[isatrader]

Bitcoin - 4 hour chart continuing to build the short term trading range. Currently in Wyckoff Phase B - which is the testing phase of the trading range 

   

[isatrader]

$ADAUSD Cardano - weekly chart

Stage 2 continuation breakout attempt to new highs with strong relative volume and relative strength new highs

   

[pcabc]

$ADAUSD Cardano - weekly chart

Stage 2 continuation breakout attempt to new highs with strong relative volume and relative strength new highs

I've just set up a demo account and that is one of the positions I've opened, I'll have to see how it goes.

[pcabc]

$ADAUSD Cardano - weekly chart

Stage 2 continuation breakout attempt to new highs with strong relative volume and relative strength new highs

Are you basing your relative strength on the S&P500 or something else?

[isatrader]

Are you basing your relative strength on the S&P500 or something else?

RS is always versus the S&P 500 first so that you have a baseline to compare everything universally. But would use Bitcoin as the secondary RS for all Cryptos

[isatrader]

Dogecoin - Daily chart

Looks to have had a short term buying climax, as is showing a change of behaviour, with a big move lower today. Down -25% currently.

   

[isatrader]

Crypto - secondary major currencies - 4 hour charts

Ethereum, Ripple, Litecoin, Cardano

               

[coadyp]

Crypto - secondary major currencies - 4 hour charts

Ethereum, Ripple, Litecoin, Cardano

I invested some change in Cardano around two weeks ago after reading the book from cover to cover with a prior interest in crypto. Do you think Stan Weinstein's approach is still relevant to the crypto market considering the volatility? From what I understand so far, Cardano doesnt look like it will be stopping anytime soon and I am thinking of rebuying to ride it out.