FollowTheCoin

FollowTheCoin

Possible Bitcoin near team

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Seriously who the fuck knows anymore. At this point I'd watch the RSI before trying to pin down a price point. Expecting sideways from here or one more large drop to set up the 2020 YTD chart.

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One triangle at a time... The whole market is connected, just like everything else in this universe. Don't get caught up in one or two coins, it's all about the sats. This isn't the stock market, cryptos aren't like stocks in the fact that most cryptos have no intrinsic value, whereas certain stocks can still flourish in a struggling stock market. 15% drop puts...

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ETC can be a low risk buy between $4.48-$4.55, stop loss at $4.37 because it may bounce at $4.40 to force out weak hands, take profit at long term resistance or beforehand, not financial advice, solely my opinion

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No Bitcoin Bull run has been confirmed yet, we could still go as low as ~$6,500 and as high as ~$11,375 over the course of the next 200 days. We can read the technical signs, but in my mind there is no confirmation until it breaks out of this channel.

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See chart, its potentially already begun, one might try to buy now and set stop at $4.80. Just my opinion, not advice.

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I think this coin brings real implementable value to the world, unlike 90% of cryptos. My understanding is it is similar to Ethereum, allowing users to create smart contracts on the blockchain. Short-term I'm thinking anywhere from a 10%-50% drop. I sold 75% of my Link and put a stop at $2.80 for the remaining, but will be looking for re-entry down the road. I...

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XLM seeing a steady uptrend, important resistance to watch is the black line. If XLM can't break through that resistance, dump it; if it does break through, expect bull run to come.

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Extremely comparable triangle from the 2014-2015 bear market lasted ~651 days, we are now seeing this bear market has lasted ~658 days, I would expect to either see a breakout soon or one more large drop to ~$6,500 before bull market confirmation. Also note RSI is closing in on 50.00, which would indicate bullish, and the MACD has been in the red for a while,...

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Based on the MACD and RSI, it may be better to base the lower support on the recent highs rather than the December low. Historically, when the RSI hits 30 BTC rallies, and the RSI appears to be trailing towards 30 around the same time as the current wedge/triangle concludes. Also, BTC dominance has been decreasing and appears to be on a trail to around 60% market...

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Just what it looks like to me. The $16,000 projection at breakout is actually based mostly off of others research. But based on the previous outbreak we had being an even greater percentage it definitely seems feasible. Thoughts?

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Litecoin broke its strong uptrend and retracted to its original channel when it fell below $80 (see my last post that was quite wrong). The good news is that it is now at the bottom of its original channel, so hopefully its all up from here. If it were to break the $63 point I'm not sure what would happen next... it can be hard to make sense of this market.

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LTC/BTC ratio bottoming out, along with most altcoins, except for a few exceptions (Tezos, ChainLink). Will Bitcoin settle out during the month of September while Altcoins revive? Bitcoins 200 day MA at $6,194 works as the strongest support, which shows how much more the currency could potentially drop.

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Let me know what you think!

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LTC 10 day MA and 20 day MA have just crossed. This has continued to occur before a bull run. Looks like Wave 4 setting up, especially with todays bump upwards helping to push the 10 day MA even higher. LTC has been due for a correction upwards while the whales have squeezed us dry, and it appears the bottom has been established! Happy Trading! This is not...

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Ethereum channel is not as aggressive as 2017, are better investments elsewhere? Has this coin seen its best days? It will still go up with the market, but I could see another coin swooping in for the number two spot.

FollowTheCoin Updated 

Litecoin has come back from drops this drastic before. We had a 50% drop last year before hitting all time highs. The 50 day MA needs to drop off from the recent high. Essentially, near the end of August the 50 day MA drops hard, which could potentially force a hard correction upwards.

FollowTheCoin Updated 

Hey guys, a lot going on in this chart. Lets start with what's happening right now. Litecoin has been consolidating ever since the halving breakout that whales took advantage of. Now we are seeing the 50 day MA finally coming down to meet with our more recent 20 day MA. As soon as these two connect I am expecting a breakout to $100, if not $110. I have drawn out...