The_Paradoxed_Prophet

The_Paradoxed_Prophet

When CRYPTOCAP:TOTAL and CRYPTOCAP:TOTAL2 enter their bull markets, large capital will look for save havens to increase their purchasing power. While Bitcoin has proven time and time again to be an amazing hodl after the accumulation phase, it's R:R is reaching diminishing returns. Major Altcoins that have proven the test of time, like Ethereum and Litecoin,...

The_Paradoxed_Prophet

Wyckoff Reaccumulation is a concept in technical analysis used to identify potential buying opportunities in financial markets. It is based on the work of Richard D. Wyckoff, a prominent trader and market theorist. In a Wyckoff Reaccumulation pattern, there is a period of consolidation or sideways movement following a significant downtrend. This consolidation is...

The_Paradoxed_Prophet

Litecoin Levels/Incline pre halving cheat sheet Vertical Levels - Monthly Opens Horizontal Levels - 1:1's and OB's Incline is the range we're in.

The_Paradoxed_Prophet

Keeping it simple, Fibs + Range - ATH was just a deviation, Cycle Low was just a deviation. Easily tracked levels.

The_Paradoxed_Prophet

Now we're retracing back into the large macro move down, it's worthy to know your levels - as Bitcoin rallies off it's bear market bottom can be quite savage. Linear Scale Fibs Log Scale Fibs Annual Pivots

The_Paradoxed_Prophet

Multi Year Range. Halvings. 0.618's being respected everywhere. With the turmoil in TradFi right now, we're either getting great entries in this sweet spot, or everything is going to capitulate.

The_Paradoxed_Prophet

Phase A The selling force decreases, and the downtrend starts to slow down. This phase is usually marked by an increase in trading volume. The Preliminary Support (PS) indicates that some buyers are showing up, but still not enough to stop the downward move. The Selling Climax (SC) is formed by an intense selling activity as investors capitulate. This is often a...

The_Paradoxed_Prophet

Litecoins halvings creating nice rallies during the bear market in between Bitcoins halvings. This is a chart showing majority of the divergence / hidden divergence on the timeframe selected. The halving is due in August 2023. if there is a throw back after the current hidden bear div is locked in, the sweet spot is marked. be sure to have a profit taking...

The_Paradoxed_Prophet

It's quite interesting that the bottom was a 1:1 of the initial large impulse down from the ATH. So each section of that can now be put into range/s. Will be interesting to see price react over the next 12-24months within this range

The_Paradoxed_Prophet

Bitcoin - fractals - ranges - curious. One would assume the bottom is in - or very close, and we'll rally to the range quarter / annual open. reject in glorious fashion (think April > June 2019 Bear Market rally)

The_Paradoxed_Prophet

Circulating Supply: 71,089,056.28 LTC Total Supply: 84,000,000 Website: litecoin.org CoinMarketCap: coinmarketcap.com Founder: twitter.com Social Link #1: twitter.com Social Link #2: twitter.com Random Facts: Litecoin is a fork of Bitcoin. With '4x' times more supply. Litecoin has a feature that allows share mining with Doge. Dash is a fork of...

The_Paradoxed_Prophet

Circulating Supply: 71,089,056.28 LTC Total Supply: 84,000,000 Website: litecoin.org CoinMarketCap: coinmarketcap.com Founder: twitter.com Social Link #1: twitter.com Social Link #2: twitter.com Random Facts: Litecoin is a fork of Bitcoin. With '4x' times more supply. Litecoin has a feature that allows share mining with Doge. Dash is a fork of...

The_Paradoxed_Prophet

I have no attachment to this, however it's cross referencing previous cycles retracements, durations, etc. Right now we're in a small trading range in a DOWN trend on HTF, looking weak. IFTTT.

The_Paradoxed_Prophet

Really not a fundamental trader, and usually fundamental events are sell the news. Could see a narrative around the entire 'left vs right' privacy and free speech vs control.. if MWEB is added to Litecoin, it then means it can also be added to Doge and Bitcoin. I'm positioning long. I am managing my risk. Good luck!

The_Paradoxed_Prophet

Litecoin looks to be in heavy accumulation, expecting one more shake out (savage one) - and then a pump of the ages like DOGE. So long - but expecting liquidity grab first.

The_Paradoxed_Prophet

Early/Mid March, Bitcoin will end it's cycle bull run, and move into distribution. The price will reach $280,000 - $320,000. $316,000 being the most likely. Position yourself wisely. Manage Risk!

The_Paradoxed_Prophet

Log scale is a pain to use, as measured distances get warped due to how Log scale is printed, however the channel tool is a great work around for that, along with fibs. Quite often, even on the macro scale, 1:1 moves are very well respected. These 3 levels are based off logical 1:1 moves, the logic is defined by previous market cycles, bitcoin respected these...

The_Paradoxed_Prophet

A series of 'if this, then that' keeping price action objective based.. the dance that happens within each section is irrelevant.