GRTUSD Bearish Crab pattern has been completed by hitting the 2.618 Fib.
GRTUSD We have held the 1.27 fib for almost 3 days as support forming this symmetrical triangle. Breakout target around $1.10-$1.12. Let me know what you guys think? Do you have something similar?
GRTUSD Bearish Crab Pattern Depending on Bitcoin's performance we could see GRT touch the $1.15-1.17 area. Point B of the harmonic is the most important (POINT) in the development of this pattern. Point B's candles closed below the .786 making this a valid Bearish crab pattern. All patterns can fail depending on Bitcoin!
LTCUSD Don't sleep on harmonics. All targets hit on the first 3 patterns. 4th pattern is in play.
We are starting to get a tight squeeze between the 20 Week moving average and the upward resistance line! Heavy buy zone is around the .618 and .786 then retest upward resistance. Breaking the upward resistance will be huge for getting BTC above all moving averages. (We all know what happens after that #MOON)
Potential Buy Zone for LTC BTC holds above the 20 WEEK MA.
Potential buy zone if the 20 Week MA holds. (Pink bottom line)
BTCUSD I'm neutral on this b/c of the possible extended drop to to CME grap at $9600 to fill.
Here is some stats around the Holidays when buyers are most aggressive. As you can see labor day comes in 2nd. Buyers tend to buy within the week to hold long positions until the end of the year. On the daily Bitcoin is in a symmetrical triangle. Could we break to the upside leading up to Labor Day? Lets see how it all plays out. Holiday Buy two days...