BLUF (Bottom Line Up Front): New Alt Coin Added to Coinbase on Oct. 7th BTC Dominance is faltering, indicating ALT coin season to begin JASMY showing bullish indications Target of 11 cents
Neutral for now Potentially, a very bullish pattern has been spotted. Reverse Head and Shoulders Longer term target also shown If H&S plays out (big IF), target $260
A look at some of the cup and handle patterns seen Are they legitimate? If legitimate, what are our price targets? Safe areas of entry Final targets of 75-80k before year end?
Are we still headed to 75 Cents? What happens before we get to 75 Cents? How much more downside can we expect before further upside?
Bluf: Huge day today! Why? Current resistance. Will we hurdle it? Significant trendlines Cup and Handle pattern spotted Where my trendlines came from
Bluf (Bottom Line up Front): BTC Dominance hitting resistance Strong BTC run might indicate Bulls ready for a break If BTC.D can't push through resistance, ALTcoins should shine!
BTC.D broke through 47% resistance but could not confirm BTC then broke down through previous support Possible Cup and Handle pattern starting to form Bitcoin resting down in shorter term Weeks/Months out, this could be extremely bullish for hodl'ers Could indicate 80-100 by year end
Price action exactly as predicted in the previous video. EXACTLY! Now testing support as expected. Last chance for entry before heading to $6000 target [*} Next move up will probably be fairly aggressive as we break through major resistance.
Topics Covered: Altcoin Market Cap Price Projections and Target Cup and Handle Pattern in Play 25% move up starting now Correlate this chart in conjunction with altcoin investment targets
Bluf: Golden Cross Mid-Sept 50ma/200ma Above our long trending Yellow Line Fib significant levels BTC 70k - Where does that target come from?
BLUF: OXT extremely bullish OXT broke 4 huge resistance lines in 3 days OXT now rests on strong support OXT headed to 75 cents?
The previous video explained the bullish behavior of OXT. Inside bullish triangle Consolidation phase nearing an end Testing huge resistance many times Etc. (see link to Related Ideas below) In this video, I analyse the greatest probability of where OXT goes next: Currently hitting our heads on resistance at 48 cents How strong is the 48 cent...
Update to yesterday's video. New trendline spotted. Also, new buy area spotted. Less probability of a drop to 25 cents. Greater probability that we move up. Could be another week or two of sideways movement. Sentiment is growing more bullish.
Current sentiment = Neutral Current Holdings = All Cash Two Scenarios for Re-Entry: 1. Bullish move to the up-side; recapturing black resistance line 2. Bearish move to the down-side; landing on or near black support line
Simple charting here friends. After we hit our last target of .48 cents , we now must begin looking for a re-entry. Personally, I have chosen to re-enter most of my trading funds on OXT at .44 cents. That being said, there are two levels below me that are still a target-down possibility. The first one exists at .4272 and is, of course, more likely to be touched....
Really quite simple. OXTUSD currently trending up. About to break above major accumulation area (currently resistance) that is ranging on the 4hr chart between .3637 (purple line) and .3773 (black line). Past resistance will become future support. But once we break this resistance area , I believe we'll go to the 200 day moving average pretty quickly (like within...
Pretty simple analysis here. I find that often simple analysis isn't any less correct than complex. Anywho, Bitcoin dropped perfectly from our neckline of the H&S pattern at around 50k, exactly where I sold. I then hit our target down from that neckline perfectly! You can see this target drawn on the chart. Here is where I immediately posted that we should all...
Guys. It's pretty simple. There was a lot of dumb money in the market. A LOT! It needed to be flushed out at some point. I knew it would be. That's why I sold at 55k when I saw we were breaking the neckline in our H&S pattern (see "Link to Related Ideas" below). Our target down from there ended up being this trendline. Boom! We hit it precisely on the money....