Tag: cryptocurrency

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Litecoin – Waiting for Messy Price Action to be Resolved

Litecoin (LTCUSD) 1H Chart 3/26; click to enlarge Litecoin started this week failing to break above a very short-term consolidation resistance around 1.82. The 1H...

Bitcoin – Negative Reversal Signal Suggests Further Downside

Bitcoin (BTCUSD) 1H Chart 3/25; click to enlarge Bitcoin fell to about 236 during the 3/25 session before rebounding. The 1H RSI showed a bullish...

Litecoin Driven Back Towards Last Week’s Lows

Litecoin 1H Chart 3/25; click to enlarge Litecoin was unable to break above a consolidation that started at the end of last week after it...

Litecoin Remains in Consolidation with Pressure on Support

Litecoin (LTCUSD) 1H Chart 3/24; click to enlarge The bearish swing from last week is still keeping pressure on the price action in litecoin. After tagging...

Bitcoin Passes Test of Pullback and Remains Bullish

Bitcoin (BTCUSD) 1H Chart 3/23; click to enlarge Bitcoin started the week uncoiling from a low volatility consolidation over the weekend. However, it was not...

Will Litecoin Follow Bitcoin’s Lead for a Bullish Breakout?

Litecoin (LTCUSD) 1H Chart 3/23; click to enlarge Bitcoin started the week with a bullish breakout. (Bitcoin – Breakout Maintains Bullish Momentum). When we look...

Bitcoin – Breakout Maintains Bullish Momentum

Bitcoin (BTCUSD) 1H Chart 3/23; click to enlarge At the end of last week, bitcoin fell to 247 after failing to return to 300 at the...

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...