whoisthelorax

whoisthelorax

the likelihood of breaking out of this downtrend without more correction is unlikely.

whoisthelorax Updated 

Look for the higher low of 10,700 to hold (or fail). if it holds or a higher low clearly forms, safe to enter. if 10,700 fails, look at 9K or below bear signs bearish divergence on 30 min macd ascending wedge declining volume as price rises

whoisthelorax Updated 

A whale has placed a 57 btc buy order on bittrex, boosting the price slowing. however, he/she is probably forcing a mini head and shoulders before the btc pump. the neckline is aroun 3700 and with strong support at 3500, buying a little at 3500/3400 makes sense, but also waiting to see just how much btc surges. we could see 3100 as well, which is where the 61.8%...

whoisthelorax

See chart

whoisthelorax Updated 

It's a bit dirty, no doubt... but someone is pumping millions into xlm right now. It appears the bull movement may try to run against BTC! Not taking a position here, i already hold xlm. So i guess not selling.

whoisthelorax

Disclaimer: I was a VTC bear. A bit butthurt as I bought and sold VTC years ago during one of its pumps. Whatever. I don't actually see the value in VTC right now. I remember my brother being pumped about it so i checked out the chart. This was a couple months ago. Damn, thought. This chart is rather bullish. But I still thought VTC had no purpose. As the...

whoisthelorax Updated 

with a likely falling btc, we could see beyond 4.236 extension.

whoisthelorax

XLM has officially bottom and everything is aligning for take off. -50 MA crossed 100 MA on daily recently -RSI, MACD all bullish on all mid to long time frames -weekly bull MACD cross occurred 1-2 weeks ago, all set for multi week/month uptrend And the 2 things that hold XLM back -the 50 day MA crossing the 200 day MA -1k satoshi price level Black line...

whoisthelorax

.786 Fib at around mid80K satoshi (not pictured is .886 fib, that is around 55K should btc go ballistic) Look for OMG to form a double bottom around .786 and rechallenge the resistance line before committing to this awesomely anticipated wave 3.

whoisthelorax

Log chart, pitchfork accurately showing bottom. TP at middle line, depending on hype/news/btc One thing to keep in mind is that the privacy coins may have a surge together. Follow ZEN, ZCASH, DASH as well.

whoisthelorax

Still bearish MACD and RSI on Daily, making lower lows. Just fading past .886 fib, still within range. I'm looking for coins like xlm or SNT, capable of a bull run even within the btc market. this isn't it.

whoisthelorax

It just so happens many of the fib levels correspond to fib numbers... note the .382 and .618 retracement levels hitting fib numbers like .0005 btc and .0008 btc. All of this depends on btc of course, but the bottoming out has happened and it appears we will see where wave 1 will take us. wave 3 could be massive.

whoisthelorax Updated 

Just a question, not asserting anything.

whoisthelorax Updated 

see the chart... further signs Look for the daily MACD to cross the 0 line look for the RSI to trend 50 and up in hourly, look for continued RSI bull trend in daily 1st/btc has held 4200 satoshi for 2 weeks. good start but must hold.

whoisthelorax

BTC strength renders this one further down...weekly time frames are no joke obviously keep an eye on the weekly MACD for the ultimate sign of bullish reversal as well.. this is temporary short. buy the dip. i don't know how far down it will dip.

whoisthelorax

I'm curious to see what more seasoned experts see here... I hold no OMG currently.

whoisthelorax

PTOY has tested the 10K psychological satoshi level multiple times and retreated. This one was impossible to see on Bittrex graphs because of the lack of 2h and 4h time frames. Should btc break down into further correction, probably breaks down with it. if btc can hold on and stay above 4k for another few days, PTOY breaks out. could be HUGE.

whoisthelorax

This is just a thought... Do we have a fractal bullish signals coming at us? inverted Head and Shoulders cup and handle oversold as it breaks through, perhaps expect a retrace to confirm, then lift off?