Charlie Lee has tweeted that he will "help Litecoin to ATH" before selling more of his holdings. For the dollar pair this means +80%. This is not on it´s own a signal to buy. The charts for Litecoin has been very depressed in the later part of december and underneath ther isn´t much support. Though has both the BTC and USD pair fibbonacci levels which the price...
Bitcoin has taken a breather and has over the last week or so tested support around 11-12k. A lot of people are concerned about head and sholders patterns and some are worried this is the begining of an bear-market for bitcoin. But I am opptimistic about the future. I think the market has strongly confirmed the support levels of 11-12k but I dont think we are...
we are at an important point were the resistance of the pitch fork and previous high either holds or break IF it breaks then its GOOOO TIME Broker: www.bitmex.com
Hope you bought some at the lower levles I did but a lot less then I should have. If you didn´t this might be a good buying-opportunity. We have rejected lower pricelevels and the market is turning opptimistic again. We have had a big jump up and the price has landed on previous resistance which has become support. If the price holds and do not break down we can...
RSI and ressistance breakout. Volume comming in. Going long
Just wanted to share a brief update on bitcoin. The market is actually behaving like expected and I expect to see a short-term rise. Bouncing of rsi trendline, price trend line and after stochastics.
Just my short-term technical analysis on bitcoin. As I said earlier I belive this is just a minor correction and BCH is not the new bitcoin
Just an update of the bitcoin markets current state. The market has been extremely bullish the last one and a half month or so and the cancelation of segwit2x result in a healthy correction. We´ll se what the market does but I dont expect a major drop. With the current outlook the 6000s seem like a probable bottom with som substantial support.
Bitcoin has been consolidating after the masive rise in the begining of the month. It have recently made an all time high but is now kind of holding the support levels of previous ressistance. That as well as hammer candles indicate we´ll soon be uptrending again. A bullish pennant is formed and the RSI is making contact with the trendline and is expected to reverse.
Ripple is doing higher and higher lows after consolidating for a long time. This is creating a bullish trend-channel as you can see. Short-term there is a rising wedge with the fibbonacci retracement.