alexxsounds

alexxsounds Updated 

LTC/USD - Two Possible Scenarios Leaning Bullish Short Term So far LTC is not doing anything unusual.. just typical algos bouncing between trend lines. The RSI is in the oversold territory on the lower timescales such as the hourly. The TSI hints at a minor turnaround here.. maybe good for a quick scalp up to the next high volume area on the VPVR, where it...

alexxsounds

3 Day Dildo Death Cross on BTC between 200 and 100 EMA ?

alexxsounds

Looks like this was indeed a short squeeze due to shorts being at an all-time high. All the oscillators are indicating a reversal here. Depending on the Fibonacci retracement depth, we will determine if this is a technical retracement before the continuation of the upward movement ... or will we continue plummeting as we meet the long-term trend line of resistance,

alexxsounds

Looks like some strength came back into the market.. BTC looks like it took a short squeeze the other day. The ETH token still has good strength left in it with the RSI looking good on the daily. Hopefully its not another bull-trap.

alexxsounds Updated 

Looks like we have completed a fib retracement for a full Elliott Wave set. Next target is $569 before the next major retracement. There maybe some smaller dips during this run up ... but again they should be smaller in nature at around the 50-61.8% Fib areas. Bitcoin cash should follow the same principle chasing the same ALGO target at 15% Fib or $1050

alexxsounds

One more push down is possible if the largest candle on the cart can be discounted as an error (if not it indicates retracement for DGD is complete) .. Target maybe at .876Fib @ $160 roughly .. Watching this one carefully.. hard to judge where the targets for the algos are coming from for this one.

alexxsounds Updated 

NEO may have completed its deep retracement. We are in a tightening channel that is right on a deep FIB line. Let's see what happens

alexxsounds

Verge retracement looks complete. Movement back up I believe has begun off the .876. Potential Target for complete of Elliot Wave set is between 0.07-0.09 cents. This is definitely one to watch.

alexxsounds

We just took a bump off the 87.6% Fib .. which in my opinion would be an april fool's bull-trap.. for now the volume looks good but these charts tend to follow Bitcoin. And Bitcoin is not done retracing. Litecoin is not yet at 87.6% Retracement on the Daily time scale either. So I would wait for a confirmation of an uptrend.. but i dont think this is it.

alexxsounds

We should see a nice bounce here. All the fib level correlate on all the timescales with a diverging RSI.

alexxsounds Updated 

Here we are.. Litecoin LTC has reached what should be it's final retracement point (unless I got smoked up and looked at the wrong graph again lol) At around $124.50 it will reach the buy zone.. And then take a bounce and begin a bull-run. Although we do have news coming out today about the complete failure of LitePay.. but I think noone cares about LitePay...

alexxsounds Updated 

Bitcoin Cash has reached it Crucial retracement level. This is it. Here we find out how much support BCash really has behind it. Is it ready to moon? Or are we gonna take a dump? This is the MOMENT OF TRUTH. There is a double bottom that formed, the RSI's and the FIB zones all seem to correlate this.

alexxsounds Updated 

BTC look to take a small bounce off the 238 fib $7300, bounce up to .5Fib $8,800 and then complete it's long-term retracement to .238Fib. Then we will reach a crucial reversal point. Whether it will reverse is a different question.

alexxsounds

A small retracement to the upside was rejected for ETH during the overnight hours. ALGOs may continue their push down to the $350 level.. Which is the next ALGO buy zone should be according to the charts. The hourlies with RSI both show some more activity to the downside is possible. Def watch this one like a hawk.

alexxsounds

NEO Retracement looks pretty-much complete. I am testing to see which level NEO will bounce at. So, if everything continues smoothly and trading algos remain in control, then I will be looking to set a position at roughly the $54 level. I will post a full-length video on my youtube channel later on.. Just look for AlexCryptoTV

alexxsounds

All the fib levels seem to correlate the algo movements.. I would expect the price to dip further down and enter around $519.

alexxsounds Updated 

Drawing simple trend lines make them converge in the same area. Kind of funny.. not sure what it means... if anything.