Tag: cryptocurrency

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Strong Buyers Hold Litecoin Above 1.60

Litecoin (LTCUSD) 1H Chart 3/20; click to enlarge) Litecoin was falling sharply in the first half of this week after breaking below a consolidation that...

Bitcoin Pummeled; 210-220 in Sight

Bitcoin (BTCUSD) 1H Chart 3/19; click to enlarge Yesterday we looked at a possible ABC correction scenario in bitcoin after price failed to reach back...

Litecoin About to Put in a Price Top

Litecoin (LTCUSD) 4H Chart 3/18 (click to enlarge) Litecoin (LTCUSD: Bitfinex) has been consolidating since breaking above the 2.00 handle. The 4H chart shows a slightly...

Bitcoin Respects Last Week’s Price Top – ABC Scenario

Bitcoin (BTCUSD) 1H Chart 3/18 - Click to enlarge In the 1H Bitcoin chart, we can see that the market was unable to make it...

Litecoin in a Potential Triple Top

Litecoin (LTCUSD) 4H Chart 3/17 (click to enlarge) Litecoin is starting this week bullish rebounding from a failed double top attempt at the end of last...

Bitcoin – Bulls Recharged with 2015-High in Sight

Bitcoin (BTCUSD) 1H Chart 3/16 - click to enlarge A Bearish Correction: After almost reaching 300, bitcoin stalled last week, retreating from 299 down to...

Litecoin Cracking Last Week’s Falling Wedge

Litecoin (LTCUSD) 1H Chart 3/15 (click to enlarge) Last week, Litecoin rallied and broke above 2.00 but stalled near 2.15 mid-week. The 1H chart shows...

Bitcoin Consolidates after a Price Top

Bitcoin (BTCUSD) 1H Chart 3/15 (click to enlarge) Bitcoin has been bullish in March and stalled just below 300 last week. 300-310 is a key resistance...

Litecoin – Look for Support at 1.95

Litecion (LTCUSD) 1H Chart 3/12 (click to enlarge) Litecoin was consolidating in price last week roughly between 1.87 and 2.00. This week, it extended higher to...

Bitcoin Stalls with Double Top Potential

Bitcoin has been bullish since the end of February coming off consolidation lows near 232.  After another conslidation last week, bitcoin continued to march...

Litecoin Surges then Pulls Back after a Break of Resistance

Litecoin (LTCUSD) 4H Chart 3/11 click to enlarge As the 3/10 session began litecoin got a jolt as it popped up from around 1.95 to...

Bitcoin – 1H Diamond Pattern Suggests Short-term Correction

(Bitcoin, BTCUSD, 1H Chart 3/11: click to enlarge) Bitcoin has been bullish since last week, the beginning of March. It has rallied from about 245...