After yesterday’s slump, Peercoin appears to have settled, with some consolidation taking place over the past eighteen hours, but we could see further bullish retests of a certain Fib level later today. Let’s take a closer look at the PPC/USD hourly chart below (click to expand): I’ve performed the Fibonacci study from the high of the month (on […]
LTC/BTC Technical Analysis – 28th March 2014 By Ashton Fraser on March 28, 2014 in Trading During my last technical analysis for Litecoin vs Bitcoin on the 26th of March, I mentioned how the 23.6% Fib level could be a struggle for price to go beyond. Indeed, not only was it a struggle, it was outright rejection. On Wednesday […]
NMC/USD Technical Analysis – 28th March 2014 By Ashton Fraser on March 28, 2014 in Trading Namecoin loses more than 25% of its value in just over 24 hours, although this morning sparked some significant recovery. Let’s take a closer look at the NMC/USD intraday M30 chart below (click to expand): I’ve performed the Fibonacci study from the […]
LTC/USD Technical Analysis – 28th March 2014 By Ashton Fraser on March 28, 2014 in Trading After yesterday’s unexpected drop, Litecoin manages to settle down, for the time being at least. Let’s take a closer look at the LTC/USD chart on H4 (click below to expand): I’ve performed the Fibonacci study from the swing high at 17.00, until […]
Peercoin vs Bitcoin seems to be following a slow downtrend since the start of the week, but there could be a pause due to some important technicals. Let’s take a closer look at the PPC/BTC four hour chart below (click to expand): I’ve performed the Fibonacci study from the low of the year at 0.00445 to the latest […]
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 […]
Peercoin finally breaks free from the 23.6% shackles imposed upon it, as predicted yesterday, at least for the time being, as very recent technicals give indication to further gravitation around 2.68. Let’s take a closer look at the PPC/USD chart on H4 (click below to expand): I’ve performed the Fibonacci study from the high of last week […]
This morning we saw a classic double top price pattern form on Namecoin. Let’s take a closer look at the NMC/USD H1 chart below (click to expand): The first thing to look out for is the double top pattern here, marked with two red circles. Concerning the far left circle, we can see how the candle a) […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe stronger dollar helped to pressure June Comex Gold futures overnight. The selling pressure was so strong that traders didn’t even react to the news of a military skirmish between Ukraine and Russia over the week-end. Today, it looks like fundamental traders will follow the […]
PPC/USD Technical Analysis – 23rd March 2014 By Ashton Fraser on March 23, 2014 in Trading Peercoin once again tests the year low, for the third time in as many days, further strengthening the support at 2.607, as shown by the PPC/USD four hour chart below (click to expand): I mentioned in my last Peercoin technical analysis at […]
