NYFinancials

NYFinancials Updated 

The dotted Red Line extends from 1/28 high through the 2/17 high. The recent rally stopped right at this line. ETH seems to be following with my BTC prediction (as of now) for a localized Adam&Eve reversal at the recent lows. You can check that BTC chart out on my profile if you're interested. Now ETH seems to be forming a triangle which appears to mean...

NYFinancials Updated 

Really can't say much here on why this formation may take place. Mostly just a hunch, based on my perception of price action as of right now. The downtrend seems to level out as you would see in the Adam & Eve Double Bottom reversal. RSI is also gaining steam on the 1-day chart. If we drop below previous low of 6000, the formation is invalidated. If confirmed by...

NYFinancials Updated 

The Nasdaq-100 is about to have another day in the red. Around 3 am eastern, Nasdaq 100 e-Mini Futures began diving, erasing the minor gains made in the previous session. The futures tend to take big swings during open sessions which IMO means that cable news networks are gonna throw that index ticker up for the day. The drop also comes 5 hours before opening...

NYFinancials Updated 

LTC appears to have formed a symmetrical triangle in its consolidation period following its big run. Now with the Litecoin Cash fork passed, and the price holding above the rising lower trend line, it looks like the 5 wave contracting correction pattern is coming to its end. I am expecting a breakout above this triangle in the next wave, but Wave E could actually...

NYFinancials

Fundamentals are strong for LTC in particular as all Cryptos are correlating in bull trend. LTC could continue this rapid bull run, pushing up against, and possibly breaking through the uptrend resistance. Short-term is hard to see right now, but with Elliott Wave and Fibonacci levels I see a continuation, at least for now, and possibly for the next week as...