RizeSenpai

RizeSenpai

BTC has been showing some strength in the new year and has formed somewhat of a bearish shark that may very well turn into a Bullish 5-0, I have two paths here drawn out for the scenario that can play out if BTC pulls back at $14k. One is a pivot from the 50 percent retrace and the other is the 61.8 percent retrace at around $9600 which is confluent with a strong...

RizeSenpai

XLM has been on the down and down for years now but it looks like there might be a chance for it to breakout. Given the right conditions I believe XLM could break to atleast 9 cents in the near future. For longer term targets assuming we can hold prices above 9 cents, our next target would be straight to 13 cents, then 19 cents This will all be very likely so...

RizeSenpai

Usually when measuring the retracements for potential harmonics we use the Linear Fibonacci scale but i think it might be acceptable to use the FIB tool adjusted for log scale in certain instances and this is one of them. Pay no mind to the numbers auto generated by the Cypher tool as those numbers are only Linear scale retracements and the tool doesn't have a...

RizeSenpai

So I have had this idea that the total market cap itself might be forming a cup with handle pattern. At the very most i can see the rounding bottom and now it seems we have begun to retrace. Typically we don't like to see too much of a retrace on the way down something around a 50 percent retrace from the low to high is preferred. On the chart i have noted that...

RizeSenpai

Across multiple cycles LTC has always been the first mover rather it be for the upturn, downturn or even pattern development. And now we see that ETH is in a falling wedge but is yet to test the 0.786 fib retrace; meanwhile LTC is very very close to it's 786 retrace and is now closing in on it's most important zone of support. If the trend of LTC leading ETH...

RizeSenpai

So here's a trade setup that I have been looking at since mid September. Dash in a falling wedge at the bottom of it's channel that it's formed over it's entire lifetime with a massive 100%+ measure move. The recent pump and dump had me worried that it may have already played out but the pattern is still there and this is hard to overlook. My Targets: Buy zone...

RizeSenpai

Right now ETH looks like it's currently within the parameters of a falling wedge it's also broken down through many of the major support levels that is has created during the start of the bull-trend and has so far been treating the old support as resistance. The breaks of support had resulted in an over all dip of around 60% from 2019's all time highs but since...

RizeSenpai Updated 

So i took the fib timezone indicator from our ATH to our recent swing low and dragged it to the Last Swing Low before the initiation of the last bull run and it gave out some interesting results. Each Time fib managed to almost perfectly correlate with a major price action and also a change in market sentiment. I was actually quite shocked with this thought it...

RizeSenpai Updated 

So i have already posted a chart of my Bullish outlook on the BTc pair for LTC so far so good. Now i think it's about time i do the USD comparative. As you can see in the chart we are in a major area right now and we seem to be trying to get above and out of it and at the same time we seem to be forming a harmonic pattern. it's a bearish one but one can go long...

RizeSenpai Updated 

I'm back with my first chart since May 17th where i stated that we may see a huge move in bitcoin in June to Early August if you are interested in that idea it will be linked in the related idea section below. Now on to the CHAINLINK analysis. On the weekly we are forming a bullflag on LINK that is very much visible on the Heikin Ashi candles and is fairly...

RizeSenpai Updated 

Litecoin is nearing the end of it falling wedge for it's BTC pairing. The measured move of this pattern is massive with a 93-105% return. The Target of the move for this wedge is confluent with the 0.786 fib retracement and it's showing some extreme amounts of divergence on a critical historical support level on both the MACD and RSI. Look for a potential...

RizeSenpai

Everyone reading this is probably aware of the insane amount of gains made on BTC over the past couple weeks; I made an idea explaining what i think is going on with BTC right here if need be refer to that idea to understand what i'm saying about LTC, without further rambling lets go. So LTC has about tripled over the past weeks along with bitcoin's unexpected...

RizeSenpai

So recently BTC has had a hug run up tackling any and all resistance points that we could have thrown at it at first it looked like a typical BARR pattern and that we would come to revisit our lead in trend line but that's been shown not to happen after we saw price test the bump line and continue to hit it's previous recent high around $7500 Barr patterns...

RizeSenpai Updated 

I decided to attempt to chart this i know it's prolly missing alot but i just wanted to try :p I'd love to hear your input on this? Are we headed up?

RizeSenpai

So this is just a followup to my previous chart on rather or not RDD would Rise or fall. We tried to test resistance and failed. It didn't didn't help that the whole market was crashing at the same moment. Now we are going down but we aren't out RDD will recover as the market recovers. Until then i'd suggest loading up on some more RDD. I will give you some tips...