Ethereum has finally woken up the past couple weeks. After having a strong start to 2018, it is had a huge decline the past couple months. It hit all-time highs on January 13th of $1424 per coin. Since then it has been a non-stop downtrend, hitting lows in the 350’s on April 1st. That’s more … Read more
The cryptocurrency markets have been a bloodbath the past month. It looked like we might start an uptrend back to highs in February and in the beginning of March, but Bitcoin couldn’t hold over the psychological 10k mark. Ethereum and most other altcoins are getting absolutely hammered as well. When we got under the 2/25 … Read more
BNB has been one of the stronger altcoins out there for the past couple weeks. It has been holding up well despite the weakness in Bitcoin and other altcoins. After we saw that big push from BNB on 3/13 and started to hold up near highs of the last push, it was on the top of … Read more
Trading cryptocurrencies is no easy endeavor. In 2017 anyone could open a Coinbase account and buy any of the cryptocurrencies on Coinbase, and they probably would have made money. 2018 has brought the crypto space back to reality. All of a sudden cryptocurrencies are just as difficult as trading stocks, futures, or any other financial … Read more
Despite the continuous downtrend of the cryptocurrency markets this year, there are still plenty of opportunities to make money to the long side. But they have to be quick trades, usually day trades or short-term swings. On the 19th, the altcoin QTUM was just added as a USDT pairing to Binance, which caused it to … Read more
We’ve seen some major weakness in the cryptocurrency markets in the past couple weeks. Bitcoin has recently broken a major support level on the daily chart after failing to breakout above the $11,000’s resistance level. We can see that the failure to hold the previous low from the End of February is a big sign more downside … Read more
Bitcoin just had a very bearish break of support in the past 24 hours. The break of the 9000 level put just about every buyer who was looking for a return to $20k in the past month under water. Despite the strong bounce in Bitcoin and other altcoins in the past month, we have not … Read more
The current market conditions in the cryptocurrency space are very unique. For the first time in over 15 months, there is no obvious trend in Bitcoin and most of the major altcoins. For all of 2017, we were in a bull market comparable only to the tech bubble in the 2000’s and few other select … Read more
Cryptocurrencies in 2017 was a much easier time to make money in cryptocurrencies. 2018 has been a completely different story. People who don’t know anything about trading cannot make money anymore. You actually need to have a trading plan, risk management, and trading setups to capitalize in the cryptocurrency markets this year. Now that the … Read more
There has been a ton of bearish sentiment around Bitcoin in the past month. This is not surprising given the huge retracement we have seen since the turn of the year. Bitcoin has seemed to found a temporary bottom at just under 6k on February 6th. Since then it has rebounded strongly, almost hitting 12k … Read more
