Tag: pivots

Monero Technical Analysis for 06/01/2016 – Price Trapped Between Major Pivot Levels

The big pivot zone at 0.00195 – which was outlined in the previous Monero article on 05/23/2016 – should still be watched, even though price is currently trading well underneath this level. On the 26th, this level was used as support/resistance; the 2-hour chart for that day show this quite clearly. The following day, on the 27th, price made it underneath the big support level at 0.0018. And the Monero …
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Storj Technical Analysis for 05/30/2016 – Trend Line Broken

The June 2nd launch of the Storj open beta managed to push the token’s exchange rate to a high of 0.00026 – quite close to the massive resistance at 0.00028 – but it would seem there wasn’t sufficient momentum to maintain the trend. On May 27th, the trend line was broken and a new lower-low was printed on the following day. Technically speaking: the uptrend is over. My previous article …
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MAIDsafe Technical Analysis for 05/30/2016 – 0.000119 Pivot Zone Turns Into Support

The MAIDsafe exchange rate is finally trading above the major pivot zone at 0.000119. Since the 27th, the market struggled to get above 0.000119; six times to be exact. However, that changed yesterday, when the price finally managed to break above 0.000119, with 0.000119 acting as support. But there is another obstacle the market needs to overcome: 0.000125. Once price slipped underneath this area on May 24th, 0.000125 has acted …
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LISK Technical Analysis for 05/30/2016 – Pivot Level Overview

While the Lisk digital token has only been trading for about seven days on the Delaware-based digital currency exchange Poloniex, the Lisk charts show some distinct price level that may be of interest to investors and speculators. For instance, the 0.0008 price level has been used multiple times as support/resistance since May 28th; three times as support between last Thursday and Friday; two times as resistance on Sunday. Since breaking …
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