I show you and you be like "oh so simpo" macd is at all time low BTFD
Quite the pullback. OBV is still rising, bull whales never sell. This is definitely going to weed out the weak hands Last cycle took 10weeks to recover from the new ATH dump and make a new ATH. Should be a faster recovery, but the sell off is even harder this time so it could take longer. Not a lot of great news, HODL hard Im gonna trade the shit out of this...
Huge range here. Selling crypto could be fatal. Gotta prove your hands arent weak to make it to round 2 of the bull cycle
Coinbase ath is $420 but Bifinex has broken the ath price. LFG
Such a huge bearish div on the inverse chart means that its bullish, scale on right (I hid the usd price). get long. selling btc into ltc is not a taxable event. these current usd pair candles are going to look like nothing compared to where ltc is going... target still .01 & $1500. fortitude hodl diamond hands style
Fed whispered about raised int rates mkt had a fit... 3 words- Yeild curve control All fiat will keep crashing USD is the best fiat, but being the best broken obsolete car in the junk yard still sucks buy #bitcoin & #litecoin
Ever since LTC broke its 3yr triangle (which was 2cycles ago ATH) it has been defeating each fib level to get to last cycles ath. LTC is now entering the final resistance levels toward that $400 ath level and enter into new price discovery. Still a long way to go over the next two months, but LTC just solidified support from last cycles 3x fib that corresponds to...
This and next monthly candles will make up serious ground
see previous chart, this is updated colors of support and resistance
Looks like ranging for a few weeks fibs determining the levels very reliably Im gonna dump resistance and trade these levels
LTC price in USD vs. the value in terms of the BTC pair has reached an divergence never before seen. Here is a good visual. I believe that as BTC approaches 100k LTC will jump 2sigma on the pair because the price resistance from 100-1000 for LTC is 2 orders of magnitude easier than for BTC to get to 100k. .01 should be the base of the next cycle but I dont know...
Q: How do you predict the future top of the BTC cycle? A: The .236 fib of this cycle sits on the 4x fib of the previous cycle. Top of this cycle will be $325,000 then it will crash to $79,000... Thats when the real trading begins again, right now everyone wins, just HODL. We are not even up to the bottom of the next cycle yet, so if you sell or trade your coins...
Bonds will approach zero to negative int rates as a direct result of so much money printing. This will also reck the US dollar purchasing power which should reflect in the DXY going to 60cents, which is what will increase the price of the legacy stronks which are priced in USD, so they will increase in price by the same percentage that the DXY decreases, PLUS...
looks like bonds will inflate too making yields negative forever I dont really see the purpose in them
Top is .076 Will go back to .0076 for 3 years till next pump DYOR 90% of people lose on pump and dumps if theres no capped supply theres no bottom True crypto will change the world go get BTC & LTC instead
support is the weekly 8ema or basically the 55d ema. timeline looks like 6months to new highs. last time vs. this time.
If BTC goes to $100,000 then it would be about 3x gain from here. BTC just went from $3000 to $30000 a 10x gain. LTC went from $22 to $130 a 6x gain. If BTC and LTC price continues to follow a 10:6 ratio then LTC would gain 2x from here in the same time period. However we can see that the LTC/BTC ratio historically follows the LTC/USD price almost perfectly. This...