Browsing Archives

November 8, 2018

U.S. Reporting Season Discouraged Investors with a Possible Crisis

In the current corporate reporting season the US stocks dynamics demonstrate increasingly pessimistic estimates for the American economy prospects. Part of the concerns is the ability of the economy to continue the current growth cycle, which is the second longest in US history. The outcomes of ...

LTC/USD and EOS/USD in a corrective stage

LTC/USD Since the last week’s analysis on 1th of November, the price of Litecoin has increased by 7.81% measured from the open at $49.88 to the levels the cryptocurrency is currently being traded at $53.83. As you can see from the hourly chart above, the price went even further up to the ...

Bitcoin Up but Momentum is Weak

Bitcoin has managed to successfully conquer the $6,500 handle yesterday. We hit a high of $6,592 during the small pump but a lot of those gains were quickly surrendered. We are currently quoted at $6,564 dollars per coin. Bitcoin Up but Momentum is Weak The short-term momentum in BTC/USD is up ...