Very dubious SHIB PathWas curious if we could see a specific pattern that has been documented several times in the past called, "Livermoore's Speculative Chart" - This is very speculative and by no means do I believe that this will happen with certainty, but it does make me curious if something like this will play out. As much as i would like to see SHIB soar to that Magical .01 cent level, i know that the Market Cap would have to be higher than the entire crypto market, which is not realistic (At least in the near future). However, could i see it going to .00045? I think so, especially if BTC goes much higher in market cap. Even if it is for just a short period of time, i think we can see .00045. What can i say, i'm a cup half full type of guy. If we do reach these levels, i was thinking of many different ways it could go up from an analytical perspective and though, what if?.... Well here is a path i think SHIB could take. Coupled with many more catalyst on the way i can see a pump to a minimum of 0001.
Livermoreanalytics
LTC/USDT : 2 major factors that makes LTC ready for new ATHBINANCE:LTCUSDT
Hello everyone 😃
There are two important factors that makes LTC extreme bullish for next month !
1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART.
2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase.
As we mentioned on our last analysis about BTC and ALTs; this month will be great opportunity and now LTC is one the coins that have enough potential to over perform BTC...
1️⃣ LTC has formed a rare bullish pattern that it confirms 230% growth based on LIVERMORE's SPECULATIVE CHART.
Recently we recognize that LTC movement is so similar to LIVERMORE's cylinder pattern; Now we passed the accumulation points and next point will be at profit zone !
So now; What is LIVERMORE's CYLINDER PATTERN ?
Jesse Livermore was a speculative trader who based his investing decisions on the price action rather than on the stocks fundamentals.
Jesse was from the first halve of the 1900s where the market participants of the day had little understanding of the fundamentals.
Their investing philosophy was gambling oriented and they simply speculated on price increases.
📌 Based on LIVERMORE's chart; LTC will have 3 more highs in incoming months.
However LIVERMORE's chart was based on traded volume but we can calculate the average direction of it !
2️⃣ There is a repetition on LTC/BTC pair which is currently on bullish phase.
On monthly timeframe; LTC/BTC have a same scale of movement on 2017 !
Last time that BTC underperformed LTC pair rallied up to 580% in 3 months...
Now BTC is underperforming LTC again !
We expect another aggressive push in next month on this pair and so; We might see same result on USDT's pair.
Hope you enjoyed our analysis about LTC's possible new ATH🙌
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
🇺🇸| 🇨🇦 Livermore & Target for Drop CANADIAN DOLLARHello friends. Want to share with you my observation on USD/CAD mid term view.
Found on the google images Livermore Accumulation Cylinder.
Actually many times before I've noticed this pattern on other hype-fib moving assets, such as crypto.
Will see how it will goes.
I see target at 1.35
This is only for speculative purposes.
Stay tuned to Artem Crypto.
Stock Pick - Power Root (7237)Power Root may soon test the RM2.24 resistance level. With an RSI above 50%, a bullish bias may be present above this mark with target prices of RM2.40 and RM2.50. Meanwhile, it may continue moving sideways if it fails to cross RM2.24 in the near term. Support is then anticipated at RM2.08, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy upon breakout above RM2.24
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