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. […]
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 […]
NMC/USD Technical Analysis – 9th March 2014 By Ashton Fraser on March 9, 2014 in Trading Namecoin has been falling since Tuesday, but some bullish buds from early this morning are now blossoming, although the flower may wither away very soon. Let’s take a closer look at the NMC/USD chart below on the H4 timeframe (click to expand): […]
