OKCOIN LTC/CNY chart converted into USD. Then Compared against BTC-e LTC/USD. The difference between these two exchanges are then output as a number showing the delta (difference) between the two exchanges. Positive number indicates that BTC-e is above Chinese Exchange prices. Negative number indicates that BTC-e is below Chinese Exchanges prices.
Continued divergence on RSI and additional divergence forming on EWO signaling the end of wave. Look for downward break of wedge for confirmation. Box highlights possible price targets. May go lower based on extreme price action of late.
Based on the size and strength of recent price movement it seems that we have completed a wave three of some degree. Additionally, a bear divergence has formed on the RSI signaling the end of a move; the width of the EWO tells us it was most likely a three. Here it has been labeled using (3). Price requirements for (4) have been met, but there is a good chance to...
LTC has been a weird one chart wise up through this time. Bollinger Band analysis seems to provide the clearest insight into a potential pop. Note: Head fake - Bearish candles hit bottom BB and found support to bounce from (Pink Box) BBW is at a lower extreme (Blue Box) - the tightening of the bands should open up and give way to upward movement Look for...
New all time highs and gold parity. I want to give my hottie a new BTC chain necklace so I went to the local artisan. They said wat? The best that I could do was pay for a new gold chain in BTC. So is BTC as good as gold? I wanted to get this latest version of the weekly chart out on display to make some comments. There is no evidence to suggest this...
Dollar is going to continue it's growth against Renminbi (CNH, CNY). Breakup of triangle would start the upside impulsive move. Target at 7.12
Continuing with the downwards trend after the PBoC market intervention on the Chinese exchanges at the beginning of the month and followed by the elimination of the no-fee policy by the three major exchanges in China, I think bitcoin will continue to go down to around 4750 CNY considering it's bullish tendency is at pause. Bears are in control again but not for...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 58 SHARE INDICES worldwide (2016 Yearly Performance) @ drive.google.com Best regards Aaron
A chart tracking the correlation between 1/btccny and cnyusd. The theory is that since mid 2015, the devaluation of the yuan has been fueling the bitcoin bullmarket that emerged that year.
BTC has been wild lately. Here we have a possible continuation pattern - pretty straight forward. Breakout will be above point (D) at ~5273.33CNY / Confirmation above (B) at ~5378.22CNY The pattern will be invalidated with a break below (C) ~5060.37CNY
Shorting BTC/CNY here in hopes of a correction to around the ~600 USD range.
I think the EUR will continue depreciating and appreciating against the CNY as shown by the general trends it seems to be following. There's consistent, although there's not 100% contact with the support and resistance lines. Maybe like 90%? So hopefully it continues along this trend! Critique away please :) .
Potential expanding diagonal 3 or C unfolding. Still room to move on Prem. v Spot