Hi Traders! Today we look at the analysis of Bitcoin, but a bit unconventionally - on the weekly chart. This is currently absolutely crucial. It is important to realize that it is the daily, weekly, and monthly charts that are watched by large institutions and banks. The movements on the hourly charts are not interesting to them and they look at the chart and its...
Hi Traders! Why does Bitcoin grow and other altcoins not? Why don't small altcoins grow against Bitcoin despite the growth of Bitcoin? Find out more in today's analysis. Today we analyze the dominance of Bitcoin, which is absolutely key for traders. What is it actually telling us? Currently, Bitcoin dominance is at 61.71%, which means that up to 61.71% of all...
Hi Traders! Today we look at the cryptocurrency Tron (TRX). Tron divides cryptocurrencies enthusiasts into two camps. One can appreciate the creativity of their marketing and the other thinks that this cryptocurrency does not bring any added value. However, TRX is in any case among the TOP 20 largest cryptocurrencies and is currently forming an interesting...
Hi Traders! Today we will take a look at the popular cryptocurrency - Chainlink (LINK). In the spring and summer, its growth aroused huge interest. After the March declines, it was around USD 1.28. It reached its absolute maximum in mid-August at USD 20.10. We are talking about a growth of about 1 460% in half a year. That was what brought Chainlink a lot of...
Hi Traders! In today’s analysis, we will look at the new cryptocurrency that has managed to drive the whole crypto world crazy in recent days - Polkadot. The Polkadot, which has the acronym DOT in recent weeks, has caused a huge stir. This "rocket" quickly reached the TOP 10 cryptocurrencies by capitalization. It is currently priced at about $ 5.60 . It was...
Hi Traders! In today's analysis, we will look at the LTC / USD pair. The basic question we will discuss today is - has LTC reached its maximum? For analysis, we will use a daily chart. What do we see on it? We can notice that the LTC reached a very strong resistance of USD 68 - 72. Second, we can notice divergences on RSI. The chart made a new high, but the...