The Dominance gained on the BTC.D Ratio Index throughout Sept-Nov. after the summer from 58% to 66% just closed out a futures gap needed to fill around 65% and spiked right back down this week, even below this longterm trend that held the price in the fall like I just mentioned. With coins like XRP taking off 35-40% in a day and across the board all these...
Ethereum has been a top performer in the crypto market this year, up 410% YTD even with the corona crash. I don’t expect this upwards momentum to stop anytime soon, there are a lot of factors coming into play that could continue this momentum such as ETH 2.0 Beacon chain launching Dec. 1st. That is huge news for the Ethereum network, possibly the biggest news...
Bitcoin has been constantly moving up since 10k with some skeptics still calling for a short. BTC created this upwards channel from the start of the move upwards starting from $16124 - $16599 weekly support range. From there, Bitcoin 1st touched rejected off of the $18953 monthly resistance level (basically previous-ATH) and dropped back down only to find the...
The correlation between the African Rand and USD ( FX:USDZAR ) is super strange. During both the 2008 and 2016 crisis, we saw the African Rand pump an average of about 50%. Coming into 2020 we see the rand up about 35% with an expected 15-20% move up inbound. Do not trade this, this is my personal take on this and well... I definitely wouldn't take a 19 year old...