look for breakthrough, go long first target at 11000, second at 12500. If breakdown go short. pick back up around 65-75.
LTC making a solid climb out of the recent correction the market has undergone. That being said it cant grow like this for much longer before it gets corrected again. Here are two possible scenarios. If there is a fourth wave, look at volume for signs of weakness showing dumb money fomo'ing in marking the very top of the ascension.
Short term signals are very bullish still, look for breakout above downward trend for confirmation. If you look at 1 min graph you will see big spikes in volume/ This is smart money getting in on the way down. Not to mention the big green candles that are appearing with short red ones followed by a big green one again, good sign that it will reverse upwards.
LEAF has been rebounding since it hit a low after all time high at 24% fib. Now its in the butterzone for another retrace, especially for how fast its gone up, will make for a good buying opportunity. Short for now, pick up between 16 and 17$
BTC refusing to complete the head and shoulders pattern i described in an earlier post and has continued into symmetrical continuation triangles inside asceding triangle with heavy volume breakout above 9k, whil it could still possibly retest lower region, the odds of it dipping under 7-8k are extremely low. Cryptocurrency bullmarket is upon us again!
WEED has been in a downfall since the bubble burst on pretty much every weed stock there is. Now it how made a consolidation pattern and is shortening its price range. In the coming days we will see where it breaks and what this will be able to tell us about possible future outcomes. A lot of people think that bubbles are a bad thing. But they show that the...
DGD did this exact same pattern when it hit one of its ATH's. This kind of oscillation is exponential which means that if im rcorrect about this, it will grow disproportionately and then collapse, (a small bubble if you will). Watch for the break above this consolidation pattern and it will fly very high. If it breaks down below the lower consolidation line look...
ETC breakout from consolidation forming symmetrical continuation triangles. and an inverse head and shoulders with strong volume still. Look for bullish pullback and bounce at previous breakout level, thats where i would make my entry (37500 satoshi)
XRP lookinf very nice as well. One big pump already with a nice consolidawtion at 50% fib while bouncing at 78% abd 62% as well. If it breaks above 128, it will go to 15k potentially.
BLZ looking bullish again shorterm with btc refusing a head and shoulders and possibly breaking out. Meanwhile, if BLZ is capable of breaking over 8400 level momentum will carry it higher
BTC showing more bearish signals with the formation of a head and shoulders pattern. This coupled with the failed ascending triangle (see posts below) that turned into a rising wedge with a triple top in the 2 hour chart. Looks like its due for another slide. My midterm target for BTC is for it to retest 6k again. The correction is not over in my opinion. Just...
The title describes it perfectly. Well see what hap=pens but im thinking a retest of 6 in the next weeks.
BTC made ascending continutation triangles yesterday with a nice breakout. However the breakout failed and turned into a triple top and returning to trade within the triangle range. Now it is bouncing off bottom trendline and could break down. If this happens it could signal another btc slide
BTC making bullish continuation ascending triangles. Go long till 9.5-10k
DGD looks tlike its preperaing for a big run up with an ascending fib consolidation. Important peaks are falling within the golden ratio and the underlying trend line is going up fast, break out could be within the next hours to the next days.
BTC showing ascemding triangles but refused breakout on the 3rd peak turns into a triple top. A break towards the upside will probably run up to 9-9.5k and a breakdown might see a retest of the support found at 7 and maybe even 6k.
So were completing the correction waves here. Still making nice fib bounces with today's confirmation candle. It looks like were headed for the final bottom here shortly, within the next week id say. If this happens it will shake all the weak hands that bought around 12-14$ and well get a nice bounce at 24% or 32% fib are my two buying targets (7.4$ and 5.6% cad)....
Breakthrough happened on high volume, look for 1st target at 15000 satoshi. Its hard to determine further targets as there is absolutely no precedent with this coin. Be careful and invest conservatively, this is not financial advice, merely my opinion/