LTCBagHODLR

LTCBagHODLR

Bear Divs are a rare occurrence on the Weekly TF, but we just printed one. Even a single hidden bear div has been a reliable indicator in the past, as shown. Careful trading at altitude.

LTCBagHODLR

Lines and VWAPs and Fibs over a long time frame. Sometimes it's good to just zoom out.

LTCBagHODLR

Look for a bounce on support in the 40-41 range off vwaps, MAs, 2.236, and/or trend line. A rejection at the sellers vwap around 43.5 seems likely. If so, could we eventually see 36.5 - the top of the 3 month channel. From there, it’s anybody’s guess.

LTCBagHODLR

Just had a nice breakout. Up against the POC and the original impulse line on this fib channel. H4 fisher, stoch and RSI need a breather. Hidden bear divs peaking out. Let’s retest 38/39 before overextending ourselves.

LTCBagHODLR

Fisher and Stoch turned down. Top of wedge. 4 Hidden Bear Divs. MACD losing momentum. Turn down here and the H2 MA 50 should cross down on the 200.

LTCBagHODLR

BTC is sitting on the 1D EMA20 and is hovering just above the 2018 2.618 fib. Stoch RSI has turned down and Reg RSI is holding with a downward trend. With SPX broken out of its wedge, we may see this week test the EMA100 or 200. Stay watchful.

LTCBagHODLR

After yesterday’s totally unamazon-related bear hunt (the giga liq), our bear divs went into hibernation. That’s ok; we still have some hidden ones. After breaking up too quick for its own good, we broke a super vwap but gassed out on a golden fib. Now, we turn back down into the daily channel — just like the last time we tried 40 and failed. But this time,...

LTCBagHODLR

Bear Divs haven’t printed since 5/8. Strong VWAP overhead, too. BTC needs a strong upward move to breakout. But we haven’t had this many Green Days in quite some time…

LTCBagHODLR

What a Sunday! As of now, we’re around 38.8, having currently been rejected just shy of several key resistances - 40.0, a local 4H .236, and the 4HR 200 EMA. So what happens next? Well, the Stoch RSI and Fisher Transform show the 4H on overbought territory and we’re above our upper anchored VWAP. Down seems reasonable. How far? Look recent local support...

LTCBagHODLR

The devil wears and suit and tie, and he’s known to prowl the ides. March is hard on Bitcoin, and we’re nigh upon it. Some stats: March Bloody March 2015: Red Candle. O-255 / L-235 (8%) 2016: Red Candle. O-435 / L-380 (13%) 2017: Red Candle. O-1200 / L-890 (26%) 2018: Red Candle. O-10300 / L-6600 (36%) 2019: Green Candle. O-3800 / L-3670 (3%) 2020: Red Candle....

LTCBagHODLR

ADA has had a marvelous run these past few weeks. But time is drawing near to take a breath. The 1D chart is showing descending peaks on the RSI — very similar to BTC’s precorrection setup. A fall to ten nickels in the coming weeks would be a healthy correction that would give ADA to gas it needs to keep surging up. Recommendation: take a majority profit,...

LTCBagHODLR

Have the Bears been biding their time, easing us into a Bull trap? We may soon see. A bearish triangle is well formed on the 15M. Support rests at 172 and rising. Resistance is at 178 and falling. Something is brewing, but it could take the better half of the day. What happens if we breakdown? Expect to revisit the low 160s, and begin to consider the scenario...

LTCBagHODLR

What a slow start to the night! After some early action, we’ve fallen into an ascending triangle. What happens next? 15M RSI is trending down and MACD is flat. Look for a breakout above 47800 for a potential Bull run, or a dip below 47400 for a Bear rush. 400 points, that’s the margin we’re down to, and time’s drawing near. Expect some action in the next several candles.

LTCBagHODLR

Friday Night Fight isn’t going well for the Bulls. A Bearish pennant appears to be forming on the 15M. The next hour may prove to be revealing as to next steps. Look for support along the bottom regression line. If it isn’t there, brace yourselves for another jaunt downstairs. Position: Majority in at $202. Minority reserve available for entry.

LTCBagHODLR

We’re setting up for a breakout struggle on the 15M. The 5M is at the edge of its regression line and seeking support around RSI 40. 1M chart is struggling to hold the line with some bullish bottoms on its RSI around 40 as well. The next several candles matter. If we can get a candle above the 15M regression line around 182, then the 1HR is cleared for a run. But...

LTCBagHODLR

As usual, this weekend should get interesting. And what better way to end a grind of a week than with some hard hitting full contact Bear and Bull action? Warm up the stadium lights — Friday night’s almost here. I shortened the regression period by a few candles to turn it up into the current trend. Somewhere just north of $200 looks like a good target for the...

LTCBagHODLR

The perception of crypto has undergone a fundamental transformation in the past 12 months. Paypal. Tesla. Apple. Celebrities. It seems like everyone is buying, adopting, or at least considering how to integrate it into their business plan. Portfolios are recommended to contain BTC. It’s nowhere but up from here, right? Right. But. Sometimes you have to take a...

LTCBagHODLR

LTC has broke pattern, but bounced off the 5m RSI 30. If it can push through 192, we have a bullish breakout. Stay alert.