ATH
Behold Litecoin, the great oscillatorWhat you see here is not financial advice!
Here is a very rough macro analysis of Litecoin against historical price/indicator movements. Sadly, unlike most other major cryptos, Litecoin has not broken its 2017 ATH. Some could see that as an opportunity however. I just thought I'd share this interesting similarity I picked up on while examining the MACD in the months prior to the 2017 ATH. I matched that with the "1" and "2" on the chart then vs now according to my interpretation of what could be around the corner.
Notably, in relation to the broad upward channel I've drawn (I drew this almost ages ago now) this MACD action is happening around the same place in the channel, very close to the midline. Lots of room to go up IMO if the past is any indicator.
All along the way up, the 10W EMA (blue) acted as pretty good support until it finally gave way in May 2018 for almost a year, in addition to other EMAs turning into resistance. Similarly, Litecoin is finding support above the 10W EMA again. Currently that's at ~$150, so we can't leave out the possibility that that level gets tested again in the near future before it tries to attempt new highs. We can see the same gaps forming between the 10W, 21W, and 200W EMAs as Litecoin pushes higher.
KSM: utility and governance goldKUSAMA
KSM, the official test net of Polkadot is one of the most fundamentally strong projects in crypto. (research why yourself)
With the launch of their parachains and full testnet we basically see a roll out of Polkadot v1.0 with numerous clients and partners.
Although it is a testnet; it does offer the full Polkadot feature set and is the first one to launch innovations...
LONG TERM
The governance / utility token KSM is an amazing scarce asset with great token economics (most of them released) and is still undervalued in marketcap.
By the end of the year I expect Kusama to be between a 15 and 20bn marketcap, but even more is possible depending on adoption.
Long term KSM tokens will be like governance gold and I expect Polkadot and Kusama to play a major role in Web 3.0, Defi and intra-chain connectivity.
I definitely see KSM and DOT both respectively push projects like ADA, THETA , DOGE, BCH, LUNA and LTC from the top spots.
TOKEN ECONOMICS
Market Cap: $4,155,693,549
24 Hour Trading Vol: $548,112,535
24h Low / 24h High: $413.74 / $501.87
Circulating Supply: 8,980,098 / 10,000,000
Fully Diluted Valuation: $4,627,670,561
Max Supply: 10,000,000
MID / SHORT TERM
In the mid / short term we can see more growth for KSM and I see Kusama outperfom BTC, ETH and other major alts for the next 4 to 6 weeks - with a price target of 600$ (+30%) in that same time.
#BITCOIN Still Looking great! Is 68k the new ATH soon? #BTC A little later than planned in my last #BTC chart but still possible new all time high.
- I can see a clear trend
- Important Fib. level almost reached @ +/- 57.5k
- Also a clear flag pattern that is almost broken
What do you think or see? Please let me know in a comment, would love to see this shared or just push that like button if you agree.
I would appreciate any feedback or a follow.
"Advise"
- Try to open your entry if the price will show it according to your OWN strategy.
- Don't forget your SL
- It's also important to keep an eye on #BTC at the moment
*Remember: This is just an Idea, no financial advise!
If you're not in cryptos for long term you're probably going to lose almost all of the money invested. Respect the market or the market will rekt you
🚀🪙 -Be fearful when others are greedy, be greedy when others are fearful.
✅ Thanks for reading
#BTC #Bitcoin #Chart
bitcoin to 70-75k(sorry for my english french guy ) for what i can see bitcoin is stuck in a ascending channel since january 2021! after we had a nice falling wedge break out in the 45k area! a new all time high was made 62k! a rejection close to are top resistance trend line of the channel bring us to around 50k ! For now i see bitcoin forming a bull flag and respecting it as well ! Nice bounce on the 50 daily ema who was acting also in support in the past , a bounce on the support bull flag trend lend and a bullish engulfing on the 0.382 fib level !! a nice break out of the 57-58k zone can bring us to are next fib level (1.618)who is also the top resistance of the ascending channel !
We have a SOLID break out!We are back into the BULL CHANNEL and are testing higher. If we can break the descending triangle we have been in since MARCH 13th we WILL be on our way to new ATH VERY SOON!!! WATCH THE 57800 ZONE!! IF WE BREAK OUT WE ARE LOOKING AT A MEASURE MOVE AT LEAST UP TO 63.5-64k where we will test another break out! GET READY!!
NEO ATH TestGood day Traders. Neo the hidden gem with a diamond bottom will test ATH within the next month or so, Its busy gearing up for a big move. Not financial advice, just my thoughts right now. Please leave a like if you agree. Or let me have your thoughts below. Cheers for now.