looking at the 30-mins graph of the 4 cryptos(BTC, BCH, LTC, ETH) which are traded on GDAX, see how similar they are today? Human, you win.
Over the last weekend, the ETH has been pulled down all the way to $450 after it broke the neckline of the huge Head and Shoulder pattern. After that, we see a beautiful reversal on Sunday afternoon and on Monday it went sideways. Looking at the chart on the right side, 30-mins graph, we see a beautiful upward ran followed by a rectangle pattern, which indicates...
Today, I am not identifying the trend, setting the target or talking things like if this happens, that will happen...so on and so forth....This analysis is pointing to the emotion. Though everything(BTC, BCH, ETH, LTC) I have in the account is suffering a drastic drop, I think we still should try to search for the lights of the crypto. because I don't think it...
Hi everyone, let's jump right into the Graph. I pointed out ETH was forming a double bottom pattern which indicates a reverse bullish run. However, the pattern failed afterward, which means a larger force is pushing on it. So I zoom out, looking at the bigger picture, 4H Chart. Put it in short, it is a very typical bearish appearance! 1. We see a very clear,...
Let's jump right in the 30-mins graph. We see a clear double button pattern with a higher low shows up, which strongly indicates that the reverse is happening. It is similar to what is happening in LTC/USD(see my last LTC analysis) . ETH and LTC are positively related in a large picture, so the concurrence of the bullish signal means the whole market is...
Looking at 30-mins graph, we see beautiful inverse head and shoulders pattern, along with strong proof the ascending MACD and RSI trend. It is highly possible that LTC will break the neckline and go all the up the place around 208~ 210, (1.68 ratio). In past 2 months, we are in a recovering channel from the epic low around late DEC 2017 until the hack news came...