Author: Vishal Toora

XRP ready for blast off?

For a technical trader, XRP has provided great signals. The debate whether to invest in cryptocurrency for the long term will carry on, but one cannot deny that technicals work really well with crypto markets. XRP had amazing double digit moves last week, and many are hoping that this trend continues. From a fundamental perspective,… Read More »XRP ready for blast off?

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Ethereum completes long awaited ‘merge’

It has finally happened. The long awaited Ethereum merge is complete and a new era for the second largest cryptocurrency has begun. Ethereum has switched from a proof-of-work system to a proof-of-stake system and drastically reduces the amount of energy it uses. The Ethereum team says energy consumption has been reduced by 99.95%. Energy and… Read More »Ethereum completes long awaited ‘merge’

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Major bitcoin and ethereum spill upcoming?

It was just a few weeks ago where I called the reversal in Bitcoin and other cryptos. Here is a video of me explaining the bottoming pattern and the breakouts on bitcoin and ethereum: Since that call, bitcoin has risen close to 20%, while ethereum has risen over 60%! The patterns that I look for… Read More »Major bitcoin and ethereum spill upcoming?

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Ethereum ready for lift off?

Rejoice Ethereum and cryptocurrency fans. Add in equity bulls too. From a technical analysis perspective, these markets are displaying reversal setups. Ethereum is more advanced, triggering its confirmation over the weekend. First off, why did I say that stock market (equity) traders should also be excited? My regular readers and I have already established that… Read More »Ethereum ready for lift off?

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3 Canadian tech stocks to watch in 2022

Web 3.0, the metaverse, digital payments, software as a service, high-performance computing and the list goes on and on. Tech stocks can be tricky to invest in as most of these growth companies are not profitable. Markets price in future expectations, and investors love betting on the next big thing. I think we can all… Read More »3 Canadian tech stocks to watch in 2022

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Bitcoin hits our first target! Is $12,000 next?

After weeks of warning traders that bitcoin was going to dump hard because of a major technical break, the largest crypto has hit our first short target. $20,000 is a major zone people have been watching as it was the previous highs back in 2017. A picture is worth a thousand words, so the weekly… Read More »Bitcoin hits our first target! Is $12,000 next?

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Bitcoin crash! Is $12,000 next?

How things have changed for crypto’s! The crypto market has went from a high of $3 Trillion in November 2021 to now under $1 Trillion! Bitcoin itself has fallen nearly 70% from its all-time high in November 2021. Some are saying this is crypto’s “Long Term Capital Management” moment. A highly leveraged hedge fund that… Read More »Bitcoin crash! Is $12,000 next?

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