- by Sally Ho
- Jun 15, 2019
Sally Ho's Technical Analysis 15 June 2019
Litecoin Litecoin (LTC/USD) recently traded at its strongest level since May 2018, printing as high as the 144.34 area this past week before yielding some recent gains. An extremely important level is the 137.04 area, representing the 50% retracement of the move from 251.90 to 22.17. Stops were elected above this area during the week and the pair derived some short-term constructive demand before marching lower. The 137.04 area quickly became technical Resistance during the move lower, an indication of its significance. Another key area that was tested this week was the 121.16 area, representing the 61.8% retracement of the...
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- by Mark Nezvisky
- Jun 04, 2019
Bitcoin Cash: Coinbase Release Research On BCH 51% Attack
Researchers at one of the biggest cryptocurrency exchanges in the world, Coinbase have released their own investigate findings into the recent controversy behind the Bitcoin Cash 51 percent attack, but it seems their finding may upset a few Bitcoin enthusiasts. Following the attack on Bitcoin Cash in mid-May, a group of miners colluded to reverse the attacked blocks and return misappropriated funds to their rightful owners. The Bitcoin Cash community came under fire from supporters of Bitcoin. Although according to a blog post published at the end of last week by Coinbase, the worldwide cryptocurrency platform ultimately saw good sense...
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- by Sally Ho
- May 08, 2019
Sally Ho's Technical Analysis 8 May 2019
Bitcoin Bitcoin (BTC/USD) was volatile early in today’s Asian session as the pair came off to the 5656.26 area, just above the 5650.01 level that it has bounced above several times in recent trading sessions. During yesterday’s European session, the pair raced higher to the 5974.51 level, its strongest showing since 14 November 2018. Price faded during yesterday’s European and North American sessions after stopping short of testing the psychologically-important 6000 area. Traders are paying very close attention to how BTC/USD reacts on pullbacks. Chartists are eyeing some new retracement levels including 5581.93/ 5463.76/ 5345.58, related to the 4963.00 –...
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- by Robert Johnson
- May 07, 2019
“BCH will outperform BTC in the coming years” - Roger Ver
Bitcoin Jesus - or Roger Ver - has recently spoken in an interview with Coinspeaker where he spoke about Bitcoin Cash and the potential it has to outperform the leading cryptocurrency because it will allow the globe to use money in a sense that it won’t be able to be censored, stopped or regulated. Ver is well-known to be an outspoken advocate for personal freedoms and Bitcoin Cash and has spent the last (almost) decade investing in crypto related projects for building a future in which people will enjoy a kind of economic freedom that wasn’t possible before the advent...
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- by Sally Ho
- May 07, 2019
Sally Ho's Technical Analysis 7 May 2019
Bitcoin Bitcoin (BTC/USD) found some buying pressure early in today’s Asian session as the pair moved back to the 5750.00 level after declining to the 5651.00 area during yesterday’s North American session. Earlier in the North American session, the pair got as high as the 5753.66 level before spinning lower, a level that is right around the 23.6% retracement of the 5520.00 – 5831.39 range. Notably, BTC/USD was supported above the 5650.01 area during the brief pullback, previously a relative high dating to 23 April 2019. A move back above recent highs will spotlight the 5808.45 area, representing the 50%...
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