crypto_emu

crypto_emu Updated 

Buying LTC near the lows of this range could be a great opportunity for anyone wishing to make more ETH. BTC topping out could be a catalyst for large gains in LTC vs. ETH as any retracement in BTC is likely to negatively affect ETH's USD value more than that of most altcoins. An ideal entry would be to buy a reclaim of the lows after capitulation.

crypto_emu Updated 

DOGE pumped back into the accumulation range and now retracing to the 0.618 fib at 25 sats. It probably gets front-run so going to get some at 26 too. Looking for the range highs minimum, I wouldn't be surprised if Elon Musk and Tiktokers can push this into the 100's.

crypto_emu Updated 

The Q1 test pump in ETH's 2017 bull cycle created a new ATH, surpassing the previous one by 55%. The subsequent run increased this new ATH by a further 170%. If we transpose these percentages onto the current ATH we get a test pump top of ~0.24BTC, followed by a quite insane run to 0.65BTC. This would be almost 20X from here, not so crazy when you consider...

crypto_emu Updated 

THETA looking like it wants to rekt early H&S shorters / pattern traders who don't know what they're doing. Just above support and trendline, already hit the 0.618 of the move from 4300s to 6700s, about to make a higher low. Conservative / safer entry would be to wait for a break and close above 5520s.

crypto_emu

GRT pulled itself out of the falling wedge on relatively modest volume, now waiting to see if it can get back into the range, increasing greatly the chance that this long setup plays out.

crypto_emu

GRT looking anaemic right now in the face of BTC bullishness, needs to reclaim the range low at ~1680s and then we should see it punt to the highs. Next significant support at 1000-1100s, this is just below the 0.618 fib retracement.

crypto_emu Updated 

Brief update to my previous trendline analysis of XRPBTC, everyone thought this time would be different with the recent substantial pump (partly) breaking the downtrend, then some SEC stuff comes along and XRP enters full retrace mode just like it has done, every other time. Looks really rather shitty now, with the "breakout" looking more like a bearish retest. ...

crypto_emu

Bitcoin looking more positive for another leg now, also the $XRP news / dump means some of that money will be going somewhere and I reckon BTC, LTC and ETH will be the winners, in that order. I drew a load of trendlines for BTC, trying to predict where this rally might top out - all of them have been flipped and the last one is at 30k. Who knows how far this...

crypto_emu Updated 

GRT looking good consolidating under the range EQ but alts in general very shaky right now. Looking for a flip of red before considering a long to the highs and potentially beyond. Losing green would be bad obviously, but could easily lead to a new long setup if reclaimed.

crypto_emu

ETH sat just outside its trendline here, it doesn't look great but also fairly indecisive, and when ETH reverses it just melts. MFI is really very oversold on daily and the bullish trend since September 2019 is still intact. Looking for a wick towards the support marked in green, which is the consolidation which preceded the move to 0.04; if ETH reclaims the...

crypto_emu Updated 

BTC wants to break the ATH (or not yet). The dips kept being bought up and the potential bearish setup of 18.5k acting as resistance failed with style, so I am leaning bull, hence the two bull setups and one bear. Losing the 18.5k pivot would indicate buyers starting to become exhausted and we go back into the downward channel. If it plays out, the bearish...

crypto_emu

Bitcoin going parabolic into all time highs, people getting euphoric as the chart looks insane but I don't think it will break through on the first attempt. Nothing goes up in a straight line and BTC had many pullbacks following parabolic advance during the previous bull-run of 30-40%. There's not exactly much horizontal resistance in this area to speak of,...

crypto_emu Updated 

BAT has had a nice little run, I don't think it's done yet but either way I think it will have one last go at holding above 7500. If it succeeds then price will stay in the upwards channel shown and another attack on 9000 is very likely. Invalidated if BAT fails to hold 6000 and closes into the cloud below 5800.

crypto_emu Updated 

Update for my previous half-formed idea about a potential Ripple bounce. I drew some more lines and my idea around the 3D MFI is still in play. Basically all previous significant pumps have happened after the 3D MFI came out of oversold. Now this doesn't mean a huge amount as far as price goes, because of course price can still be going down whilst the...

crypto_emu

So RippleCoin has been continuing to do what it does best, looking a bit bullish before bleeding into oblivion. This time it was different, because muh strong support etc. My previous long was based around what I saw as a massive IHS on the daily, bull div & SFP on the 12H and the general shift in PA in this region close to the trendline. Seeing as I got...

crypto_emu Updated 

TUBE got rekt by an OTC deal gone wrong and I am underwater with this, but I added some more on the dip. Prior to the drop it was holding price below a major resistance quite well and was starting to look like another leg up was not far off. Currently resting on the daily cloud support, I would like to see this reclaim ~1100 and provide a candle close inside the...

crypto_emu

Cardano's been pumping like crazy for a while now and just broke a trendline so I'm wondering if it might get rejected from ~1750 and retest the cloud / lower trendline. There's also declining volume and a chunky bear div. If I take the trade I will be monitoring it, waiting for confirmation before entry and using a trailing stop as there's a high likelihood...

crypto_emu

After its recent run up BAT is printing a nice pennant complete with hidden bull div on the 4h. Looking to take profit at ~9k though I believe this will break ATH before long.