Looks like either BTC found new support to bounce back OR it's just a minor flux from the downtrend
Can we break the channel? If not, probably going downwards more.
Looks like I was right, last night? (12-21-2017) But today (12-22-2017) looks like I was Way Wrong and here we go, over the WATERFALL! Still very promising for HODL ers; however, buying at $260 is disappointing, looking at these prices today 9.00 am EST Hopefully the price will continue to dip into the afternoon or possibly into the weekend?! At any rate, this is...
Hello Fellow Hodlums! This post will outline my humane approach to investing in Bitcoin. Consider how much money you can afford to completely lose. Calculate rough percentages and follow my lead. Please read disclosure at the bottom of the post. Technical perspective : 15,000 is our closest area to consider buying. Round numbers and Fib levels support us here....
NEO has always been known to be an undervalued Coin in the Cryptocurrency Community. When the recent pullback from the Bullish Uptrend retraces from applied Fib Level 50 or 61.8, price of NEO will indeed reach $100 USD before 2017 ends emerging from the undervalued atmosphere to a more focused Crypto buyers' sight.
IOTA has always been one of my favorites and the recent struggle with their wallet has led to a cooldown in price action. Now we see the price action moving once again and we see IOTA breaking out the Ichimoku cloud and see the beginning of a green cloud forming. RSI also confirms bullish price action. - Mind you all to look at the scale of the chart. Follow...
Havent had RSI this high and oversold on the 1 hour since wednesday/thursday rush....hodl tight we found SOME support at 427, next at 400.
We already know where this is going! Enjoy the ride!
Break of bullish flag should imply another move up! Break of this consolidation range should signify further upside objectives.
Bought the dip. Will keep an eye on if it breaks trend line. Easy R/R tradeoff here.
Hitting that milestone of $20k was a good way to end the year. But the year is not done just yet. The analysis shows that an impending correction is coming which will bring back to the 17k - 17.3k USD range. A correction will be simply that, a correction. The market will misinterpret the correction and some profit taking will be seen. Those shorting BTC will...
As an update to my prior published Chart of LTC Christmas!!! The current pattern/trend appears to be holding STRONG! I would go LONG and recommend buying while you still can...opportunity is closing FAST! At this current UP-Trend; if it continues to HOLD; we may miss opportunities to buy again at these current $300.00 price range for LTC? We could easily see a...
My goal is simplicity on this one - Trend, Technical Analysis, Support Levels. Like many traders, I put too much faith in the institutional shorts in the futures trade this week and missed a perfect buying opportunity in the 13,500 area. So I'm getting back in gear here. We have reached higher highs on BTC today. In order to forecast what happens next, lets...
Futures coming into BTC at the end of 2017 is going to be a tough finish for the alt sector. Looking at the 1 day trend for LTC we see a trend emerging that LTC could make it's next big move in the early months of 2018 as BTC starts to level out a little. While BTC is pushing pull out of alts and buy in at a low when you see BTC RSI starting to trend back below...
Here's what I am looking at, and I do believe LTC will rocket into the $400 - $500 price range around Christmas or New Year's? Looks like pressure is building in Volume and intensity as represented in the MACD scale at the bottom of the graph. A Potential Market structure may be building, which I think is bullish and ready to burst north to said price range,...
Notice the volume declension, be prepared to exit at blue box targets. Buy on direction change. Abort to short if break down. LLAP