Spectre-788

Spectre-788 Updated 

Possible ABC correction down to 37k. Move above 52k will invalidate the bearish case.

Spectre-788 Updated 

It appears that LTC - ETH has formed a reversal on the weekly chart judging by the bearish pin bar and now a follow through. Expecting it to go down all the way to the long term trend line and the SMA 100. That would also form a bullish Gartley pattern.

Spectre-788

Simple setup based on the bearish crab harmonic pattern. Target 16305 Stop below 10800

Spectre-788

Here is my theory on market manipulation by some big bad actors. Aka "the whales". If you observe the chart, the yellow line is what should represent normal price action as per the trend. The red circles indicate manipulation attempts to artificially push the price is a specific direction. Just notice how the price comes back to the mean or the normal area...

Spectre-788 Updated 

Bullish Gartley pattern formation. Stop loss should be below point D. Profit target 1 at fib level 1.0 and target 2 at fib 1.618. Disclaimer- This is not trading a advice. Please do your own due diligence.

Spectre-788 Updated 

As we take a look at the daily TF, the hidden bearish divergence(Price making lower highs while RSI making higher highs) is pretty evident. And not to forget , we have also had the 'Death cross'. This also aligns with the cyclic up and down pattern that BTC has been following for nearly three months now. Considering that , this could be the start of next 30 days...

Spectre-788 Updated 

BTC looking a little streached out (as evident from the doji candle on daily TF). The indicators are hovering in the over bought zone suggesting a possible retrace to 7400-7650 support zone. This would also validate a possible inverted H & S pattern. Disclaimer- This is not a trading advice, just an idea. Good luck!

Spectre-788 Updated 

Here we have a BTC chart on 4hr time frame. It can be seen that the market is testing a resistance zone of 9600-9800. This is also the .382 of the last bearish leg down to 8.3k. If this move fails to break this resistance , we could see a retrace to the nearest supports of 8.6k and if that fails to hold, a bearish flag breakout to lower support area could...

Spectre-788 Updated 

Looks like BTC is making measured move after establishing a low at 6k. With a recent high of 11786, the market is correcting, which is normal to expect after such a big move up. The price has dropped down to. 038 fib level of the recent run from 6k low to 11.7k highs. A measured move of this recent upswing shows a target of 15k. The indicators , CCI , STOCH RSI,...