PPC/BTC Technical Analysis – 8th May 2014 By Ashton Fraser on May 8, 2014 in Trading From a longer timeframe perspective, Peercoin vs Bitcoin continues to hover around the last major Fibonacci zone of support, yet if we zoom into a lower timeframe such as the fifteen minute, we can see it’s been more than merely a random levitation. […]
Despite a fall below 2 on Peercoin yesterday, we do now have some decent support which looks to have stopped the sell off in its tracks, yet – will it be able to hold? Let’s take a closer look at the latest PPC/USD Daily chart below: I’ve performed the Fibonacci study from the low at 1.536 on […]
Peercoin’s recent hike wasn’t exactly expected, since we’re in the midst of a long term bearish trend, although things are just recently returning to “normal”. Let’s take a closer look at the PPC/USD chart below on the H4 timeframe(click to expand): I’ve performed the Fibonacci study from the low of April at 1.7 to the high of the […]
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 […]
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 […]
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 […]
PPC/USD Technical Analysis – 7th March 2014 By Ashton Fraser on March 7, 2014 in Trading For today’s analysis on Peercoin, I’ve performed the Fibonacci study from the low of this month on the 3rd of March at 2.79, to the high of the month at 3.89. PPC/USD has been in a sideways motion since yesterday morning, as demonstrated […]
PPC/USD Technical Analysis – 21st Feb 2014 By Ashton Fraser on February 21, 2014 in Trading Peercoin seems to be adhering to classic technicals this afternoon. Lets take a look at the intraday thirty minute chart below on PPC/USD (click to expand). Look at how smooth the downtrend was from the 20th at 4.050 until this morning at […]
