Options Trading & Analysis

Crypto Investor's Guide - What the Charts Say


While the short term pattern of price spiking higher for various coins then quickly pulling back continues, BTC and the overall market is showing another extended consolidation pattern.
This presents a good opportunity to step back and look at the longer-term big picture and see what patterns and indicators show.
A good place to start a long-term analysis is the Monthly Chart.
We share charts of 3 large cryptos that are widely followed and one mid-cap that has exploded higher in price over the last 30 days (ENJ).
We also reviewed monthly charts for ETH and XRP but did not add them. Here’s why:
  • ETH’s chart looks like BTC for the most part and
  • We’ve been sharing for well over a year now that the key price level for XRP is .42.
  •   That tells the current story for those two so their charts are not shown.

Review the charts below for a solid investors guide of what’s happening now and what to watch for longer term. Review your favorite cryptos monthly chart for similarities and differences — if you see anything interesting on any coin that’s been around for over six months let us know at [email protected] and we may do a full analysis.

An additional takeaway: while the overall market continues to rely on BTC for directlon, there are MEANINGFUL differences among coins that should mean SOMETHING longer term and be considered in your trading or investing strategies.


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The Options Insider Radio Network

The Options News Rundown

Your source for the most important news and information from the world of options.

The Options News Rundown

The Options Insider Radio Network

All of our radio programs in one convenient place.

The Options Insider Radio Network

Options Insider Radio

The original options podcast. Features interviews with leading options figures.

Options Insider Radio

The Option Block

This high-octane program features education, analysis, strategies and unusual activity.

The Option Block

Volatility Views

The premier radio program for volatility traders.

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The Long And Short Of Futures Options

Your source for futures options information.

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The Advisor's Option

Arming advisors with the info necessary to manage risk.

The Advisor's Option

Options Boot Camp

Get into peak options trading shape.

Options Boot Camp

Options Insider Special Events

Compelling panel & special event recordings from the options world.

Options Insider Special Events

OIC's Wide World of Options

A dynamic mix of current events, investor resources, & strategy insights.

OIC's Wide World of Options

Trading Tech Talk

We break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse.

Trading Tech Talk

Options Playbook Radio

Break down cutting-edge options strategies and learn how to incorporate them into your portfolio

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Options Oddities

We track all the unusual options trading activity on Options Oddities.

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