Technical Analysis

Technical Update – 8-3-18

Technical Update – 8-3-18

Technical Analysis
It has been a while since my last post. About a month ago the price of bitcoin bottomed around $5,850. At that point in time the market depth charts showed an a large amount of buyers compared to sellers. When the market turned up, the two month long downtrend line…
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Technical Update – 6-1-18

Technical Update – 6-1-18

Technical Analysis
­ What Have the Markets Been Up To Lately? Hi traders! The cryptocurrency markets have been very flat lately. Since my last post the price has declined from the lower $8000s to the mid $7000s, with a low if around $7,100. Most of the market has followed with slight declines.…
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Technical Update – 5-18-18

Technical Update – 5-18-18

Technical Analysis
Hi traders! Unfortunately, the last two weeks have not been very good for cryptocurrencies. If you have been shorting the market you may be up quite bit though! Bitcoin has fallen from slightly below $10,000 two weeks ago to around $8,000 this morning. Looking at the other coins traded on…
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Technical Update – 5-4-18

Technical Update – 5-4-18

Technical Analysis
The price of cryptocurrencies has continued to increase over the last couple weeks. This is great news unless you are trying to short sell! Let's take a look at some high level cryptocurrency technical analysis examples so we can get an understanding of what's been happening in the market lately.…
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Technical Update – 4-20-18

Technical Update – 4-20-18

Technical Analysis
Hey traders! It’s been an exciting few weeks for the markets. Two weeks ago BTC was stagnant in the $6,500 - $7,000 range and the market sentiment was extremely negative. The number of shorts on Bitfinex were at record levels. We were still under the longer-term downtrend line originating at…
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Technical Update – 4-6-18

Technical Update – 4-6-18

Technical Analysis
The market has been down the last few weeks but that doesn't mean that opportunites don't exist. Using some technical analysis on Bitcoin we can form some conclusions on where the best opportunities lie. In this post I have used cryptowat.ch for charting and GDAX for the market depth charts.…
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Technical Update – 3-23-18

Technical Update – 3-23-18

Technical Analysis
The cryptocurrency markets may be acting a little slower than we have become accustomed to but this is normal. There are still opportunities though and you can find them by using basic technical analysis. Remember, the simpler the better! I would like to point out a few things I am…
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Technical Update – 3-9-18

Technical Update – 3-9-18

Technical Analysis
Welcome to our bi-weekly Technical Analysis Update - where you can learn the basics and apply them to your own trading strategy. We plan on building on our content week after week so make sure to catch each of our instalments. Over the last seven days we experienced a large…
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