fitzpa59

fitzpa59

LTC is currently in a upward channel pattern with next move driving it to 400. Buy until 320.

fitzpa59

BTC - Yellow BCH - Green BTG - Pink Since BTG was created it has been highly correlated to BCH. Since B2X fork was canceled both BCH and BTG have shown similar negative correlations to BTC. Both BCH and BTG prove to be strong BTC hedges. Dec. 18 - BCH shows significantly stronger negative correlation to BTC compared to BTG. This leads me to believe that BCH is...

fitzpa59

Since its creation, Bitcoin Cash had three strong price surges that all stopped at about 0.24 BTC. This is a strong resistance level. A strong, sustained breakout doesn't seem very likely. Now may be a good time to take bch profits, or if you bought high, sell and cut losses. I took about 60% from my position. Further BCH analysis next post.

fitzpa59

LTC broke channel after hitting high at 350. If channel fails 1.0 level breakout cup and handle pattern likely with breakout to follow to 1.272 - 1.414. Hold and buy more during handle if occurs.

fitzpa59

Love Civic, great team and solution to a big problem in identity management and sharing. Arc pattern, support at 0.236 level.

fitzpa59

Since BitcoinGold's minting it has been highly correlated to Bitcoin cash. I favour holding bch over btg for a couple reasons. The likelihood of bch being added to coinbase. BTG's most recent peak is a third most high, whereas BCH's most recent peak is the second highest peak. BTG is still consolidating while BCH is breaking out.

fitzpa59

Since Bitcoin Gold's minting it has been highly correlated to Bitcoin cash. I favour holding bch over btg for a couple reasons. The likelihood of bch being added to coinbase. BTG's most recent peak is a third most high, whereas BCH's most recent peak is the second highest peak. BTG is still consolidating while BCH is breaking out.

fitzpa59

0.5 fib level showing strong support (three times) while consolidating. New if you bought low hold, if new set stops.

fitzpa59

Got in 10k at 0.315. Holding 0.68, rallying is continuing, pick up more if below 0.45.

fitzpa59

Iota's failed 2nd breakout forms a channel with a buying opportunity as support kicked in again at short team 0.236 level. target $5

fitzpa59

Using peak as 1.0 and base as announcement price we see strong support the last few days. Price is consolidating since peak forming a pennant. Market is bullish right now. Height of pennant inline with 1.272 level if bullish breakout is confirmed. I'm saying breakout is confirmed if tomorrow's 1 day candlestick closes above 4.70.

fitzpa59

BTC looking pretty bearish as we approach the opening of btc futures contracts. 17k milestone came with a massive transaction backlog leading to a price drop. Watch the channel to determine breakout direction. Short till 13k then long.

fitzpa59 Updated 

Buys look good near the lower red trendline. Breach in third blue line with low-mid volume. Next big volume inflow will decide next move. Buy in now with orders on bottom blue line

fitzpa59

ETP testing its $3-4 channel. Wedge consolidation could mean a breakthrough or a collapse to bottom of channel. Current strategy, bought some around 3.7 with orders set to 3.0 incase wedge breaks downwards. Channel base support strong, comfortable buying more at channel base will playing the potential bullish breakout.

fitzpa59

BTC blows past $9000 on black friday weekend. Looking at btc 5.41% in 2017. Pretty incredible looking 10 months. Yet it is still so early into the revolution. Sidenote: RSI tends to be in overbought for more often then oversold. Super easy investment strategy: buy and never sell bitcoin

fitzpa59

BCH is consilidating nicely around 1550 exercising strong support at 1550. a run up to 0.618 at 2000 seems likely within a week or two. BCH looking good

fitzpa59

$338 has mild support could be a good entry point. It's only bounced off the 0.618 level a couple times meaning mild testing. Watch btg closely, could reach ATHs ny the end of the week

fitzpa59

Follow up to a previous post... Outlined these trendlines earlier and suggested the price was moving to the upper trendline. This trendline is now bit of a resistance level. I'm not selling right now, a break through this trendline will be exciting. No price target atm, not appropriate to draw fib retracements right now.