We know how this plays out ... Triple Bottom before Moon MissionWe all know how this is going to play out, price needs to retest long term trend line.
1) Drop to $7200
2) Form Triple Bottom
3) Moon Mission - Engage!
Thoughts:
I believe the institutions (and by that I mean mostly hedge funds) & whales have been accumulating ... BTC will make a move to $11,000 after it bounces from that 7200 level.
ALTS:
Major coins that I think will Moon along with it:
-XLM
-SC
-ADA
-ICX
-NULS : Nuls will do well irrespective of the other movements just because of all the developments that are coming in the next few weeks. (including but not limited to, mainnet)
Lambo
XLM setting up nicely for the next runWhales are still toying with $BTC so we can expect some sideway action.
Big 10 (top ten MC coins) have not pumped yet, but they are all setting up similarly.
We can expect in the next week or 2 for these coins to pump around the same time.
BUY: ~ 40k sats
SELL: 48k , 57k, 71k +
Nuls bounce off 618 level, New ATH coming (70k+)Mainnet is coming in a few weeks, this is just a healthy retracement after creating a new ATH ... I expect some consolidation around here for another week or 2, then Expect 70k+ !!!
BUY: ~50K
SELL: 62k, 70k, 150k+ (<-- This is where I will cash out a large portion)
Market Cap currently = $168,262,800 USD
Do NOT panic people, we have a lot more room to run.
Sleeping GiantBancor is a network that lets users convert between two tokens like an exchange. The network lets you convert between two tokens of your choice without any counterparty. You can do this while taking advantage of an automatically calculated price. The system also incorporates built-in liquidity for added convenience. I don't think many have realized the potential of this project, they have a currently working product and have been rolling out a lot of partnerships. I have marked my entry, sorry I didn't tell you all sooner. I'll be holding this one for a while and will look to add on dips.
Those big wicks up really scream accumulation to me!
There once was a bear who now turned bullThere has been some serious Hidden Bullish Divergence in BTC.
Right when everyone thinks it's about to collapse, it prints this pattern.
Will we actually validate the pattern? Doubtful.
I believe the fall from the neckline after completing the head will stir up mass FOMO selling.
Then we go visit $1k support since we've never tested it.
Then we visit $1.00 because the FOMO panic selling is 2powerful5me.
Then because we hit a dollar, every person and their mother and brother buy BTC.
Then because mom and pops finally got in,
The Bull run begins.
This is just an idea. Not to be taken as trading advice.
Just curious to see how it plays out.
WE NEED MOM AND POPS TO LAMBO US TO THE MOON
TNB is about to blast offTNB came onto my radar yesterday while searching for coins. Almost every indicator I put up to it was showing that it was ready for a serious bull run. I wake up this morning to still find everything pointing up. Check it yourself guys, this seems like a sure winner.
Look familiar?! I was looking this morning at this chart at the nice 4 green weekly candles in a row. Then just now I looked back at the last time that happened. The last time it wasn't near the end of a big bear market (my opinion personally), mostly just a sideways market. Given the position of the current setup (which is at the breaking point of leaving a long down trend line) the next 2-4 weeks could be quite bullish.
Don't use this as trading advice, just add it to your speculation of the price movement. There is lots of info out there. Use it all to your advantage and trade wisely.
IM BORED & WISH I COULD TITLE WITH PROFANITY What UPPPP Financial AMIGOOOOSS!!!!
(Also I am TM'ing that intro phase so there, notice given to all ya'll Plagiarizers - yes I see you out there!)
Okay LETS GET RIGHT INTO IT: 3rd Post here, come on ride that train, and ride it (For some reason that old 90's song been in my head all week, call it a sign)
In case u didn't realize, I called this market turn around before (almost) all of you. A lot of people say are claiming this right now...and that's cool...but I have better written proof. GO on, take a peak. And honestly, I never brag, in fact, I am only doing it now bc this is pretty much anonymous which is fun for me. So you know what? TOLD YOU SO hahaha ;)
You know what else? stuffffff right heeeerrrr is 'bout to go down!!! and by down, I mean it like the way the cool hipster kids use it, meaning it will really go up, like a lot!!!!!
A brief digress as is my custom, I really wanted 50 reputation points in order to passive aggressively comment on most of ya'll's nonsense, but got BORED, and so just bought a year subscription anyway lol. So not sure why I am posting anymore, I guess to brag and personal fun. TO brag more, 24+ rep points on 2 posts...shooottttt...You know you wanna come on ride this train.
Okay, onto the business...I am up 40+ hours now without sleep (and this and all future posts are not trading advice)
lack of sleep is not from trading crypto but more so real life and real job stuff...and guess what, I got me a feeling my Amigos!
I have such a love hate relationship right now with LTC. It's like the younger son that you love more than anything, especially the well behaved older brother...but at same time you also hate them for not following the rules enough and bringing you unneeded stress.
However, in the end this BULLLLLL MARKET (WHICH IS ALREADY HERE AS I CALLED END OF MARCH) is very very soon going to slap the spoiled LTC son around hard enough to make me my lambo.
Honestly, I've been a BIG LTC fan, and still am, but recently like most have lost some more faith than anticipated
Which forced me sell more LTC holdings than I ever thought I would (which is why I know the peak is coming)..
I traded it for XRP (at 0.49 cents you noobs, along with ADA at 0.19 cents) and put other into BCH. Personally, I kind of hate BCH, but apparently the "Smart" money knows something about it that I don't. And as arrogant as I may appear (which isn't arrogance but rather confidence) I am certailny confident enough to realize and accept that some of you may know more a boat load about this more than this young Noob. So....I will ride that train and lets go BCH, XRP, ADA and that spoiled younger offspring child known as LTC that really needs a big slap and no dinner for a week!
Recently I read another post about LTC (I forget who wrote it right now without any sleep - so sorry I can't give you credit but please comment if you're reading) but someone mentioned on another LTC post about how it tends to jump very HIGH on a single say, and usually that happens subsequent to the other coins... and it appears very correct.
SOOOOO....When BTC hits 11.5 ish very soon (and right before a small correction) that's when LTC will re-form in uptrend and make me some decent money (really enough to make back my LTC losses just in time for the tax man to shove one up my you know what).
Okay, rambling now and have to go pick up the take out before my wife divorces me. But thanks for reading and please comment something funny, or don't waste my time. lol jk. not really though.
love to all you strangers, because agree with me or not, we all are apart of something BIG right now, something incredible. GL trading!
P.S.: Keep shorting all you want. I just wish I had some of that hopium you be smoking.
TLN - out.
* Mic Drop
P.P.S.: I wait for confirmations before trading unless the confirmations suddenly change and then I pretend I was right the whole time!!!! GUESS WHO I AM?!?!?!?!?!
Cup and Handle pattern forming STRATIS -------> MOOOOON SkrratttThe target for the outbreak of the handle (if that is formed) would be: the depth of the cup + outbreak of the handle.
Two plus two is four, minus one that's three, quick maths
Skrrat, skidi-kat-kat
Mooooooooooon
BULLISH after this cross. 15k End of May potential.Without any FUD out of left field, we are at a major junction cross for both support and resistance tracing back pre-2017 as well as current trend lines. If we can keep support up, get some positive BTC vibes in the media, and maintain growth across alts, I believe we can hit the 15k mark by mid summer (if not by end of may).
Fo-shizzle, my-nizzles. Bitsizzle.
2 Patterns from 17kWe are only two successful patterns from 17k!!
In the next week:
First, I expect a rejection to retest today's log breakout:
9000 is a strong resistance for 3 reasons:
- Round number effect
- Fib 0.5 will encourage shorts
- On level of March 22nd high.
There were very strong bullish signs in the last week, and we can expect a battle for control at 7800-8000.
In the coming 2-3 weeks:
Obviously nobody knows where the market is going but sentiment is that the bulls are clawing back control. I am inclined to say we are heading towards the formation of an IH&S, once again retesting 9000.
If this formation is successful we can expect to revisit 11400, forming an Adam & Eve pattern from this entire year's action. There will be a lot of sideways action around key resistances but the confirmation of today's log breakout will embolden bulls and intimidate bears.
In the next month:
As price continues to rise and bears adjust to the prospect of an incoming bull market we will see greater momentum. If the A&E is a success we can expect 17000+.
Disclaimer
From Bulkowski's Encyclopaedia of Chart Patterns, the IH&S would have a 74% chance of success and the A&E 66%. Combined, we have a 50% chance of reaching here IF the price rebounds from the log support. I am not making any buy/sell recommendations, but I will be following this as a basic plan. Play carefully until the formation of the H&S, and place conservative stops before each point of interest. Always wait for pattern confirmations and it's always better to take no action than to place a trade if you're not certain.
We are only two patterns away from success, let that sink in!
Any suggestions or commentary are welcome! You might save me some money. Cheers!
Strat will be one of the next coins to pumpfollowing ADA and XVG, strat will be one of the next coins to pump.. targets are green lines
Uptrend Channel + Resistance levels to break + Partnership News We are clearly in the uptrend channel.
Need to break through a few resistance levels, but the momentum should build leading up to Partnership announcement.
Speaking of which, if I had to guess, I would say the Partner is PayPal (based on some fact, but guess is pure speculation). And the German bank issuing debit cards, I believe is Commerzbank.
**Not financial advice
CRITICAL POINT FOR BITCOIN-BULL CYCLE?Let's discuss about these extraordinarily identical patterns. I'm not really into making correlations to past events but it's clearly visible that we're experiencing a flashback to 2017. The first chart is as of now and on the second one you can see the correction on 2017 and how the bull cycle started on 2017-september.
You may say; well, that doesn't mean it will happen the same way. But it did until now. Look at the highs and lows I mentioned on the chart and and even check what happened BETWEEN them. Do you see that even those parts between them match perfectly? Except their speed and strength. That's what changed now. We were all the same back then,what is changed is the strength of our emotions.
Well, everything went perfectly with the previous chart-and according to it,we're in a position where everything could shift back to where it was, as it always did since the beginning. You must have noticed that even your favourite traders say they are confused and occasionally refuse to do short term trades, or just get wrong? Yeah, those big guys. That's the first time they are confused. Because the market is confused. Clearly seen by the obviously low volume and consolidation here and guess what, when you go on a telegram group and look at the conversations on 20-25'ish of September of 2017, you can see people saying how bitcoin will dip even further, how it's about to death cross and how btc is dead-just when btc started its bull run until we've seen 20k.
If you noticed,this last wave is still the same as the last wave on the second chart(just a slower one),you can see as the lows of those two waves look alike. If the charts continue to act in the same way,we will probably start the bull cycle in days matter of time at max. But it might not be clearly visible until it forms up. We'll know when the price starts increasing steadily.
Let's simplify this. The market doesn't have a switch with Bull and Bear buttons. Maybe thinking of it like a slow phone would help. Well,turning it off could be fast. But when you try to open it, it will take time to reset all the software and get it running. We might be that phone. Who isn't? We are completely off now(finally) which means we won't be volatile until someone turns us on, and somebody has to turn us on(literally). Once we have that push in maybe days,max for weeks time, we will slowly regain strength and recover.
BTC: where is Lambo? BTCUSD
BTC failed in the rebound. So where is my Lambo?
Keeping it simple
1. BTC tried several paths to cross the downtrend line . But invain.
2. Latest rebound also failed at 0.5 fIb
3. The logical bounce area become 8220- reverse 0.5 area
4. However BTC is again in the perpetual Bear Flag formation excercise.
5. So it might go little far off between 0.618 and 0.5. Potentially around 8117
6. Less likely to hold 8300-835, but if that happens we fight at 8600 again. Will update accordingly.
7. In any case the redline should not be crossed, long term uptrend. That will crush my lambo, we will plunge into a long term bear market
Will update after the bounce, potentially to reasses if we are going to retest 7900~