JZBrown96

JZBrown96 Updated 

I never posted this but I've had this charted for almost a month now and I had to put it up in case it keeps goin' this nice. I'm no guru and can't guess how far an uptrend will go but based on the history (I knowww I knowww it's not indicative of anything whatever) we might have a ways to go before topping out. We do the same things if you look at the macro...

JZBrown96 Updated 

I can see one more push to 10.5k before coming back to 9.5k. We've been testing and gaining levels all month, there has to be some local draw back at some point but I don't think that's until we test 10.5k and get rejected there again like in October 2019. Maybe after that get a local downtrend to ~8k before making a macro higher low and continuing up from...

JZBrown96 Updated 

Looks like we are lulling at $75.30ish, I could see a small correction here after it kept going up and everyone thinking it wasn't. Now people think it might keep going up and I think it's going to go down for a normal correction and maybe some influence from whales accumulating fat stax. We'll probably test $62-63, but I wouldn't be surprised if it holds up...

JZBrown96

We dropped to $67 which in a previous post I said wouldn't be surprising to hold up instead of the $62 level. This is a good sign because it means if we fall from here, we should still have heavy support at the $62-63 level. If we hold at least the $62-63 level, I believe the next target will be $95-100, maybe a little over since it'll likely be exaggerated from...

JZBrown96 Updated 

I can't help but keep thinking we are in a megaaaa accumulation phase between $6500 and $7600. This is my take on the market as a whole, and it looks like something's gonna have to happen soon... From me saying this we'll probably break down so set ur orders at 3k (jk)

JZBrown96 Updated 

Honestly another year long bear market wouldn't surprise me; people still seem too hopeful. Maybe I'm just being a debbie downer, though If BTC breaks out of the new downtrend that has formed, and it stays on one of the uptrend lines, this will be a strong indicator to me that we were just in a short accumulation period and might see some consistent uptrend. If...

JZBrown96 Updated 

I like looking at longer time frames and this is the log chart so idk. I wish trading view went further back in bitcoin's price history so I'm gonna go find a chart that has the full info, but this is from $200 to $20000, not like that means anything tho. I've never been so bullish and bearish at the same time Lizard brain can't decide

JZBrown96

I think this is some elliott wave stuff but I don't really know, I'm in the early stages of learning this trading game. I just have a feeling that we are in that phase of ltcs cycle and based on sentiments/posts on media

JZBrown96 Updated 

LTC has had some momentum lately, but it does look like there's a potential downward channel forming. I'm feeling cautious at this point because we failed to gain the ~$61 level. My prediction is we will continue in this downward channel before relying on longer term uptrends to break the downtrend. Short and sweet. Need to start being able to interpret all...

JZBrown96

Too soon to tell, but I had this charted a few days ago and saw a few hypotheticals playing out. We could've dumped and then rebounded a little to then go sideways, or continue the uptrend. Looks like we might be continuing upward. The sentiment all seems to be that BTC has topped out and is gonna dump, which it might, but I think we have a few pushes left - at...

JZBrown96 Updated 

Looking at the past month of uptrend, we've seen big resistance lines broken and retested. It's usually safest to make a decision off the first touch of a known resistance level. For example, the red circles indicate the initial outbreak of historic levels, and then a short time later, BTC will come back to that level, indicated by the green circles. The next...

JZBrown96

I charted this green trend line a few days ago just for shits and giggles and tickle my balls it actually held up again. BTC also still gaining levels and we had a higher low, now we just wait and see if we get a higher high. I think if bitty holds the 8300-8500 level, especialllyyyyy 8.5k, we're gonna get up to 9-10k pretty quickly Not financial advice as...

JZBrown96

BTC looks like it's gaining levels nicely and it broke out of a 6 month downtrend which is hugeeeee. There has been a quite large price increase though, I wouldn't be surprised if it settles down after a small correction, or if it goes nuts and smashes 9k. My instinct is telling me this is all too good to be true to sustain and we're about to get rekt by the...

JZBrown96 Updated 

BTC has been in a nasty downtrend for the last 6 months or so, granted we did only fall ~60%. If we go sideways for the next 3 weeks or month, could be a good buy signal. At the same time, I wouldn't be surprised to see another break down. Until we move above that downward channel confidently, I'm sitting on the sidelines. Let's see where we're at in 1-2 weeks...

JZBrown96

After being in a descending channel/wedge for the past 6 months, it looks like an upward channel may be forming. If the bottom trend line holds another time, this could be stronger indication of an upward channel. Not to mention the LTC halvening happened 5 months ago and the BTC halvening is in 4ish months. Combine this knowledge with the recent 6 month...

JZBrown96 Updated 

Looks like LTC might be gaining some levels and starting on an uptrend. We recently broke out of a 6 month downtrend, and I see what looks like a capitulation candle on the Day chart. Could be seeing some moves up from here. If we can hold on the trend line going up or making a higher low at the very least, this may be the start of the long accumulation phase of...

JZBrown96

This is for reference for another post I have made. This lines up with LTC potentially starting to move up - especially since it had it's halvening and Bitcoins halvening is coming up in 5 months. Just food for thought...