Weekly Review for $BTC, BTC Dominance, $MATIC and $DYDX
Week of falls in the crypto market after the events that occurred during these days with the FTX cases and the SEC ruling against Ripple that have caused a chain effect that affected the entire market. $BTC has generated a lower low, breaking through the $18k support zone. This situation leaves a scenario of fear […]
TraFi vs CeFi vs DeFi, check your convictions
Being in a full and conscious economic recession, given the data of the last 2 quarters with a negative GDP growth -1.6% in the first quarter of 2022 and -0.9% in the second quarter of 2022, these are the moments where we must review our convictions and put on the table whether we really have sufficiently […]
No Delta-Neutral, No Paradise
The term “Delta neutral” generally describes a strategy that involves a long and a short position, where a combined exposure in both, results in a market neutral position, i.e. you turn a trend (bullish or bearish) into a calm sea. Therefore, the Delta measures the directional variation of a position (-1, 0, +1), so Delta […]
Harmonic Patterns 2- Trading
Continuing with the topic of last week, we are going to study an example of one of the harmonic patterns that we discussed. In this case it is a Bullish Butterfly pattern that occurred in the $CHZ token in mid-June. This is a pattern that is composed of a main upward movement (X-A), which precedes […]
Trying to run away from distribution
We have long wanted to reach this point where we can talk about the market on a positive note, albeit with all the caution in the world. The fact is that we can really appreciate an important change of context in the market, visualized with a stabilization of the ratios and a positive context in […]
Stratis Analysis – STRAX
This week the crypto market leaves us with a bearish movement, but remains in the range of the previous week as we can see in the Total Capitalization chart and continues to respect the previous low that generated the rebound from the bottom of the bearish channel that has been tracing since November 2021. The […]
MONERO Analysis – XMR
This week started with new monthly lows in $BTC and $ETH that falsified the support zone in both cases, but that same day left a bullish rejection move that leaves us a range between $39k and $43k in the case of $BTC and between $2.9k and $3.2k in the case of $ETH. This movement in […]