BTC price is pretty close to where we started last Monday which I find funny because it was actually a pretty volatile week with Bitcoin running up on Thanksgiving only to dump the next day as deep as $53.6k. In came a bullish inside bar after that and here we are on the 3rd
Ethereum is currently working its way along the WD Gann 1:1 Arc just above the 38.2 % fibonacci retracement level. This was preceded by a weakening MACD and volume over the last few months as we pushed to new highs. At the moment, price continues to find resistance right along the arc and trend line.
When I said that there were signs of weakness showing in the BTC chart last Monday, I thought that was a pretty reasonable take but didn’t necessarily think price would nuke practically right after I finished writing my post. Nonetheless that’s what happened and I was happy to at least be thinking in the right
Today we are going to look at the Reserve Risk Metric to help determine macrocycle top/bottoms. This is another great metric provided by Checkmate. In this metric – we are in the pursuit of capturing the psychology of market tops and bottoms. The way we capture this is a metric called Reserve Risk. Reserve risk
Bitcoin was in the process of breaking to a new high when I wrote last week’s analysis. That turned out to be the most exciting price action as not a lot happened over the next seven days. Today has started off a down day about -2% and price is sitting at $64k after several days
Much of last week was sideways consolidation for Bitcoin. After several back and forth days, there was a strong breakout last night that pushed price back up to the top of the range. That strength has continued this morning and it looks like another test of the all time high is in progress. While last
$DESO Price on publication of this article: $80.23 What is Deso? DeSo is a social network based on blockchain technology with no company behind it, only coins and code. It is a custom blockchain built from the ground up for social applications to decentralize social media in the same way that Bitcoin and Ethereum are
Bitcoin Analysis: Week of November 1, 2021 Last week we talked about Bitcoin looking a bit overbought but not having broken down yet. I noted that shorts were off the table for me and while some aggressive traders probably got short term setups coming in, price chopped sideways throughout the week and we’re sitting in
Origin Protocol is the blockchain platform for decentralized commerce. It will allow a free an open-source solution for e-commerce platforms so anyone can create an online store and start selling quickly without transaction fees. They also have projects for an NFT marketplace, Defi using the Origin Dollar (OUSD) and the Origin token. Current Price: $0.982
Sources / Credits Surprise AMA 10/30/2021 (From Ethiopia) u/LongTermDigital General State of the Union Alonzo Hard Fork September launch was a great success, and October was about adding in a lot of features. Final stages of a Plutus application back-end (PAB). Transitioning from low-level Assembly language of Plutus to high-level applications like Sundae Swap and
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