Bitcoin has been up and down this morning, applying some technical analysis to this seemingly crazy move sheds some light. Let’s take a closer look at the BTC/USD M30 chart below: I’ve performed the Fibonacci study from the last major swing high on M30 on the 19th at 625, to the low at 575, just before this yo-yo […]
Morning technical analysis – 21 March 2014March 21, 2014 by Craig Erlam in Technical analysisEURUSDIt’s been a very good couple of days for the US dollar but I must stress, this has been driven almost entirely by the surprisingly more hawkish stance of the Federal Reserve on Wednesday evening, which is dollar bullish. It must be said that this stance […]
Namecoin almost touched 3.000 which I expected, as mentioned in yesterday’s analysis, however we’re now seeing some ranging take place. Let’s take a closer look at the NMC/USD four hour chart below (click to expand): I’ve performed the Fibonacci study from the high on the 9th of March at 3.5, until the month’s low at 3.015 from yesterday. […]
Morning technical analysis – 19 March 2014March 19, 2014 by Craig Erlam in Technical analysisEURUSDAs you can see on the chart below, the recent uncertainty has created plenty of volatility in the markets, but we haven’t actually seen any moves higher or lower. The pair, despite all of the volatility, has just been consolidating, which is not unusual during times […]
BTC/USD Technical Analysis – 16th March 2014 By Ashton Fraser on March 16, 2014 in Trading Over the weekend, Bitcoin continues to move gently within the Bollinger Squeeze. Now, there’s something very interesting taking place. A confluence of resistance zones is preventing price from pushing up. I’m going to perform two Fibonacci studies for BTC/USD. Firstly, on […]
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 […]
LTC/BTC Technical Analysis – 14th March 2014 By Ashton Fraser on March 14, 2014 in Trading Litecoin vs Bitcoin has been following pretty much what I expected over the past 24 hours, as I explained in my analysis for the pair a couple of days ago. Let’s take a closer look at the hourly LTC/BTC chart below (click to […]
After another drop to 0.0050, Peercoin vs Bitcoin regains some value, only if it may be for a short while yet. Let’s take a closer look at the PPC/BTC H1 chart below (click to expand): I’ve performed the Fibonacci study from the major swing high in early March (4th), to the year’s low at 0.0050. It’s interesting to […]
PPC/USD Technical Analysis – 13th March 2014 By Ashton Fraser on March 13, 2014 in Trading Peercoin is hanging around an important Fibonacci level right now, but we may see a small drop later today. Let’s take a closer look at the PPC/USD H1 chart below (click to expand): I’ve performed the Fibonacci study from March’s high on […]
Morning technical analysis – 13 March 2014March 13, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is looking very bullish against the dollar right now and yesterday’s move only added to that. On the daily chart below the pair has just broken above the upper bollinger again following a similar move last week. This is generally viewed as quite a […]
