Ascetic_Rising

Ascetic_Rising

Hint: There is no longer any incentive to produce it.

Ascetic_Rising

Looks like Bitcoin may be starting to get a bit jealous of Gold's latest moves. 'With global supply-chain collapse imminent...Bitcoin is about to show his big bro (gold) what he's made of.' Time will tell. Looking primed to zoom past 10,5 resistance this time.

Ascetic_Rising

Quick comparison here between BTC/USD and LTC/USD. This comparison takes LTC's halving-price-action into consideration. I would actually prefer this to be wrong so I'm just throwing it out into the universe/tv-land. This one honestly doesn't take into account the possibility of impending global supply chain doom followed by moonshots of safe haven assets -...

Ascetic_Rising

This is the mind of a bitcoin-price journalist. Someone out there must already be on their 4th cup of coffee for the day.

Ascetic_Rising

This is a message from the past. A couple quick visual notes to suggest a slight resemblance between these two assets and where we may be headed. My guess is that things will get very interesting once Gold breaks the $1,560 range, but who knows. As always, be sure to check yourself in to the nearest ward before consuming this as 'financial advice'. Maybe I will...

Ascetic_Rising

Don't sleep on Digibyte. I'm expecting 1 last drop to the downside before an explosive move to about the $2.85 level. Sharp correction after that and then one last impulse up to about the $6 mark before it starts to cool off. One of the best looking charts in crypto imo. Digibyte will attract the masses - it is only a matter of time. Digi(buy it)! (This...

Ascetic_Rising

This is a rough sketch 1st Target: $38,888 EOY Retrace back to $20,000 2nd Target: $64,000 Retrace back to $48,000 Followed by a parabolic rise to $350,000+ From there, I have absolutely no idea. This is not financial advice (Are you kidding me?) Yet it might be just where the winding road goes... Time will tell Good luck out there

Ascetic_Rising

Just a guess (NOT trading advice :)

Ascetic_Rising

LTC appears to be on track for ATHs by EOY Could we see a 10:1 LTC/BTC ratio by late 2020? Time will tell Happy TV time **pure speculation, not financial advice**

Ascetic_Rising

The first time LTC reached this level, LTC exploded. Will Litecoin make Lite of previous 'overhead resistance'? Buckle Up.

Ascetic_Rising

Hello all, I just saw the big drop on BTC today. I then pulled up this TView chart and noticed that Bitcoin respected the bullish parabolic trend of 2019 (so far). We could obviously go much lower, but I thought I would post this, as I had this simple trend line drawn in before today's drop - Will it hold? Time will tell

Ascetic_Rising Updated 

Bullish fractals are appearing on BTC/USD. If this assessment is accurate, the magnitude of the next move up will be much more intense than the last 10% move the the upside. Time will tell Happy TV Time

Ascetic_Rising

The first time Litecoin reached these levels, the price jumped from $114 to $350 in 1 week. (December 2017) I'm not suggesting this will happen again. This is merely a basic observation that may be worth paying attention to. Check out my last idea - it is playing out as well (so far). LTC may be on track for $1k+ (not a whole lot of overhead resistance) Time...

Ascetic_Rising

Maybe something like this? This is assuming BTC goes parabolic over the next few years (100k-280k btc by 2022) This would allow some time (months) for LTC to slowly fall outside of an up-sloping trajectory as fomo starts to kick in progressively for the BTC halvening As always, this is not financial advice, just darts on charts

Ascetic_Rising

It looks like BTC has just mirrored a move it made back in March. This might be best described as a bear-market rally. This COULD indicate that we have yet to see a double bottom with BTC. I will keep this one short and sweet. As bullish as I am long-term, some (short-term) patterns just can not go unseen. As usual, this is not financial advice and this is not...

Ascetic_Rising

Let's zoom out a bit, shall we? Let's take a look at the World of Litecoin. Wedges within wedges within wedges... This is not TA Experts should probably avoid this post as it may be hard to resist scrutinizing me for pointing out the obvious For TA fans - Here is Bulkowski's Ascending Broadening Wedge: thepatternsite.com It took 329 days for LTC to...