Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up and we are really in tight consolidation at the moment. Im expecting a decent move very soon for a few reasons. With many alts dancing out of their slumbers Bitcoin has been plagued with sideways movements. I do see a sort of light at the end of the...
Good morning ladies and gentlemen... I am looking at alt coins more and more and I am taking a look at NRG/BTC today. I cant really look at the daily chart like I wanted to as it has not been listed on this exchange for that long. Not enough candles to make a solid analysis. Either way I will do my best to give you a coherent and solid analysis to the best of my...
Good morning everyone and welcome to my alt coin analysis. I have been getting a lot of requests so every time I feel like analyzing a coin I go to the list and pick the next one down. Right now it is ZIL/BTC. I see that so many alts look quite similar to this chart. Almost a year of flat sideways movement with almost nothing exciting occurring. That is until May...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. I pulled up one of my favorite time frames, the 4hr, and I can see the consolidation is real... We are stuck between a rock and a hard place and escaping this situation is easier said than done at this point. All though like I mentioned yesterday... I do think that we will see a...
Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the daily time frame pulled up after a pretty boring Friday. We made some moves but nothing major. We just seem to be coasting along between 9k and 9500 for the most part. Pretty boring when you consider some alts out there are going 4X or more. Its nice to see that pump for alts...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after some pretty drastic movements yesterday. We started off yesterday looking shiny and this morning things look much different. At least on the 4hr they do. We are still hanging onto 9k for now which is nice to see but we lost some significant...
Just a quick zoomed out look at the chart. Bitcoin is still trapped in the worlds biggest triangle. The weekly is a good way to get a zoomed out perspective that may not necessarily help you much with your fast paced trades but over all it can give you a general idea of a direction the market is heading in the future. We have managed to stay above 9k for the...
Good afternoon everyone and welcome back to my alt coin analysis. As I have made clear in previous analysis I am going to start checking into the more popular Alt coins and see where it goes. I am looking at DOGE/BTC and I zoomed out to the weekly so we could see a better view of the movements. This coin really has moved completely flat and sideways for over a...
Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up and I see we are still trying to put that .236 fib (red line) firmly in our past. But can the bulls continue the pump or are we destined to fall back to the low 9k region? We muscled our way back above a key level of resistance on the chart and that is certainly...
Good evening all and welcome to another Alt coin analysis Im trying out. I am looking at ICX/BTC and I am seeing some life in a coin that is still pretty far down from its ATH. The thing is if you are trading this you can still make a lot of money if you play your cards right. Last time I analyzed this coin was the middle of last year and that is when I put this...
Good morning ladies and gentlemen and welcome to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a day filled with consolidation. Bitcoin is still holding onto that level just above 9k and which is nice. I would like to see us breakout of this tight spot we are stuck in but I guess I will take what I can get. We muscled our way back...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the daily chart pulled up after recovering much of what we lost over the past weekend. It is nice to see the bulls refusing to let 9k go but how long can that last? It has gone on for quite a while already and every single time we dip below 9k over the past few months...
Good evening everyone and welcome back to my analysis of Alt coins. Im trying something new and today Im looking at the VET/BTC pairing. I pulled this chart up this evening and thought I would throw a fib onto it and start my normal analysis. But I already drew a fib on this chart and I guess it saved all this time. The fib is still very active and the candles are...
Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a pretty wild night. We dipped and we recovered all within 3 to 4 candles and right now I must say we are in slightly better shape than we were yesterday when I did my analysis. But that doesnt mean we are out of the woods by any means. I will...
Hey everyone! Welcome to my analysis of ETH/BTC on the daily time frame. I havent paid alts much attention but I decided I would try to keep things fresh. If you want me to chart an alt let me know and I will add to the list. Its already a pretty long list so bear with me folks. Im just trying new things. ETH has had a lot of momentum behind it lately. Traders and...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a pretty boring day yesterday. Usually the weekend is not very exciting so I was not expecting much. We did jump back over the 4hr 50 MA briefly but ultimately fell back down to 9k where we sit currently. The bulls have a lot of...
Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I pulled up the daily just to get a good look at a time frame other than the 4hr. I really appreciate the 4hr as it is seemingly the happy medium between the daily which is very boring to watch and the 1 hour which is a little too busy for me. Dont get me wrong I think the...
Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up once again after a short lived drop below the 9k mark briefly yesterday. The 9k support ultimately held and we are sitting at 9100 at the moment. The more time that is passing the more likely a drop will materialize. I am seeing a few areas that wont be easy to...