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, […]
LTC/BTC Technical Analysis – 28th March 2014 By Ashton Fraser on March 28, 2014 in Trading During my last technical analysis for Litecoin vs Bitcoin on the 26th of March, I mentioned how the 23.6% Fib level could be a struggle for price to go beyond. Indeed, not only was it a struggle, it was outright rejection. On Wednesday […]
Peercoin vs Bitcoin seems to be following a slow downtrend since the start of the week, but there could be a pause due to some important technicals. Let’s take a closer look at the PPC/BTC four hour chart below (click to expand): I’ve performed the Fibonacci study from the low of the year at 0.00445 to the latest […]
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/USD Technical Analysis – 14th March 2014 By Ashton Fraser on March 14, 2014 in Trading We saw a powerful reversal pattern on Litecoin on the four hour chart. However that reversal will soon come to a halt with an important Fib line around the corner. Let’s take a closer look at the LTC/USD H4 chart below: I’ve […]
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 […]
After the Bollinger squeeze over the past week or so, Bitcoin rises again. Let’s take a closer look at the BTC/USD H1 chart below (click to expand): I’ve done the Fibonacci study from the major swing low at 430 until this yesterday’s high at 690. First thing we notice is the long term channel that Bitcoin had been […]
BTC/USD Technical Analysis – 21st Feb 2014 By Ashton Fraser on February 21, 2014 in Trading After yesterday’s drop, Bitcoin managed to regain some of its losses. Let’s take a look at the BTC/USD Hourly chart below. I’ve circled a significant candle in blue. This candle is very important from a technical point of view. Look at how […]
