All Star Charts Crypto Articles

From the Desk of Louis Sykes @haumicharts

As technical analysts, we pride ourselves on never being dogmatic in our approach.

Always being open to a variety of scenarios will always be a virtue for market analysts and traders who...

Last week, we worded our letter in a rather dramatic fashion, arguing that Bitcoin was on the edge of the abyss.

Since then, we've seen equity markets make a decisive move to the lows, while...

This is the video recording of our September 23, 2022, All Star Charts Crypto Weekly Strategy Session.

There's no denying our rather cautious approach to crypto markets as of late.

Bitcoin's hanging on by a thread. And the broader trend in risk markets has been lower, in a messy fashion.

So, given this backdrop, what's to be said about...

Yesterday, we framed this market action in a rather dramatic tone, arguing that Bitcoin and cryptocurrencies are staring into the abyss.

With Bitcoin testing its year-to-date lows, there's...

Over the weekend, we've seen risk-off action persist following hotter-than-expected inflation data.

Following the Ethereum merge, most coins have sold off rather aggressively. Bitcoin now lies on a key level of support at its year-to-date lows...

We were traveling this week and didn't hold our regular Crypto Friday Strategy Session on September 16, 2022. But we did prepare the usual chartbook.

Earlier this morning, the long-awaited Ethereum merge was finalized.

Ethereum has successfully transitioned into the proof-of-stake (PoS) model, leaving Bitcoin as the only proof-of-work (PoW) blockchain of scale.

This is a major...

Risk markets tanked yesterday after the release of CPI data for August, as inflation numbers ran hot against expectations.

Crypto markets especially felt the heat, with Bitcoin dropping 10% on the day and Ethereum posting an 8.5% drop.

...

We're a day away from the anticipated Ethereum merge, by which the network will transition from a Proof-of-Work to a Proof-of-Stake model.

Investors are clearly hedging their positions moving into this event, with Ethereum perpetual swaps...

To close the week, we saw a remarkable rally that drove Bitcoin prices up more than 10%. This was the largest single-day gain going back to February 28.

This came after Bitcoin tested the shelf of support near 19,000, while equity markets...

This is the video recording of our September 9, 2022, All Star Charts Crypto Weekly Strategy Session.

It's been a pretty lousy market out there...

There's been so little to discuss in the way of data points that'd pull us from the doldrums.

Strazza sent a brief note in our Slack chat to ask how many cryptos were below their June-July...

Yesterday, we identified a number of developments in crypto and in old-school markets, suggesting it's time for buyers to step in if further damage is to be avoided.

While Bitcoin is in...

This market hasn't thrown us much in the way of productive data points in recent months.

"Messier for longer" has been and continues to be our prognosis for crypto right now. Last Monday,...

This is the video recording of our September 2, 2022, All Star Charts Crypto Weekly Strategy Session.

Getting a fresh batch of monthly candlesticks has to be one of our favorite elements in our process.

Being forced to zoom out provides us with the insightful context of what truly matters -- the primary trend.

Remember, a lot of the...

From the Desk of Louis Sykes @haumicharts

We hate to sound like a broken record. But "patience" is the name of the game in a tape like this.

Looking at the asset class from the top down, it's clear we're still in the basing...

Over the last two weeks, we've made the case for short-term caution and patience. This approach has proven timely, with Bitcoin correcting 20% over this period.

As it currently stands...

This is the video recording of our August 26, 2022, All Star Charts Crypto Weekly Strategy Session.

From the Desk of Louis Sykes @haumicharts

Over the last month, we've been developing a variety of market breadth tools to use in crypto capital markets.

After working out a few technical kinks, we're happy to bring forward more...

It's impossible to ignore legacy markets when evaluating cryptocurrencies.

The two are so intertwined that correlation analysis almost trumps our traditional price analysis.

I hate to say it, but if you want to understand where Bitcoin's...

Late last week, we argued that short-term caution was warranted.

With equities pressing against key supply zones and the dollar beginning to reassert strength, we made the case for...

This is the video recording of our August 19, 2022, All Star Charts Crypto Weekly Strategy Session.