Little_Big_Movement

Little_Big_Movement

Litecoin has been consolidation a lot more than BTC over the last week. To me, this is an excellent sign of things to come. When looking at consolidations areas, you need to think about what is happening here. Buyers and sellers are loading and unloading in near equal proportion. Sooner than later seller or buyers will slow down, and this is where you will see the...

Little_Big_Movement

Don't pay to much attention to the news. Bitcoin has been in an uptrend for the start of the year, and you would be stupid to be against this strong uptrend at the moment. If you are not aware, I have placed two arrows point up, which should make it very clear where the price is heading. Do not for one moment make the assumption that I use trend lines as an...

Little_Big_Movement

Well XRP is a pain, and I hope no one has invested too much money in XRP. From my last analysis, I had stated that I hope we do not close below $0.38, and luckily, we were able to see intense buying pressure at this price to move back to $0.40. Now the aim is to break $0.46, but I can honestly say there is no indication that we have the momentum to reach this...

Little_Big_Movement

Let's get to it, the multiple rejections at $140 is not a good sign for Litecoin. When taking a step back from the market, it would seem that the aggressive bull move has run out of fuel. I would not be surprised if we head back down to $125, while Bitcoin takes some of the shine from altcoins. One positive for the end of the week is the fact that Litecoin will...

Little_Big_Movement

An intense week for bitcoin with price looking to close above $9000. In my last post, I had stated that we should be looking for a buy order above the 30-day VWMA. There was an aggressive move at $8400 to break through the 30-day VWMA. With this strong move at the start of the weekend, we will be heading into next week with bullish momentum. $9000 is the new price...

Little_Big_Movement

Until it ends and like anything in life, you can find yourself lost in the wrong direction. I like to keep my analysis simple as the markets are always changing their dynamics. We can see the new uptrend started from our long period of lows which could be a substantial factor to start going long in this pair. As of writing, I would be looking to buy within the...

Little_Big_Movement

I don't usually do this, but I wanted to start tracking the footsie100. I am going to keep it short and sweet for now because I don't want to get assassinated by the UK government LOL. From where I stand, the recession is in full swing. Look at the first cross of the 30-day VWMA over the 90-day VWMA on the 31st August and look at the potential cross again at our...

Little_Big_Movement

Let me make this clear. There are no bulls in the Litecoin market because they are not stupid and this is the second time I have made this statement In my last post, I made it clear it was a great time to buy Litecoin. Little did I know that we would rocket past $130. Now! Before we start talking about going to the moon, we need to realise that there is no fuel...

Little_Big_Movement

In my last post on BTC, it was clear that the signals to buy were not conclusive. In the previous 7 days, we have been trading within a stable range between $8100 - $7625. With this long-lasting consolidation, we are still in a bear & bull trap. Now! with the potential to close above the monthly VWAP (Yellow line) the bulls are starting to taking the lead. This...

Little_Big_Movement

Let me make this clear. There are no bulls in the Litecoin market because they are not stupid. On the 4th June, we had the test of the 30-day VWMA ($102), which was at the same level as the previous VWAP monthly price. Buyers took this opportunity to load back up on Litecoin, and the rally was strong. While some may say we are in overbought territory, I say good....

Little_Big_Movement

It has been impressive over the last week how the price of BTC has struggled to break the 30-day VWMA (Pink line). On the 4th June, BTC ripped through the 30-day VWMA on a downward slide and buyers made their stand at $7600. Great news but more bad news came to follow. 7th June we tested the 30-day VWMA and have not closed above the line for the last three days....

Little_Big_Movement

It is hard to consider whether you should be in the market to purchase XRP. When looking at the current chart, it is clear that price has already bounced off the three months low at $0.39. There was a sharp sell-off at $0.41 on the 4th June which will be the price that XRP will need to break through before you should be looking to buy once again. The current...

Little_Big_Movement

There is no surprise at the moment that cryptocurrencies are not doing very well this week. Check out my BTC analysis if you have not seen it already. Now! LTC has struggled this week to push back above the weekly VWAP (Dark Blue line) which is a little concerning to me. With price consolidated around the previous monthly VWAP level (Yellow Line), which is...

Little_Big_Movement

While the market participants are confused around the direction BTC, we stay one step ahead. There has been no significant news around bitcoin which should be providing us with a long term downtrend, so we should still be bullish. What is clear is that the market is in a stalemate and the weekly VWAP is a clear indication. Disorientation is screaming out on the...

Little_Big_Movement

Once again, I can only laugh at what Is happening in the cryptocurrency markets. Remember to follow me on Tradingview and check out my blog below. LITTLE BIG MOVEMENT LATEST BLOG POST While I had made so notes on the current market before going to the gym, it turned out that 1 hour was all it took for cryptocurrencies to pull back. If this is the first time...

Little_Big_Movement

BTC traders are laying their cards down on the table, and in this market analysis, I will tell you why. I have continued to be careful with how I view the BTC markets, but one thing is for sure the Bi-Weekly VWAP, and Monthly VWAP provide excellent areas to buy in this uptrend. Take a look at the Yellow area on the chart, and you can see that price slightly dipped...

Little_Big_Movement

Most traders are prone to hating the accumulation phase of a market because there is no clear sign which way the market will go. If you look at any market which is related to currencies, the accumulation phase is the best time to buy or sell. Sideways price tells me one thing - " buyers and sellers are equal". Now at this point, you might be thinking, "well, that...

Little_Big_Movement

Bitcoin has been in the news lately, and some so-called experts are struggling to understand why there are so many people "investing" their money in cryptocurrency. With CBS 60 Minutes show provoking the world again, this is a great time to remember that the not so smart money will be coming to the market in the next month or so. Now with that out the way let get...