MTL Price Recovery?Looking at the past several month's decline in MTL prices coupled with the recent increase in trading volume and value, it seems possible a price recovery may be taking place.
In the graph, the plotted lines show what a complimentary incline for the past several months of decline could look like.
BOOM
LTC King is back :) Hi Trading View Family!
I made the bulk of my following and profits trading LTC exclusively. Looking forward to sharing the wealth and releasing more trade analysis + signals. While a lot of guys on TV share their knowledge bombs, few share buy and sell targets. I have consistently done that and have proven my ability to make $$$ (: I do not release TA's unless i have active money in it.
Here is a trade I shared with my group on Saturday:
#LTC is consolidating at the moment. This is great news and the next pump north will be
targets 1: $230
targets 2: $250
targets 3: $280
You can place buys around $200-210 (consolidation range)
Support Bottom: $190s
Bearish Trend: $175-165
TIME FRAME: Two Weeks
There is a bull Pennant forming and it is highly dependent on how BTC reacts. Everything moves together and BTC is looking for a break out either today or tomorrow. You can follow the analysis here:
That being said LTC is hitting the bottom of the new uptrend channel. I drew these lines about a week or two ago and it is forming perfectly. If the RSI turns south we can load up at $190 which is a safe spot to buy and trade north to $210-220 which is the consistent consolidation movement. If we want to buy the breakout of the pennant you can follow the trade strategy above. Set up your PLAN A, B and C!
LTC is easily hitting $500 this year. LTC is still trading 400% Above the previous September correection and 7000% above Q1/Q2 of 2017 price action.
You can check my LTC TA here. I drew the chart out on Jan 27th and shared it privately with my group. The trade acted perfectly for 1 full month with 0 updates :P
Tron BOOM or BUST? I think BOOM :) Hi TradingView Family :)
Been quiet here since the market has been slow, which is a saving grace and allows me to focus on my personal life + business ventures. Here is my TA for TRX. NOTE: I am on a 1-2 months hold for this coin and I expect it to be my biggest payout in crypto yet.
We finally hit the middle point of the cup & handle that I see forming. We should see a more positive price action in the coming weeks to form the right hand side of the cup. My expectation to sell and profit off of this coin is in March. This will be my longest HODL to date. In the past I do not hold coins for more than a week. Since the market is quite and personal life has caught up to me, I am setting up my long-term positions for TRX.
#TRX has had some solid developments for the month of Jan. While their price action has not cleanly reflected its growth as a project, time will soon tell.
Currently the TRX team is recruiting and hiring key developers in the crypto space. Recent additions are from Alibaba, top tier financial institutions, and security developers. With a current team of 80 and goal of 100 by end of the year. They have also applied to open a San Francisco office which will be a big move to expanding into the USA markets and connecting with key start-up companies who would use and build off of the TRX ecosystem.
Current Partnerships:
Partnerships with Obike, Game.com, Baofeng, and an Aerospace company soon to be herald at the end of Jan. With more in the pipeline.
Things to look forward to:
Coinburn in March which will increase our holdings by a minimum of 20% ROI and with a massive influx of traders looking to profit off of the FOMO we should easily see a target of previous ATH @ 2000 satoshis.
Again a keynote. This is a 20-year long project. Yes, the whitepaper has had issues and the coin has undergone some FUD. All coins have, observe BTC, BCH, ETH, Tether (all had FUD) yet all continue to maintain a net positive price action + utilization growth from a year ago. We are still in the first inning of this coin + crypto as a whole so the overall view is positive. Even if people claim this is a shit-coin, its cheap price action will be a huge attraction to whales looking to pump markets.
As I have stated in the past with my Telegram group, Chinese companies love a great head start with a huge initial rise, a lul, then another massive growth increase.
NEO has had the very same exact price action stong ICO start and increase in price a huge drop and lul for 2-3 months and now to its most recent ATH in Jan. You can review my older NEO TA and be on the Look out for my upcoming NEO TA it has a short-term analysis + Long-term price expectations.
If we are looking for a more "real" world example, Alibaba Stock went from $120 (from IPO date) down to $45-50 range only to hit ATH in the $200's.
With Chinese companies all having similar price action, I can expect TRX to continue to move towards a possible growth.
Good luck with your trades & feel free to message me if you have any questions. If i don't happen to respond to you feel free to msg me again. I receive about 40-80 msgs per TA so it gets lost sometimes.
VERI VERI VERICOIN FOR VERI PATIENT PEOPLEWaited a moment like that since months. no better since ever.
There is a so long triangle to break. And a smaller one too. A triangle in a triangle...
I don't know what is the target. I don't care. I go blind in this trade.
I already feel me like Scrooge McDuck swimming in a pool of Vericoin.
ADA/BTC flat base again. up for another run?ADA is having the same flat base that it had before. Might go up for another run!!
Dont forget:
This is only my opinion, make of it what you wish.
it's not advice or recommedation to buy or sell anything! Its only meant as a informative or entertainment purposes only.
Litecoin's $500 DecemberI have already stated LTC will hit $500 in December:
Also stated we are getting close to a major correction:
I feel as if we will hit the final wave and move upward before we start seeing a correction back towards $300 range. From there we can probably resume a normal 45 degree trajectory of growth We are at the cusp of a breakout and it will be exciting times for everyone involved. The recent corrections we have seen, when LTC first hit $100 and dropped to $78 and now, LTC hit $420 down to $250, are minor ones. We can expect one final big break and then we can resume a normal growth trend. Not calling a TOP because with crypto there isn't one. Its pure fomo and emotions.
Everytime we see a massive dip we see it being eaten alive and a fast and quick recovery. I can expect the same with the huge influx of investors and newbs in the market. I get phone calls on the daily in regards to crypto and it has getting to become a headache :P haha. Regardless more money to be made. Simple TA here, nothing fancy. Expect $400-550 soon, minor/major pull back depending on the market. Then we can go from there. I can expect bonuses and tax refunds pumping into crypto. We are still at infancy and LTC will go to $1000 Q1-Q2 2018.
Going to be fun times. Go ahead and accumalate in the mid to low $200s. Strong support at $300 on GDAX so you can intiate small position from there. We can expect movement in the next couple days. Historically, most of my TA's are effective 1-2 days prior :P
Bearish cypher pattern on the daily EUThis cypher pattern is right on the sweet spot to enter! I have been following this cypher pattern from the B-C leg and I banked some pips from it then, now its time to take the cream from the top! 1-1 risk reward with positive carry fees.... What's more to love?
NXT at undervalue period, I could boom anytime if you thinks about safe investment NXT will b the best choice its on Bottom, and in past we have a great history. in my opinion it's going to BOOM soon
Tp1 = 0.000032
TP2 = 0.000042
( DXY POTENTIAL CRASH ) US Dollar Currency Index Chart Analysis For some time now the dollar has been crashing. Now, if you look at the TVC:DXY on your monthly chart from the 20th century to the 21st century. Price has shown clear signs its been in a downtrend channel for long time now. since recently around 2016 price finally tapped the channel once again, and now i believe price is looking to hit 80$ or even lower since my consolidation area has been broken.
ADDED INFO FOR NOVICE/CURIOUS TRADERS
I do not trade the DXY solely i just happen to use it as an indicator for the USD pairs that i trade. The movement on the DXY can have significant effects on currency pairs.
THE TRADE OF THE DECADE: BTC 3 DRIVES TOP SHORT, ALTS LONGThey will call it the trade of the decade. MILLIONAIRES and BILLIONAIRES will be born everywhere. The market will spiral with so much exponential growth that Bitcoin's first leg up will look like chump change. Do you want to participate in possibly one of the biggest trades in your lifetime? Well guess what, I do, and I am going to give you all the proof you need to feel confident in this. This is going to be a long read. It will be worth your time. Trust me, you will love it.
About a little over a month ago when I was a trading noob I stumbled upon this idea..
It is a beautiful chart and I thank ZarNegar for creating the idea. He, along with others, will be people you need to thank with a personal message once you see what I see. After I saw the chart, the idea never left my mind. I have always been looking for cup and handle fractals, bull flags, bear flags, three drives, etc. The patterns are stuck in my head and they will never leave. I am telling you right now, BITCOIN IS A CUP AND HANDLE. Don't believe me? Well let's take a look at the THREE DRIVES PATTERN it is currently playing around in. Rather than posting my own BTC C&H idea, I will post LewisGlasgow's. He is the second big shoutout I have to give.
Connecting the dots yet? Simply put, ZarNegar's idea has the handle of the cup a little bit too far ahead. No worries. I have found a more accurate prediction. LewisGlasgow's three drives pattern gave me the idea that, hey, maybe the handle will form after the three drives completes. Guess what. My idea was right. The three drives pattern completes perfectly nearly 100% of the time I would say. LewisGlasgow believes based simply on technicals, the pattern will complete, as do I. That means the retrace after 3rd Drive top will be the handle of the C&H on the weekly. Still don't believe me? Let's analyze the GODMODE indicator.
* Just a correction: The BTCUSDT (BITSTAMP) chart above is actually BTCUSD (BITSTAMP). I forgot to fix that and have since deleted those charts. *
See a pattern yet? I certainly do. Godmode is "overbought." What goes up must come down guys. I cannot thank xSilas enough for his creation. I would not have been able to confirm this idea without Godmode. I highly recommend the indicator. If you are interested in learning about the Godmode indicator, ProwdClown wrote a great tutorial idea. Make sure you make the correct tweaks. Shoutout to him as well. I would not have learned how to use Godmode so quickly if it were not for him. Here is the link to the idea: bit.ly
When it comes to technical analysis, that is pretty much it. Lets talk about some fundamentals. I strongly believe we are at the start of a technological revolution that will last for decades. Blockchain is an infant. Bitcoin is an infant. Alt coins are practically still in the womb... Computers are infants, smartphones are infants, virtual reality is still in the womb... Another good comparison involves the trading exchanges: Coinbase, Bitfinex, Bitstamp, Kraken, etc. are all infants. They are the equivalence of all the big stock exchanges that exist today, like NSADAQ, NYSE, etc...
EURAUD A Good Short Opportunity....Hello Traders.... EURAUD is struggling to break the blue Resistance Zone and now a Huge Pin bar is Formed I was thinking to short it from last week but I think it's good to Short this Pair. Watch a breakout and a Bearish Candle to close below the Black Trendline.
#TRADEATYOUROWNRISK
#TRADEWITHCARE
FCT/XMR-comparison-with-BTC/CNY-1day-chartAs this is my first chart i want to map the correlation between FCT and XMR's hype with the chinese BTC spot market at OKCoin.
As you can see the DNM market announcements gave XMR a very huge boom, the retracement isn't done yet - regardless to BTCs price we will have a decrease, with some smaller spikes.
In the same time FCT made nearly similar moves, in the beginning more aggressive but then we saw full retracements - especially in the timeframe from June-July related to BTCs moves - but always a bit later on.
As we are now in BTC sideways (19.9.2016) and probably have another correction till mid or end October, I assume FCT to achieve it's ATH from March 2016 again.
When will it happen? As XMRs correction passes FCTs uptrend - around the 500-600% scale we will have a very good opportunity to get to ATH.
FCTs forecast? Depends mainly on BTCs trend. It could form a cup and handle formation, but yet it's too early to say and pure speculation. Will update the chart at least every month.
Put the fun back into banking!
Yours coinwide
Dow Jones Industrial Avg Held in Neutral Consolidated Position BREAKOUTS & RUN
As we look over market history in the U.S. and other equity markets, we see long standing fits and starts.
Ranges in these starts are extremely bullish, seeing breakouts of more than 2000% over 25 year periods. After breakouts markets always and eventually consolidate before they turn there next break.
Post 1930's Great Depression U.S. market grew by 2405% before consolidating in the late 1950's for 23 years into the early 1980's.
Top end resistance area is 1,000, which was tested many times over in the 60 all the way through 70's and eventually breaking out in 1983.
The 80's brought us the computer age, which lead us down the path of internet and micronization along with digitalization into 21st century. Markets priced in our new found improvements resulting in a 2104% market movement 1983-2000.
CONSOLIDATION
Our current equity status is consolidation.
From previous market history, we can see these periods can last a quarter century or slightly longer.
I'm expecting at least another 5 to 15 years of consolidation with a pinnacle trough, which we've already seen (2007-09), to reach 65%. Our top end resistance area is 17,500, which was met already in early 2015 and will most likely be tested once or twice more.
Predicted Breakout won't occur until 2020 or much later, 2030. Given the magnitude of the deep consolidated trough (2007-09), I would assume sooner rather than later.