Tag: cryptocurrency

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Litecoin Technical Analysis (3/9) – Bulls Losing Steam

Litecoin (LTCUSD) 1H Chart 3/9 (click to enlarge) Litecoin was bullish to start the week, but stalled after it tagged the 2.00 handle. The 1H...

Bitcoin Technical Analysis (3/9) – Coiling with Bullish Bias

Bitcoin (BTCUSD) 1H Chart 3/9 (click to enlarge) Triangular Consolidation: Bitcoin was bullish in the first week of March, but the rally stalled last week at...

Litecoin Maintaining the Bullish Bias

Litecoin (LTCUSD) 4H Chart 3/6 (click to enlarge) Litecoin started the week with a breakout above a narrow consolidation between roughly 1.80 and 1.90. However,...

Bitcoin – Bulls Hanging on

Bitcoin (BTCUSD) 4H Chart 3/6 (click to enlarge) It has been a bullish couple of weeks for bitcoin, until these past couple of global sessions. As...

Litecoin Breaks Under a Near-term Triangle

Litecoin (LTCUSD) 1H Chart 3/4 (click to enlarge) This week, litecoin broke a above tight consolidation range between roughly 1.80 and 1.90. In the 1H...

Bitcoin Stalls with a Double Top Under 285

Bitcoin (BTCUSD) 1H Chart 3/4 (click to enlarge) Bitcoin has been rallying since the end of last week when it broke above a tight consolidation...

Litecoin Climbs Back to 2.00

Litecoin (LTCUSD) 4H Chart 3/4 (click to enlarge) Litecoin has been consolidating since hitting the low on the year just under 1.10. It rebounded sharply to about...

Bitcoin Takes Another Step Towards the 2015-High

Bitcoin ended January with a bullish attempt, which continued into this week as we can see in the 1H chart. Bitcoin (BTCUSD) 1H Chart 3/4 (click...

Litecoin Stuck in Sleepy Consolidation

Litecoin (LTCUSD) 1H Chart 2/27 Litecoin entered the week falling from last week's highs just under 1.90 down to about 1.80. It has continued to...

Bitcoin Maintaining Near-term Bearish Bias

Bitcoin started this week falling from last week's highs around 250 down to almost 232 before consolidating sideways as we can see in the 1H...

Litecoin – Range within a Range within a Range

Litecoin is consolidating roughly between 1.78 and 1.88 as we can see in the 1H chart below. Litecoin (LTCUSD) 1H Chart 2/26 (click to enlarge) In the...

Bitcoin Continues to Coil

After making a low on the year at 166.45, bitcoin rebounded to 315. After setting this price range, the cryptocurrency started to consolidate with...