STRAT technical analysis

STRAT seen from the temporality of 1D we can observe how the price remains within the range of accumulation indicated in the graph within the green rectangle, we can also observe in the major figure as it has come forming a parallel channel, I have indicated it in blue color to differentiate it from the descending wedge in red color, where we see that the previous candle when touching the resistance to found offer that has pushed the price down.

STRAT seen from the temporality of 4H we can observe more closely the zone of accumulation, we see the bearish impulse

Crypto Analysis Report 6-17-19…Look For Catalysts To Push Bitcoin Higher

Bitcoin, which has been rallying hard over recent months, has hit a fresh year-to-date high, breaking the psychological $9,000 level for the second time this year and leaving investors eyeing the $10,000 mark.Bitcoin and cryptocurrency sentiment has been boosted recently by news social media giant Facebook is looking to create its own cryptocurrency, with details of the Palo Alto company’s plans expected to be fully revealed on Tuesday this week.Meanwhile, bitcoin traders and investors are looking ahead to next year’s bitcoin halvening event which will see the daily bitcoin supply cut by half overnight, with some predicting this will cause

Ethereum and the $275 Brick Wall

For over a month now the price of Ethereum has struggled at a certain price area.  It is currently at this point again and has found some early resistance.
Ethereum and the $275 Brick Wall
I have posted the weekly chart of ethereum here as it gives us a clear view over the last 5 weeks of how the $275 area has been a problem.
Here’s the thing though, there is so much pent up action at that price that when it does break ETH is likely to give a burst higher.  Upside targets would be 293 and then 318 with the larger

Cryptocurrency Relative Strength Analysis Report For Week Starting 6/16/19

When you think about Cryptocurrencies, one name immediately comes to mind, Bitcoin.  Since the creation of Bitcoin, there has only ever been one cryptocurrency at the top of the market cap rankings…Bitcoin. 

When the price of Bitcoin rises, generally you can expect altcoin prices to rise with it. Likewise, when the Bitcoin price drops, altcoins also follow. And sometimes when Bitcoin is rising, the altcoins are declining due to cash moving from the altcoins to Bitcoin and vice versa.

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Bitcoin dominance is used to measure the percentage of the cryptocurrency market that can be attributed to Bitcoin. Thus, it’s very easy

Will Bitcoin SV Meteoric Rise Continue???

Bitcoin SV (stands for Satoshi’s Vision) has received another boost on Thursday. The cryptocurrency jumped from $190.00 to $220.00 in a matter of three hours after the Financial Times published a story on SegWit and Bitcoin transaction fees and cited Craig Wright on the issue. The development caused massive FOMO and Bitcoin SV buying; however, the speculative agitation seems to be fading away now. 

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Craig has a issues with coins/protocols that combine multiple Bitcoin transactions into a single transaction which makes it harder to track whose money has been where.

Bitcoin SV attempts to fulfill the original Bitcoin protocol, hence the name

BTC technical analysis

BTC seen from the temporality of 4H we can see how the current structure of candles carries an excellent count of a distribution scheme, accepting this premise, the current bullish movement should be the failed rally, this has to be confirmed even with a closure below the support located at 8200 and a subsequent test as resistance, in the chart I have drawn the possible trajectory that the price should follow in the process.

BTC seen from the temporality of 1D we can see how the previous wing that has made the closing above the resistance has done with very little

Binance to Block U.S. Customers from Trading

Well if you enjoyed trading on the binance platform and are a U.S. residents – that fun is over.  News today hit that they will be blocking U.S. residents from trading on the platform come September 12th, i.e, you have 90 days to get in compliance.
You will still be able to withdraw funds after that time though.
The coming margin option make this not a surprise
Recently Binance announced they will be offering margin trading, which basically means you can leverage your holdings to “borrow” money to trade larger positions.
This opens up a whole new can of worms in the world of

ETH technical analysis

ETH seen from the temporality of 1W we can observe how the previous candle has closed below the 259 support, the current candle is testing the horizontal now covered in resistance, I have indicated a support in the 196 because if the candle does not succeed in claiming the support, it is very possible that the price will fall towards that point to find bullish impulse again and pass the resistance without any problem.

ETH seen from the temporality of 1D we can observe more closely what is happening in the current candle structure, the previous candle managed to close above

The Price of Steem is Being a Tease

So here we are again at this price level that has become a sticking point for some time.  We will see something new or more of the same?
Pendulum of Price

Looking at the daily chart of steem we see that this 40 cent area has been are line in the sand.  Price closed above 40 cents a couple days ago and currently remains above it.
The real question is can we form some kind of base here to see possible price appreciation into the 50s.
Back in April it looked like price was firmly established above 40 cents and our upside wad near

LOOM technical analysis

LOOM seen from the temporality of 1D we can see how the bulls are trying to push the price above the low range of the accumulation structure to claim the support, we see how the current movement of the candles maintain an upward momentum, the low range is located at 1135, I have drawn on the chart the possible trajectory that could follow the price in the support claim, to get it and test it as support we should see the price reach without problems our first take profit located in 1881.

LOOM seen from the temporality of 1W we can