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It appears this seven month bear market is reaching its concluding stages.

There is an increasing number of bullish developments that point to a Bitcoin breakout.

I think there is going to be tremendous opportunity to make money in the...

All Star Charts Crypto
Crypto Outlook
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There are few updates.

I am still bullish over the coming months and quarters. Crypto looks to be shaping up rather nicely.

Over the short-term, however, there is a small bearish price setup.

 

All Star Charts Crypto
Crypto Outlook
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Momentum has returned back to the crypto asset class over the short term.

Although there is work to be done, it is positive to see the S&P 500 reclaim a new high and Bitcoin traders return back to making money.

I have changed my...

All Star Charts Crypto
Crypto Outlook
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Heading into last week I shifted my short-term bias (weeks) from neutral to bullish.

This worked out rather nicely, with the S&P 500 closing every day in the green and crypto markets getting some relief from this recent selling.

I have...

All Star Charts Crypto
Crypto Outlook
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I've anticipated sideways price action for a month.

This continues as my intermediate outlook (months) has shifted from bullish to neutral as Bitcoin lost $56,000 and stocks appear as if they need time to improve.

My short-term outlook (...

All Star Charts Crypto
Crypto Outlook
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The crypto market is trading sideways after a major liquidation event last month.

My base case is for sideways trading for at least a month before an upward move into year-end.

I have little trading exposure and think patience in the near-...

All Star Charts Crypto
Crypto Outlook
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Recently, I've flipped to a higher conviction bullish view. I'm of the belief this last leg lower purged a great deal of longs from the futures market, of which provides us fertile grounds to build a new trend.

In the short-term, I still think...

All Star Charts Crypto
Crypto Outlook
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The primary theme in crypto is that we have just undergone a significant rinse in bullish positioning. This is positive to see.

Although, the market does tend to take some time to shape up following this deleveraging events. We want to play...

All Star Charts Crypto
Crypto Outlook
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Last week saw an incredible amount of investor panic.

Often, you want to take the other side of this emotion. But before we do this with any conviction, we need to see market trends shape up in more bullish fashion.

We entered Bitcoin long...

All Star Charts Crypto
Crypto Outlook
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Crypto volatility has surged once again, and it's understandable if you're feeling stressed from this recent move.If you’re holding crypto assets, you might be experiencing a significant drawdown. This volatility is a natural part of the investment...

All Star Charts Crypto
Crypto Outlook
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The Ethereum ETFs finally hit the market last week in a "sell the news" fashion. This dragged Ether lower last week.

All Star Charts Crypto
Crypto Outlook
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Investors are preparing themselves for the launch of a second wave of crypto ETFs. With Ethereum up over 25% in recent weeks, it's clear the market has positive expectations for these new products.

All Star Charts Crypto
Crypto Outlook
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Last week I maintained my bullish directional biases even in the face of another down leg in crypto markets. Today, we're monitoring an increasing number of failed breakdowns, meaning that bulls are once again asserting control of the tape.

All Star Charts Crypto
Crypto Outlook
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Crypto markets have continued their sell-off into last week, with Bitcoin losing the critical 60,000 support level and the total crypto market-cap briefly dipping below $2T for the first time since February.

All Star Charts Crypto
Crypto Outlook
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I've been maintaining a neutral short-term bias for the last five weeks, which has helped us keep away from much of the precarious action over this period. But I'm seeing mounting signs that point to a tradable low being carved, and as such, I'm...

All Star Charts Crypto
Crypto Outlook
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Heading into last week we were mindful of the compression in volatility which meant an increased likelihood for larger price swings. Further, we were being patient given a number of our data sets were pointing to mixed signs.

We've seen selling...

All Star Charts Crypto
Crypto Outlook
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I'm maintaining my neutral short-term bias. My data sets are mixed, with some indicators pointing in bullish territory while others skew bearish.

Volatility has contracted to extreme levels. Given volatility's mean-reverting nature, we're likely...

All Star Charts Crypto
Crypto Outlook
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Last week saw short-term weakness manifest in crypto markets. For the time being, I still have a neutral short-term bias in the context of a longer-term bullish outlook.

All Star Charts Crypto
Crypto Outlook
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I don't have much directional conviction in the short-term. I want to see Bitcoin break 73,000 before getting overly optimistic in the coming weeks.

All Star Charts Crypto
Crypto Outlook
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I'm seeing a number of positive developments that supports an intermediate-term bullish bias. The current weight of the evidence points to further upside in the coming months.

All Star Charts Crypto
Crypto Outlook
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Bitcoin continues to move higher following its retest of the 60,000 support level. The short-term trends in crypto markets are higher, which aligns with equity markets making new highs.

All Star Charts Crypto
Crypto Outlook
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There's no denying that the trends in crypto have been rather messy over the last few months. Bitcoin and most crypto assets have been consolidating their gains and many cryptocurrencies are either rangebound or trending lower in short timeframes.

All Star Charts Crypto
Crypto Outlook
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I've been writing in recent weeks that the best course of action is to adopt a patient approach and let the tape setup more constructively.

Over the last few days, we've moved a step in the right direction. But equally, the high timeframe trends...

All Star Charts Crypto
Crypto Outlook
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Today's a shorter note.

The big takeaway is that I'm not seeing a big reason to do anything from a trading standpoint.

I want to see an expansion in new highs as well as more sustained dollar weakness to have more conviction in adding to...

All Star Charts Crypto
Crypto Outlook
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