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 […]
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 […]
Litecoin vs Bitcoin has just produced a double top chart pattern, so any gains experienced over the weekend may come tumbling down over the next day or two. Let’s take a closer look at the LTC/BTC chart on the H4 timeframe (click to expand): I’ve performed the Fibonacci study from the low of the past fortnight at 0.026, […]
In less than two weeks, Litecoin has lost almost 40% of its value – can anything catch this falling knife? As crazy as it sounds – quite possibly is the answer. Let’s take a closer look at the LTC/USD chart on the Daily timeframe (click to expand): I’ve performed the Fibonacci study from the low of this […]
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 […]
PPC/USD Technical Analysis – 26th March 2014 By Ashton Fraser on March 26, 2014 in Trading Peercoin’s recent movement gives back half of its gains since the 24th, only to begin a period of consolidation. Let’s take a closer look at the PPC/USD chart on the H4 timeframe (click to expand): I’ve performed the Fibonacci study from […]
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 […]
LTC/USD Technical Analysis – 21st March 2014 By Ashton Fraser on March 21, 2014 in Trading Litecoin had been rising steadily since the 8th of March, reaching a crescendo a couple of days ago. It’s given back all its recent gains, something which was expected, given the technicals we’d analysed over the past couple of days. Let’s take a […]
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 […]
