Apr 28th 2019, Crypto Chartbook
How to catch a move A profits review. Now that BTC/USDT has made a 77.44% price advance from its recent monthly lows of US$3,156 to US$5,600, it might be prudent to review of how we fared catching this leg up. [...]
How to catch a move A profits review. Now that BTC/USDT has made a 77.44% price advance from its recent monthly lows of US$3,156 to US$5,600, it might be prudent to review of how we fared catching this leg up. [...]
Silver - weekly long entries Our relative strength entry on Silver from last week´s chartbook got quickly financed. It is always our main goal to minimize risk as soon as possible. With an entry at US$14.928 and a filled 1st [...]
Crypto Research Report April 2019 Mark Valek and Demelza Kelso Hays have just released their latest Crypto Research Report for Incrementum. If I had to sum up the report in one sentence, "Be really freaking weary of cloud mining [...]
Tabula Rasa Is it worth reading these weekly chart-books? Is it worth writing them? You bet it is. The underlying principle about why these weekly reviews are of such high value is that much can happen within a week. Even [...]
Relative Strength We pointed out over the last few weekly chartbooks that "no position" is a good one to have in choppy sideways markets. Nevertheless, there are opportunities in the markets and if they present themselves one needs to act swiftly. [...]
Just as Planned Last week's chartbook (advising a pullback as the highest probability setup) occurred as planned. Markets retraced sharply on April, 11th. The reversal signal also manifested with a candlestick "hammer" (bullish reversal) formation the following day (April 12th). Just [...]
One step up Two weeks ago we advised not to be tempted to go long with $15 as a large number support. That was good advise, since we now broke that support, without much advancements in between. Last week we [...]
Pullback Opportunity? Shortly after our last weekly chartbook's warning not to short the weekly resistance zone, we had the breakout into the weekly gap suction above $4,200 BTC/USDT. If you didn't catch the initial thrust move, there is still pullback [...]
When in doubt, stay out ! The advice given in our last chartbook publication was spot on. Not trading Silver last week saved you money for sure. "When in doubt, stay out" is one of the very few intuitive responses [...]
Measuring Strength When do moves get faded? Is a move valid? Are retracements to be expected? Can I still wait for an entry? How far will this retracement go? These are typical questions market participants constantly ask themselves. But what are [...]