The Bitcoin 4 Day chart is showing record amounts of volume on Coinbase Pro following a huge price crash as financial markets across the globe see record losses during the 2020 Coronavirus Pandemic. The volume measurements register higher than the infamous 2017 Bull run and most recent 2018 Bull Runs at their respective peaks. This says a lot of Bitcoin buyers are interested in the…
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Altcoins have been surging since the start of 2020, bitcoin dominance has dropped nearly 7% as coins such as Ethereum, Chainlink, and BAT see double digit gains. Looking at the bitcoin dominance chart (CRYPTOCAP) we can get clues as to when we can expect bitcoin to surge back as traders take altcoin profit to accumulate more BTC. Looking at the 16 Day chart, we have…
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In this short lesson we will review the bullish divergence trading strategy and demonstrate how it can be used to predict intraday reversals and price movements. This strategy uses a combination of indicators including multiple time frames, candle sticks, moving averages, trend lines, and relative strength. This strategy can be used on nearly any time frame you choose, but this example will use intraday charts…
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Chainlink has seen impressive price performance during crypto winter and with Bitcoin back on the rise above $10,000 a flood of retail money is now expected to enter the market as people rush to get in on the gains. This is the exact momentum that Chainlink needs to push it into a new price discovery phase, as the most recent 2 Day candle has closed…
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Monthly Chart Using basic horizontal support/resistance in combination with fibonacci extension and retracement tools, I’ve determined these levels to be significant for Basic Attention Token, taking all market history into account. $0.11 – December 2018 Lows $0.17 – September 2019 Lows $0.38 – April 2019 Highs $0.50 – January 2018 Monthly Close Basic Attention Token is currently at a significant resistance point at $0.28 with…
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We will start this TA with the daily chart. The first thing to pay attention to is the green line trend line that can be followed back to April of 2019. We saw a second form of support with this level in October of 2019 around $7600 before spiking hard to retest the red line. That resistance held and price broke down in November for…
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As we move further into 2020 its becoming more clear that the bulls are back in town. The cryptocurrency market is rising again and Bitcoin could be on its way to achieving new highs after a brutal bear market in 2018. With Bitcoin trading above $10,000 once again, its helpful to get a birds eye view of the overall market to determine where things could…
Read more![Ethereum Technical Analysis (ETH/USD) [4.4.2019]](https://toshisatoshi.com/wp-content/uploads/eth-2019-04-04-840x560.png)
I just want to do a quick update on Ethereum, it’s been a couple days since the last update. We are now looking to see where we are after the massive climb up we had the other day. We’re getting a slight pullback here, like I was saying in the last video, we can’t make these kinds of moves and break these kind of resistance…
Read more![Bitcoin Technical Analysis (BTC/USD) [4.4.2019]](https://toshisatoshi.com/wp-content/uploads/btc-2019-04-04-840x560.png)
Bitcoin has finally broken the 200 EMA on the daily chart, which we have not seen since July 2018. This move is definitely way stronger than the last time we broke above, so that just puts a little more favor on the bull side as far as the break above the 200. Not only is price breaking above 200 EMA, but also the 8EMA is…
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This is going to be an update to the TA that I posted yesterday. So if you don’t know where we are as far as the weekly and daily chart is concerned, I would suggest just taking a look at the TA I posted yesterday on ethereum and just getting up to speed. So where we left off yesterday we were looking at the channel…
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