CryptoLuxury7

CryptoLuxury7 Updated 

I think BTC may continue in this downard channel until it bounces off the strong support at ~13500 and then reverse with an uptrend going higher than the previous wave (17,100). One thing to keep your eye on is that many exchanges are not allowing new accounts to be set up. Once the exchanges do open up there may be a sudden bull run.

CryptoLuxury7

Very nice uptrend channel forming on BTC. I expect it to bounce at 16,500 where it has bounced previously and then hit the bottom of the trend line. From there I expect it to get squeezed upward and bust through the resistance. Should be a good coming week for BTC. I will be jumping back and forth between Alts and BTC.

CryptoLuxury7

I think BTC has successfully bounced off a strong support and has broken out of the triangle. It looks like BTC is about to test the 15500 resistance level again. I expect it to break it this time and continue its uptrend. I have taken profits on a majority of my Alts at the moment and have moved profits back into BTC. Good luck!

CryptoLuxury7 Updated 

Time for a trend reversal.

CryptoLuxury7 Updated 

I posted a chart earlier this morning that had a channel that I believed BTC to be in. It dipped out of that channel and touched a support line and start moving back up. After looking again, I may have been off on my channel and assumed the channel was much tighter. As always I am always open to thoughts and opinions/advice.

CryptoLuxury7

I expect it to get squeezed a little bit more and then break out for another run up.

CryptoLuxury7 Updated 

I believe BTC is going to continue in this upward channel. Keep an eye on the volume as it has been lacking. There are a few levels of support not to far below our current position if we do break below support. History likes to repeat itself so watch for a dip around New Years and then a big run afterwards. Set a stop loss to keep your profits safe.

CryptoLuxury7

Should have published this last night when I bought in but STRAT has a confirmed Trend Reversal. Bottomed out on the old support line which is very strong. Testing an old support now. I expect a dip and then to shoot back up to around 130K Sats. Keep an eye on BTC over the next few days as it can have a direct impact and I also expect it to make a move before the 24th.

CryptoLuxury7 Updated 

If TENX can get some volume then there may be a possible trend reversal that would turn the bearish pennant into a buy opportunity. I would watch it very closely if you gamble on the pennant. Make sure to set a stop loss. Good Luck!

CryptoLuxury7 Updated 

XRP is in an ugly downtrend currently (but great buy opportunity). The P&D's did not help it hold its value while BTC went on its run. It does look like there will be an opportunity for a trend reversal coming up. Hopefully that will then be the start of another long uptrend. Good luck!

CryptoLuxury7 Updated 

LISK is about to test a long term support line. I expect it to begin a trend reversal and start a nice up movement. I'll be buying some more, setting a stop loss, and buckling up.

CryptoLuxury7 Updated 

Neo coming to a wedge/Support line while riding the downtrend. There are two support lines coming up quickly. The first support line does not look to be very strong at this moment but can quickly change with NEO. Keep an eye to see if it breaks out of the downtrend or breaks through the support to the next support level. I think NEO is ready to make another...

CryptoLuxury7 Updated 

Looks like a good time to buy VTC as it comes to a nice point. Volume looks good! Sitting at a strong support area so I expect it to go up. Always set a stop loss just in case things go south. Volume looks good! Good luck!

CryptoLuxury7 Updated 

Adex long Support lines. May see a reversal from the Long downtrend.

CryptoLuxury7

Starting to form a nice triangle. Keep a close eye on the volume as it comes near the end of the point. Also do not be surprised if it breaks through the current support line it's riding within the triangle. It looks to be pretty weak.