If you are anything like me you are probably very frustrated that we keep finding ourselves at midway points, rather than low or high points. LTC is trading at $120 which is neither high nor low but an average. Even the $130 range isn't particularly high for the levels that we have already achieved. This makes price prediction very difficult. Add to that in about...
Just as the title says, the LTC channel hasn't been broken in months, and it doesn't look like it's going to break one way or the other anytime soon. What does that mean for us? It means in the short term we can reasonably expect the movement to touch the bottom green line, which is about $107, and if it dips a little lower we can figure high 90's. However it has...
So with the long anticipated correction finally upon us, and all the coins in retracement, I think I can safely say the next time BTC moves in either direction LTC will follow suit, with a vengeance! If you were on the fence about staying in LTC, do not concern yourself any more! There may very well be more dip to come, I'm thinking low 100's anything below 104 is...
I have been staying in LTC primarily to practice all of my day trading strategies, and testing my TA's. That being said, the smart thing to do would have been to switch to BTC at the start of the 10k rally, and HODL, maybe buying into ETH since both of those coins have made incredible gains, and I watched them make those gains. Another point that needs to be made...
I'll keep it short and sweet, all of our movements point to only one logical possibility....moon. We should be getting a retracement, and consolidation , but instead we are getting pumps and 5% dumps too push another 10-20% higher over the course of mere days. Folks I think its time to HODL for the foreseeable future, and start putting $100 or $200 in some of...
Short and sweet, I am pretty certain we will see $500 for BCH before this rally is over. This channel hasn't broken yet and unless it happens right now July will be the Peak month... just like it was in years past!
I am writing this before the pattern has been painted on the charts largely because I am in disbelief. I am watching as we in 48 hours have seen a price go from $135 - $128.8 - $139.66, with a correction that should have lead to a major Dump to a new low, that looks like, at this moment in time 525am on 6/19/19, as if it will continue the rally to possibly $144 or...
I am looking through the charts, and seeing that BTC is on a rampage! I also see that we are possibly going parabolic again! That being said that's for the days and weeks to come, but for many of us it is about the daily trading, the accumulation of more and more coins! Therefore I predict that we will see some major movements out of LTC with a major correction...
This time I'm going to write about something many you probably knew, but some may have not: LTC has been rising since May without ANY sign of stopping! It has been in an ascending channel since the beginning of this latest rally and has been trading faithfully within its limits the entire time! Not only that it doesn't seem likely to break out of its channel any...
I've been working on trade strategies and finding the right mix of indicators that give the "ultimate" buy/sell now signal. However, just like the title suggests, FOMO and FUD not too mention greed continue to get into the way, so how to overcome that? Discipline? That would be ideal but if we had that then FOMO and FUD wouldn't be an issue haha. What about...
So I think this chart speaks for itself this time around. We are going to consolidate a fair amount across the board for the next couple days with plenty of juicy 2-4% trading bumps in-between! This is the consolidation we have all been waiting for! IF you made some mistakes in the past or were hoping for a second chance at lows, this would be it! Since BTC is...
Well if you are a lot like me, you thought the correction was going to be swift and brutal, yet as it turns out we may have already hit the lows and the Bull Rally, fake or otherwise, may very well still be in effect! Just look at how even with extremely low volumes we are still trading in an increasing pattern with dips that lead right into 10% gains! Therefor we...
I've been trying to make sense of this trading channel all day and I will admit to have not bought in at the first yellow circle, or at any point during this channel because it felt so wrong to me that it was even forming. Clearly that was a mistake, one I wish I could turn back the clock on for a few hours at least, however I am happy I resisted the urge to FOMO...
I think we can all agree that if you have anything over a 50k in crypto investments you can force the market in a direction, add several zeros and you can form trends by your self. I think these patters, and the trading ratios from today's bear market correction, are strong indicators of manipulation happening on a massive scale. The good news is the manipulation...
Something that is often over looked is the fact that trends exist and that they can be caught if you know what ot look for. Day trading is difficult, time consuming and on low volume days exceedingly boring! However you can set alerts, or hedge your trades to catch the Spikes! What alot of traders try and do is get that 1% gain every chance it presents itself but...
With this analysis I have been analyzing visual patterns because for me that is the way I learn best! Something I have noticed on all the Time Scales is that if you watch the angles of the Rising or Falling slope lines you can determine a long term trend from short term charts. Take for instance from 5/11 - 5/12 there was a rising trend that peaked on 5/12...
My idea is very simple and derived from several weeks of failed trades, and false assumptions especially concerning a Parabolic Rise. I was under the impression that certain patterns and shapes indicated longevity and what can or should happen but the reality is the market decides at all times. It is significantly easier to determine what the trend may be when it...