Litecoin

Dmitry Gurkovsky, leading analyst of RoboForex, tells about further possible scenarios for the movement of the price of Bitcoin and several popular altcoins. At the moment when Bitcoin tests resistance and forms another reversal model, Litecoin storms new tops. Based on the technical analysis of the structure of the LTC / USD price movement, we are only in the middle of the growth phase. One should not exclude the powerful continuation of the rally with the aim of […]

Today, June 7, the price of the first cryptocurrency pleased investors with a successful retest of $ 8,000. The graph below shows that after several attempts, the price still managed to consolidate above this important level: Note that the growth occurred against the background of a surge in trading volume, which confirms the strength of the upward movement. As noted by Twitter-account Chonis Trading, two symmetric triangles preceded the rapid growth, […]

Charlie Bilello, an analyst at New York-based Pension Partners, said that the return on investment in the first cryptocurrency since the beginning of this year was 134%. 2019 Returns … Bitcoin $ BTC: + 134% Oil $ USO: + 27% REITs $ VNQ: + 19% MLPs $ AMLP: + 18% Nasdaq 100 $ QQQ: + 16% S & P 500 $ SPY: + 14% Small Caps $ IWM: + 13% EAFE $ EFA: + 10% Commodities $ DBC: + 8% High Yield $ HYG: […]