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Litecoin Pummeled, Testing Support

litecoin shows bearish signs, but they're not overwhelmingly strong.  Read further for more technical analysis.  

At the time of this writing, litecoin was trading at $54.60.

Levels from above include:

Read More

Neo Getting Crushed

Although the technicals for neo seem to be bearish, we don't have a lot of conviction.  

neo is trading at $18.49, at the moment.

Levels from above include:

Read More
05 Sep

NZD Continues to Slip on Trade Tensions

NZDUSD has extended its losses for the sixth day in a row, touching key levels in the 0.65’s.  A strong US dollar and US/China trade concerns have both spilled ov

Read More
05 Sep

AUDUSD at Lows, Testing Key Levels

Although the upbeat tone of the RBA gave AUDUSD some respite, this was short lived dollar buying continued in a frenzy.  The greenback sustained gains against a basket of major currencies over NAFTA trade talks, strong economic data, and general haven flows.

Read More

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Kovach Altcoin Index

 

This index is a weighted average of the top 5 altcoins by market capitalization.

Since this changes often, the index is updated weekly. You can think of it as the S&P 500, but for altcoins.

Itʼs extremely useful to get & feel for the flow of funds between bitcoin and the other altcoins.

Kovach Crypto Spread

 

With the Kovach Crypto Spread, we can visualize the returns on Bitcoin vs the top altcoins by market capitalization. Since the market capitalization changes frequently, this indicator is updated weekly.

If the indicator is in positive, bitcoin is providing better returns than the altcoins.
If the indicator is negative, the converse is true.