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Crypto Trading and Strategies
Ethereum (ETHUSD) continued an ongoing bottoming effort this past week just below the psychologically key 200 whole figure level, trying to position for a more sustainable bounce as hinted by the bottomish weekly and daily RSI, Stochastics and MACD. Nevertheless, before bulls get excited, most will want to first see ETHUSD reclaim the September high. […]
Darren Chu, CFA
Crypto Trading and Strategies
Ethereum (ETHUSD) slid this past week back below the psychologically key 200 whole figure level, but remains well positioned for a more sustainable bounce as hinted by the bottomish weekly and daily RSI, Stochastics, and MACD. Nevertheless, before bulls get excited, most will want to first see ETHUSD reclaim the September high. Any successful break […]
Darren Chu, CFA
Crypto Trading and Strategies
For many people, cryptocurrencies remain an abstract idea removed from everyday life. Most people aren’t even aware of the technology. But one application that can push cryptocurrencies into the mainstream is payments. Making it easy and safe for consumers and businesses to pay bills, buy and sell stuff, and deposit and withdraw funds offer significant […]
Zelong Wang
Crypto Trading and Strategies
Ethereum (ETHUSD) bounced this past week back above the psychologically key 200 whole figure level. Bulls are beginning to feel emboldened as seen by the bottomish weekly RSI, Stochastics and MACD, but should watch out for a bit more healthy profit-taking in the next day or so as hinted by the drooping daily equivalents. Further […]
Darren Chu, CFA
Crypto Trading and Strategies
Ethereum (ETHUSD) is under growing pressure as it enters a new week, and is arguably breaking upchannel support (on the daily chart). Bulls should not rule out a deeper slide further below daily chart upchannel support (as hinted by the weekly Stochastics turning down from overbought levels). A deeper reversal will likely find initial support […]
Darren Chu, CFA
Crypto Trading and Strategies
TALLINN, Estonia – Innovative trading platform Geco.one launched its Initial Exchange Offering (IEO) today. Geco.one is novel because lets users invest with a professional cryptocurrency trader. Any user can select a trader on the platform and let that trader manage their assets. The trader combines the assets with their own trades. The company says since […]
Forkast.News
Crypto Trading and Strategies
Ripple (XRPUSD) is bumping up against ascending triangle resistance (on the daily chart) and the psychologically key 0.5 whole figure level. A break above this multiple resistance zone in the next week or so will likely be quickly followed by a test of the psychologically key 0.75 level. XRPUSD is a prime candidate in the next few […]
Darren Chu, CFA
Crypto Trading and Strategies
Ethereum (ETHUSD) continues consolidating just below the psychologically key 250 level after a torrid H119 bounce. Significantly, although ETHUSD remains positioned to resume pushing higher later this month, ETHUSD appears to be vulnerable to more profittaking this week as it tests upchannel support (on the weekly chart). Note that the two breaks below upchannel support […]
Darren Chu, CFA
Crypto Trading and Strategies
Ripple (XRPJPY) is edging higher again as it appears to be readying to play catch up to Bitcoin (BTCUSD) which has outperformed XRPJPY in recent months. XRPJPY will be less bogged down this week by the somewhat overbought conditions slowing BTCUSD’s torrid advance, and has stronger momentum heading into this week. With massive gains on Bitcoin […]
Darren Chu, CFA
