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Litecoin Awaits Breakout from Fractal Triangles
Litecoin is forming a descending triangle above last week’s inverted head and shoulders pattern. The 1H chart shows price holding support at 4.85, while the highs are declining. As we...
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Litecoin is forming a descending triangle above last week’s inverted head and shoulders pattern. The 1H chart shows price holding support at 4.85, while the highs are declining. As we...
Fan Yang · September 9, 2014 · 1:46 pm+
Last week, bitcoin stopped a bearish attempt and consolidated between 470 and 490. The market pushed above this consolidation range at the end of the week, but did not have...
Fan Yang · September 8, 2014 · 12:30 am+
Bitcoin began the week bearish, falling from last week’s high of 534 to 470 this week. For most part of the week, price consolidated roughly between 470 and 490. Then...
Fan Yang · September 5, 2014 · 1:27 pm+
Inverted Head and Shoulders Complete: During 9/3 and 9/4 session, litecoin was building an inverted head and shoulders pattern, which indicated that price was looking for a bottom. During the...
Fan Yang · September 5, 2014 · 1:07 pm+
Consolidation Breakout: Bitcoin fell from 523 last week to a low of 470 this week. After consolidating between 470 and 490 for a few sessions, price rallied sharply and broke...
Fan Yang · September 4, 2014 · 3:17 pm+
Litecoin fell from last week’s high of 5.89 to 4.75, which is the low so far this week. The 1H chart shows a market that is turning bearish at least...
Fan Yang · September 3, 2014 · 4:27 am+
Backdrop: Bitcoin prices have been on a roller coaster in the past couple of years. In 2013, price was hanging around just above 100, until late October when it started...
Fan Yang · September 2, 2014 · 4:15 pm