Tag: trading

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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...

Bitcoin Consolidating Between 250 and 270

Bitcoin (BTCUSD) 1H Chart 3/20; click to enlarge Bitcoin was bearish this week after a failed attempt to climb back to 300. In the 1H...

Litecoin Plunges after a Price Top

Litecoin (LTCUSD) 1H Chart 3/18; click to enlarge) In the previous litecoin post, we looked at a possible price top forming as the virtual currency...

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...

Litecoin Cracking Last Week’s Falling Wedge

Litecoin (LTCUSD) 1H Chart 3/15 (click to enlarge) Last week, Litecoin rallied and broke above 2.00 but stalled near 2.15 mid-week. The 1H chart shows...

Bitcoin – 1H Diamond Pattern Suggests Short-term Correction

(Bitcoin, BTCUSD, 1H Chart 3/11: click to enlarge) Bitcoin has been bullish since last week, the beginning of March. It has rallied from about 245...