


3 drive pattern completed earlier than expected. Uptrend resume :) $550~ 560 is the absolute support that held up 4 times so far.
Here we go. Traders on BTCe seems pretty emotional, any signs of dump on Bitstamp will result in an even bigger dump on BTCe. Similarly, pump on Bitstamp will always cause the opposite reaction making them to be easily manipulated. Bitstamp is full of whales...
Pretty attractive bet for quarterly announcement in 3 days if the price isn't pumped beyond US $235 by then. Catalyst: -The upcoming Tesla Model X by early 2015 -More details on the gigafactory battery partnership with Panasonic (Confirmed) >>> Big loss will continue due to the cost of the land and building, Panasonic will cover the cost of the...
Bullish signal picking up this is the second bounce off a strong resistance $7.5. -Complete of minor and major wave 5 of Elliot wave. (reverse wave A is uptrend) -15 hour TTF crossover from the red region (defining a buy) -RSI breakout of the downtrend channel We may see a final retest of 7.5 before the uptrend if this support holds
Which way will we go? In-position: -Stop Loss: $595 ~ 599 Sleeping in fiat: -Buy: $621 onwards
Preparing for the next uptrend with a nice RSI divergence from the on the 1 hour trend. The movement of Litecoin have been rather predictable so far with a triple bottom rise on 16th July to a H&S formation collapse on 19th July. Bots camping out at 8.455 area: imageshack.com It is now clear that $8.453 and $8.52 acts as a strong support for the current...
Current price presents a relatively low risk entry point to Facebook and a potentially high returns over the coming days. Will we finally break out of the green trend line that Facebook been trading on for the past 3 months? Stop loss: 63.83 Open: 66.97 Target: 82.32+
There seems to be another leg up forming at the moment along the long term trend. Entry point: $8.931 Stop loss: $8.843 Reward/Target: $9.507
Litecoin just entered a highway, with a relatively fast lane.. No major resistance on sight until $10.2 ~ $11 which is a historical resistance from January - June where many bagholders will be at. (20% gain from here) Strong bull for the next week or so.
We are almost at the end of the pennant, with most indicators being oversold. SAR should turn bullish in the next 4~18 hours, along with a huge Ichimoku cloud hovering just below it acting as a strong support line. With the consolidation for the past 3 days, 4H/6H/12H StochRSI are at its very bottom right now and that will ensure a long uptrend for at least a...
Nothing much have changed since I last wrote about it. LTC is trading pretty close to the long term support line right now, along with a flash crash down to $2 -- 3 hours ago. Any further downtrend will lead to the worst case scenario of $4.595 which is close to 23% downtrend from here. As always, any spike in LTC price without being supported by any news is...
Enough said, we are done with the dump. On the way to $680 , or even the uppermost target of $720 . Sit tight and watch! Not the time for any shorting... :) Everything's screaming BUY BUY BUY! Credits: LowPro & LazyBear for the indicators.
Litecoin is pretty much oversold right now, there's a little 6.32% upside from $9.1 USD (0.5 USD gain) as we have just bounced off the long term trend line. 4 hour RSI indicates that it is currently oversold. If LTC fails to break above $10 by 5th July, we should be expecting further downside through the falling channel...
As of now, it should be pretty clear that we are on a rising channel. Given the fact that this is just the beginning of the long term bull market, there's simply no way we can clearly define which channel the market is following. In the graph, it is defined by the blue, red and pink lines. (With the pink lines as the least confident ones, best suited for short...
Just another random pump and dump for now, indicators are mostly suggesting overbought. I'll be expecting further decline from $10 down to $9.5 within the next week.
With today's announcement of DigitalBTC's listing on Australia Stock Exchange, the price is heading north once again. We've finally broken through the falling wedge since 12th June. (RSI, VI, MCAD, Elliot Wave 4, indicators are seemly positive and oversold) www.coindesk.com For short term, we should see price heading closer towards $600 once again. One thing for...