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Litecoin has Given a Buy Signal

Posted on April 3rd, 2017.

So many altcoins have gone vertical in the past couple of weeks that I have had to adjust my scales in almost all cases, to accommodate the current stratospheric prices when compared to prices just a couple months ago. Litecoin Here is the 3 hour chart for litecoin. As you can see, the 2nd arc, of the 2nd pair, stopped the rally and then...

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Analysis

Litecoin is Poised Like a Tight Spring & What about Ripple?

Posted on April 2nd, 2017.

Litecoin Litecoin has traded within a narrow range since it’s 100% rally of a few days ago. Regular readers will note that in the previous column we suggested that price would likely be constrained a few days until pricetime can escape from the confines of the 4th arc pair (green). Well, price is bumping along the arc as these...

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Analysis

Weekly Price Analysis: Bitcoin, Ethereum, Monero, Dash & Litecoin

Posted on March 19th, 2017.

Bitcoin Bitcoin fell sharply this week.  After touching the 3rd arc on the daily chart (red arrow) it fell very hard, but then quickly recovered and looked like all was well.  When suddenly the other shoe dropped a couple days ago. It looks like top of the 1st square of the setup has provided support, for now at least.  Elliot Wave...

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Ethereum and Bitcoin Weekly Price Analysis

Posted on March 12th, 2017.

Ethereum Ethereum continues to exceed expectations. As these words are being written, Ethereum’s daily chart is sitting at the All Time High set last June. It seems highly likely to break that ATH soon. Having said that, it should come as no surprise when/if at some point shortly thereafter it comes back down to test support at that...

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