Just a quick update, and zoomed in. Waiting to break. And by the way, look at the 3mo, 6mo, and 12mo charts. It's as though LTC has been waiting its whole life for this very moment.
I posted this earlier with the monthly. I meant to include the weekly. I drew these in June of last year. I'd recommend drawing these lines for yourself on the weekly or monthly and looking across different time frames. It's an interesting chart. Seems we're getting close to a major repricing event. Time will tell.
I drew these lines on June 26, 2023 and we are in a very interesting spot. Confirming support at channel bottom before launch? We gonna make it through? :) Stay tuned...
Yeah, I know... a title of "who knows" might be the worst imaginable for a tradinfg idea. Ha ;) Anyway, it had been awhile since I'd looked at this one. Could prove to be a nice week if these lines mean anything. I should add... I don't actively watch this one, trade it, or have any opinions on it. Plenty of reasons to be bullish on the space, though, but......
Looking good! Did I mention I liked this setup? Cheers, all. Happy 4th! ------------------------------------------------------------------------- I posted this the other day recommending you draw these lines on the weekly for yourselves and look across different time frames. <-- I still recommend doing this. It's an interesting chart. Anyway... It's also...
I posted this the other day recommending you draw these lines on the weekly for yourselves and look across different time frames. <-- I still recommend doing this. It's an interesting chart. Anyway... It's also interesting that litecoin didn't make a new high along with the other coins in the last few years... or is it? I like it. I like it a lot.
Draw these lines for yourself on the weekly, then take a look at different time frames. Hmmm... Thoughts?
Lines are fun. Here are some more. Amazing how things can work out sometimes.
Lines were drawn on weekly (showing daily view here) If current level doesn't hold I will be looking to load up at weekly trend just below $81 (perhaps a quick wick below $80 just take out stops). That is all
Behold! More lines. That is all. Typing this sentence to meet description length requirements.
Someone asked me to look at this chart today. No thoughts on it. Just drawing dome lines. But I'm required to write a longer description.
This is not about TA. We are off the rails. The entire world is being repriced and the market has been telling us this for over a decade. That's right. Look at the chart. The all-asset class meltup is real. We've watched analysts trip over themselves for years trying to explain away valuations and attempt to come up with an explanation for the market's...
I first drew these lines on April 7th. Let's see how this play out. Many variables at play but when I pulled this chart and saw that bottom wick from the week of Jun 21st I felt obliged to publish. If that channel is valid, and it looks reasonable, we'll first have to reconcile the bottom wick from 5/11 daily at $25,292 (or so) before deciding where to go. If we...
Still watching this channel. Could be an interesting day tomorrow either way. Weekly bottom would be around $24k/$24,200 For the bulls, weekly high could potentially be around $37.7k Hard to be optimistic these days but anything can happen in the short term. Which side are you on? Any thoughts? Original idea posted April 7th.
I published this chart on April 7th. I don't know where we go first, but this channel still seems to be in play. Any thoughts?
Just an anomaly or is something going on here? If you think tether will be used/abused as a scapegoat for a market crash and more stringent regulations by the same people who have been using it to control and own the market (and make a tidy profit at the same time), gimme a like. Thanks, all. Be careul out there.
Any thoughts? Which way will we break when we get there? Let me know. I think we break up because I choose to believe we will. :) Algo been doing it's own thing. Hard to be positive on much of anything these days. Come on, man. Can't we have a little fun?