BTC D. against ALTCOINS D. ATLSEASON 2.0 COMING SOON !Blue quote - altcoin dominance, ( main chart )
Orange quote - bitcoin dominance.
Stochastic relate to the quotation of Altcoin dominance.
As you can see - technically these quotes is going to go in opposite directions to each other, which will mark the beginning of ALT-SEASON.
You can see a similar analysis technique below, with which I've identified the bottom of Bitcoin at 3500 $ this year.
PS. and remember - this is physics, like the water evaporates first, and then falls to the ground with rains,then it repeats over and over again, the same thing happens with money , so HOLD your altcoins, it's just the time to buy more!
Also you can see my previous forecast about - " Why I believe that ALTRUN will be and bitcoin will hit 100 k. "
Tothemoon
BITCOIN GOES ORBITAL: REVISED ESTIMATES - $50,000 IN 2 YEARSBased on recent price action and a clearer parabolic picture, I've revised my estimate upwards from $30,000 in two years to $50,000 in two years. Nothing in this post is a prediction.
Traders should be very very very careful with this instrument. High volatility is to be expected if it hits $15,000 or $18,000 - which could come by the end of the week.
I've not traded Bitcoin recently. It's one thing to speculate where price may be going, and quite another to put your real money on it! I wasn't going to take the risk. I'm not a gambler - end off.
Hats off to gamblers who made money. Enjoy. No - I'm not green at all. Yeah really!
FAT DISCLAIMER: This post is not intended to encourage anybody to buy Bitcoin or trade it. If you happen to be influenced and you invest or trade, your losses are your own. In other words, sue yourself if you lose your money!
#xbtusd #bitcoin - Broadening Wedge holding for nowDifferent technical analytic methods come to different conclusions. In my case there are a couple of reasons, why we have found resistance specifically here and why I think, we will likely be still volatile, but not break it up further before July:
1. Target 2 (Pivot R3) was hit AND yearly R1
2. Upper trendline of broadening wedge was reached
3. BTC extremely overbought
4. Fast paced market dominance jump followed by harsh cool-off
5. Monthly Candle-Close ATH reached (probably the most important)
All this was followed by profit taking + shorting resistance levels + tight long stops triggers.
Number 5 is functioning as major break-out level and will restrict the way up, anything above this on a Daily would cause more $20k fomo. Remember, Bitcoin retraces likely between 30-40% in runs before breaking-up and rising even faster. We have a new July Pivot, if we close somewhere here, around $11.4k which is near the old break-out level. That area looks like a good swing support to me. These swings are likely going to take place within the Support 1 and Breakout-Level. This plans are adjusted, in case one of them breaks.
*Always set stops. Dyor. No financial advice.
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BitMEX Ref-Link for 10% Fee Discount the first 6 months: www.bitmex.com
2019: THE YEAR OF BITCOIN CASH pt. 3In part 1, I analyzed the market caps of Bitcoin Cash 2019 to Ripple 2017
In part 3, I'm analyzing the price action of Bitcoin Cash 2019 to Ripple 2017
BCHBTC 2019 = XRPUSD 2017
1. Same pattern: sell off into M pattern
2. Identical 200D EMA
3. Identical 200D EMA breakout and breakdown
4. Identical 4 touch support found
BCHBTC 2019 = XRPUSD 2017
Next move: a ridiculous breakout
T1: .09
T2: .14
T3: .17
BCHUSD Elliott Wave (Coinbase)Coinbase:
When Wave 3 is less than 1.62, the 5th Wave overextends itself.
From research, the ratio of Wave 5 will be based on the entire length from the beginning of Wave 1 to the top of Wave 3.
Extended Wave 5 = either 0.62 x length
(beginning of Wave 1 to top of Wave 3) or = length of
(beginning of Wave 1 to top of Wave 3) or = 1.62 x length of
(beginning of Wave 1 to top of Wave 3)
T1: $401 (support)
T2: $508
T3: $681
BitTorrent! I Like What I See! 288%So far, BitTorrent is presenting itself as if it's started a new market cycle. You know what that means?! .... $$$$$.....
For confirmation, we NEED to see:
1. A bounce @ 12 (wave A) to hit 17 (wave B).
2. AND a complete re-test to 9 (wave C). (If we hit targets 12 & 17 then, 9 is highly likely to hit).
@ 9:
1. 2D MacD should be fully below histo.
2. The histo should be showing the largest red bar.
3. The next bar in the histo after hitting 9, should be pulling back and turning pink.
4. The MacD should start to converge and show signs of crossing (possibly @ 12).
5. RSI may be touching 30
IF all the above occur, it's a perfect storm! We could see a fantastic moon shot to 35! 288% PUMP
DON'T KNOW ABOUT YOU BUT, I'M READY FOR A TRIP TO THE MOON!
Litecoin Launching Debit Card to Spend LTC Like Regular CashThe Litecoin Foundation has announced a new debit card. The soon-to-be-released, special edition card will enable users to spend their cryptocurrency either online or in physical store locations, anywhere in the world where major credit cards are accepted. The card will support Litecoin (LTC), Bibox Token (BIX) and Ternio (TERN).
The special edition Litecoin BlockCard is a collaborative effort by three crypto companies: Litecoin, Bibox Exchange and Ternio. It’s developed for everyday shoppers and spenders who want to use crypto like cash.
According to the announcement, US-based users will be the first customers and Bibox Exchange will act as the custodian of users’ funds, leveraging its $200+ million worth of crypto trading volume to help route the deposits and spending for users.
“The special edition debit card will first be released to United States residences and soon after for non-US customers. Bibox Exchange and the Litecoin Foundation will integrate the debit card directly into the Bibox Exchange and LoafWallet – the official Litecoin wallet. Users will be able to access their cards directly within these ecosystems, giving them instant access to spend.”
Litecoin creator Charlie Lee says the new card will help propel LTC as a mainstream currency for travel, hotels, retail, services, entertainment and shopping.
“Leveraging Ternio’s BlockCard platform with Bibox’s exchange engine gives Litecoin holders unparalleled access to use their LTC at merchants around the world.”
Litecoin says it will contact US-based customers in the coming weeks for instructions on how to register for access to the card.
Bitcoin - Buy every bottomHello dear traders
Probably everyone has already realized that Bitcoin is aiming the moon.
I am a person who trades on trend and recommend it to you too.
You can shout a lot that bitcoin will end and it will soon go to the bottom, but judging by the analysis of cycles, Bitcoin will reach the bottom maybe in 3-4 years. The bull market is just at the beginning.
And each drawdown as it was yesterday is an opportunity to buy bitcoin cheaper.
The capitalization of the market is growing, the volume of trading is growing, stablecoins is getting bigger.
Countries are increasingly talking about cryptocurrencies. In general, the industry is developing and everything is still in front. No one is going to die, but only those who say that you are going to the bottom. At the bottom you will stay.
Of course, I don’t want to be so optimistic to say that we are going for $ 1 million, but if you think about it, any good news about cryptocurrency strengthens the opinion in people’s mind that cryptocurrency is a reality that cannot be avoided and moreover cryptocurrency has to be adopted.
Technical analysis
We can see a clear up trend. And we are moving in this channel, below this channel I showed two trendlines coloured in blue. This is the maximum to which we can fall and after that we go up inevitable.
At the top we have a strong Fibonacci level of 38.2 at $9,500
If we break it (I have no doubt about it) we will reach the next psychological level of 10k which if we break it we will go to the next level 50% 11500
Best regards, EXCAVO
Estimated Tothemoon Model. $150K in 2022Welcome to advanced Tothemoon analysis!
Well I did something) The estimated Tothemoon model.
This is an example of how you can use the fundamental Bitcoin metrics along with simple proportions and drawings. And without any H&S, gartleys and butterflies. Okay, I'll tell you briefly what I've done.
Used tools:
1) Cost per Transaction ( $/Tx , miners revenue divided by the number of transactions)
2) The blue line represents Bitcoin's ATH price
3) The black line represents ATH $/Tx mapped to the corresponding price on the chart
4) Bitcoin Halvings (the dates are shifted because the time scale doesn't contain such dates)
I made several conclusions that may seem obvious, but still:
ATHs of the $/Tx and price happened at the same time .
$/Tx starts to decrease after a new ATH price was reached.
A new $/Tx peak will happen in the middle of 2022 .
The ATH-to-ATH price movement can give about 600% . Each new ATH-to-ATH gain is approximately one-third of the previous gain.
The price starts to grow up after each halving .
The price crosses its ATH levels after each halving .
So, we cannot be sure that the previous ATH of $20K will be reached before the 3rd halving will happen.
The periods that are needed to pass ATH levels after each halving look like an arithmetic progression. For the 1st halving it was about 4 months , for the 2nd - 8 months . Thus, for the 3rd it can be 12 months .
The 3rd halving's growth will be 900-1000% approximately.
We can expect approximately a 2-year growth after the 3rd halving.
According to the model the price can drop again in the nearest months of 2019 .
And then it will continue to approach the ATH $/Tx level. There can play positive news about Bakkt and ETFs.
Bitcoin will reach $100K in 3 years.
The estimated target at the end of the 3rd halving cycle is $150K .
You can see all of this on the chart.
Good luck and Happy Trading!
LTCBTC - The biggest H&S I have ever seenIf that happens LTC and probably most Altcoins will give away most of their value vs Bitcoin.
In that scenario, Bitcoin is going to move into that Hyperwave some experts are talking about.
I don't know, but to me that means, Bitcoin could one day be worth so much, we can not even think of that number..
Euphoria is back. Poor people waiting for 4200.
10k next.
LTC CUP AND HANDLE PT2LTC has been looking like there is a cup and handle pattern and has an objective of $180 which is 2x the current price. so if you invest $10K you will turn out with almost $20K which is pretty cool.
The handle looks like its rising which is a sign that we are almost here so buy in now!!
Anyway research this on your own time do not just jump in! dont take my advice seriously just research it! I strongly beleive that a cup and handle is here.
TARGETS: $180 $220 $350 $440
RESISTANCES: $100 $156 $180 $220 $350
SUPPORTS: $85 $75 $65 $55 $49
ADAM AND EVE SPOTTED?BCH(Bitcoin Cash) is currently $340 from $300 and is very...very bullish atm i was studying the charts and i spotted something that may be a bullish Adam And Eve
what is an Adam and Eve? it is a double bottom.. usually after a adam and eve is spotted an uptrend begins.. there are invert/bearish adam and eves but this is bullish
what do you think?
BCH is looking very bullish. id buy in it
but dont take my ADVICE SERIOUSLY research it!
RESISTANCES: $350 $380 $400 $450
SUPPORT: $320 $300 $280 $250 $220
Have a great day!
#Litecoin $520 December 2019 (Forecast to 2022)Let's try to evaluate the future picture of the Litecoin price by fractal repetitions.
Go back in time and look for similar situations.
Copy the movement and calculate the estimated height.
We find a similar movement of the flat.
Copy and paste it.
Copy maximum momentum.
And calculate its estimated height.
Let's sum up
December 2019 - 520$
2020-2021 - Flat
Year 2022 - ToTheMoon At least 3500$