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Litecoin Price Continues to Rip Pre-Halvening, But May Need a Correction

Litecoin (LTC) continues to lead the altcoin market with a recent push to establish an even higher level of support and sustain trading in a new range against Bitcoin (BTC).   Litecoin’s Weekly Chart When trading against Bitcoin (BTC), Litecoin (LTC) has respected each level and zone created by a simple Fibonacci Retracement measure. дальше »

2019-4-8 01:30


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21