Double bottom formed signaling another rung up.
After forming an inverted head and shoulders pattern (in red) it formed an ascending triangle indicating a possible breakout.
The FUD on ALPHA appears to be settling as the price is bouncing off its support line.
The floor from November 2017 at $5,450 holding, possibly the "all clear" for continued buying.
Possible move up: Elliott Wave ABC is completing Double bottom hit at about 0.048 Rubbing up against the bottom of a 3 week trend channel #PPTETH #Populous #jsnip4 #clifhigh
Is this CRAZY talk?!? By end of February, the BTCUSD consolidation phase will be resolved...but what happens next? Are we setting up for the 3rd Impulse Wave to $40K USD? REASONS: 1. The need for a distributed crypto-currency still exists 2. Mass adoption IS occuring 3. Infrastructure and deals are being made everyday that involves at the very least BTC 4. The...
Is this CRAZY talk?!? By end of February, the BTCUSD consolidation phase will be resolved...but what happens next? Are we setting up for the 3rd Impulse Wave to $40K USD?
As predicted in 1/22/19 post, the crash through $173 brought us to the $138 floor today (again). This begs the question: "Why are you in Litecoin?" If you're not sure, please sell so I can buy 'em on the market! (spoken like a cult member!?)
Great price coming for Litecoin! If price drops below $173 then next Support @ $138 that was established in early December 2017.
Using www.cryptosclass.com SKILZ, this is what I'm seeing. WDYT?
Consolidation phase (yellow wedge) may result in a decision point by tomorrow 1/21/2018. Option A: will start the next Elliott Wave 12345 Cycle Option B: will drop to 0.0555 Floor
Using Elliott Wave Theory, it appears we're headed to the 5th wave. Get ready for a pull back about $1700?