Tag: technical analysis
Gridcoin was trading above 0.000032 since the middle of November, but this massive support was taken out yesterday. The 0.000032 area acted as support about five times since November …
Bitcoin is now trading in sideways range that is getting tighter and tighter. The 1-hour chart is showing a very clear triangle formation. This type of pattern usually indicates …
While Bitcoin has appreciated in value considerably since the start of December, Litecoin – which usually correlates closely to Bitcoin – has been trading in a much more subdued …
The CLAMS digital currency was in a major bear market until the end of November, when a surge of buying managed to reverse the persistent selling momentum. Since then, …
Monero hit a high of 0.00151114 on November 11, and price has been sliding since that day. However, the first signs of a potential trend reversal materialized today. The …
The $369 pivot zone is continuing to assert its importance. I mentioned this price level in my prior technical analysis and how it might act as resistance again. The …
BitShares was trading around the 0.0000086 area since the 26th of November. The market bounced from this level very decisively today. The 0.0000086 area has now acted as support …
NXT is currently in a long-term bear market that started in May of 2014. The digital currency is now trading at an all-time low, but there are some signs …
The 30-minute chart for Litecoin is showing that price has now closed underneath a significant pivot area. The $3.46 level held as support about three times during the last …
