Hey there, buddy!✌️
By examining the chart in the daily timeframe, as you can see, The price has been moving back and forth between $31,000 and $29,500, showing a consolidation pattern with decent trading volume. It's crucial to keep an eye on the support level at $29,500 to see if it holds. Now, here are a couple of scenarios to consider:
Scenario 1: If the...
🖥️ We have determined there is a 60% chance Bitcoin will rise from our current entry point.
📈 LONG BTC - Entry Price : $22,965
💵 Length of trade: we are expecting BTC to hit a $200 scalp, with a high end of $250, and a minimum expectation of $125.
🕰️ Duration of trade: we are expecting this to occur within 4 hours of this signal, with a maximum duration of 7 hours .
waiting for the price to come back to the key level
a very strong support level, if the price does not break the structure I expect a nice move to the upside
Litecoin made almost nothing. All big alts made new new ATH except LTC. Sell volume is going down... focus on this coin, maybe soon will go strongly up.
13.8k was the top of this bull run now slowly will most likely go back down to 7.5k , it will take some sort of huge man made pump and manipulation to bring the market back up for a trend reversal at this point so we have few more pumps left before end of sept where the decision will be made by the whales to bring it down for one final gain or pump it up chances...
I have been meaning to post this chart several days ago because the weekly printed as a horn pattern a form of double top, which is a reversal pattern. The price objective of this pattern is 5800, and the confirmation of this pattern is a close below the low of the horn which is ~9600 and it appears like it might do that.
There are several obstacles for price...
I just wanted to remind everyone that our Cup and Handle analysis on LTCH19 was nearly perfect and the profits in only a 5x margin were in-between the 100-200+% range since our entry. I am very happy for those of you that held in this and I hope you are ready for the next in-depth analysis.
For now it seems the trend is ascending but after the breakout bulls stopped to buy for a while and so an inside bar pattern formed that shows us there is a consolidation in lower time frame is happening. Also it tells us still nobody won the battle between bulls and bears but we can find it out if the price close above or under the high or low of the mother...
