Litecoin manages to break one line of resistance, only to be stopped by another. Will the bulls have enough to break the this latest resistance? Let’s take a closer look at the LTC/USD H4 chart below (click to expand): We can see how the red downwards trendline had been staying firm for a number of candles, being tested […]
As the bad news out of China and elsewhere continues to emerge, Litecoin, along with other crypto currencies are taking a battering. However, there is a major support zone not too far away… where Litecoin may attain some respite. Let us take a closer look at the LTC/USD chart on the Daily timeframe (click to expand): […]
As predicted, Namecoin dropped to the first Fibonacci extension today, before rising to a key Fib retracement level. We will need to take a look at different timeframes to get a clearer picture of recent happenings. Firstly, let’s check out the NMC/USD Daily chart I posted yesterday: In yesterday’s analysis, I mentioned, “I’ve performed the Fibonacci study from the […]
Do Fundamentals and Technical Analysis Still Matter?Companies / Investing 2014Apr 02, 2014 – 12:04 PM GMTBy: DailyGainsLetter
Mohammad Zulfiqar writes: Over the weekend, I met with a friend of mine. He’s been a stock market investor for some time now, and over the last few years—especially since 2012 and 2013—he has done phenomenally well when it comes to […]
World Financial InStability – Stock Market Wealthbuilder Report Stock-Markets / Financial Markets 2014Apr 01, 2014 – 10:17 PM GMTBy: Christopher_Quigley
I came across the inverted pyramid below last year which outlines the “asset backing configuration” between gold, cash and all other financial instruments. I decided to try to put some real figures behind this […]
After the rise from 555, Bitcoin continues to range between two important Fib levels. Let’s take a closer look at the BTC/USD chart on the thirty minute timeframe: I’ve performed the Fibonacci study from the low of the past fortnight at 555, to this week’s high at 590. Sometimes, it can be a bit of a discretionary […]
LTC/USD Technical Analysis – 24th March 2014 By Ashton Fraser on March 24, 2014 in Trading Litecoin hits a support level today, just above the 15 level price mark, with a potential retrace still questionable. Let’s take a look at the LTC/USD H4 chart below (click to expand): I’ve performed the Fibonacci study from the high of […]
SummaryDJIA is only averaging 3% since January, 2000.
Everyone seems to be excited about recent gains.
But it is time to get real.
Everyone seems to be jumping for joy that the Market looks so good right now, but the Dow Jones Industrial […]
Was Friday a Stock Market Reversal Signal?Stock-Markets / Stock Markets 2014Mar 03, 2014 – 06:38 AM GMTBy: Andre_Gratian
Current Position of the MarketSPX: Very Long-term trend – The very-long-term cycles are in their down phases, and if they make their lows when expected (after this bull market is over), there will be another steep decline into […]
2014-02-25 12:56 (UTC)Ilya Spivak, Currency Strategist
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Talking Points:
USD/CAD Technical Strategy: Flat
Support: 1.1036 (50% Fib exp.), 1.0999 (618% Fib exp.)
Resistance: 1.1074 (38.2% Fib exp.), 1.1119 (23.6% Fib exp.)
Prices moved lower as expected after putting a Shooting Star candle. Sellers are aiming to challenge the 50% Fibonacci expansion at 1.1036, with a break […]
