As often happens, the short-term 2/1 Gann Fan line happens to line up perfectly with the downtrend line that BTC has been following since this corrective cycle began in mid-December. You can get a better view of the downtrend below: In my opinion, this line simply has to be broken before we can be confidently bullish. Personally, I'm slightly, very...
In the past week or so, Bitcoin has had some amazing gains - leading to the predictable decline of many, many altcoins. While there's no doubt that the volatility of BTC impacts technical analysis and predictions, including this one, I still believe that insight can be gained from this type of analysis. Lisk has had a pretty fantastic year, increasing almost...
Siacoin has started an uptrend in the very short-term, and we're looking to see how high it will go. Soon (~5:00 G.M.T.), we will be at a decision point where the local uptrend meets the long-term downtrend. Last night, we saw a bounce off of the top of the long-term downtrend channel, which was not totally unexpected, but tells us to watch upcoming price action...