Bitcoin Trading- BTC/USD Technical Analysis, Aug 21: Will the rally continue?
By Leon Pick on August 21, 2014 in Trading
In short, it’s a tough call. There are factors pointing in both directions. BTC/USD is coming off a rise of 10% within 24h and a 67% recovery from its flash crash to $309 on BTC-e. The question is if the rally is slowing […]
Bitcoin Trading- BTC/USD Technical Analysis, Aug 14: Support Broken, Declines to $521
By Leon Pick on August 14, 2014 in Trading
Judging by the sequence of events, it would seem that Bitcoin is following the lead of Litecoin and the alts, which have been caught in one of their most disastrous declines in recent memory. It just seems wrong, if not irrational, […]
Litecoin Technical Analysis (LTC/USD): Litecoin coming dangerously close to $7, loses ground to BTC
By Leon Pick on August 6, 2014 in Trading
Litecoin has quietly resumed its slide and is now in danger of crossing over the psychologically significant $7 barrier.
LTC/USD is currently trading at $7.14 on BTC-e, sliding as low as $7.05. After a volatile weekend, LTC appeared to be […]
Bitcoin Technical Analysis 24th JulyBy Forexminute – Yes Option | Bitcoin | Jul 24, 2014 12:35PM BST Daily chart for BTC/USDAs can be seen on the daily charts, BTC/USD fell below the important support zone of $611, but is currently seen taking support at the monthly pivot level of $609. In yesterday’s trading session, BTC/USD was unable to sustain at […]
Bitcoin Technical Analysis 10th JulyBy Forexminute – Yes Option | Bitcoin | Jul 10, 2014 8:35AM BSTAs can be seen from the hourly BTC/USD chart, the price of Bitcoin is now consolidating sideways and has managed to sustain just above support S1. Since the lower-top lower-bottom structure still holds and there is no sign of a reversal as yet, 600 […]
Litecoin has been falling all day today, initiated by some really bearish technicals. How far down will today’s move reach? During my analysis on LTC/USD last week, I discussed the how price was very likely to fall during midweek, before rising back to around 10.8, mentioning, “Conversely, we have some potentially bullish technicals on the Daily timeframe, so […]
Litecoin adheres to both the technicals on the four hour and the daily timeframe, as I discussed yesterday. It was a bit of a juggling act, but this is why it’s important to ignore different timeframes. During yesterday’s technical analysis on LTC/USD, I posted the following chart: Where I mentioned, “Conversely, we have some potentially bullish technicals […]
There might not be much activity on Litecoin from a longer timeframe perspective today, but zoom into the lower timeframes, and we can find some real technical nuggets. Let’s take a closer look at the current LTC/USD chart on the fifteen minute timeframe below (click to expand): I’ve performed the latest Fibonacci study from the high of today […]
PPC/BTC Technical Analysis – 2nd May 2014 By Ashton Fraser on May 2, 2014 in Trading After a steady rise over the past few days, Peercoin vs Bitcoin has retraced quite some distance. Will the bears continue to take hold? Let’s take a closer look at the latest PPC/BTC chart on the four hour timeframe (click to expand): […]
NMC/BTC Technical Analysis – 1st May 2014 By Ashton Fraser on May 1, 2014 in Trading After a number of consecutive bear days, Namecoin vs Bitcoin manages to attain some reprieve, with the bulls allowing it to retrace a fair few pips. During my last technical analysis on NMC/BTC, I contemplated, “So the key question is, is this southern […]
