Quick update on Litecoin, after getting rejected off of $183 the local high level, the price pulled back down to $121 - $124 on that initial 33% drop and then again creating a lower high at $159.65 and a higher low at $136.38 From here, LTC is hovering in the $136 - $145 accumulation zone and is gearing up to breakout going towards: TP1 🎯 $159.65 TP2 🎯...
Quick update on the BTCUSD, looking at the 4H time frame, it has found a potential support level along $30,838. At the moment it really looks like it is painting a bearish picture, but I believe that even if it dumps it is not going back and touching the previous all time high price. The lowest I see BTC going is about $28,377 - $27,771 level, maybe $25,536...
After breaking the $1373 previous ATH, Ethereum took a dip all the way down to $1111. Even with this dip, it’s still made higher lows which is still a good sign that the pump isn’t over. 1st low $975.99 without a close below 2nd low on $1111 without a close below It’s going to accumulate between $1166 - $1284 before breaking out towards TP1 🎯 $1373 TP2 🎯...
Update from my previous Bitcoin Dominance (BTC.D) post where I called the 70.21% top and the wick of 72.04% before dropping, you can check it out in the related posts. BTC.D didn't see a single candle close on the weekly over 72.04% which is very good in terms of altcoin season coming as it doesn't look like it's going to go any higher. Previously in the fall of...
+Good morning traders to day I want to present to you something I found while looking at the log weekly. +Many know that every 4 years there is a big event in the crypto space called the Bitcoin Halving and if you are looking for more information on the Bitcoin halving I recommend you check out the link in the comment section. +Our most recent halving was in May...
yes I know this isn’t the true all time high this is just the binance high targets. I drew a Fib level from the start of the uptrend at 0.09976 to the swing high at 0.32925 and then the drawdown is the body of the swing low support candle. Moving forward my ADA targets are: TP1 🎯 $0.38850 TP2 🎯 $0.41603 TP3 🎯 $0.45420 TP4 🎯 $0.50282
ETH recently broke out of its ascending triangle and 1st touched $1435 before pulling back to $1284.99 and then had a daily close over $1373. From here i’m expecting a little pullback as makers continue to shakeout longs and retest this trend underneath $1373 until it breaks out to: TP1 🎯 $$1435 TP2 🎯 $1594.89
Looking at the Ethereum / Bitcoin ratio on the weekly timeframe we can see that ETH for the past 4 weeks has been outperforming Bitcoin in a very aggressive bullish pattern for the first time since late 2017, early 2018. ETH/BTC ratio regained the uptrend formed from those dates 3 years ago and looks like the bulls have re-entered the chat. I've been looking at...
ETH hit the $1373 level to a tee and is currently fighting to close over it on the most recent 4-hour candle. From the $788 initial move upwards, ETH has consistently been creating higher lows on top of higher lows. Since the capitulation dump down to $975.99 it didn't see a single candle close underneath that level and regained the $1111 support level very...
Looking at the 4-hour timeframe on Litecoin, we can see that it got rejected off of $183 all the way back down to $124. Quick update from my previous LTC analysis, it looks like it's formed a double bottom on a smaller timeframe and is reversing back up. LTC has already knocked out the $145.63 TP level and turned that resistance into support. The next long...
Looking at the 4-hour timeframe, ETH bounced off the $975.99 weekly level without a candle close below it and has created higher lows. This was a capitulation sell off that pushed the price down 27% and has been slowly gaining since. The $1111 level of resistance turning support was the nail in the coffin of the bullish momentum returning, even though we already...
Just like that, Bitcoin reversed back to basically the previous highs created last week before the dump back down. I can't believe all the short calls called out, absolutely ridiculous. People see the dump on BTC down 30% and think that it's going to continue dumping 40-50% when the real short move is already over. Pretty obvious that there's a double bottom...
+Coins are looking good and very similar across the board. +ADA after being in accumulation since the end of Nov finally broke its resistance during the beginning on January and just sky rocketed from there. +Multiple test on the Monthly resistance $.34 cents but failed to close above this level and also failing to test its weekly resistance of $.36 cents +as...
Bitcoin Cash hit all our TP levels hitting $482, $515, and $630 to a Tee before pulling back all the way down and wicking $404 to a Tee. Who knew you could hit so may tee's without swinging a golf club ahaha Not joking, not only did BCH wick $404 to a tee, but it hit and held this uptrend as well as the $435 weekly level. From here, the dump on BCH is over and we...
Just like the rest of the crypto market, Litecoin suffered a major dump back down to $121 - $124 support range where its holding not only that level but also this uptrend drawn way back that held to a Tee. From here, I really believe that the bottom is in and its only up from here. Notice how nobody was short at $183 (including myself, a little delusional on the...
+What a tragic bleed for LTC and many major pairs we saw over the past 2 days. +Pullbacks like this are actually healthy in many ways tho +Let me quickly explain what caused this pullback first +So markets went absolutely nuts and most coins pumped over 100% in just weeks time. +Lots of noobs saw this and thought that they could jump and hop in the bandwagon...
1-800-FLWS is picking up steam and looks like a buy as we move into the new year and toward Valentine's day. We hit this last year, let's see if we can again! - Easy Loot Price Target Update: Easy Loot is raising our price target for FLWS from $27.5 to $32 which would indicate a 16% increase. Easy Loot believes FLWS will continue to strive using the...
This latest downturn may well be a precursor to ETH blasting through its previous high of $1,420. That is, of course, if news from the New York Attorney General (NYAG) about their investigation into the world’s largest stablecoin, Tether, doesn’t throw any surprises on January 15th. Tether, which has now issued nearly $24 billion USDT coins, is under fire for...