Aug 4th 2019, Crypto Chartbook
Spot on - Plan your trade and trade your plan "Picking the sweet spot" was the headline of our last chartbook. A sweet pick it was ; we truly called it this time, all the way to the shape of [...]
Spot on - Plan your trade and trade your plan "Picking the sweet spot" was the headline of our last chartbook. A sweet pick it was ; we truly called it this time, all the way to the shape of [...]
Picking the sweet spot With the summer doldrums on their way, market play isn't business as usual. One good route to go is simply refraining from market exposure and sitting on ones hands. Most likely, this is the best possible [...]
From where and where to Traces in the snow often help to predict the future course. Reading the bitcoin market tracks hopefully guides us to how the future might unfold. One big aspect that technical analysis sheds light on is [...]
Time frame diversification Ever been in the situation of missing out on a move. Or worse, having forecast the markets direction perfectly and still not having managed to extract money. Well you are not alone. Many stare upon their computer [...]
Review Since the low on December 15, 2018 at US$3,127, Bitcoin has managed to stage a spectacular recovery in recent months. With a high of US$13,887 reached on June 26, 2019, the most important and largest crypto currency has more [...]
After the storm When the bitcoin market reached the ten thousand mark and then even climbed higher, everybody woke up. Volatility went up and the media gave more attention than usual to the crypto markets. Sharp declines followed and the [...]
Short Squeeze and Maximum Adverse Excursion When markets come to the forefront in news they are most of the time volatile. This means more participants, more volume, wider ranges, simply - everybody shows up. This causes emotions and struggles with [...]
You might be tired by now reading about the 10k level in the bitcoin market. Everybody has an opinion. Where from here; back to 7k or even 3k; or right away to 13k. No worries, we admit that we do [...]
A new asset class is emerging Although it may not be possible to predict the future prospects of cryptocurrencies, yet the recent resurrection of Bitcoin & Co. might be an indication, that the cryptocurrency market may have a bright future. Cryptocurrency can [...]
Strength The strength of a market needs to be measured consistently. It is important to look for clues that help to support an elimination protocol. This will lead to the proper next action to be taken. It isn't enough to [...]