OKX:LTCUSDT halving is close and NYSE:LTC could overperform OKX:BTCUSDT in next period . A R;R ratio of 4,2 for this trade
Here you can see the fibonacci levels at which I believe there is a chance to hit before next run .. 8125 ( 23.6% retracement ) and 7879 ( 38.2% retracement ) If this will not happen and will stay above those levels , I expect this levels : 8861 ( 127.2 % extended fibo ) and 9085 ( 141.5 % extended fibo )
The targets I think ETHEREUM will jump if the pattern will formate, will be somewhere at T1=219 (19%) and T2=239 (25%).
Moving Averages on 1d start to sink, watchout for a possible dump !!
Prediction price for end of month is 8869 Dollars @ByBit exchange
Analyse made in behind , presenting what I see , not an advice !!
Analyse made in behind , presenting what I see , not an advice !!
As in others opportunity post , analyse made in behind , DYOR always !!
Analyse made in behind , presenting what I see , not an advice !!
Analyse made in behind , presenting what I see , not an advice !!
1st part One of my old post suggested that if this would be a perfect system , $btc would follow parabolic moves ... and it followed , have a look at my old post to understand more Now , for BTC to re-enter parabola itself must get into 14.000 every time the get away from this parabolic move and move in sidelines eventually big move will be bigger in acordance...
Probably after a deep from this level we will see a rise of all crypto , LTC will hit for sure in bull run 100$/LTC ( mcap of 5bil$ for 100$ price ) .... but ... where can it go further from 100$ ? First of all let's hit under 40$ buy area so we can chase a target ... Target 1 of 100$ is last resistance in short term to beat , after that will start fighting with...
Longs recovered better than shorts from last big move
As we break through 150 we can hope to stay here and continue slow move on upside i created two targets and a buy area. If we don't break through upside anymore we must consider buying when price will decline ... so start buying from under 130 with low volumes and get a lot more volumes when maybe a dump will make ETH 5 times cheaper :) will watch this one
On 1m timeframe we find an Adam and Eve pattern , with resistance to beat at 3801 Adam and eve: technical.traders.com technical.traders.com
swing-trading-strategies.com Have a look what is a inverted head and shoulders up !! Now let's look at our chart and we will have: neckline to beat at 3200 Don't expect that chart patterns will look exactly one like the other ... the point is to understand where price hit when it goes down and where price hit when it goes up : According to Fibonacci...
....... if blockchain will keep getting those eliptical moves in long term , we can see a final last down move so the story can move to higher targets. Just saying .. if Bitcoin will keep in this eliptical pattern in up overall , we could see some very highs in 2020 when this next spike coincide with bitcoin next halving reward year ... PS : Expect for a quick...
Here is what i think a 555 days cycle with bitcoin from low to high and back at usual price, as choppiness index and rsi drops to oversold as never in last 2 years in 1D timeframe