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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.
COINBASE:LTCUSD
by stewdamus
6
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.
COINBASE:LTCUSDShort
by stewdamus
10
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 .
BINANCE:LINKUSDLong
by SmokeManMedici
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.
COINBASE:LTCUSDLong
by stewdamus
6
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
Long
by 6Shooter
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
COINBASE:BTCUSDLong
by regalia
13
LTC King Price Predictions - March - No Bullshit Just TA Hi Trading View Family, Hope you all are doing well. I am planning on being more active on TV. The reason why I started posting in the first place was to be an honest reference in the market. I think there are more Jake/Logan Pauls on tradingview than it needs to be :P I guess that is the trend of the internet, entertainment, ego and drama. When I first started I watched Sean_Vengan and the like, they posted really retarted TA's (IMHO) yet at the time was a consistent top analyst, now he has fallen into obscurity. Not to mention his ban. Yes, TA's are meant to be taken at your own risk, but unfortunately, people follow TA's being posted, real money is being made and lost. Sadly the latter is truer when TA's are EGO driven vs. properly educating the market. I am careful when I post my TA's because i know real money is on the line and you can be 100% confident that I put my money where my mouth is, thus, you all can have confidence that I take the time to draft out and think of various options the market can take. All of my buys points have triggered on both BTC -3.90% and LTC. Both charts have played out perfectly on calls i have set weeks prior to the drop. Feel free to review and follow my updates on my previous LTC TA tagged below where i perfectly drafted the lines and called the market pricings. For our current TA: I drew the initial downtrend line on Monday with 0 adjustments (While I was hosting a TA lesson with my group). The market has followed it perfectly. So what we can expect since the RSI is oversold on the 4 hour chart is certain level of price rebound. We can hopefully expect a 20% bounce if we continue to head further south. If the market wants to hit oversold on the daily RSI which it seems like it wants to do we can set up buy positions at $120 - 105 range which i think is the market bottom (two weeks from now). Reviewing the previous oversold positions on the 4 hr -0.36% chart the average bounce has been a minimum of 20% which i think is a very safe number. I do not think the market is yet ready to enter a full bullish trend yet. Probably closer towards the end of the month or the start of April. Right now with this market we can expect bearish trends within the next two weeks and some positive uptick once the market has been oversold on the daily. I will continue to post on this idea and LTC is still a solid investment for long-term. DROP A THUMBS UP, COMMENTS, AND A FOLLOW IF YOU LIKE MY STUFF. ALSO ANY QUESTIONS OR CONCERNS FEEL FREE TO ENGAGE WITH ME PRIVATELY OR IN THE COMMENTS BELOW. HAPPY HUNTING, Regalia
COINBASE:LTCUSDLong
by regalia
17
OMG, ETC - It's beautiful, Just look at it! Ethereum Classic!Insert Ed Bassmaster here saying "Oh would ya look at that?!? Just look at it!" Let me take you back in time. It was 9 days ago, it was the time of the Hardfork when people we're saying TA doesn't work when their is a fork! And I said, "Just look at it!" in my Ed Bassmaster voice. My argument was that the fork was factored into the price of the coin, and the price of the coin goes on the charts, and those charts can be analyzed. I then proceeded to lay out targets for my short position I was taking on ETC post-fork and they went as follows - Short term targets - $26.33, $24.98 Head and shoulders target - $15.50 And WOULD YA LOOK AT THAT!?!!?! ETC traded to within 6 cents of my target that I put out 9 days ago when the coin was trading above $27. It's not even just that my predictions are hitting my targets, it's that they are hitting the targets and then showing some kind of price action right @ those targets before making their next moves. JUST LOOK AT IT!?!? Would ya just take a look at it? Is there more downside to this coin. The possibility is high as it looks like BTC has some more downside and when BTC has downside, the rest of the market does too. I'll get an updated analysis on ETC to you guys if you would like one... show some support please by liking my charts and following me. In the meantime I just wanted you guys to come on over here and JUST LOOK AT IT. No need to congratulate me or thank me in the comments. I'll do it myself.
KRAKEN:ETCUSD
by CoreyAvery
6
Move Over MagicPoop, the Real Wizard is Here. ETHEREUM!@MagicPoopCannon is a legend here on trading view... but the time has come my friends, for him to be replaced by the apprentice he didn't know he had, CoreyAvery! One week ago, my friends, I posted a chart on Etherium, appropriately titled "Beartherium". Within that master of a chart breakdown, I predicted a head and shoulders target of $598. At this very moment, we are consolidating and possibly moving PAST ... exactly at my target... WOW! If you have been following, you'll see that I post a chart, and the market adheres to my predictions... what a beautiful thing! If you're not following, make sure to do so because my profile is where the REAL MAGIC happens. This is not an analysis, I've been posting them left and right, but this is me staking my claim as one of the greatest trading view traders of all time! @MagicPoopCannon, thanks for all you've taught me, but it is time for you to step down as I am here to take the reigns! Follow me for more masterful charts and predictions. Wow!
BITFINEX:ETHUSD
by CoreyAvery
1
A Technical Look at Bitcoin and Possible Downside - BTCUSD!This is not a prediction. This is rather a gathering of information from my analysis of patterns, trend lines, fib levels and more. The bitcoin market has been very bearish as of late, forming on bearish pattern after another. Most recently, we completed my upward trending head and shoulders pattern that I didn't see anyone cover on Trading View other than myself. Around the same time we confirmed a nasty double top, and after several tries to break back above that line, Bitcoin has failed and continues to move lower. We have now broken out of (to the downside) yet another bear flag pattern. When I see bearish patterns within bearish patterns within bearish patterns that are all succesfully break out to the downside, that is obviously a VERY bearish sign for me. Until I see a significant sign of a bullish reversal, I will continue to be a bear in this market. It is my opinion that we will see further downside, and I just wanted to through a couple numbers out there of likely targets that we may see on the way down. Target #1 - approx $7,250 - this is my original head and shoulders target formed on the rising blue neckline. If I've learned one thing recently, it is to stick to my guns and targets until I see otherwise... So I'm sticking to this one. Target #2 - $6534.6 - derived from fib based extension tool - confidence level - medium to high Target #3 - $6k - February low If we get down to $6k I definitely expect to see some strong buys come in. This could help define it as a bottom, but we can't rule out the possibility of going lower, which leads me to my next target.... Target #4 - $4,908 This can be invalidated at anytime, but I will not be bullish until we break out of the larger inverse head and shoulders pattern as outlined by many others here on trading view. With the market sentiment though, and BTC's inability to break out above key levels, my bias is to the downside for now. Enjoy guys and good luck. If you get anything out of my charts or analysis' please comment, like, share, follow, etc for updated charts throughout the week!
BITFINEX:BTCUSD
by CoreyAvery
The Game of Charts...BITFINEX:BTCUSD Welcome, all my crypto lover friends. Let's get straight to the TA. It looks like the inverse H&S pattern has failed (for now). The moment when we thought that we are out of the bearish territory, we got dragged into it again (probably by Mt Gox). The four hour BTC chart says that we are not out of the bearish territory yet, but, we will be soon. From the past two days, BTC has been swinging in the price range of $8300 to $9700 (two Orange dotted lines). BTC was way below the 20 (Red) and 50 (Orange) EMA but it's catching it up at this moment. And yet BTC is much below the 100 (Dark Blue) and 200 (Sky Blue) EMA. Having a look at the volume(Pink ellipse), it looks like BTC has more trading volume in the past two days than the past week from March 1st to 7th, which is a good sign. Also, the RSI level seems to be increasing and it's above fifty percentage at this moment. Besides this, BTC is having higher high than the previous. All these could be a sign of a bullish trend, but the important thing to remember here is, we are still in the bearish channel, which BTC has followed from the beginning of this year (shaded portion). Right now, BTC may rise form here at a certain level, may touch the 100 EMA, but it's likely to return to the bearish territory and test the support level around $7500 (the lower red line or the green line channel) if the trading volume decreases as of now. I think, BTC is going to rise until the RSI level reaches 80 percent, but then again it will fall hard this time and test the lower support level (Green line channel). This could be due to the Mt Gox. Let's call it Goxish behaviour of bitcoin which we may see in the coming hours. This correction in bitcoin price will be a significant one and after this, we may see the slow bull run of bitcoin. 'Slow Bullrun', because apparently if you see it looks like BTC is moving sideways with some ups and down, but, gradually moving it's way up and once it grabs that pace, we are on our way to the moon. Always bullish on Bitcoin. All hail Bitcoin. Hope for the best. May the odds be ever in your favour (while trading too). Please follow, comment, like, and share on social media. Good luck trading everyone! *This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*
BITFINEX:BTCUSDLong
by AbyZee
VEN/ETH - 03.02.18 - Swing Trade Buy OpportunityHi folks! We got VEN/ETH here. BTC looking to trend upwards, supporting bullish indicators. Long term VEN has completed wave 1 & 2, and has began its pivot into wave 3. Re-branding and price manipulation led to a rather short wave 2 correction. We have entered into a large bull flag as we break into, what we hope is, our wave 3. Consolidation followed buy a bullish outbreak from the wedge formation would further confirm a wave 3. Hodl tight
V
by theleongd