Category Archives: Solana (SOL)

Candlestick charts have three distinct parts to them: the real body, the upper shadow and the lower shadow. These parts are defined by four markers: the low, the close, the open and the high. The real body represents actual movement of the graph over a set period of time, be it a minute, an hour, […]

When I see hoards of young and inexperienced traders musing about manipulators and puppeteers, I am amused. They believe that some particular entity can control the price of an individual asset or the entire market as a whole. If so, then God is just an old man in the clouds. Yes, of course, there are […]

Over the weekend, a daring bullish trend prevailed on the cryptocurrency market. Bitcoin’s price continued to rise, reaching up to $11,250 on Saturday, while the total capitalization of all assets exceeded half a trillion for the first time in February, reaching a maximum of $520 bln. Bitcoin dominance continues to grow- by Monday it was […]

By Tuesday’s beginning, the bullish trend continues to dominate the cryptocurrency market. Total capitalization is $510 bln, just as it was two days earlier. During the day, Bitcoin price had grown by 8.2 percent to $11,550 while its dominance increased by another hundredth- now it is 38 percent. The underlying asset continues to grow more […]

According to the Bank of England, Bitcoin isn’t a currency. Governor Mark Carney said: “It has pretty much failed thus far on … the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange.” The good news is that, even […]

The cryptocurrency market was overflowing with fateful events on Tuesday as we watched with great interest. Though not on the first try, Bitcoin did manage to overcome the critical resistance level, reaching a maximum of $11,800 during the day. However, just a few hours later, the bears came out of their long hibernation and struck […]

Let’s start with the good news. It’s highly probable that on Wednesday we saw the end of the localized Bitcoin correction (and therefore, the entire cryptocurrency market correction). On  Feb. 22, the underlying asset arrived at better form than the day before. Although BTC price hasn’t fully rebounded from the fall, the impulse for the […]

By the beginning of Friday, despite numerous signals to the contrary, the bearish trend persisted on the cryptocurrency market. Now it’s clear that the situation is not just a local, but a full-fledged correction that involves all assets. Due to the buyers’ indecision, total market capitalization decreased to $425 bln which is comparable to the […]

When a trader has looked at charts long enough, it can become a kind of meditation, and he learns to notice the tiniest changes. He uses the price graphs to determine the state of the market much in the way of a Tibetan doctor. He takes the market’s pulse and feels its condition: weakness or […]

Last weekend was another nerve-racking one for cryptocurrency investors: the market continued to fall, although the rate of asset price decline slowed significantly compared to the middle of the week. On Sunday we watched again as the bulls timidly attempted to change the situation, but their indecision precluded a clearly defined turnaround. So now, by […]