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And the Crypto Winner is: Monero!

And the Crypto Winner is: Monero!

1. Methodology In an analysis posted two days ago we reviewed the price charts of all cryptocurrency to US Dollar pairs tradable on Kraken and identified several potential breakout configurations. Some of the cryptocoins considered appear stronger but the picture may not be completely clear about which currency to invest into for the medium term […]

BITCOIN – To buy or not to buy?

BITCOIN – To buy or not to buy?

The Bitcoin price in USD appears somewhat overextended. On the daily chart it is be stalling below a slightly descending resistance line. Should the price break above the historical price peak at 4,485 BTC/USD then an new impulsive leg higher should be expected. Should on the contrary a price correction take place then  there appears […]

Litecoin – Another breakout higher

Litecoin – Another breakout higher

As posted on Twitter yesterday it was anticipated for #Litecoin ($LTC) to break out higher again: The wait was not too long as the breakout happened shortly thereafter: As the uptrend should extend higher any position can now be protected with a stop-loss below the thick blue line (high risk) or below the lower triangle […]