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All Star Charts Crypto

Keep an Eye on This Crypto

January 25, 2023

I hear ya.

You don't want boring words.

You want trade ideas!

We know we haven't published many over the last year. But this has been a purposeful decision.

Think about what's happened. People who forced old strategies in this bear market were culled.

This environment has been the polar opposite to the Solana summer. You can't buy random shitcoin breakouts and multi-bag trades within a few days.

It just hasn't been that kind of market.

But this is potentially changing.

 

 

 

All Star Charts Crypto

Assessing Crypto's Momentum

January 23, 2023

There's a high degree of momentum driving the market.

Last week, we saw a continuation of this bullish action, with Bitcoin and altcoins taking out local resistance levels.

This comes as little surprise, considering the trends are now unequivocally higher.

 

 

 

All Star Charts Crypto

Taking a Tactical Look

January 18, 2023

We did it.

We've flipped the book long.

With Bitcoin $BTC and Ethereum $ETH reclaiming their prior-cycle highs, we even went as far as arguing that this recent move represents a structural regime shift for the asset class.

In our view, both the short and intermediate-term trends have now definitively shifted higher.

This comes within the context of a slew of risk-on developments in traditional markets.

 

 

 

All Star Charts Crypto

A Structural Shift

January 17, 2023

What a week, eh?

Bitcoin had its best week in two years, with the orange coin rallying 22%. Many coins followed suit, with names like Solana gaining a whopping 60% last week.

This move was merely a continuation of the momentum we pointed out at the beginning of last week, with many of our internal breadth metrics moving into bullish conditions.

 

 

All Star Charts Crypto

Some Context for This Rally

January 10, 2023

There's no denying many alts have posted sizeable gains over the last week.

But the fact remains that the appropriate conditions have yet to align for us to flip the book long.

Perhaps the best example of this is the recent move in Gala $GALA.

From the lows to the highs, Gala saw a 230% gain in the space of two weeks. It is, by far, the strongest name in this entire market rally.

But despite this 3x move, we're still below this broken support. Chances are, bears will step in here, and Gala will see some rightful consolidation.

This is just not a chart we want to buy on any level.

Harmony $ONE looks similar in that its retesting this breakdown level from the underside.

All Star Charts Crypto

Altcoins Gather Momentum

January 9, 2023

Over the last week, we've seen momentum flow down the cap scale in crypto markets. Many altcoins have posted sizeable gains coming from historically skewed levels.

This is happening in the context of a tightening volatility regime, where price stability in Bitcoin, Ethereum, and most alts were at some of the highest levels in recent history.

 

 

 

All Star Charts Crypto

Giving Saylor the Benefit of the Doubt

January 4, 2023

Make no mistake: Volatility is around the corner.

While price action is trending in nature, volatility mean-reverts. Periods of low volatility precede volatility expansions and vice versa.

So, where do we find ourselves today?

Bitcoin's price stability is at its third-highest level in the last five years.

Have you noticed?

Crypto volatility has completely died off. You'd probably get more juice trading the equity indices than shitcoins these days.

These extremes in volatility -- or lack thereof -- don't last long.

So, we're placing a high likelihood that Bitcoin will make a decisive move in the coming weeks.

And how are we looking to profit from this upcoming move?

 

All Star Charts Crypto

The One Comforting Truth

December 28, 2022

This market's been so easy, right?

You literally had to do nothing, and you've outperformed some of the most sophisticated crypto trading firms on the planet.

By loss realization and institutional contagion, this is the single worst crypto bear market in history.

So, if you're still here with a few dollars to your name, take solace in the fact that you've done a better job at risk management than some of the most intelligent players in the space.

For us, our process has been incredibly simple.

The trend has been down, and we haven't wanted to buy rallies until some long-term bullish shape has been put in.

In recent months, we've been incredibly persistent with our cautious approach while most coins are below their June lows.

Take our equally weighted altcoin index. There's nothing to be done here: