lightknight

lightknight Updated 

Every birth has a birth pain and wicking down to or below 39-40k price area would be healthy and assist a reversal narrative to 100k and possibly above News: Kazakhstan Internet Blackout Hits Bitcoin (BTC) Mining and Kosovo banning crypto mining (yeah...good luck with that XD) Technicals: Super Trend on the daily is bearish and a wick down to 39-40k area ...

lightknight

Keeping this one short and sweet. Technicals: Supertrend indicator on the monthly shows that overall trend is positive and that support is building (similar to 2017 trend). Vortex indicator is still green, so bullish trend reversal still in play on the monthly (similar to 2017). Long term descending wedges on the LTCBTC ratio signalling strong reversal...

lightknight

TL;DR: So many fundamentals, recent news and technicals going for Litecoin. Long term bullish, getting close to breakout, dependent of Bitcoin. Technicals: Monthly BBands Tightening Weekly RSI and MACD on the displays bullish divergence Monthly MACD about to cross fitted BBands Ratio has broken out of Long term and mid term descending wedges and is...

lightknight

Technicals: Weekly EMAs are crossing and momentum is shifting towards the bulls Monthly BBands are squeezed tight and significant accumulation has taken place over the past couple of months and the BBands are ready to expand for a parabolic move Descending wedge repeating fractal pattern Inverse H&S pattern formed on the daily period (same at the start of...

lightknight Updated 

iExec RLC / Ethereum Technicals Bullish Divergence on MACD Daily Reversal on Stoch RSI Weekly Reverse Symmetrical Triangle Pattern 5 waves compose the reverse symmetrical triangle (A-B-C-D-E). Each of the A-B-C-D-E waves is composed of three sub-waves, so it has a 3-3-3-3-3 configuration Break of the down trend line on USD and BTC charts ...

lightknight Updated 

A great project with strong fundamentals and the potential to provide decent BTC ratio gains during the start of the altcoin cycle Fundamentals: Promising project with a technically knowledgable team, decentralized Oracles (look at what happened in price action compared to LINK), Cloud Computing for graphic 3d rendering and AI (machine learning models),...

lightknight Updated 

The LTC/BTC ratio has the potential to move in a similar crazy parabolic fashion as has been seen for DOGE/BTC. Its non-serious nature and reputation as a meme within the crypto community together with a social network effect from the likes of popular figures in the tech sector have made Dogecoin a popular choice among new traders using brokers such as...

lightknight

Technicals: 87 Weekly BBands have opened and the price is continuing on its parabolic movement with upper BBand trailing below as support If the 2017 fractal is in play, then drawing a fib extension from Oct'20 provides a glimpse into what prices could potentially reach into May 2021 Previously, the price extended to the 3.0 and 3.272 fib levels back in...

lightknight Updated 

Technicals: - 80 week Bollinger Bands begin to open and point towards a potential violent upswing in the future (4-12 weeks) - Monthly RSI on weekly timeframe shows oversold Fundamentals: - A lot of fintech and remittance startups and stable coins are being created with lumens tech - Protocol 15 release

lightknight Updated 

Overall ETH has been performing better than LTC for a very long period. A longer period of data has been used in this chart than previous ones. The ratio is expected to continue to go lower for the short term until +- beginning of Q2 i.e. ETH performance will be better than LTC, however, we are quickly approaching a 6-year long term support zone of LTC/ETH. ...

lightknight Updated 

Ripple Long-term Ripple's initial pre-trial conference with Judge Analisa Torres is scheduled for February 22nd, 2021. Interesting to see whether the price will dip or rise after the initial court case. However, easy for Ripple to come to a settlement. Technicals: Bullish divergence on weekly MACD Price hit Gann Line Resistance EMA Cross on Weekly ...

lightknight

An interesting take on the Siacoin SC/BTC ratio and fractals: Siacoin is fundamentally a good project with a talented dev team and one of the few coins I like with a use case other than a currency (decentralized cloud storage). Technicals Yearly BBands on the daily have tightened to the point that volatility on long time frame is low. BBands opening...

lightknight Updated 

Technicals Scale - logarithmic RSI - oversold on the weekly and monthly MACD - monthly shows bullish trend reversal Pattern - Symmetrical triangle continuation pattern is being repeated and is dependent on the previous trend, which can be seen in this case to be bullish. Expect the trend to oscillate within triangle sideways until the breakout. Short to...

lightknight Updated 

LTCETH Expected to Reverse and Outperform Ethereum Price has been trading in a downward channel for the past months and is approaching the long term support where price has rebounded before multiple times Technicals: MACD on the daily is bearish, so may need a few days to reverse but weekly and monthly histograms are about to turn green (weekly) or reverse...

lightknight

Thought that this may be an interesting chart to draw as I expect both altcoins to make substantial gains in terms of BTC ratio. The key take-home over here is that during every altcoin cycle, XRPBTC has always increased in ratio to BTC before LTC. A long-term strategy is to use XRP as an indicator of when LTCBTC will increase, as LTC has always lagged behind...

lightknight

Technicals LTCBTC is in a long term buy channel where volume seems to be drying up (at least on this exchange) Pattern wise we might also be forming a long-term descending bullish wedge RSI on weekly and monthly shows oversold Risk to reward ratio is relatively low If price drops in the short to mid-term (the scenario I expect) then buy orders could...

lightknight

Note: Amateur/rookie opinion. A new token, difficult to analyze with currently limited data. A strong project using a utility token in the grocery industry Fundamentals: -A unique project with no competitors in the current space headed by Peter Fedchenkov -Meant to disrupt manufacture-to-retailer/wholesaler supply chain space with the aim of lowering everyday...

lightknight

Note: Amateur/rookie opinion. Great project with long-term hold potential (most crypto start-ups 80% will go full bust after some point when the market becomes more mature). Fundamentals: -Strong professional team headed by Michael Hayner, networking effect from contact with virgin and sponsored sporting events -Realistic proof of purchase (5% PoPP to sender...