Its amazing to see how almost identical litecoin is to bitcoin when it comes charts and pattern. Here you can see a macro version of a diagonal wedge (triangle) of Litecoin. It also broke down after it burst open.
This is an updated chart showing the patterns of Bitcoin completing its final correction from the rise in December 2017. I expect bitcoin to retrace below 0.382. Right now it is hovering in the light green area. If it dips to the pink area then the next rise will not be 1.618 but 2.618 which equals somewhere around $44k. Given Fibonacci is not 100% in crypto (it...
My last graph showed promising news for bitcoin as it looked like the correction was over. Over the weekend, the bulls broke down and formed a Head & Shoulder formation. Volume backs this up. Will probably retrace back down to 8k or lower.
It looks like bitcoin is reaching the end of its correction. Diagonal wedge suggest that this is creating a new higher lows and the volume confirms this thus far. Ladder buy should be cast soon.
My portfolio does include litecoin and in a good amount. Lets talk about charts. A few other anylsis also noticed that there is a downward flag patter emerging, but we might have to wait a few more days to see if it is true. MACD indicators doesn't look good either at the moment for litecoin. For those looking to acquire litecoin, I would say hold off for now,...
A correction is a good healthy thing for the market. There might be a few more days of turbulence but XDN really wants to be at $0.06 USD. This period is a great time to buy and load up. It might take another dip along the way but either way, when it gets back up to $0.06 you'll have a 100% gain. Current Value $0.03 Will keep an eye on this Coin and cast...
Redcoin seems to be at a correction like the rest of the market. This point seem to be a great mark to load up for a quick 100% profit by next or so.
Look for Correction to land around 150 Satoshi. That will signal (70%, as it land on impulse 4) that this may be the low point and great time to load up before next rise. Keep your eyes at the last ATH to retest ceiling.
I'm looking at a $25 bounce back but not before the possibility that it might drop as low as $5. We are almost there to the next Bullish cycle, perhaps within the next few days. I set my sell limit at $25, although I've seen very possible prediction at $27.50 and beyond using Fibonacci method. *This is for educational purposes and not a recommendation for...