Moonshot
Litecoin: Is a Breakout Imminent?Earlier this year, Litecoin (LTC) was by far, one of the best performers in the crypto space. It yielded +400% returns in the first half of 2019, out performing bitcoin and the market as a whole. Starting in early July, things took a turn for the worse and LTC lost over half its value settling in the $58 range.
Looking at the long term trend of LTC, we can see that volatility is a normal thing. This is mostly due to the highly speculative price of this digital asset. After looking at the long term pattern LTC is forming, its starting to take the shape of a bullish flag, although its still to early to know for sure. LTC is sitting on some solid support with the RSI showing bullish divergence, so keep an eye out for a reversal.
As you can see in this chart, which reflects LTC’s price cycle since 2013, the previous all-time-highs are being used as pivot points for further advancement to the upside.
Bitcoin - Simple Actionable Technical AnalisysThis is a look at what BTC is doing in the 4H (4-hour timeframe) with the benefits of the entry points generated by longer timeframes such as the 3 day and 1 week. As you can see these are very, very dependable trendlines one minor violation of the green trendline and it will be a solid indication that we are going down some more. On the other hand, a violation of the red trendline and that will be an indication that we are testing the ground to see if there are buyers for an up move. We could easily go up to the edge of the red line and if rejected that is also an indication that we could be going down. Those 2 green X's indicate where BTC is likely to go. That is about as low as I am able to see BTC go, after that, I think we are headed north to around 15K. The upper X is at about the 50% FIBO retrace and the lower X is at the 61.8% FIBO retrace of the entire 2019 move and all you need to know is that most alts would have double bottomed at that point, which is why I had you get into NEO and LTC already. There could be a colossal fakeout and you would be left out.
This is the long term chart
THE TREND: Going down.
THE OUTLOOK: Unsafe to buy BTC but safe to enter and buy some alts, BTC will go down some more but it will allow you to get in cheap to good alts.
Be safe and follow me to stay ahead of the curve.
ZEC in oversold territoryZEC versus BTC has been bleeding for several month now... I believe a correction upward is due.
Last time (in January 2018) we dipped very low and bounced hard, and I'm expecting a similar scenario to happen in august.
My stop-loss is below 0.005, but you are on your own here.
Zcash ZEC fantastic opportunity (very soon)Zcash KRAKEN:ZECUSD holders are getting depressed , because this coin has not been performing very well.
Good news is this coin is very solid for many reasons (Do your own research) and this price action is actually very good news for us. Only shitcoins do get rich-quick pump&dump.
Please keep in mind catching the bottom is very risky, because it can actually dip lower than you thought but in the same time if you are too greedy you may miss the bottom.
I've drawn some boxes where I believe price area are good buys. My plan is to set buy orders in these boxes.
This coin can change your whole life, don't miss Zcash for it is a fantastic opportunity for buy&hold.
Bullish Pennant, Symmetrical Triangle or Descending Triangle.New 2019 ATH's are one Donald Trump Tweet away
IN other words, trade wars lead to currency wars lead to real wars!
Time will tell per usual.
Enjin/Bitcoin MyLongTerm Forecast, important lessons for newbiesI'm watching Alt coin/Bitcoin charts from 2013 to 2019, i will tell you most important things what i learned from it.
1- You cant buy the exact bottoms or sell exact tops.
2- You cant buy right before breakouts.
3- Dont start accumulate before all the well known indicators shows you "its right time to buy" for example weekly EMA-MACD-RSI-OBV
4- Never buy all in any Alt coin. buy daily piece by piece
5- You should keep it mind. your belief will be tested.
6- Never keep your Coins on an Exchange more than 4-6 hours. be obsessed about your coin's security and always use cold wallet.
7- Dont wait EMA-MACD-RSI-OBV confirmation for taking profit.
8- Take your Profits when Bullish Momentum starts losing steam. sell hourly piece by piece
9- Dont be obsessed about selling at top, most of the time you will have another shot.
10- Dont buy back or atleast in same week you took your profit.
Best indicator for top :
When you really feel amazing about your gains, refreshing your portfolio every five minutes, you think you are very intelligent person and you cant wait to share what you have done with your loved ones;
"VERY STRONG SELL"
Good Luck
Is Bitcoin about to Die for the 100k time?Naw, but if #BitcoinForPresident doesn't get savage & respect this green upward sloping trendline we will see some serious downward pressure.
Time will tell per usual.
Dont try to catch bottoms.likely we will see another leg down if BTC keep going up parabolic again. then accumilation stage, it will be shorter than most people expected.
best scenario 10x ZEC/BTC : 100x ZEC/USD
1 ZEC : 5000 USD / 1000 ZEC : 5million USD
ZEC will guarantee the financial privacy of you and your familyThe cryptography behind Zcash is extremely advanced and allows total privacy. This coin has the potential to become THE world money, by being
1) A medium of exchange
2) A store of value
Recently, the masterminds behind Zcash -- Electric Coin Company -- announced they will to go all-in on $ZEC. electriccoin.co
It's needless to say I strongly believe in this coin, and I'm hodling it.
For short term trading, I like to keep things simple : I believe MA200 will be support and from now we will go up.
For long term view, and If you believe in the power of electronic P2P cash, definitely take a look at this coin. These current price are really attractive.
Strong supports, excellent risk/reward : long on TESLAWe have several supports here :
- the black trendline became support
- The 50 daily ma
- 0.5 fib retracement
If you believe in TESLA, then long right now. And make sure to set a stop-loss (it's on the chart).
Is #EthereumForPrimeMinister about to go Parabolic?Nom Nom Nom...……
Brush your shoulders off.
H&S negated...…..
XRP Simple Prediction 2019I did my TA based on two pendents that price tested 5 times broke then got re tested on the 6 before having the moon shot.
Massive Ascending Triangle or Bull Flag? New ATH's OR Double TOPIn my previous post i talked about #BitcoinForPresident potentially trading in a Bullish Flag or Ascending Triangle, the bull flag ripped to the downside almost immediately after posting, but the ascending triangle on a larger time frame may play out perfectly.
I've extended the green upward sloping trendline that was once a symmetrical triangle / pennant pattern, and adjusted it downward slightly, and a perfect ascending triangle / bullish flag pattern is noticeable.
Linked to this post is where I mentioned the ascending triangle the other day, now that a few days have passed it's more clear on a larger time frame.
Time will tell per usual.
BITCOIN - BULL MARKET CASEHi everyone
It's a bit too soon to be overly bullish on Bitcoin. We need to break the previous all-time-high in 2017 around $18.5K and that's when the retail interest will ramp-up very fast and we'll assist to a possible multi-years upside (please muh famili :p)
I flagged the investment strategy of this publication as neutral because I'm only talking here about a multi year long term investment and the purpose of this analysis is to show from which price we'll get a X2/X3/.. on Bitcoin with a fair probability
On the short-medium term, I stay persuaded that dollar cost averaging is by far the best solution for most of us, but in case you wondered when the BULL MARKET will start, I think we have a viable answer here.
History tends to repeats itself with crypto assets
I'm using logarithm bollinger bands applied on a logarithmic scaled chart for this analysis
Credit to fskrypt for this indicator
Enjoy
Dave
Bull Flag or Ascending Triangle..It appears as though #Bitcoin may be trading in a bullish flag patter or ascending triangle .
Time will tell per usual.
EASY buy on XRP!This is such an obvious buy spot....MAYBE too obvious....Price refuses to close below the 61.8% retrace form the earlier breakout in May. The base on the longer time frames is solid, with a very promising falling wedge breakout (see monthly chart). We've overcome weekly resistance at the 50 and are consolidating near the earlier breakout point. If we fail here, we visit the daily 200ma, but if XRP runs, we're talking 200% returns possible. A close below $0.36 on the daily chart and I'll re-evaluate, but currently, I'm VERY long here.
Ascending Triangle or Descending Triangle.If you zoom in on this chart to a 5 day time frame or less the pattern is much clearer.
In my link to this post you'll notice Bitcoin is also trading in a ascending triangle that was broken flush to the downside not long after I posted it taunting JP Morgan by saying, Bitcoin has provided greater returns since 2015 than owning JP Morgan's stock since 1969, or technically forever, even after falling from 2017 ATH's. ;)
Time will tell per usual.
Eureka Moment: BTC Weekly Candles Headed for launch!I took a look at the weekly BTC chart with the Fib retracement levels, and I saw something quite remarkable.
Since the ATH in 2017, the Weekly candles have NEVER been able to CLOSE above the 0.5 Fib level. It has tried 8 times over the past 18 months to close higher than the Fib 0.5 level, and failed each time. Even last week's meteoric rise to almost 14k, ended in failure for the weekly candle to close above this 0.5 level. The 0.5 Fib level is a huge wall of resistance.
If you have a long position, you may want to consider that although the weekly candle can go higher than 0.5 ($11,518) like it did last week, there is a high probability it can close lower.
On a brighter note. If a weekly candle CLOSES higher than 0.5, then we may have a meteoric rise. Take a look at Nov 27, 2017 when the weekly candle failed to close above the 0.5, The following 2 weeks closed above 0.5 with a 75% gain in just 2 weeks! Gains like that would make your local banker cry.
It seems like the 0.5 acts as a chain that holds back the weekly candle from closing higher. But when the 0.5 chain does break, the price goes shooting higher like a runaway rocket. It could happen this week, or 3 weeks from now. We can't know until it happens. But when it does happen, be ready for launch and don't expect a pull back when it does breaks through the 0.5 level. So make sure you are on board.
I think the 0.5 level may be a staging area where the elite (Wall Street) rev up the BTC engine prior to lift off. We could bounce around here for a few weeks before it launches. This Fib level can also be where they cancel the launch altogether if they are not ready to profit from the rise. If I'm right, then this explains why we had the major correction last week that pulled the price back under the 0.5 level. They aborted the launch. They still need a little more time to prepare for lift off. So don't think of last week's drop as a bull trend coming to an end. Think of it as a scheduled lift off being canceled. BTC will launch. After seeing this chart, I'm sure of it. It just wasn't last week's time for BTC to launch so they canceled it and have rescheduled the launch. As long as the weekly candle doesn't close below the Fib 0.618 level (next level down), we are going to launch. T-Minus 'x' and counting.
We are definitely in for interesting times in July/August.
(This is not investment advice. Please do your own due diligence when buying or selling cryptos.)
BTCUSD - Bitcoin under $8k, here is why!!!I couldn´t belief to see this. Everybody is asking where the correction of bitcoin will end. Here are my thoughts:
Requirement: We will not break the high from June 26th.
Bitcoin likes the 61,8% level to retrace movements. Additionally bitcoin closed past future gaps every time. In my opinion it is possible that we see a consolidation with low points in the area of $7k.
I don´t think bitcoin will die or go even more lower. The max downmove i would expect would end in the area if $5.7k.
I will buy lower price with cost average starting under $10k step by step.
Please leave a like or a comment!
CALL ME CRAZY: BITCOIN COULD HIT $30,000 IN 2 YEARS.In this screencast I make out the argument for Bitcoin getting to $30,000 USD in 2 years. This is not a prediction. My speculative projection is based on geopolitical, macroeconomic issues and market psychology. No fundamentals involved.
Have a listen. If you have alternative ideas do share by commenting or PM. Let's share and learn together.
DISCLAIMER : This educational post is speculative. Opinions expressed here are not intended as 'advice' even if so construed. DYOR! Your decisions in the markets are your own. If you make decisions based on this post and you lose money, you are totally responsible for your losses .
