Predictions
Analyzing Fractals on LTCEUR 2018I've been studying fractals on LTCEUR for a couple of months and for what i see, I believe the cycle it's on its way. You can check the fractals reflected by color, supported with same curve in different scale and proportional lapse time. If everything goes has its going, December will be a comeback :P ... Finger crossed. Cheers..
The Game of Charts- short term price predictionsBITFINEX:BTCUSD
Chart speaks louder than words.
Thank you for checking out. If you liked short term price prediction, please like and share it. Feel free to comment what yours price predictions are...
Hope for the best. May the odds be ever in your favor.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
1st Critical look on a June Bull run and a July correction#poe
This is a very important chart to look at. A couple things we need to observe fairly quickly. We can see that the 4hr compared to other coins have been fairly level on the RSI and has not yet hit any BIG bumps. So either there are strong selling pressures or most people buying the coin are hodlers.
ONE VERY VERY critical path we need to see on is the daily charts. We have hit the current support level of 380 Satoshi. We can expect the 1st rise towards our T1 target of 425 to be at minimum 10-15% ROI from our current positions as the MACD looks to come up to the median trend line.
Our T2 target can be a bit higher and more aggressive but i would like for us to hit T1 first before making any longer assumptions. I am cautiously entering this market as the bulls can fake us out with so many TA's and articles calling for a 6/6 rise on BTC (my personal analysis stating the same conclusion). The goal of this trade analysis is for me to continue drawing a development on POE and studying the market patterns of what will make it successful.
If the T1 targets hit I will share my T2 targets moving forward. Trying to see market patterns and psychology in this one. I do have a lot of optimism for this coin and can expect anywhere between 20-60% ROI within the coming month. So positioning a LONG TREND buy is not a bad idea here. However again....to build on my long term btc idea any trades i am playing at the moment will only be played out until the 1st week of july and i plan on liquidating all of my positions into fiat.
BTCUSD upward momentum expectedTried to keep it simple, Still think Long. Passing the top resistance entering the green area would give some confirmation, bullish behavior is expected there. Still possible we go down into the red and through orange a few stages a bit before this will happen though.
I believe we will get there.
Let's see...
Some pullback on BTC in the coming week(s). Then all systems go!Well, in my last post I had identified a H&S that we were watching to see if it played out. It did not. Bears failed to break the neckline. Failed H&S patterns tend to reverse bullishly very quickly. That it did.
What now?
Well, if you're a bull, waiting patiently to get in before we rocket off, you may have one more chance.
If you're a bear, I am finding it harder and harder to observe many significant bearish indicators.
What I have noted here on this chart is that BTC is currently engulfed in to not one, but two, bearish ascending wedges. These are to be distinguished from ascending triangles, which are very bullish. Ascending triangles have a horizontal top. Ascending wedges, which are bearish, have an ascending top. I am expecting that we might go a bit higher within each one of these wedges, but that withing the next coming week or weeks, we will break down.
If we fall out of these ascending wedges, it is still possible that we travel down to the 7.5-8k range which I predicted in my previous post if the H&S pattern were to play out.
Two more indicators that we are not fully bullish include: a failure to break 54 on the weekly RSI AND, on the weekly chart, we still have not completely conquered the BLUE descending trendline.
I'm not one to tell others how to spend their cash reserves but IMO, it's seems likely a better price could be offered to buyers in the next coming week or so. Try to ward off that FOMO. Hold tight. And wait for your best buying opportunities. I know this is hard, especially sensing that we are very near the end of the bear market and then all signs are GO. So, I don't blame you if you do buy here. I'm just suggesting that you might find a better price in the near term coming days.
Peace and happy trades all!
Everybody is bullish again. That's because their not seeing thisHi friends,
First of, I am actually bullish long term. However, short term we do still have some hurdles to conquer. For this reason, I still remain neutral to bearish short term.
So let's take a look at what I've got here.
You can see that Litecoin has fallen out of an important ascending channel (outlined in BLACK). At almost the same time, we also fell back under the 200dma. We're also under 58 on RSI, an important number as is 54, which we're currently just under and flirting with.
My suspicion is that little Litecoin just wants to kiss daddy 50 and mommy 200 one last time before a final send off into next year.
Be ready for that final discount window to open buyers.
Peace and happy trades.
S&P PatternI think we can fall as low as 2550 soon, but another mad, unhealthy , rush back up to 3,000 is not unheard of in this environment of thin air.
It would be best if we took a breather back down to the 2000 level, where more retail buyers would come back in, and maybe make a healthy charge to 3,000.
Otherwise, we can and will fall into the typical crash pattern - Ether may be nice to have at that point ;)
New Triangle and Death Cross Spotted for poor little LitecoinFriends, critics, foes. A few days ago I made the prediction that little litecoin would break out of that first purple triangle you are seeing here on my charts. That it did. I was confident that it would go up rapidly. Not so much. Here's what I missed and why litecoin is baulking a bit at this upwards move.
I knew the 200dma was ahead, however, because I am not an elite "PRO" member here on TV, I was not permitted to also have the 50dma indicator (a basic member restriction) on my chart. It was not until I changed my MA time frame that I noticed the 50dma exactly where the 200dma was ...and crossing! When a downward 50ma crosses and upward 200ma, this is known as the "Death Cross", a bearish indicator.
Additionally, I was observing that other analysist had been drawing another triangle on their charts. This one with a higher top than my first. I have drawn this new triangle on my chart. Notice how it also intersects exactly at the point of the Death Cross. I don't think I have to tell you that this is not a good sign.
I know that I was fairly bullish in my previous post. And I had good reason to be. I did make good money on this trade, however, I am redacting my previous statement regarding holding for the long term as I am now doubting whether or not this is the longer term bottom. I am also lowering my sell target to between $140-$150 with these newly discovered indicators. I do plan on selling in this range.
I will not become bullish again until we both break above this second triangle AND cross over at least one (preferrably both) of these significant moving averages.
Stay safe. Peace and happy trading my crypto friends.
Chain Link Ascending Channel PredictionsSo what we have here is the corrected ascending channel following the 3 month falling wedge . We see in the chart that the ascension is following a growth rate of 1% - 2.5% daily if the USD price follows the channel which it seems to have done so far. Over the coming days and or weeks we will hopefully see a price increase from .28 cents USD (at breakout) possibly to .60 - .65 cents USD by May 1st. Ill be watching the charts closely for the coming weeks and will analyze any changes that may arise following this ascending channel .
In T-3 days Litecoin will blast off!
Ok my crypto trading friends, you know that I don't post often here. But when I do something big is around the corner. This time is no different. In less than 3 days, I am predicting that little brother Litecoin is going to start his rockets and lift off. I don't make these calls often. In fact, I don't really like reading these ideas on TV because it seems so many noobs just like to post a chart and call for the moon. So this makes me somewhat of a hypocrite now that I am posting this. And I realize this. But I think you all should know that something big is right around the corner for our little brother. But sometimes rockets blow up. In other words, I could be wrong. If I am, we'll drop like a rock. I don't think that will happen.
Either way, I don't think I'll be trading this one. I've bought here and I'll hold for a long time now. If you are looking to trade, your first target should be $161-172. Above that $219. Higher than that is $258.
Peace and happy trading my crypto friends.
Bitcoin And Altcoins Reading The Tea LeavesYESTERDAY I WROTE THE FOLLOWING
What's going to happen with Bitcoin next? At this moment based on what's happened the last few hours it's kind of hard to tell. I would watch the resistance levels that are drawn on my previous charts. We blew right through 7400 which I mentioned in another article I wrote this morning before this explosion. Bitcoin touched the area of $8000. I would say there's certainly room for short-term pullback but you need to keep your eyes open for 11,600 as the next upside target. If you were already in Bitcoin this morning when it took off congratulations. For you, I would either take my short term profits or set a stop loss to protect my profits to this point on the day.
Keep a sharp eye on the price range of 7596 two 7804 either for a reversal or a breakthrough. Keep your eye on the Fibonacci Levels as well for resistance support, Fibs often come into play despite historical support/resistance levels. If we get a breakthrough to the upside watch the 8426 price level, and should we get through that I would look for us to reach 11,600.
THIS MORNING
Well, we blew right through the resistance at 7804 so now we need to focus on 8426 as a possible reversal zone/profit taking area. Watch the RSI and Stochastic RSI currently going overbought on the 4hr chart, and The MACD which is a slower indicator which is high but seems to indicate we have a little room to run yet.
If Bitcoin closes over 8426 then 11,600 is in play. My estimation is the 11,600 is a major resistance area and a point of high physiological anxiety for traders. I would definitely take profits here. 11,600 has been tested several times since the first of the year and failed each time. It will take major momentum to break this resistance.
This action obviously applies to holders of altcoins as well to be alert to BTC prices and take your altcoin profits if you are swing trading a portion of your portfolio in alts.
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
Little brother Litecoin heading to $127 ...and then a big bounceThe green trendline I've drawn extends all the way back through May 2017. It offers enormous support and will be tough to break. Once tagged you can expect a $5-10 bounce minimum. Easy quick cash for all interested in playing.
Peace and happy trades y'all!
BTC Trading Chart/Predictions - March - Early AprilHi Trading View Family,
Hope you all are doing well. My private group and I have seen the drop down to $7k through our daily TA's and we have loaded up :) Easy 24% from the bottom but I think we can squeeze out a couple more points in this market. The key thing in trading is not buying breakouts because that does not allow you to maximize your earning potential. The goal is buying bottoms when everyone is clamoring for further south! When you understand how far a market can extend itself you will be a very efficient trader with almost minimal risk. I have actually traded with a clearer mind during a bear market vs a bull (granted during the bull market i was making bank), but even now I still am. Its all about seeing how the market will move and cashing out when you can.
TRADING STRATEGY
The strategy for me is to capitalize on these consolidation phases (the 3 month bear market) which are the best times to make your money and accumulate coins since they tend to trade in a certain pattern. After a certain point, you will have more than enough FIAT to buy a lot of BTC (or alts) and HODL long towards $30-50k BTC hopefully EOY.
Right now my team and I on Telegram are well positioned and sitting at between 24-15% ROI in less than a week. Easy money. What we are currently playing is the rise towards $9.3-9.8k in the short term (one - three days) and sell off. Rebuy in the $8k range when the RSI levels off from overbought from the 4 hour chart.
Then from there I will trade north towards $10k potential. You won't be able to see this on the 4 hour chart directly, but what we can see is on the Daily. The RSI is entering median ground and if the MACD has some positive price actions we can easily expect $1-2k movement from this point for another 20-30% trade, to a fine tune of 40% within two weeks.
The time frame on the short term trade to T1 is fast (1-3 days). T2 will probably take a week or two to play out. If you ever study my previous TA's they have held strong and true for weeks on end with 0 adjustments. I don't have the need to post everyday and switch back and forth on my trade analysis (between bearish and bullish) like other top TA's on Trading View because my team and I can easily read the charts.
I will post more in-depth analysis on the T2 target point the closer we get there. Keep an eye out for another BTC post which I will share in regards to Daily and Long-term growth. So drop a like, share, or a follow. More importantly, I would love to hear your opinions, thoughts, or disagreements. :) Constructive conversations lead to a more knowledgeable community, I don't claim to know it all like other ppl here *Cough* MPC and D4, the tried and true quote stands, "THE MOMENT YOU THINK YOU KNOW EVERYTHING, IT'S THE EXACT MOMENT YOU KNOW NOTHING"
I hope you all are well and Happy Hunting! Remember to sell into profits and set your SL in profits why take losses at the bottom of the market.
Kind regards,
Regalia
ALSO, a lot of people have asked if I have twitter. Never had the need for one in my personal life, but its nice for Crypto + I can share my thoughts here vs on IG. For those of you who want to connect with me via twitter feel free to do so here: twitter.com