Category: ETHUSD

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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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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Bitcoin and Ethereum Technical Chart Update. Support Reached.

Bitcoin and Ethereum acting as I laid out in last week’s Market Moment covering the cryptocurrencies. Bitcoin has hit its support, while Ethereum battles at $3000 but a major support still sits below. Just want to mention how yesterday’s Market Moment on stocks was bang on. The Nasdaq and the S&P 500 held above our… Read More »Bitcoin and Ethereum Technical Chart Update. Support Reached.

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2022 Technical Outlook: Cryptocurrency

2021 has been a huge year for cryptocurrency, and 2022 is setting up to be just as big for this sector/asset class. A quick review of some major events this year: Bitcoin and Ethereum hit all time record highs, the Coinbase IPO, Dogecoin going crazy, Elon Musk tweets, institutions classifying cryptocurrency as an asset class,… Read More »2022 Technical Outlook: Cryptocurrency

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2022 Technical Outlook: Cryptocurrency

2021 has been a huge year for cryptocurrency, and 2022 is setting up to be just as big for this sector/asset class. A quick review of some major events this year: Bitcoin and Ethereum hit all time record highs, the Coinbase IPO, Dogecoin going crazy, Elon Musk tweets, institutions classifying cryptocurrency as an asset class,… Read More »2022 Technical Outlook: Cryptocurrency

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Wellfield Technologies (WFLD.V) Bounces 10% Off Of Record Lows

Wellfield Technologies (WFLD.V) printed new all time record lows on December 20th 2021, but a day after, the stock popped nearly 15% off of record lows. At time of writing, Wellfield still is up 12 cents or 10% for the day. Wellfield Technologies is focused on unlocking the power of decentralized finance (DeFi) by building… Read More »Wellfield Technologies (WFLD.V) Bounces 10% Off Of Record Lows

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