This is a monthly chart for Litecoin vs Bitcoin. The next few months could be very interesting for Litecoin as very strong coin also heading into 2023. The chart shows that LTC is at it's previous lows against BTC. The ADX & DI is also showing momentum is being built and also has some bullish divergence happening at the moment as well. *Disclaimer* Not...
*This all for fun and is not financial advice* I believe we will break out and confirm the break out with a fall on the resistance line making it support. That should be the last flush out and it will cause max pain in the markets which will set up the next bull run. Have fun, trade at own risk or just hodl. Far out prediction 189k November 2022
Raven coin has recently broke out of this bull flag pattern and is now looking to confirm it. That is the trade if you so choose to do it. the confirmation is it must close above the flag on the daily or weekly. Target is set at 40 cents good luck and have fun. Remember, there is no guarantee. This is not financial advice.
Bitcoin really needs to hold the line here and not drop anymore. On the smaller time frames we need a move above 53k that holds and then build upon it. Looking at the volume and price action we could break this support and retest the lower support one more time. The good news here is the ADX and DI it still shows an uptrend.
I think the cycles might be bigger than originally thought and it's a good thing. I color coded the pattern within the log growth curves. According to this we have a major rally coming. Let's see how it plays out.
This cannot be broken if we are to remain bullish IMO!!! The good news is Bitcoin has shown lots of respect to this trendline all the way to the last cycle and was in it's blow off top during the time it spent there. If you look closely it's the exact same cycle is playing out, it has only greatly lengthened in time. Looking at this chart it looks like we over...
Where is this downtrend that the simpletons are talking about? You can either buy fear or BITCOIN, but not both. The one negative is there is RSI bear divergence that can be voided out, let's see how it plays out. I'll leave it that. Best wishes in the new year.
XRP has been in a bullish divergence (RSI) trend against Bitcoin since May of 2019. Even the SEC lawsuit of Dec 18th of 2020 did not break this trend. If anything it has made it more noticeable and stronger. Heading into 2022 XRP looks to be very bullish against Bitcoin. So it looks like all time highs are only a matter of time away. Altcoins are looking very...
Serious question.... Are you still buying FUD? Has the FUD Knocked you out of your positions? Does the hourly timeframe have you pulling your hair? If you answered yes to any of these questions your doing something wrong. Stop looking at it the hourly, stop looking at the news (it's garbage) Stop panicking. Take a few steps back and look at the broader...
Here we have a chart on the DXY. Although we have had a move back up it might be short lived as the trend over time is down. Investors aren't collecting cash the yare buying assets with it. the trend is valid until it's broken. AS you can clearly see it's valid since the early 70's (50 years now) so it's long term trend. The move down we have had since 2020...
We could be in for a hell of a ride into next year. If Bitcoin stays within the trading channel then we could be in for more consolidation for a few more months. If we get a breakout above the top of the channel it could run hard into it's finale phase. I'm not sure which one and I don't care I don't think the top is in yet. Call me crazy but I still think we...
Hello investors and traders. Did yesterdays dump get you down or scare you? You need not fear , Bitcoin is not broken. In fact its stronger than ever. Does this mean prices can not go lower in the short to medium term? No, they in fact can and should be looked at as buy opportunities. How do we determine what to expect? 1 If bitcoin breaks back above the 21...
We are looking at the DGB 2 month chart . Dgb moves with bitcoin ands tends to outperform it when it's bullish. I have highlighted all the important zones to keep an eye on in the price and also the RSI and stochastic RSI. So all in all if BTC goes bullish the next couple months so will DGB. Risk management is what we do here. *Minimalizing your risk plus...
You buying fud or Bitcoin? You can't buy both. One of them is regrettable!! If we don't break below the magical red line drawn by the the magical unicorns, then we are bullish. Bitcoin telling me people don't seem to be buying the fud but they are buying the truth machine. Also if the care bears bow to the bulls and let them cross the river stochastic, we are...
When will the top come, 2021 or 2022? This is a copy of the previous chart called "Is the Bitcoin top in?" I have added the HTF LOG CURVES OSCILLATOR to it as another confirmation of top is still yet to be found. I do think we are in for a ride the next couple months. Give me your thoughts bellow!!
Looks like the extremely under valued token Energi has finally started to make it's move. We'll keep a close eye on it in the coming weeks and see where it goes. I still think it's very early in this rally and still very, very undervalued against Bitcoin and Etherium. Any dips on this token should be great buys!! Indicators used are the ADX and DI along with...
So here we have what is essentially a naked chart of the BLX on the weekly with only the BEAM BANDS & STEVES HEATWORM for indicators. I'm not sure if the Bitcoin will hit the top of the beam bands but I don't think the top is in. I will add the longer the bull run lasts, the better the chance for the top of the beam bands to be hit. If you notice a sell...
I made a chart a few months back called "Synthetix quietly breaking the downtrend" that is linked in this chart as well. The circled dragonfly doji candle is what marked the end of the downtrend and new upswing starting. Anyway,, I think the quiet time might be over and it's about to make some loud noises. As soon as it breaks above it's down trending...