Damanick Dantes

Damanick was a crypto market analyst at CoinDesk where he wrote the daily Market Wrap and provided technical analysis. He is a Chartered Market Technician designation holder and member of the CMT Association. Damanick is also a portfolio strategist and does not invest in digital assets.

Damanick Dantes

Latest from Damanick Dantes


Markets

Bitcoin Stalls Near Resistance; Lower Support at $40K

Overbought signals on intraday charts preceded the current pullback.

Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Cracks $44K as Short-Term Investors Take Profits

Ether and other major altcoins were up over the past 24 hours.

Bitcoin broke through the $44,000 threshold on Monday. (Harold M. Lambert/Getty Images)

Markets

Market Wrap: Bitcoin Rally Strengthens as Trader Sentiment Improves

BTC gained 6% in the past 24 hours, although trading volume remained low.

(Sebastian Grochowicz, Unsplash)

Markets

Bitcoin's Rally Faces Initial Resistance at $45K-$47K, Support Is at $40K

BTC has confirmed a break above its two month-long downtrend.

Bitcoin daily price chart shows support/resistance with RSI on bottom panel (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Sees Little Movement After Light Weekend Trading

Bitcoin moved little on Sunday after another weekend with light volume, while tokens associated with gaming saw a price bump.

Bitcoin options traders are betting the market waters will stay calm.

Markets

Market Wrap: Bitcoin Rallies as Altcoins Take the Lead

Bitcoin rose 11% in the past 24 hours, less than the 13% jump in ETH and 20% rise in NEAR.

(Glen Rushton/Unsplash)

Markets

Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K

Bitcoin's price will need to remain above $37,000 over the weekend in order to signal the start of a recovery phase.

Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Tops $40K for First Time in 2 Weeks

The price dipped Friday after the U.S. jobs report for January, but reversed as traders grew more confident that the downside is limited.

Bitcoin rallied Friday to top $40,000 for the first time in two weeks. (CoinDesk)

Markets

First Mover Asia: Bitcoin Is Flat in Muted Trading; Ether Declines

The largest cryptocurrency by market capitalization declined before recovering ground later in the day.

Bitcoin's price was roughly flat over the past 24 hours. (Getty Images)

Markets

Market Wrap: Bitcoin Range-Bound as Altcoins Underperform

Choppy trading conditions may reflect uncertainty among investors.

A trader on the NYSE floor