I have been on a roll with these charts except for the last one which took me by surprise because I was not looking at the signals correctly, and allowed my own emotional bias to skew what was actually happening. As we know now, XLM was in the middle of a Parabolic push and shattered her previous ATH of .5 and hit over .6. There was an immediate retracement, with...
Well, this Idea is partially a trend analysis and my own hopes haha! Given that we have hit Yearly highs, and BTC seems dead set on hitting 50k before it begins its major retraction, I think it is safe to say that although today we hit $0.47, and $48k respectively, there needs to be a small retracement before the final push out of the long-term triangle that began...
Looks to me like XTZ, although jumping high up like the rest of the Alt Coins, seems to have met it's match at around the 3.4 - 3.5 mark despite ATH's in the $10 range. It would seem that we will see XTZ likely plummet in the short term due to the H&S formation and the inability to break the upper resistances... If that is the case, and I am positioning myself as...
XLM has been making some bullish moves for the past 8 days, broken out a few times, made some nice cascades down and in general made lots of people money! That being said, it has yet to really blast off despite the bullish efforts and momentum, and seems to still follow the movements of BTC despite all other indicators and metrics. What I did notice though, is...
I've been plugging along watching the past few days of the Rising triangle formation, and noticed that... it hasn't stopped. We had a bit of a dip but it looks like that .35 mark is what people really want to hit regardless. So for me I think over the next few days we will see a dip, but only after we touch .35 again. That being said... it could rocket from there...
Honestly this isn't advice, or speculation just a guy who is here for the absolute madness that transpired these past few days, and looks likely to persist into next week. My only recommendation is to ride the FOMO wave of absolute vindictive trading that is going to take place on AMC, NOK, BB, BBBY, GME, and others. If you can afford to play the game, throw...
If you are anything like me you are DUMBFOUNDED at the behavior of crypto these past few days, with ETH approaching its ATH, BTC doubling its previous ATH, and the rest of the alt coins making some of the largest gains in 2 years. I have no idea what kicked it off and I am not upset at all, however, the behavior is incredibly hard to predict until after a specific...
If you look at the chart I have plotted out 3 different trajectories of XLM if it follows through with the H&S trend using the magnitudes of the Head, from the neckline, Left should and the neckline, and the Head to the right shoulder as a "worst case" scenario, assuming of course that it completes the pattern and reverse trends in the first place. H&S, or Head...
This just goes to show, that although a correction was to be expected the SEC trying to regulate crypto currencies when they are a global phenomenon and decentralized by nature, can cause upheaval of insane proportions. I personally hope that we recover stronger than ever before, and I believe that we will, but the outlook is very tense for cryptocurrencies in...
I put two arrows on this chart to simply show that on the 1D chart, we haven't begun our correction pattern yet, not even close! In fact it looks like we are due for another peak in about a week or two... which would put us right in line with the ATH Bull Run that brought BTC to $20k the first time, and all the other coins to their ATH's. I think, in the last 2...
It has been a long while since I last wrote an opinion piece but the truth is I have been aghast at the behavior of Crypto lately. For one the big dip I have been waiting for, anticipating and HODLING cash for.... I ruined because of the pump and dump that took almost everyone by surprise, and then foolishly HODL'd in my new values instead of stop losing... Any...
As much as it seems in the next few days LTC, and Crypto in general, is only going to oscillate a little bit, it would seem that in the longer stretch of time, we are looking at a continuation of the Bear run, and as many have been saying, this recent months long rally was really just that, a months long rally during a Bear Run.... That being said We could still...
Folks, after much heart stopping price action and wondering "What if, what now?" It seems the results are in! The 4H chart looks like it is forming a classic H&S pattern which means the Downward trend will continue but there will plenty of room for some 1-7% trades as well! Please use this information with the grain of salt Crypto Currency Demands, but the 4H...
Well folks it has been a bracing few days, hopefully you all managed to make some money and watch your trading styles! As for me I managed to surprise myself with a few new tricks that I will be adding to my retinue! For now though I want to talk about the coming trend in the next few days! I believe we are going to be declining for the next few days on our merry...
This is less of a price trajectory and more an observation of the behavior of LTC. I made the mistake of assuming the leg up on the 16th was just that 1 leg, instead of the precursor to another. That isn't to say that I personally believe that the movement is reversing, simply that LTC has a very strong tendency to leg up, dip, then leg up again. Granted it only...
Folks It seems I am doing well so far in analyzing this current trend so lets see if I can keep up the pace! The thing about Crypto is that just like traditional markets, there are patterns, rules, and trends that make trading, and investing significantly better than outright gambling. If you can accurately project a long term position you can choose to HODL, or...
I know we have dropped over $40 from the Year to Date high with LTC however that doesn't mean a retracement to yearly lows either. It could just be a rest place before the next rally. This is doubly so possible because of the August Halving that we are waiting for! So why are we plummeting with all of that building excitement? My thinking is that if we are going...
So I am looking at my chart and I made those circles several months ago... This pattern has been almost an exact mirror of the previous version of this 2 years ago. If that is the case there won't be a major correction in July-October, there is going to be an ever rapidly increasing Yearly High approaching the previous levels and likely beyond. All indicators show...