...
If you've taken a look at the markets lately, then you've probably noticed that Stellar Lumens is looking extremely bullish as of late. For those that are unaware, we're going to break down exactly why people are so bullish on Stellar Lumens lately, and it has nothing to do with their asset's price relationship with XRP (which has also been going nuts as of...
The markets appear to be on the verge of teetering. But since there are some that may not believe this, this article will provide as much information as possible to corroborate that notion. Bitcoin is bearish on the daily for every single indicator and metric that we can find. But let's go through them all instead of telling it so that everyone can see. ...
As Bitcoin retests its previous ATH, we're going to take a look at several other underlying metrics to ascertain whether or not the price is likely to break above or below this point. Sticking on the daily resolution like we normally do, we're going to see what the chart looks like after mapping out the horizontal support and resistances around the price ...
The most recent two candles on the weekly are really intriguing if you haven't had a chance to take a peak at them yet. Let's see what it looks like at face value below: Specifically, we can see: 1. The current candle (weekly), has a long body 2. There is only wick on it, and that's protruding south 3. There is hardly any length to the wick protruding...
Okay, we're in a situation where Bitcoin has finally crossed above $50k, so what do we do now? If we pan back out on this chart (daily resolution), we can actually see that Bitcoin is just now emerging out of a healthy consolidation period. If you’re a bear (someone looking to place a mean short on Bitcoin), then this is bad news for you, because the price...
Rushing back to get this one done because Graph broke its ATH already (and the trend that its been on has been pretty crazy). We already pointed this one out a few weeks ago when it was hovering in the '50's range (and in the 40's as well). But now is still a ripe time to enter in a long position (if you're able to be patient in the instance that you don't see...
We're taking a look at $OMG because the Quant Market Scanner recommended that we take a peak at these guys (their price action is noteworthy over the past few days). We're going to start with on the one day resolution. Above we have a case of a classic overhead downtrend resistance (short-term) that's been broken (with volume). The latest screenshot...
For this price analysis, we're going to start on the daily resolution. We'll also be using Kraken's USD markets as our frame of reference for the price. Augur Price Analysis In the chart below, we can see a **strong** underlying diagonal uptrend support that's been carying the price for a weeks (at least): Multiple Support Point Touches If we map...
Surprise - we're taking a look at Tron! > "But, Tron is a scam, isn't it? What about Justin Sun?" Justin Sun is undoubtedly a character that has failed to show he possesses the competence required to efficiently run a billion dollar multi-national corporation / organization. However, as we've covered many times before - factors like these hardy have an...
Its been a little while since we’ve looked at the blockchain project that essentially serves as the de facto ‘godfather’ for nearly half of the entire blockchain space. Ethereum. Let’s see what’s been going on with its price action in recent days/weeks/months. From a panned out view on the daily resolution, there’s a large pennant (whether bullish or bearish is...