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Istackusd

Litecoin Bullish Scenarios for Summer 2019$LTC should remain quite bullish throughout the summer leading up to #TheLitecoinHalving2019, on Aug 6, 2019. Since the bottom of this recent #bearcycle, #litecoin has had repeating monthly cycles of +35% and +65%. I expect this same pattern to repeat itself thru The Halving. $BTC could still see a pullback under $7k. If it does, this litecoin #bullrally could stall out while traders protect their #bitcoin positions. If Bitcoin remains bullish throughout the summer, litecoin will follow suit. If Bitcoin has a #parabolicbreakout, we could expect to see litecoin retest #alltimehigh prices leading up to the halving date. Bullish Scenario 1 Bullish Scenario 2 Parabolic Bullish Scenario End of May = $98-$106 End of May = $105-$118 End of May = $110-$130 End of June = $108-122 End of May = $125-$145 End of May = $150-$195 End of July = $125-$150 End of July = $150-$175 End of July = $225-$275 We could/should also expect to see up to a 50-61% fib retracement post-halving, just because, that's what the market does. I will update this idea weekly through the end of the Litecoin Halving
COINBASE:LTCUSDLong
by TheRealVSky
1
A new VSky™ Bitcoin analysis for January-February 2019BTC failed its attempt to breakout beyond $4.2k twice, once during the last week of December 2018 and then again the first week of January 2019. My new local short target range is $3375-$3400 We've currently pulled back to the midrange of the local bear flag we're in - (which started after the loss of support around $6400 around 12 November 2018) I expect an attempt to test the local support trend line around 3375-3.4k this coming week and then fail there again, which will lead us to a new low around $2875, after Valentine's Day 2019. *I believe the market will become stagnant with continued stair stepped downtrend movements to $2875, potentially thru April, with the government being shutdown, I'm interested to see how US traders (us legitimate traders who pay our taxes) approach the trade/tax deadline in April - everyone that applied for 2017 extension in April 2018, got rekt when the Oct 2018 deadline came around and they didn't have the money to pay their taxes. Interesting times, we're in **this is an updated idea from an idea I published in June 2018
COINBASE:BTCUSD
by TheRealVSky
4
Bitcoin will test historical downtrend line soonBTC price seems to be sliding right into historical downtrend resistance with a sideways trickle with low volume. Not looking good for a breakout above first heavy resistance at $6500. More likely for a pullback to test $6200 and then another repeat sideways until we retest the historical resistance again, this time below $6300 in the middle of November. ** if BTC breaks out and settles above $6500 - next historical trend line is $7k
COINBASE:BTCUSDShort
by TheRealVSky
2