I’ve refrained from posting about Litecoin’s bull run so far but finally decided to take a look at see whats up. Note, I don’t own any Litecoin myself and not planning to buy into this rise so I only look out of curiosity. Here’s a 1 day chart of Litecoin versus Bitcoin, ie LTCBTC from […]
Remember those days when bitcoin was heading up? Ah such a long time ago. Here we are still wallowing in low prices and looking to be heading lower. Interestingly I’ve seen a few people from the precious metals sphere, once against bitcoin, now bitcoin believers who think bitcoin is being manipulated down along with gold […]
My last bitcoin post showed support after the silk road auction panic. That support was found just about precisely on the bottom trendline of the bullish longer term log channel I’ve often referred to on this blog. My fears that log trendline might might be broken seem increasingly unfounded, theres been no retest of that […]
Real money silver has broken through to the other side .. The huge manipulated wedge looks beaten as predicted. Expect all the usual shanannigans in the media and financial institutions to try and keep it repressed. The unprintable achilles heel of the bankers won’t be denied.
I know this kind of goes against the idea I had in my last post but looking at the way this rally has progressed so far it has been a steep rise followed by a pennant, ie flag pole and pennant continuation pattern repeating. At the moment it looks like another pennant could be about […]
Back to bitcoin, ah bitcoin. Heres a quick look at the 4 hour bitstamp chart. Price is holding up quite well above $650 at the moment. I’ve got a bit of an idea for another chart pattern which I thought I’d share. Its looking to me a bit like a head and shoulders is forming […]
Darkcoin appears to have captured the imagination like its running on dream gas! For me its the first crypto thats got me as excited as bitcoin did when I first heard about it. The ingenuity of bitcoin didn’t quite stretch as far as proper anonymity of transactions, so enter… Darkcoin, to address this little […]