Bitcoin is still on a bullish trajectory, but it has paused here to consolidated under resistance. With volatility very low, a break one way or the other soon seems likely.
A section focused on technical analysis. Any article that looks at charts or talks about how to look at charts can be found here.
Please note we don’t do price targets on this site, we do educational content focused on learning about the basics of technical analysis.
With that in mind you’ll find two types of content here:
Discussions about the fundamentals of the technicals and resources. Things like “what is technical analysis,” “how to use Trading View,” and “how to use moving averages in crypto.”
Educational and informational looks at historic, current, and potential crypto charts (sometimes compared to non-crypto charts). So things like “a comparison of 2014 and 2018,” or comparing the tech bubble to the crypto bubble,” or “bulls need to ward off this death cross or it won’t be a good look technically speaking; Let’s take a look at what death crosses mean.”
NOTE: This content is meant to be informational and educational; it is not investing advice. That said, here is some free life advice, as a general rule of thumb don’t make important financial decisions based on information you find on the internet… ?
Is it alt season yet? This chart implies that it at least isn’t a hard no.
Is it alt season yet? This chart implies that an alt season could be brewing here in May 2020.
When we see breakouts of key cryptos like XLM, the question becomes… “wait, is this alt season?”
Crypto Corrects After Coronavirus Catalyst Puts End to Epic Run… But the Halvening is Still Coming Up
After an epic run crypto is seeing a correction that seems to be correlating with Coronavirus fears in other markets.
The ETHE premium, like the GBTC premium, can be a signal of crypto sentiment (and more-so with ETHE, ETH sentiment). However, it can also signal that ETHE is overbought.
LTC/BTC looks like it is breakout of its downtrend. This is just one of many BTC and USD pairs that is showing strength here in late January 2020.
Bitcoin is arguably back in bull mode after correcting for the second half of 2019.
The crypto market is lighting up green with BCH, BSV, and DASH making notable runs as Bitcoin breaks out of its downtrend channel.
One way to try to predict when the next alt season will come is to look at the Bitcoin Dominance chart. Specifically a downtrend in the dominance chart means alt season is on.
Poloniex blocking US customers on May 16th started an altcoins slump. Will the last of the geoblocks by Binance on Sept 1st cause an altcoin pump?