PPC/BTC Technical Analysis – 14th March 2014 By Ashton Fraser on March 14, 2014 in Trading For today’s PPC/BTC technical analysis, I’ve performed my Fibonacci study based on the M30 chart, from the last major swing low of the past year at 0.00496, until this week’s high from yesterday, at 0.00537. (Click on chart below to expand): Zooming […]
NMC/USD Technical Analysis – 13th March 2014 By Ashton Fraser on March 13, 2014 in Trading As I explained in my last technical analysis for Namecoin, price was most likely going to remain in the zone between 3.3 and 3.5. And that’s exactly what it has done; indeed right now it’s smack bang in the middle at 3.4, pretty […]
As I discussed in my analysis last week, Namecoin vs Bitcoin had been pretty much static for a number of hours, as there was a support line which was offering some hindrance. Indeed, that support held strong for the following few days, as it was also a psychological number, but, as I explained, price was always likely to […]
LTC/USD Technical Analysis – 21st Feb 2014 By Ashton Fraser on February 21, 2014 in Trading Lets take a look at the M30 Litecoin chart below: First thing we’ll notice is the strong intra-day downwards white trendline that’s holding firm so far. It’s been tested five / six times, which, for a space of less than a day, […]
PPC/USD Technical Analysis – 21st Feb 2014 By Ashton Fraser on February 21, 2014 in Trading Peercoin seems to be adhering to classic technicals this afternoon. Lets take a look at the intraday thirty minute chart below on PPC/USD (click to expand). Look at how smooth the downtrend was from the 20th at 4.050 until this morning at […]
BTC/USD Technical Analysis – 21st Feb 2014 By Ashton Fraser on February 21, 2014 in Trading After yesterday’s drop, Bitcoin managed to regain some of its losses. Let’s take a look at the BTC/USD Hourly chart below. I’ve circled a significant candle in blue. This candle is very important from a technical point of view. Look at how […]
