Once Again…Patience is Key

Once Again…Patience is Key

SummaryAs our regular tweets have stated, Bitcoin had rallied over $21,000 since the July low into an area of overhead supply that led us to our short term target of between 50,000 and 51,300. We have referred to that supply as the “spring time bag...
What’s in your Wallet

What’s in your Wallet

This Week’s “What’s in your Wallet” (hope it’s #ETH). Use relative strength to help make your choice. The Eightcoin Index was built using the eight coins presented below in www.optuma.com
Bitcoin

Bitcoin

#BTC   Short term support is at 37,400. There have been several positive technical developments since I left on sabbatical last week. There was a successful test of support at the Median line (blue dashed line) of the short term Schiff Pitchfork. Also, an...
Week over week change in “TR”

Week over week change in “TR”

The objective ranking or technical scoring system (“TR”) uses multiple technical condition considerations that include Weekly and Daily trend, Weekly and Daily momentum, moving average positions, measurements of accumulation/distribution and relative...