LTC/BTC can increase over 100% over the next 6 months. 1. Ignore the price. 2. Look at the RSI. 3. Analyze RSI cycle patterns. 4. Sell Litecoin in June/July 2024. Now look at price. 5. High five! I'm not sure if anyone else has broken down this cycle this way, but it makes the most sense to me. Very unconventional, but it works for me. RSI rules everything...
We can't ignore that every time the Bollinger Bands tighten up we get a reversal in the unemployment rate. With this and along with other factors, a reversal is imminent. Check the comments section to see how this correlated to the S&p500 .
Currently, I'm trying to be neutral and wait for more information, but I would like to lean slightly bearish. Yes the S&p500 is at all time highs, but I believe there's some tension building behind the scenes. It wont be completely obvious until March 2020. In the event of a breakdown the .618 fibonacci will play a critical role like it did in 2002-2003 , and...
1. LTC/BTC has found support on the .01130, with another critical support just below at .00993. 2. Perhaps a double bottom or inverse head and shoulders can reverse the trend. Although nothing definite is standing out at the moment. Only potential patterns setting up. 3. Let's also keep in mind LTC/USD is forming what appears to look like an ascending triangle...
Leave a comment for your objections or questions, LIKE if you agree please.
It appears that a head and shoulders pattern is forming. The left shoulder and the head have been completed, with only the right shoulder about to commence. BTC has been constantly rejected by the .618 Fib, that would align with our H&S theory and potentially completing the pattern. The potential target could be $5850 where there is a previous trend line of two...
Litecoin Broke its HH and HL pattern (higher high, and higher low). It was in a channel following this continuation pattern marked by the dashed black lines. This pattern was broke when Litecoin failed to make a HL, instead created a LL marked in red text. We can speculate and anticipating a LH coming. If we do see a lower high we will have created a bearish...
Looks like we have a Cup & Handle on the 15 Minute. This also corresponds with he red squares I drew out. if this trend and trend line holds, ADA will soon arrive at 30 cents!
Pure spectulation, this is just a guess. I have seen lots of head and shoulder patterns come out of the wood work. LETS GO REGGIE!
This pattern is self explanatory, from the colorful rectangles above. Tell me what you think, if you agree share some more insight. If I am wrong, articulate why this analysis is incorrect.
Hello everyone, I'm creating this technical analysis based on an indicator I have created, and purely on my own intuition. Lets begin. 1. If you take a look at my Jas Indicator there seems to be a fractal pattern within it. Comparing it to previous patterns we are at the stage before creating the first bottom of the double bottom on 2/2. 2. I think there is...
I think the bottom is in for LTC. I was just having some fun looking at the previous patterns and going to take a stab at future movements, if this pattern were to continue to play out once more. Unfortunately, the yellow and pink box didn't really line up how i anticipated, so they will be off. Tell me what you think, give me some constrictive criticism.
I believe Fractals are truly intriguing they are a curve or geometric figure, each part of which has the same statistical character as the whole. Fractals are useful in modeling structures (such as eroded coastlines or snowflakes) in which similar patterns recur at progressively smaller scales, and in describing partly random or chaotic phenomena such as crystal...
1. If you look at the red ovals you can see large candle sticks. They appeared on 12-11 and 2-14. These price ranges are from $155-$212. We are in the same buy zone, and in the light of the news with litecoin, I believe it is likely to see large buys to enter at these same price levels. (I predict 1 large green candle need the empty green oval) 2. Likewise with...
As you see the RSI has made a series of higher lows and just recently a higher high. Coincidently, the price of 0x in dollars has been going down. As a result we have seen a larger green candle react to this divergence. Could this be the bottom? It may be, perhaps the bottom or the relative price will be tested again in the future. After seeing 0x at $2.50 and...
Hello crypto friends! Looks like we may be forming a potential head and shoulders pattern (Bullish) with a target a little over $240. As of right now the price of the right shoulder has surpassed the price of the left shoulder. As long as the price stays below the head of the H&S we will be one step closer to the moon. I do see some minor resistance at 223.23...
Wow if you click this link after looking at my first chart you a few among a million. Straight to business. 1. I added an addition Gann Square and you can see a stairway leading LTC to the heavenly price of $850. 2. The pink boxes yet again represent coincidences with candle sticks. Give me your thoughts, an please be nice!