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Bagsy

Bagsy
Bagsy is on a mission to becoming a leading figure in the Cryptocurrency space; with a passion for teaching and building a positive community around him Join his free Discord, filled with educational material, a thriving community, and a cool place to hang out and talk crypto. http://discord.gg/Pg6XNVw

Technical Analysis: ETH to follow ADA?

ETH-BTC to ADA structural comparison: Even though the data is rather limited, these two coins have been highly correlated to one-another: ADA/BTC (orange) vs ETH/BTC (green) Except this time ETH-BTC is lagging, with ADA taking the lead with its upcoming IOHK Summit happening on April 17th. If we look at the structural similarities between Ethereum and Cardano, we’re possible at …

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ADA Cardano Analysis

For those of you who haven’t heard of Wyckoff accumulation/distribution patterns, quite simply they are patterns that forecast accumulation (the bottom) or distribution (the top) in an asset. A Wyckoff Pattern These patterns can be used as a tool to forcast future price action. We’ve seen Wyckoff accumulation play out more recently on TRX in December, and KMD last month, …

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TomoChain 31/1 TA Update – Bagsy

$TOMO is printing one of the nicest structures out of all the altcoins. Recently breaking past it’s overhead blue horizontal resistance, turning it into support. Buy volume increasing steadily with the OBV trending upwards. I would not be surprised to see it reach former highs, which also coincide with the 1.618 fib level from the first leg up starting back …

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