Tag: crypto-trading
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Bitcoin bounces at key support ahead of Fed decision.
This article will provide an update on the current technical set up on Bitcoin. Before we jump into the charts, let’s talk about some headlines making their way around mainstream financial media. The world’s largest cryptocurrency dropped to a one week low as traders and investors awaited CPI and the Fed decision. CPI for the…
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Bitcoin bulls beware! Topping pattern to trigger more downside?
You know I was hoping to enjoy this weekend off from charts, but I could not help myself. Many traders, even just for curiosity, had their eyes glued on the bitcoin chart given the Israel-Iran tensions over the weekend. Before the markets closed for the weekend, they did sink as the Iranians said they were…
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![US Bitcoin ETFs begin first day of trading]()
US Bitcoin ETFs begin first day of trading
Bitcoin bulls have been waiting for this news. The biggest catalyst touted by Bitcoin traders and investors was the SEC approving US Bitcoin ETFs. That day has come and US Bitcoin ETFs have begun trading today. The SEC approved the first ever batch of Bitcoin ETFs to come out of the US with the green…
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![Ethereum Rips on London Fork EIP 1559, Smoothing Transactions and Gaslight Fees.]()
Ethereum Rips on London Fork EIP 1559, Smoothing Transactions and Gaslight Fees.
I don’t like to be the guy to say “I told you so”, but DAMN! I told you so! From a technical perspective, all the stars were aligned for Ethereum to rip higher! When you approach trading as a business of probabilities, the goal is to align as MANY positive confluences as possible! If you…
