After we absolutely nailed the short i believe we will finally see some selling relief. Big opportunity for a pop today and into early next week before we resume this massive bearish correction. Looking for some cheap weekly/monthly calls to take advantage. Linked the old chart for the massive drop we nailed:
Huge sell off on tap again. 2714, 2722ish and 2730ish is big resistance. I expect another massive sell off. It will 100% go test what was gained from this weeks low before any chance at new All time Highs. Short this pig.
Upside limited. Looking for short entries at what was lost to get to the lows this week. It must test what the weekly lows gained. Popping to drop again.
$6000's definitely possible below this 9300. Untested leg start / where move really started from is down in the $2000. Not calling for that low but it's possible. Just some things to consider. No position right now.
Huge day. Buying 2718- 2723 for a scalp long. Back to 31-33 & 38-40 first target.
ES hitting support. Looking for a quick long up to test somewhere between 2766 - 2774 before another epic drop.
Begining to fade this LTCUSD drop as long as the price holds above $71 with expectations of a rally up to test what was lost from the highs
Long 10480 Will add just above 10050 if required. Looking for a clear break of 11500/11700 first. POP IT.
Shorted 65.86. Looking for 65.2ish today. Will short heavy at 66.3ish if it prints first.
After absolutely crushing that BTC short we are now looking for last weeks LOW to hold. Expecting 14k-ish as long as the low holds. See link to previous short :) ()
Expect selling on the first touch of support that was LOST to make yesterdays low.
Wedges are great. But it's also a great way for Litecoin to build up momentum to make a new high. Fundamentally, the coin is undervalued and under appreciated. There are many instances where it can heavily compliment a transition from fiat to crypto... But we can't see that with the chart. I see this past week as only accumulation. As soon as the forex market...
Bitcoin is still clearly bullish and the pull back from the high would have most likely been just year end profit taking. For some of you early bitcoin buyers to buy your space ships and Teslas. Due to the hype and popularity of Bitcoin towards the end of 2017, the limited supply, and the extremely high demand; it's highly unlikely that we'll see $12,000's for a...