Crypto Bloodbath Gets Extended, Bitcoin Forming a Triple Bottom – Technical Analysis

The crypto bloodbath that started during the first week of May seems to be having an extension as crypto prices continue to plummet during the weekend. Prices of the top cryptocurrencies got pulled back to the March 31 lows, which…

NEO on Correction Mode, Struggles to Hold Support Lines – Technical Analysis

NEO is currently on a downward trend this past 2 weeks. After a nice bull run during the month of April that boosted NEO with more than 40% price increase trading over Bitcoin, a 2-week bearish trend opened the month…

Crypto Coin Review: IOTA – Machine to Machine Economy – High Level

IOTA is one of the most promising cryptocurrency projects currently in development. Sitting at the number 9 spot in terms of market capitalization, IOTA is priced at $2.07 as of press time. What is IOTA? IOTA makes use of distributed…

Bitcoin Price Nosedives Heading into Death Cross Again – Technical Analysis

The cryptocurrency market is experiencing another down trend. The top 20 cryptos are currently sitting at losses, with the exception of Tron, which is making a decent bounce. Bitcoin is trading at $8,340 as of press time. The month of…

Bitcoin Pattern Indicates New Bullish Sign – Technical Analysis

Bitcoin has been recovering during the month of April and the open of the month of May. Some minor correction happened during the past week with Bitcoin failing to breach the $10,000 mark, and falling back to the $9,000 level.…

4 Things to Consider for Long Term Cryptocurrency Investments

The cryptocurrency market is starting to become a booming market, attracting more and more new investors every day. Different investors have different trading strategies. Some do day trades, while others prefer the long term strategy. If you are deciding on…

Top 5 Long Term Cryptocurrency Investments for 2018

Cryptocurrencies are starting to become mainstream. After the meteoric rise that happened during the last quarter of 2017, cryptocurrencies became a major concern for investors looking for new investments other than the financial market. Even during the 3-month slump that…

Technical Analysis 101: How to Use the Fibonacci Retracement Tool

The Fibonacci Retracement tool is a very common tool that investors use in both the equity market and the cryptocurrency market. This tool helps in determining the points for selling and locking in positions. What is the Fibonacci Retracement Tool?…