Divergence on the VFI vs the price, looking to drop hard, I'll leave the targets to the billion other TA's out there.
Good evening traders, I've been bringing you the popular LTC charts, but seeing as LTC is so tied to the hip to BTC this is my attempt to warn as many people as possible about the upcoming BTC trouble. First up you can see the monthly RSI for the monthly chart that shows we're in extreme overbought area, in the left of the chart you'll see the previous RSI levels...
Good morning traders, last week I brought you the LTC to 250 breakout and the LTC to 291 charts, both of those charts were within $1.90 accuracy. At this point, I have exited LTC and currently sitting on the sidelines. With BTC downtrending we should see a further downside to LTC as it has broken the uptrend channel. Key Notes: Look for a bounce at the...
Good morning traders, we're currently looking at a breakdown of the uptrend channels on BTC. Currently the 200 EMA is acting as support and the price bounced off it very quickly, I'll be looking for more re-tests of this in the coming hours, if the 200 EMA support breaks we could be looking at a retrace down to 0.5 fib area.
This is an update to my previous chart where I accurately predicted the LTC breakout a day previous found @ Key Notes: Our first test will be @ the 260 resistance, if we successfully break through its a clear shot to 291, at which point I expect some profit taking to kick in. If we manage to clear that, with the exception of some crazy bitcoin downward...
This train aint stopping, look for key resistance levels and pay close attention to RSI
4hour chart looks to be moving into a death cross, let's see if it acts as support or short indicator.
If support holds @ the 228-229 area, as well as BTC continuing its sideway trading, we're looking at a continuation up towards the 250 area resistance. Key notes: Look for resistance at 238 on the 200 EMA, it failed to break on the last pump, will be a key area to watch for, if it breaks we're looking clear until 250.
Trade within the channels until they breakdown
About a week about I mentioned the possibility of a cup and handle forming, and on the 1 day charts it looks like it's forming perfectly. We should expect to see XLM growing to the 1700-1800's in the upcoming days and then slightly dipping. With the upcoming news on the horizon look for XLM to be *the* crypto to hold over the next month. Buckle up, accumulate...
Going to 1800 sats, if it breaks we're going for 2400 BITTREX:XLMBTC
Looks like we'll see some upward movement, looking to test 1500's again for the long term trend resistance
Title, 30 minute chart shows classic double bottom beautiful W pattern, 15-45-1h all are postive crossing MACD, volume is there, and EMA 20 is moving back into aligment, looks to be a good trade up to 1400-1600 SATS depending on your risk tolerance. Broke the resistance line once, and already testing again, look for 2 green candles closing past the breakout line...
Looks to be trading within the downtrend channel nicely, watch for breakouts lower and above, with low volume and btc focus should be fairly safe trading
Looking for an entry point here followed by lift off if BTC can continue to trade sideways
If MACD dips I think we'll correct to 17100 and re-test