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...
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...
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...
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...
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...
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...
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...
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...
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?
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...