cryptocurrency trading

Bitcoin a Buy? Still no.

That’s quite a bold article title. We’re not saying that Bitcoin isn’t a worthwhile investment for the long term, but in the short term there are some signs of further downside still. Looking at the year to date chart (start of 2022 to now) the bearish market trend is all too obvious. Since opening theContinue reading “Bitcoin a Buy? Still no.”

Crypto Update & May Outlook

First lets have a look at what Bitcoin is up to – we recently wrote that BTC has bullish seasonal tendency in May Since we made that post bitcoin has stayed in the same trading range that we outlined, failing to form a trend. We are continuing to look for a break of the tradingContinue reading “Crypto Update & May Outlook”

BTC/USD Analysis – Here’s Our bitcoin playbook for May

Bitcoin has been moving sideways so far in 2022, ranging between $34,000 USD and $48,000. The flagship cryptocurrency’s $14,000 range could be about to break however, and we want to make sure our followers our ready for whatever scenario. Bitcoin 1W Chart Overview On the weekly chart the 50 through to the 500 moving averagesContinue reading “BTC/USD Analysis – Here’s Our bitcoin playbook for May”

CRO/USD ABOUT TO SOAR?

CRO/USD closed yesterdays trading bullish, Having held above the support trendline. Recently price broke the wedge pattern to the upside, a bullish indicator. We’re looking for Crypto.com’s Cronos token to trade back into the $0.65 figure, and potentially further above. Upside target: $0.65 Violated below: $0.3 Entry: at market

AXS/USD at Key Support

Axie Infinity is holding the $45 support level today, after a multi-week tumble. Price has tumbled around 30% over the last two weeks after losing $625M to a hacking incident. AXS/USD broke the descending trendline earlier this year, after a multi month bearish market. Price has now traded back into support, raising the question “shouldContinue reading “AXS/USD at Key Support”

Bitcoin Teetering At Between Support Pivot & MA Resistance

The Crypto King, Bitcoin, has dropped below the $40,000 mark again. Price broke below the 50 and 100 day supports yesterday, closing the day down -$3197 (7.54%) from the daily high. Despite the sell-off Bitcoin bulls still have a few reasons to remain hopeful. The first is that during todays trading price has held aboveContinue reading “Bitcoin Teetering At Between Support Pivot & MA Resistance”

Q9 Launches Automated Portfolio Investments for Crypto Investors

Q9 Capital, a crypto investment platform for individuals and institutions, has launched Auto-Invest to deliver systematic investment strategies to the digital asset market and address the growing demand for convenient portfolio management tools in the sector. Traditional finance is awash with passive investment strategies such as exchange traded funds (ETFs) and robo-advisors that have enabledContinue reading “Q9 Launches Automated Portfolio Investments for Crypto Investors”

Crypto.com Partnership to Send CRO on a bull run?

Crypto.com have been crushing it lately. Over the last two weeks they have announced that they are the main sponsor of the FIFA World Cup Qatar 2022, and a new partnership with Cardlytics, a cash back rewards platform. Is it a great time to buy CRO (Crypto.com’s coin)? It just might be… Crypto.com and FIFAContinue reading “Crypto.com Partnership to Send CRO on a bull run?”

Q1 Close – Crypto Market Recap

In Q1 we saw some very bearish action for a lot of cryptocurrencies, and one of the bigger losers, Cardano (ADA), dropped around 40% during Q1, before making a recovery. Towards the end of the quarter cryptocurrencies made significant recoveries, with Bitcoin trading back into the quarter open level. Below you can see how Bitcoin,Continue reading “Q1 Close – Crypto Market Recap”

Ethereum at key resistance

ETH/USD has traded into an extremely significant resistance on the daily chart (1D Chart) at the $3380 price. The level first formed as a support in October of 2021, and was traded into on the 4th of December 2021 in a flash crash. Price again rejected this level as a resistance throughout January, and nowContinue reading “Ethereum at key resistance”