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19 January 2020 - BCH/ GBP – Hourly

In this Hourly chart of Bitcoin Cash / British pound (BCH/ GBP), there is a depreciating range from 310.12 to 264.74. We can observe that the market then appreciated to the 288.84 level (identified by the red down arrow), just above the 287.43 level that represents the 50% retracement of the depreciating range.   These levels were also close to the 14-bar Simple Moving Average (identified in yellow), indicating around the 285.95 level. We can observe that the market then depreciated to the 255.00 level, below the 55-bar Simple Moving Average (identified in blue), indicating around the 266.34 area. Using RSI,...

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Sally Ho's Technical Analysis 14 January 2020 LTC BCH

Litecoin (LTC/USD) gained marginal ground early in today’s Asian session as the pair climbed higher to the 50.02 area during yesterday’s session after finding technical support around the 48.85 area during yesterday’s North American session.  Despite the pair’s early gains, LTC/USD has drifted lower from a recent high around the 52.03 area over the weekend. The pair’s recent gains have pushed the pair above the psychologically-important 50.00 figure for the first time since 22 November.  In mid-December, the pair reached a recent relative low around the 35.88 area and buying pressure lifted the pair back above the 50.00 area over...

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13 January 2020 - BCH/ BTC – 15-minute

In this 15-minute chart of Bitcoin Cash/ Bitcoin (BCH/ BTC), there is a depreciating range from 0.03373 to 0.03258. We can observe that the market then appreciated to the 0.03346 level (identified by the red down arrow), right around the 0.0334586 level that represents the 76.4% retracement of the depreciating range. The market then depreciated as low as the 0.03275 level, and found technical support around the 0.0328514 area that represents the 23.6% retracement of the depreciating range (identified by the blue up arrow). We can observe that the 55-bar Simple Moving Average was indicating just above the 0.038514 level....

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31 December 2019 - BCH/ EUR – Daily

In this Daily chart of Bitcoin Cash/ Euro (BCH/ EUR), there is an appreciating range from 153.25 to 178.97. We can observe that the market then depreciated to the 165.01 area (identified by the blue up arrow), below the 166.11 level that represents the 50% retracement of the appreciating range. We can observe that the market then appreciated to the 174.88 area (identified by the red down arrow), above the 172.90 level that represents the 23.6% retracement of the appreciating range. We can observe that the market then appreciated to the 191.97 level. Using RSI, we can observe that the...

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Sally Ho's Technical Analysis 29 December 2019 LTC BCH

Litecoin (LTC/USD) extended recent buying pressure early in today’s Asian session as the pair continued to orbit the 42.00 figure after trading as high as the 42.46 area during yesterday’s Asian session. The pair has recently traded around the 50-bar MA (4-hourly), and recently tested the 100-bar MA (4-hourly) about three times before declining back below.  The 36.81 level was a major downside price target related to the August high of 107.12 and the markets recently absorbed this level when they pushed the pair as low as the 35.88 area. Since then, the markets moved higher to the 42.69 area...

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