This is typically what the beginning of another leg higher for a whole group looks like. Prior uptrends resolving higher out of bases. Not bearish at all. $ADA $SOL $HNT pic.twitter.com/C2W8kg4Dm1 — Pratyush Tulsian (@PrattyCharts) August 20, 2021 Today’s Chart of the Day was shared by Pratyush Tulsian (@PrattyCharts). The chart shows three altcoins over the […]
Chart of the Day – Monday, August 9th, 2021
Today’s Chart of the Day was shared by Fundstrat (@fundstrat). It’s a chart of Bitcoin over the past 2-years with its 200-day moving average in red. Bitcoin reclaimed its 200-day moving average today, after being stuck below it for nearly three months. FundStrat points out that Bitcoin tends to perform much better when it’s above its 200-day […]
Chart of the Day – Wednesday, July 28th, 2021
BTC vs. SPX, Weekly. Bouncing from major support. pic.twitter.com/yldrnwpd54 — Brian G (@alphacharts) July 28, 2021 Today’s Chart of the Day was shared on Twitter by Brian (@alphacharts). It’s a weekly bar chart of Bitcoin vs. the S&P 500 over the past 4.5 years. As a reminder, when this ratio is rising it means Bitcoin is outperforming […]
Chart of the Day – Monday, June 14th, 2021
In my view, it looks like the bottom is in. pic.twitter.com/16Eg8aHxNo — Jurrien Timmer (@TimmerFidelity) June 14, 2021 Today’s Chart of the Day was shared by Jurrien Timmer (@TimmerFidelity). On the bottom is a daily bar chart of Bitcoin over the past 10-months, and on top is the Goldman Sachs Retail Favorites Index (meme stocks). Jurrien […]
Chart of the Day – Wednesday, May 26th, 2021
is #Ethereum $ETH.X a buy here?not for me.. pic.twitter.com/2DuZBsGyPR — Brian Shannon, CMT (@alphatrends) May 26, 2021 Today’s Chart of the Day was shared by Brian Shannon (@alphatrends). It’s a 2-hour candlestick chart of Ethereum ($ETHUSD). Brian reminds us that trying to catch a falling knife often ends in pain. Ethereum peaked around $4,330 on […]
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