by Edward Gonzales | Nov 27, 2021 | Cryptocurrency, Trading
It would appear as though Bitcoin faced some rejection after recent bearish divergence was observed. Bitcoin has been on a downtrend for 17 days at the time of this writing. The most recent downtrend prior to the most recent uptrend lasted a total of 21...
by Edward Gonzales | Aug 31, 2021 | Cryptocurrency, Trading
In today’s analysis we will be looking at a few altcoins. Under the microscope will be HEX, DOT, and BNB. We will be doing a technical analysis only, disregarding fundamentals. HEX HEX is showing a valid uptrend as daily candles reach past a previous all time...
by Edward Gonzales | Aug 22, 2021 | Cryptocurrency, Trading
Nobody has a crystal ball to tell them where the market is going or what a coin pair may do next. There are however some common trading patterns and setups that could potentially alert a trader of a profitable move. It is up to the trader to be able to spot them and...
by Edward Gonzales | Mar 6, 2021 | Cryptocurrency, Trading
Reading Candlestick Charts Price is reflected in candlestick patterns. As a day trader, you should focus on the 15-minute Btc candlestick chart but also look at the hourly and daily candles. Regardless of the time frame, certain rules apply when reading candlestick...