house_md74

house_md74 Updated 

Trust Wallet TWT presented a bullish "Bartley" with a second low at the 88% retrace, broke out of the supply line, made a third higher low where it back-tested the breakout. Judging by the volume its a fight between the bulls and bears. But if the hidden bullish divergence is right on the MACD, the bulls will win. My targets are $1.42, $1.65, and $1.75.

house_md74 Updated 

I was responding to a question where someone asked my opinion about this stock. So, here's my thoughts - If it can maintain $68-69 as support (and the market doesn't tank LOL), this might be a great buy. Why? On the daily chart a bullish harmonic presented along with a subsequent descending wedge. It just bounced off the $69 iceline, as it did last month and Dec...

house_md74

XRP is looking great! Aside from the larger bullish harmonic on the larger time frame, I found a bullish cypher. Plus there is hidden bullish divergence on the MACD. Short term target is $1.35 -$1.42. Longer term target is $1.77-$1.97. This all rests on whether or not the price can break resistance at B. If not, maybe after a confirmation low equivalent to or...

house_md74 Updated 

A bullish Navarro200 harmonic is presented and a deep retracement to the first higher low. Then, another higher low with another deep retracement (after what looks like a possible bullish deep crab on the 4hr) leading to the next higher low. An entry could have been made on the 2nd low, but there is plenty of upside still if it can get above $2.57ish where there...

house_md74

Litecoin is definitely becoming a relevant crypto. According to the trend, like other cryptos, it has been oversold quite a bit recently and gets corrected, much like BTC and ETH. Juxtaposing DXY and GOLD definitely helps to understand the inverse relationship with GOLD and LTC vs the USD. In quite a few cases, the USD rising in value leads downward trends in...

house_md74

I see these ridiculous theories every day in the chat about how Bitcoin is going down to $20K or some such ridiculous low number. If you just look at the BASIC trend, how could you ever come to that conclusion unless you're riding the short bus (no pun intended)? You'd be FIRED if you were a weather forecaster, thats for SURE!

house_md74

I see this constant infestation of die-hard XRP traders in the chat, as if it matters any more. Do you not realize that unless you're outside the USA (and perhaps even if you are), you're likely fighting a losing battle??? Have you LOOKED at the charts AT ALL??? Are there not a million other alts you could invest your hard-earned time and money into that are...

house_md74

As of the time of this writing, LTC is up 5.39% since 00Z (12AM UTC or GMT), outperforming all of the other cryptos including BTC and ETH. That being said, it IS a sympathetic mover with BTC as is ETH. BTC hit yet another ATH, and the other leading cryptos followed suit. Either way, there was an obvious bull flag just waiting to break out in the time frame shown....

house_md74

Its a long and agonizing consolidation that seems to be taking place in at least 4 of the cryptos that sympathize with BTC. No obvious entry at this point. Will be curious to see how the market reacts due to the highs over the last few days when the stock market opens in a few hours.