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Looking at the Bitcoin (BTC) monthly chart, we are going to dare to dream. On a practical level, we see Bitcoin's drop in October held a horizontal support zone. Hat tip to a loyal crypto friend on that read. We expanded the bullish breaker analysis and put some Elliot Wave analysis on top of it. In Elliot speak, the most significant part of an uptrend call "3...

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Bitcoin (BTC) consolidations can be tough to chart. We came up with 9420 as a level that may be important for intraday traders. 9420 looks like a pivot point because it is the high volume price since the big explosion up. Here's how we would use that point. If XBTUSD is above 9420, Bitcoin (BTC) and big coins could rally, and alts might...

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We got twisted and turned like everyone else, but I think regular readers of our work have seen that we like Ethereum (ETH) despite the range-bound nature of the price action. If we can add anything to the mix, it's that 180 looks like the high volume price going back to early September. As you can see from the chart, the visible range for the volume analysis...

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As we understand it, Cosmos (ATOM) is one of the altcoins with the best long term value proposition. As the crypto market as a whole becomes more healthy, we see good basing price action in ATOM. Right now, ATOM Is hovering on top of the 23% retracement of its last leg lower. That level is 3382. If Bitcoin (BTC) moves in a sideways range for the rest of the...

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When altcoins have rallied in 2019, it's been a sudden one-way ticket higher, and then the move ends. Pretty much everybody misses the rally, and everybody loses money who FOMOs after it. To see if that story is changing, we are looking at ZRX on Coinbase. There are no doubt a lot of new users must be flooding in there. Conveniently, ZRX seems to be dipping...

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We decided to take a look at the bigger picture in Ethereum (ETH). As we have written, it's a little frustrating being an Ethereum (ETH) fan. If you look at a two-week chart, it may not be all that bad. There is a Fibonacci time analysis on a two-week chart that shows Ethereum (ETH) may have been through the worst. Previous Fib time points have pointed to either...

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With Bitcoin (BTC), today's recent slump is not a surprise. We expect a gap in the CME contract (BTC1) to get filled near 8700. We also expect Bitcoin (BTC) to trade in a range between 9700 and 8700 for a while. When a market makes a 40% rise, there has to be a consolidation phase. Preferably one that washes out weak longs who Googled Bitcoin (BTC) after the...

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Here's a question: What if Bitcoin (BTC) consolidated the recent gains with a sideways range between 8700 and 9700. While that would be boring for Bitcoin (BTC), it might give the rest of the market a chance to catch. We see decent looking charts across the crypto spectrum ranging from ETH and LTC to smaller coins like TRON, RVN, and MATIC. Looking at Bitcoin...

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How long have you been reading about our bullish Ethereum (ETH) thesis? A month? Two? Well, we. are sticking with it. Looking at the chart of Ethereum (ETH) vs. Bitcoin (BTC), we think now may be time for Ethereum (ETH) to start rallying vs. Bitcoin (BTC). ETHBTC dipped on the huge move in Bitcoin (BTC), but it held at the 50% retracement of the recent up move....

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A lot of big players in the crypto space believe that privacy is not a reason to invest in a coin. We believe the reasoning is that privacy is a feature that might be added to any big coin out there to increase its appeal. While we don't presume to debate the blockchain technology details, we do know one thing. With the communist Chinese saying they want to...

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If blockchain investment is back (per President Xi), then altcoins can start new uptrends. One beat up coin is Ravencoin (RVN). RVNBTC is holding on a big Fib speed resistance line near 300. For us, upside potential is a move to the previous 4th wave at 900. That is a potential 3X return. Bottom Line: If blockchain is back, and the tokenization of everything...

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We look upon the Ethereum (ETH) chart and it's depressing. Bitcoin (BTC) make moves 40%. ETH is at 182. It almost makes us lose enthusiasm for the crypto space. Almost. However, we are keeping our perspective. ETH has time to catch up or even rally on its own assuming this crypto rally is real. Bottom Line : The 200-day moving average in Bitcoin (BTC) futures...

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Two things happened last week in Bitcoin (BTC). One, the Chinese president used original language about dominating blockchain to achieve an important objective. Namely, get people excited about crypto as a way of challenging the dollar as the world's reserve currency. The Chinese have been trying to do it with Gold for a decade, and it hasn't worked. So, now...

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Given the price action, the best way to look at altcoins is to look at Total Market Cap, excluding Bitcoin (BTC). Right now, the total crypto market cap excluding Bitcoin (BTC) has made it to its 100-day moving average. As we see it, the most important thing for the crypto space is for coins other than Bitcoin (BTC) to take out its crucial resistance levels....

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So, with today's 10% spike, that brings Ethereum (ETH) back to the top of its 160 - 180 range. What seems most striking about this rally is that Bitcoin (BTC) is outperforming ETH on the upside. That is creating a red candle on the ETHBTC chart. To get excited about crypto in general, we want to see ETH beating BTC on the upside. Until we see that, we are...

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Looking at a 2-hour chart of Bitcoin (BTC), we see that today's rally has brought Bitcoin (BTC) to a resistance point. This resistance comes from a bearish October breaker that represented resistance in October. We also see it as the location of a down trend line drawn off the September highs. In terms of levels, we see real resistance between 8500 on charts and...

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There's been a nice little rally in BSV lately. But we're not buying it. At present, the rally in BSV looks like nothing more than a retest of a horizontal congestion zone created by a prior low back in July. The area between 110- and 120 was also the area where the final down move unfolded in September. In an environment where Bitcoin (BTC) is having troubles,...

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One key indicator that this down move was coming was that Ethereum (ETH) failed to lead. Ethereum (ETH) could not rally outright, and it did not breakout vs. Bitcoin (BTC). Looking at Ethereum (ETH) on BitMEX, we see a diamond formation. Diamond formations can create compelling down moves. Right now, we see Ethereum (ETH) has broken below the bottom of the...