Blue horizontal lines make a valid range. Most likely BTC will range for some months. Will alts range or pump?
LTC to the bottom of the descending channel, BTC will fall through it to complete Bart. I have shorted LTC, better rewards. Let me know your thoughts!
Beware bears, it could be time for a squeeze back to the 4250 - 4450 area. I'm a spectator for now.
ETCUSD is at extreme lows and price action in constricting. I am looking for entries off extreme lows on 4hr/1hr TF's and won't be going short at the downtrend line again. This will be interesting to watch. Let me know your thoughts!
Short off previously respected resistance or wait to go long off a break of down-trend line that may not occur? The increased volume on ETHUSD 0.93% and Bitcoins' bullish actions says wait to me. Let me know your thoughts :)
For some time ETP has been behaving (trending) exactly how we like our markets - bullish. Current price action suggests the dream is over. The first indication of weakening was the break of the primary trend line, the failed break-out from the descending wedge, the break of the secondary trend line, and the failure to make a new high. A break of $2.98, let's just...
Litecoin has found support at a previous resistance level. Having retraced approximately 75% it has more room to grow that some other coins. I laddered in buys and my average buy in price is marked on the chart in orange, stop-loss red, profit targets in green. I have kept some buys in below this level in case it does drop further. This is an aggressive trade...
Converse to my LTC trade where I was drawn to it because of its deep retrace, DGB is looking strong because of its shallow retrace. The reason for these conflicting opinions is that I am betting on LTC to make it back to the previous highs while betting that DGB will break through them. DGB has found support at previous resistance, 424 sats, which coincides with...
I have a couple of thoughts about Bitcoin price for the near future. It will be interesting to see how it plays out. I'm not going to go too deep into this as there is loads of good information available on BTC if you're following the right people. I apologise in advance for the state of my chart, I need to do some house keeping but I am pressed for time right...
OMG is at a critical resistance level. It is making steady but seemingly stronger moves higher, however, this could be cut short if the broader market turns to the downside. If OMG breaks through this resistance I think the next stop will be $25.00. If you're in OMG already I think it's a good place to be. If you are looking to get into OMG, unfortunately, I don't...
There are a few ways of looking at OKBTC right now and the first is that it has completed the first 5 impulse sub-waves of a broader wave one, and has completed the A,B,C correction that forms wave 2 of the broader movement. This is an attractive entry area to me as wave 3 should be at least as big as the first wave but probably bigger. In terms of % profit in...
While the rest of the crypto market seems to be making the same or similar patterns AMP is moving in more of trading range or horizontal channel. I'm not really sure how this is going to shape up but the area marked by the box seems to be quite supportive and I've been gradually picking up some of this coin when it dips back into it. Happy for it to stay...