above-the-upper

PPC/USD Technical Analysis – 29th April 2014 – Digital Currency …

Despite a fall below 2 on Peercoin yesterday, we do now have some decent support which looks to have stopped the sell off in its tracks, yet – will it be able to hold? Let’s take a closer look at the latest PPC/USD Daily chart below: I’ve performed the Fibonacci study from the low at 1.536 on […]

NMC/USD Technical Analysis – 22nd April 2014 – Digital Currency …

Namecoin continues to hover around 2.5 this week, carrying on from last week, although we could see some bears pick up momentum fairly soon. Let’s remind ourselves of what happened last week on NMC/USD, since it’s imperative we have this in mind for our current analysis. I’m pasting here the Fibonacci extension study from last week (click to expand): […]

NMC/USD Technical Analysis – 18th April 2014 – Digital Currency …

Namecoin experiences massive gains from the 13th through till the 15th, more than doubling in value in barely a couple of days, but a powerful bear setup initiated a fifty percent retreat. Let’s take a closer look at the current NMC/USD H4 chart below (click to expand): I’ve performed the Fibonacci study from the last major swing low […]

LTC/BTC Technical Analysis – 11th April 2014 – Digital Currency …

Litecoin vs Bitcoin fell this morning to 0.0224, only for there to occur an intense, sharp reversal, initiated by a very rare but powerful price pattern. Let’s take a closer look at the LTC/BTC four hour chart below (click to expand): I’ve performed the Fibonacci study from the low at 0.0224, until the high at 0.0263 Check […]

BTC/USD Technical Analysis – 4th March 2014 – Digital Currency …

After the Bollinger squeeze over the past week or so, Bitcoin rises again. Let’s take a closer look at the BTC/USD H1 chart below (click to expand): I’ve done the Fibonacci study from the major swing low at 430 until this yesterday’s high at 690. First thing we notice is the long term channel that Bitcoin had been […]