MMBrown

MMBrown

Each time the RSI on BTCUSD SHORTS has been over 70, It's been prime time to buy. Could the price still tank? Yes. Nobody knows the future. But if this isn't a buying opportunity, nothing is.

MMBrown Updated 

I think the intersection of 2 supports will produce a bounce at least to the top of the downward channel.

MMBrown

I think that a move up (to the moon) right now is what everyone is expecting. Since what everyone is expecting doesn't usually play out, here is my theory. We will have a false start so to speak. A decent run but it'll lose steam. And then---> In order for the big boys to get their massive orders filled, They will need to dip down into all the long stops that...

MMBrown Updated 

Looking back at the last 10 times or so, LTC usually reacts pretty harshly to a daily bearish MAC D cross. Unless this rocket takes off now, look out below and hello to $115

MMBrown

BTC will continue to tighten up over the next few months. At which time there will be much complaining in the TV chat. BTC will break out late summer, and by November, When a lot of people have sold out of frustration/impatience, will either dive bomb into the ground due to unforeseen circumstances or it will finally go to ATH just in time for Thanksgiving and...

MMBrown

IF the bulls don't show up, may be revisiting 7000. Everyone else seems to be Bullish still so hopefully I'm wrong. Either way, I'm ready for anything

MMBrown

Each time litecoin bounces off or passes through the $158 mark, the move gets smaller and smaller. Lets see if that is about to change.

MMBrown

Will little brother follow big brother? Time will tell. Wise to wait for multiple Bull signals!

MMBrown

Welcome friends! Lets get right into it! As you can see, LTC is following the completely predictable pattern knows as "the toothy smile" This pattern suggests that the price could either go up, or down. Usually it goes Down, to the right and up. either way, I'm right. :D The best stradegy when dealing with the toothy smile, is to attempt to "help" draw the...

MMBrown

Take a look at this volume. Also is within the channel set before the end of the year. Interesting to see how this plays out.

MMBrown

LTC shows a bull flag on the daily. The target also coincides with the Inverse H&S on the 4 hr everyone is talking about. But will it be enough to punch through the massive resistance from 167-170?

MMBrown

We could use a little pullback right now. Note decreasing Bull volume. Time to take a breather for a day :) Shooting for $160 - $165

MMBrown

Interesting correlation to the previous pattern. Will it come true? Maybe :)

MMBrown

Someone correct me if I'm wrong. Bear Flag? Possible 140's?

MMBrown

If we are beginning a new Bull trend, this scenario looks much more likely to take place rather than the "to the moon" ideas I see elsewhere. Am I wrong to suspect this new channel will be a much more gradual slope than what others are predicting? I suspect a drop down to the 135-150 range will happen before the new Channel will establish completely. Sorry,...