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Whenmoon

New TrX Chart, Sorry about the last chart. I am new at publishing my ideas. the last one had rsi and macd, which i dont even look at any more and it took up so much space. Ontop of that, it only showed the last month of data. My intent, is for this one to show the bigger picture i See, so you can zoom in to see smaller things. Ok, so the basic idea is that the yellow lines are just basic major lines of resistance and support. I don't look at new/recent data to put lines, i generally prefer to look at data from 1+ months before to see where resistance will be, then looking at recent data for possible confirmations In my opinion Tron/TRX generally does not follow btc unless btc is on the edge of falling off a big trend. I saw tron dip the last two times almost based on its own TA. Now we have BTC going up and TRX going down. This reinforces the idea that Tron is going off its own TA. With the announcement later, possibly it will drop before it goes back up again. Any drop before or at 716 looks good to me for TRX to roar back up and possible fight around the 1k range again. But a retracement to the .1 (644 sats) will be even better. There is no real resistance in that area, and i believe that will give people who want to buy at the time (bulls) a good buffer space to safely accumulate and help generate steam on the movement upwards. Based on the fibs, we are in both .25-.5 retrace areas. It is hard to say what will happen with the release. I never expect anything good, because big events are always easy ways to make money. I am more concerned with Exchange additions and hard forks as ways to make easy money. BUT I believe it will continue downward. 716-740 is my next bounce zone to test,. this means that i believe it will bounce and go up a reasonable amount (~5% at least) in order to retest new resistance/old support. Though looking at both fibs, I would prefer seeing buys at 622-644 for a long term buy.
by TrendLINEBoys
LTC consolidating - noobs don't panicMy 2 cents: I noticed this pattern on the hourly. Lowest point bounced right off the .382 fib line I drew yesterday, so could be a good buy since it looks like it's in an hourly falling wedge. I would say no need to panic at this point. We're consolidating after a big move here. Watch out for the 4h MACD as it might cross bearish. Daily MACD/RSI look great on the other hand, although daily RSI might reach overbought soon. (I have come to realize that "overbought" and "oversold" in crypto lies more at 80 and 20 on the RSI, rather than 70 and 30-just food for thought). Levels to watch out for are: 237 resistance from recent high 250 resistance from fib level, and based on my long upward trending parallel channel. A break out of that should be a nice buy. 275 resistance from fib level-psychological resistance. 321 -long. If you sold the recent top I congratulate you. Hopefully you bought BTC or something else that is doing well today with profits, but be careful, LTC aint done yet ;) I am a noob at this still, so don't take what I say as trading advice. This is mostly for fun/personal trade analysis/learning/collaboration with you guys. Give me your opinions on my analyses and I'll give you mine.
COINBASE:LTCUSD
by jbutler7
btc analysis, just my opinionThis is not the prettiest inverse head and shoulders I have seen.. but it does seem like we have broken through the neckline. ( The right shoulder just doesn't really look like a shoulder so I'm not sure about this) First resistance and maybe a bounce back would be at the top of the small channel btc is in right now. If it breaks through then next resistance is the bigger down trend resistance. Once it breaks through there then the correction is officially over in my opinion.
BITFINEX:BTCUSD
by christian2001za