We wanted to share an update of the MONTHLY chart or BTC as we feel that offers the most useful trading information given BTC?s recent price action.
BITCOIN: When a 20% return IN A DAY just isn?t good enough
DID WE MISS THE BIG MOVE YESTERDAY? HARDLY?.
Where BTC and the Crypto Market Stand Now
Our last post indicated that BTC has led the entire crypto market into a ?breakdown? phase where price has fallen below key levels ? increasing volume is an indicator that it?s not time to ?buy the dip? just yet.
BTC Breaks Down ? 2 Things You Must Know Now!!
What happened yesterday in the crypto market was a great example of the power of patterns to help you make trading decisions.
Altcoin Season? Plus the Pattern to Watch for BTC
Some subscribers wondered where our flurry of posts were when XRP and XLM spiked 20-30% last week.
BTC vs GOLD Update and BNB headed for $8?
As we continue the waiting game of BTC?s long consolidation pattern, we are looking for clues that can help us trade the next BIG MOVE (yes there will be many more big moves for BTC and altcoins ? if you?re getting frustrated – they?re winning?.).
It?s Been Awhile for BTC ? Why that matters?.and more
Weeks ago, we indicated BTC appeared to be developing a consolidation pattern. That has proven to be accurate. These patterns go back and forth to shake out bulls and bears with lots of fake outs. They normally last awhile as price tests both support and resistance levels.
Does the LTC Halving Mean Big Moves Coming for BTC?
It might. Why? Because whales love to set up for big moves around news that helps them make money, and they?ve done it many times before in crypto ? Remember the BTC halving? The BCH Split? BCH/BSV Split? The ETH DAO hack? The billion air drops? Looking back, none of...
?The Arrival? for $BTC and the Highest Probable Way to Trade It
There?s a great line in a highly underrated Charlie Sheen movie called The Arrival (1996 – when Sheen was cool well before he started ?winning?) that we think applies to the current BTC set up.
Twitter Implied Volatility in Advance of Earnings this Friday
The option market does not appear anxious about Twitter earnings, expected to be announced later this week. Implied volatility (IV) from options prices is at the lowest levels it has been ahead of Twitter Q2 earnings, signifying the stock is not expecting a large move in price.
The Crypto Market’s Next Move – All Comes Down to This?
We?re at a key point in the current correction from the recent top and now can share useful updated technical analysis on multiple key coins, but we think there is one thing to watch that stands above all else:
How Low Can BTC and Altcoin Go Now?
BTC failed at making a new wave cycle high (so far) and now the BEARS have the ball with $9500 the trigger for what could be a BIG DROP for BTC and altcoins. This means – PROTECT PROFITS but it also means buying opportunities at lower prices – possibly MUCH lower so caution advised!!