Crypto tends to move in fairly predictable cycles, this is that part of the cycle when everyone capitulates, panics, and eventually falls into despair. It is the popped side of a classic economic bubble. Luckily for crypto investors, this isn’t just “a bubble” it is a bubble in the crypto space (where bubbles are painfully common and markets are absurdly quick to form patterns).
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… 🤓
I personally think Bitcoin’s 2014 price chart is worth comparing to the current 2018 chart, as there are many similarities. Here are some thoughts on the comparison.
Market cycles are a natural advent in any market. However, because the cryptocurrency market moves so quickly, market cycles are especially important to understand in cryptocurrency specifically.
One of the simplest ways to gauge the medium term price trends of the crypto market are the 12 and 26 EMAs on Bitcoin on daily candles (the only indicators on GDAX).
If you are trading cryptocurrency or investing in it, it can be helpful to have a basic grasp of chart analysis and a few standard chart patterns and technical indicators. We present a simple to understand guide for beginners.
Many cryptos including BTC formed or are starting to form “golden crosses” on the popular 12 day and 26 day EMAs on daily candles.
Here is a list of everything you need to get started trading and investing in cryptocurrency along with specific suggestions on products for beginners. In other words, here is a cryptocurrency investing starter kit.
There is a pattern so common in cryptocurrency trading that it has been nicknamed the “Bart” due to it looking the head and hair of an iconic character.
Cryptocurrency believers are arguably right to believe in the future of cryptocurrency. But in terms of price, 2017 was a bull market and 2018 thus far been a bear market.
In cryptocurrency trading Technical Analysis (TA) tends to be dominant, however Fundamental Analysis (FA), the news of the day, a basic strategy, a knowledge of the market, and other factors are also extremely important to consider.