


Looking at Bitcoin futures, we are going to stick with our idea that big institutions are going to be big buyers of Bitcoin headed into the end of the year. The recent rally in big coins and alts is creating a sense of FOMO in the crypto markets. The crypto bid should eventually spill over in Bitcoin. The idea is to stay hungry and maintain your eagerness to...
With the move above 190 and then 200 our bullish Ethereum thesis is in tact and rocking. In research, you get paid for imagination. We believe that ETHUSD is now in what Elliot practitioners call a three wave up. That means ETHUSD could be starting a really big up trend. If that is true, we feel ETH can start a move to 480. In the short term, if ETH takes out...
Waiting to see if our bullish idea for Bitcoin will pan out or not, seems a bit like waiting for a table in a really good restaurant. You're annoyed that you have to wait, you don't know if you'll ever get in, but you're really looking forward trying the food if you make it to a table. In BTCUSD, we are just waiting. Right now, the focus is on a possible head...
Usually, you don't touch an alt coin after a big rally. TRONBTC may be an exception. We noticed that TRON is breaking above its 21-day moving average on its daily chart. That moving average has been a huge pivot for TRON during it's relentless bear market. Every time it reached that level, it was a sell. Rumors the coin had fundamental problems likely fueled...
With ATOMBTC, we promised ourselves we would not to chase an alt...especially one that is at technical resistance like ATOMBTC We feel it's best to remain neutral and look for buying opportunities if bullish structures appear.
In a never ending search for SOMETHING positive in Ethereum, we drew Fib speed resistance lines off the 800 high in May of 2018. While the struggle in the 190-200 zone is real, it is possible that Ethereum may be making a quiet break through major resistance points from the Fib speed lines. We know the negative case for Ethereum. It has to do with technology....
Looking at the 89 minute chart of BTCUSD, we see that BTC has slipped from our preferred bullish zone near 10,400. However, that might be good news for tactical dip buyers. 10,150 seems like decent support as that is the 50% retracement of the most recent up move. If you are a short term player, this might be a chance to take a shot on the long side. In our...
ETHUSD can try the patience of a saint. If you talk to a hard core $ETH fan, depression is notable. Right now, ETHUSD is sitting near a big moving average and Fib retracement level near $190. If you follow technical theory, you should not buy below resistance. So, we have to remember to remain patient. A move through $190 would be constructive. We think it is...
There are several things that have us more constructive $BTC. First, the monster rally in 2017 started right around 9/15. Market's love symmetry. So, a big move begin now, repeating what happened in 2017. Next, the recent full moon shows up in our Gann cycle work as a date that creates a bullish time window (not shown). Looking at a 50 period moving average on a...
$ATOM has hit our target near 3382. That level is the 23% retracement of the recent down move. If you assume $ATOM is still in a bear market, then today's 11% move should complete the corrective rally. That would leave $ATOM at the mercy of any new up move in $BTC...which we believe is coming. The next level to watch is near 4138. If $ATOM manages to rally past...
ETHUSD is caught in technical limbo. ETHUSD is below a key Fib number near 190. ETHUSD would have to be trading above that to really be bullish. Support below is at the 76% retracement of the recent up move. That level is 150. Just writing 150 gives us the creeps. As with the alt space, all we can do is hope. In military strategy, hope is not a tactic. In crypto,...
Most people are watching a triangle formation in $BTC. We are taking a slightly different approach. We are watching 10,700 in $BTC futures. We watch futures because that is what the institutional funds may need to pour into if equities turn lower or if equities go sideways. As you can see on the chart, the top Fib speed resistance line has provided resistance on...
Looking at the 2-day chart of ATOMBTC, we see ATOM approaching the 23% retracement of the June - September down move. The level to watch is 3382. That zone also contains horizontal resistance. The final thrust lower in August in ATOMBTC started near this level. If ATOMBTC can launch above 3382, it could have much bigger upside potential. One potential upside...
Today we will provide technical analysis for BTCUSD, Etherereum vs BTC and the biggest mover for the last 24 hours: Wanchain, WAN vs BTC. Raphaël Comte Investment Analyst at Token Metrics Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency,...
Today we will provide a technical analysis review of Bitcoin, Ethereum against its Bitcoin counterpart and the biggest mover over the last 24-hour Icon vs Bitcoin. Raphaël Comte Investment Analyst at Token Metrics Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business,...
Today, we will review the technical analysis for BTCUSD, ETHBTC and the top gain performer during the last 24h, MTLBTC. Raphaël Comte Investment Analyst at Token Metrics Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested...
DUSK Network has shown an incredible resilience this week while altcoins have been suffering against their Bitcoin counterpart. The coin has managed to attract buyers and maintain the buying pressure throughout the week, sending a very bullish signal. After such a strong move, the coin is showing some signs of weakness. Momentum has been falling, volume has been...
Ethereum continued to drift lower as expected, reaching the year lows at 0.017. Sellers remain in full control, especially after this aggressive bull trap that was formed on the failed downtrend breakthrough. We are now sitting at the year lows and buyers remain absent which doesn't support the bull case despite a bullish crossover appearing on the stochastic...