Fan Yang

Fan Yang graduated from the University of Michigan with a Bachelors in Economics. He started his trading in 2006 after joining CMS Forex, a currency broker and became their Chief Currency Analyst. In 2010, he attained his Chartered Market Technician designation. Through the years, Fan has developed trading techniques that can be applied in stocks, currencies, and almost any asset class with liquidity. Although he specializes in technical analysis he uses fundamental factors to help guide his trade ideas before using the technical tools to plan out the trades.

Bitcoin Awaiting Range Consolidation Breakout

Bitcoin in a Neutral Market: Bitcoin is consolidating in the short-term. Last week, price fell to about 456, then rebounded to 492 before retreating again. The rally...

Bitcoin Threatening Bearish Continuation; Litecoin Hanging on

Bitcoin (BTCUSD) Bitcoin was a bit choppy this week. After falling below last week's consolidation low of 470, bitcoin found support at 456 and rallied...

Bitcoin Tests Bullish Outlook; Litecoin Rallies Above...

Bitcoin rallied from a low of 456.30 to begin the week to 492 before retreating. Note that this bullish attempt broke above a falling...

Bitcoin and Litecoin Staying Resilient

Bitcoin Reverses after Breakout Bitcoin started the week with a bearish breakout, falling below last week's low of 470, and thus opening up a bearish...

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...

Bitcoin Threatening Bearish Continuation

Last week, bitcoin stopped a bearish attempt and consolidated between 470 and 490. The market pushed above this consolidation range at the end of...

Bitcoin is Testing this Week’s Price Bottom

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...

Litecoin – Will it Confirm the Inverted...

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...

Bitcoin Breaks Above Consolidation; Resistance Factors Tested

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,...

Litecoin Awaiting Breakout from Consolidation

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...

Will Bitcoin Remain Bearish?

Backdrop: Bitcoin prices have been on a roller coaster in the past couple of years. In 2013, price was hanging around just above 100,...

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