Prior uptrend, multi-year consolidation, base breakout, new uptrend? pic.twitter.com/lDRxT1SUcA — J.C. Parets (@allstarcharts) August 14, 2020 Today’s Chart of the Day was shared on Twitter by JC Parets (@allstarcharts). It’s a weekly candlestick chart of Bitcoin over the past five years. Remember Bitcoin Mania in 2017? The cryptocurrency surged more than 1,800% that year, from […]
Chart of the Day – Thursday, July 23rd, 2020
Until Bitcoin breaks decisively above 10,000-10,500 and confirms the start of its new uptrend, the only theme I care about is Ethereum's outperformance. Been highlighting this base since June and it's finally resolving to the upside. That's the story for now imo. pic.twitter.com/nQfx47qIsX — Tom Bruni, CMT (@BruniCharting) July 23, 2020 Today’s Chart of the […]
Bitcoin Breaks Down But Remains Leadership
While investors have been busy with headlines related to the Fed, trade negotiations, Brexit news and more, it has been a relatively quiet summer for the usually rambunctious Cryptocurrency market. Bitcoin ($BTCUSD) and “Alt-Coins” such as Ethereum ($ETHUSD) and Litecoin ($LTCUSD) rallied aggressively from April to June but volatility has since cooled off as prices […]
Crypto Back in the Limelight
Bitcoin ($BTCUSD) has had a very strong last couple of months after bottoming around $3300 late last year and into 2019. The same can be said for Ethereum ($ETHUSD) or Ripple ($XRPUSD). Bitcoin recently surpassed the $13,000 level and this has sprouted a new surge in Crypto Mania. So, where do we currently stand? Tarek […]
Litecoin Shines During Recent Crypto Bounce
Crypto charts have been creeping back into the financial twittersphere lately. As most popular coins ala Ethereum, Bitcoin and Ripple are still cooling off from last year’s bloodbath, one coin has been showing consistent outperformance. As Trader, Peter Brandt points out in his tweet below, “in the past three months $LTC has doubled in value […]
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