This is a follow up to yesterdays silver chart and a closer look to what we really have going on with silver. Silver investing is a macro look and any price drops are gifts the JP Morgan gods. As we can clearly see we have golden cross on the monthly chart rapidly approaching and shows that silver is in a long term bull trend. If you are looking get rich quick...
If you have missed out on bitcoin or feel your position is not as strong as you want, or perhaps you want to diversify a little. By simply looking at this chart and understanding chart patterns you can see that silver over a forty year period has been forming an almost perfect cup and handle formation. The cup and handle is not confirmed yet and may take another...
The Bull run is still very intact!!! This weeks end will tell us a little more on our candle stick but we are still very bullish here. This could be a grind for the next couple months but I believe we are still going much much higher. The only thing new (never happened before) in a bull market is a hash ribbon capitulation but its a bullish signal. This correction...
Is this zombie spawn of Bitcoin about to wake up? Marked in the chart are the resistance and support zones. Lets see if BCH is still relevant moving forward? In my opinion it would need to make some sort of move against BTC to do so. *Success is a series of small victories*
BCH showing like it's done with zombie mode and going into beast mode. Looks like the dollar crashing has startled this zombie and is starting to devour dollar bills faster than the fed can spit them out. Is too little to late or just in time? lets speculate. Levels drawn out. Not Financial advise, entertainment purposes only.
Digibyte in my opinion is sleeping giant and will mint millionaires this year. I wouldn't sleep on this coin. A move above the RSI downtrend is a very bullish move. It has in the last year also been more easily available for people to trade and buy than in previous years. Digibyte also has some of the best tech in crypto and in my opinion will have a bright future...
A break out above the RSI downtrend is extremely bullish against Bitcoin. Expect volatility but if and when it breaks above the RSI downtrend it will move very fast. Be patient with strong hands will be rewarded. Im not a financial advisor this is not financial advice.
Nothing is set in stone and all models should be wrong or made to be broken. Having said that, if you see DGB any where around 18 cents in April are you buying or selling?
Long term Idea on the monthly chart for litecoin. This is a two year outlook so patients is key. Look at the chart... Is time to sell or buy litecoin? Litecoin is at historic lows against Bitcoin , it's time to buy. Most people won't like this chart as it's not a get rich quick scheme. What it is though, is a path to victory with a series of small wins. *You...
The short answer is in the chart, Yes it's too late for now and very risky atm. Even it will most likely go up another dollar or two the risk is too high to get in now. RSI is at spot it has been rejected on three other occasions. If it breaks through it could run a little more. Trade responsible.
This is a weekly chart of litecoin's history that goes back to 2014. It shows the major resistance and support areas and how litecoin reacts to them. As we can see at the moment we are within a major support and resistance band that just might be where the next bear market should land. So even you buy here and don't sell the top you are most likely buying the next...
Digibyte IMO is one the best projects in the crypto space especially at it's price point. It is extremally undervalued at the moment and has lots of room to grow. Great fundamentals and the now the technicals are screaming BUY! The RSI has shown strength and stayed above the 50 on the weekly and is looking to make a new high hopefully in April. What is...
Not much to say here, but litecoin is a winner this year. Follow the W for the win! Investing has money moving from impatient hands to patient ones.
For weeks now we can see a bullish divergence on on the RSI against the bitcoin price. 4x to 5x mapped in this move. Anywhere from 16000 to 22000 take profit zone. Not Financial advice. For entertainment purpose.
This chart is on the weekly with PI cycle. If history repeats we might have another week of downward action then an explosion upwards for another six months into mid to late July with a few corrections on the way up of course. In 2017 after the initial 200% breakout on the WEEKLY PI top it retraced for 4 weeks then went on to do another 900% in 6 months. We are...
Look for litecoin over the next few weeks to meet and it's all time high then possible retrace to form a handle. After that the blow off top. *Patience is virtue in life and is life in trading*
The 4 hour RSI is still under Bearish divergence. If the RSI breaks above the resistance lines then it is broken. Until then expect price to follow the divergence. How low and how long only time can tell. Possible double top forming with lower RSI is a definite sign of short term weakness. Be ready anything possible, you trade the confirmation. *Patience is a...
Nothing set in stone here. These are the support zones for bitcoin, there is no guarantee for anything. A fall to 25k or so is very healthy and most likely will be gone before you know it. I don't think bitcoin stays at these prices very long and by next month we should be off to the races again. Even though I have the chart marked as short it might not. This...