This could be our golden ticket to 10k if this ascending triangle doesn't fail. We have tons of momentum on our side so I think that boosts the odds even more.
I think it's a great time to buy LTC with BTC is you aren't already holding some. I think in 2018 Alt Season we'll see LTC reach at least .04BTC.
I want to see ETH have a small pullback to around $420, with the small possibility of going back down to the $375 range.
With the Chicago Mercantile Exchange btc futures soon, which will be VERY bullish, I think that people are hoarding bitcoin while it's cheap. But I do not think that the pullback we had was enough. We'll have to see how this next daily candle preforms.
I want to see us stay above $7000 here, maybe bottom just a little lower into the $6950 range. On Weekly time frame we're on an 8 count so we're still long until the end of the month, which then the 9's on both Weekly and Monthly will usher us into a 1-4 month correction. Where are our ever so patient bears at??? P.S. I think it's important to note that the...
Based off T D Sequential, 1 hour, 2 hour and 4 hour are showing short term bearish/consolidation, while Daily and Weekly are still bullish. This is just a small pullback before we continue to make new all time highs.
There's no telling how high we can go in the next 2 weeks before the close of the 9 candles on Weekly and Monthly time frame. The good news is that we didn't correct to $5,000, we bottomed at about $5,500, so that tells me $5,000 will be a strong support bottom for when we start our potential multi month correction, and it will only get stronger the higher we go...
I still think we have to test $5,000 again, but it looks like first we're going to retest $7,000 and even go to over $7,300 potentially. T D Sequential isn't telling me much, except for the Monthly 9 Sell. I still think we've made the all time high for the year near $7,900, but with the Chicago Mercantile Exchange announcing the Bitcoin Futures trading there's no...
Because Daily time frame is on a red 3 count I expect that if/when we get a T D 9 Buy Setup on 4 Hour it'll only be a 1-4 candle correction upwards before falling. I believe we have reached the top for the year at $7,888. Now, when Chicago Mercantile Exchange bitcoin futures trading begins, things will be very different and a lot slower I believe, but at least...
Price is very bullish, as we see by the ascending triangle, T D still being bullish on weekly and monthly, but also because you NEVER have this many chances to get out at the top..
So, I'm looking at this buy lining up with the time that Bitcoin has it's crash in 2 weeks (after 2x Hard Fork) 4 weeks (close of Monthly 9 count candle), which will make price fly.
The issue with trying to predict most crypto is that there's a massive lack of liquidity. In the past 30 days XMR volume is only a little over $1,116,000,000. That's almost 5x less volume than Litecoin and almost 65x less than Bitcoin volume.
So, two days ago on Daily time frame we got a Perfected T D 9 Buy Setup. At the same time on LTC/USD Daily we were at the very end of the pennant I drew on a previous post I did, and today it broke out of it. So last week was the time to buy. So this thing is ready to make a comeback after being dumped so hard after being pumped to almost $100. Litecoin is going...
This could potentially be the end of the 1-4 day correction and be the start of the LAST leg up all the way to the Segwit2x Hard Fork, starting the 1-4 month correction down to $5,000. I want to apologize for the clutter, I really don't like deleting work I've done, it's counter productive in my opinion, and also I want to stay transparent to my followers and viewers.
On weekly time frame we got a T D 9 But Setup on 10/25/2017, but it went down for two weeks afterwards and it is not on a green 1 count. This thing is primed and ready to take off soon I believe. And I'm not saying this because I bought STRAT with ETH, I don't like ETH at all and will never own it again.
The selling off has already started it looks like. Price has already dropped over $250 in the time I started working on this.. We're going in for a 1-4 day correction, don't panic sell like idiots and BTFD, because we still have 2-4 more weeks of upside.
Zcash/USD is pretty tricky. There's an obvious pennant which is a bullish signal. It's about to end its consolidation period and break out just in time for 2018 Alt Season.
Monthly is on a 3 red count. Weekly is only on a red 1 count. But daily is on a red 5 count. Over all the trend is very bearish, but there seems to be a chance for a ray of sunlight to shine through the clouds before ultimately testing .0345ish