Cryptocurrency Majors Are About to Breach Key Support

Cryptocurrency Majors Are About to Breach Key Support

There isn’t much that can be said here…just a few images:   Bitcoin is about to break below key support Litecoin already broke below key support Ethereum is slowly moving toward key support Ripple is also moving toward key support The issue here is that the next...
UPDATE: Cronos Breakout Target Hit, Uptrend Near Confirmed

UPDATE: Cronos Breakout Target Hit, Uptrend Near Confirmed

Earlier this month, we covered a potential breakout scenario for Canadian cannabis stock Cronos Group (CRON).   The setup illustrated in steps (1) and (2) show the anticipated breakout. We had an initial target of $7.94 which was eventually hit (3). Price immediately...
Should I Buy Bitcoin Now or Wait?

Should I Buy Bitcoin Now or Wait?

If you’re a HODLER type, then it might not really matter much as long as you believe that Bitcoin will someday operate as a common currency and that you have the capital means to make such a purchase.   But if you want to be more discriminate as to timing your BTC...
Identifying Trend Reversals Using Price Action

Identifying Trend Reversals Using Price Action

The tricky thing about speculating on trends is that the very notion of a trend is a projection of something past folded into the present. In other words, it’s something of a paradox, but that’s beside the point. Essentially, you can’t predict the...