How to Buy cryptocurrencies in Uptrend on a Pullback (LINK example)
altcoins appear back in vogue, catching up with Bitcoin’s recent rally. It’s darn near impossible to catch a new trend right at the start. Many traders wait for a trend to establish itself and then pounce on it during...
Read moreQuantifying PayPal’s Impact on Bitcoin Demand
PayPal’s user base could generate demand for over 15% of Bitcoin’s current market cap over the next 12 months. By now, most of us have heard that PayPal has begun to enable buying and selling of cryptocurrencies in...
Read moreFive cryptocurrencies on a tear: ETH, XRP, LINK, WAVES, DASH
ETH – Textbook Uptrend; Making New Highs This Year; Next Resistance is 20% Higher Ethereum (ETH) is in an Uptrend across all time horizons (Short-, Medium-, and Long-Term). Since September, ETH was struggling with a Resistance Zone around $375,...
Read moreHitting new 2020 highs or about to: LTC, DCR, OCEAN – crypto technical analysis.
LTC – Blew Through All Resistance Zones; Potential for More Gains Driven by Demand from 360M PayPal Users LTC (LiteCoin) is in an Uptrend across all three time horizons (Short, Medium, Long). We first highlighted the big tailwinds from...
Read moreCrypto technical analysis of KSM, ABBC, REN, ZIL, ZRX
KSM – Promising Up Channel, 2x Paused By Resistance Zone; Is 3rd Try the Charm? KSM (KSM) is in strong uptrend across all time horizons. Following a big runup in late August, the price consolidated during September and has...
Read moreTechnical analysis of DGB, ALGO
DGB – Too Early to Call a Bottom of this Ugly Downtrend Despite of Some Improvements Recently DGB (DigiByte) is in a Strong Downtrend on all time horizons (Long-, Medium-, Short-Term). DGB’s situation is turning from bad to worse,...
Read moreTechnical analysis of ZEC, MKR
ZEC – Price at a Critical Juncture – Can It Break Out of a Sideways Channel or Descending Triangle? Will Zcash Halving be a Catalyst? ZEC (Zcash), a privacy cryptocurrency, is in a Downtrend on Long- and Medium-Term horizons,...
Read moreTechnical analysis of ONT, HEDG, BAT, DASH, BNB, LTC, ADA, EOS, XMR
ONT – Trading in a Descending Channel During a Downtrend; Awaiting a Clear Breakout ONT (Ontology) is in a Downtrend across all time horizons (Short-, Medium-, and Long-Term). Confirming the Downtrend was a recent Death Cross (SMA 50/200). ONT...
Read moreTechnical analysis of OMG, DOGE, WAVES, CEL
OMG – Stuck in a Range Without Offering Clues Which Way is Next; Just Trade the Range OMG (OmiseGo) has uncertain Long-Term trend (Neutral), while Medium-Term is down. OMG has experienced lots of action since May. There was a...
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