Lorenz_Capital

Lorenz_Capital Updated 

Hello traders, Ethereum looks really good on the weekly here, We can see the price has held above the 20MA (orange) for over a month now, and is preparing for a big push towards the 50MA (blue). If we can close a week above here, there is no reason why we can not see a fast and furious rally towards $400, similar to what we saw July 2017. I am well aware how...

Lorenz_Capital

Hi traders, This market cap chart has helped me immensely these past few years, so I hope you enjoy this 2019 forecast on the weekly time frame. Just a few things i want to point out on the chart, that are making me extremely bullish about the prospects of another $250 billion entering this market: 1. The bottom is in - this is signaled by the 200 week MA in...

Lorenz_Capital

I think we will see a pull back next week for $BTC and therefore the entire crypto market. Critical TA to note is the re-test of the trendline break (yellow). I believe we will need to test the 6k floor support at some point, and with a daily RSI stretched passed 80% in combination with a few other key indicators (on chart), this presents a great opportunity to...

Lorenz_Capital Updated 

Hey fellow crypto traders, Here is a simple look at bitcoin on the daily. This ascending wedge pattern has a high probability of breaking to the downside, in which case we would end up at the red sad fast. However there is much anticipation for the breakout above $4200, to get a better and true re-test of the 5k psych level. Things to note: 1. currently...

Lorenz_Capital

This has historically been a big resistance level. and the overbought conditions feel very similar. this is a ballsy move shorting something pumping this hard, but if there was a level to wait for - this would be it. RSI conditions similar to August 2017, when a following 40% drop occurred from these levels. I cant imagine this continuing to pump on the daily,...

Lorenz_Capital

The TA is pretty straight forward here - we could be seeing the makings of a trendline break dating back to July 2018. It is pretty clear that if BTC can make the break above $4200, then Monero will be a primed candidate to outperform. risk vs reward profile is pretty sweet here- Upside targets towards $0.015 (1.618 extensions) and stops below the 38.2 fib...

Lorenz_Capital

The TA here is pretty straight forward. We could be in the makings of a trend-line break dating back from July 2018 which could be huge. I think it is clear here that if BTC makes a break above $4200, Monero is a primed candidate for an out-performer. Great risk vs reward profile here. with upside targets towards $0.015 and stop loss below the 38.2 fib. Beast...

Lorenz_Capital

Hello fellow crypto traders, here is a nice look at DASH/BTC on the weekly. We can see solid response of trend-line support, and respect of weekly oversold RSI, and structure support. In the bullish crypto scenario, I can see Dash as an out-performer here, to make similar gains against BTC as seen in Litecoin these past few weeks. If you are fomo'ing Litecoin...

Lorenz_Capital Updated 

Hi, Here we see an OG crypto, flying under the radar as it approaches another critical decision time. Why this is an attractive bid: 1. $50 round number and critical psychology support level. 2. 1.618 fib (bear extension target support) 3. Huge point of control area (which has just moved up from previous $20 level, with the break out targets easy to spot and...

Lorenz_Capital Updated 

Eth daily looks really strong in my opinion. Fundamentally, the new software upgrades have now been fully implemented and the data looks good - showing improvement in block times, and decreased mining difficulty. Technically, we can see that price has gained the 100MA, and tested it as support 3 times now. With the 200 hovering around that $160, if we can break...

Lorenz_Capital

Iota looks very strong vs.USD (Left), and is at a big support level vs.ETH (Right). This is the weekly timeframe for both charts, and crypto can hold up this bullish momentum, then IOTA could start to look like a potential out-performer. Looking at it on the LOG scale, we can see a very nice descending channel structure, and flirting with a break out above the...

Lorenz_Capital

I think the stock market might be in a bubble? I am just using this MCD chart as an example of the state of the overall stock market. Anything above this 4.618 fib extension should be a good sell. Not too sure how this will play out, but I do know that charts that look like this end up getting rocked at some point. Question is when?..well i think this last...

Lorenz_Capital Updated 

I see a big move shaping up here in terms of capital moving into the crypto markets. The TA respect of this ticker is a thing of beauty. lets break it down. We really only see 2 bullish patterns in the candle structure - 1. inverse head and shoulders. Targets suggest a break above the $136B neckline should see a break towards $150B - $160B. 2. Ascending Wedge -...

Lorenz_Capital

Trade Setup below, potential cup and handle forming. Best of luck, hit thumbs up.

Lorenz_Capital

we now have access to the total crypto market cap excluding bitcoin right on tradingview! we can now apply technical analysis directly on the alt coin market cap chart! unreal! 1. we see the major trendline break (yellow dotted) 2. key psychology levels- $100 billion, $50 billion, $25 billion marks (teal lines) 3. descending channel (white) 4.TD Indicator It...

Lorenz_Capital Updated 

A look at Kinross Gold Corp monthly chart shows potential for some big upside. Solid volume coming in - supporting the impulse move, and making a case for a continued break out rally. Remember the stocks that did well in 2008? It was the gold miners that were the big winners in times of fear, uncertainty and doubt. This is one of the only are negatively...

Lorenz_Capital

Here we see a weekly look at Deutsche Bank - Europe's largest bank getting absolutely killed, making new all time low after another. Anyone taking about this? nope. Remind you of anything? yup - this is the same thing thing that was going on during the Lehman Brothers collapse in 2008. DB has already lost 55% of it's market cap this year alone, 85% since the fed...

Lorenz_Capital

Look closely at the TA outlined here. The weekly chart is closing in on a very important moment, where decision time coming in Q2 2019. Notice weekly oversold RSI. Trendiline support plus the round number as well as psychology level of 0.02 - this is huge. Not too sure what the possible catalyst could be that would result in ETH all of the sudden massively...