HItting trendlines left and right. Major support between white and green. Don't load your bags quite yet. Between bottom green and blue is the ultimate buy zone. If this level fails, say goodbye to crypto. Approaching lowest entry point since back to 2013.
Another LTC chart. Zoom out and see how low this price is historically. Of course we were bound to have a bounce. We continue to trade within this zone for the time being. The recent spike to .00673 was spot on with my channel. It might be difficult to see where it is going but if you follow the channels it gives a good indicator of where you can take profits...
Top line shows overbought zone and bottom shows oversold. We are follow this from the start of the rally in 2019. This chart indicated we were in grossly oversold territory attempting to break out BUT it was a total fake-out by spirit animals. No breakout, only fake out. We are now falling back into the normal zone - accumulation zone. Green is buy, red is sell. -Boombox
Too much to say about this. Let the chart speak for itself. Don't forget to follow your 90 and 360 levels. Is 7200 a new resistance level? I created my own VPVR based on support levels. These hold confluence through all of 2019. Every rally should funnel around a certain floor. We are constantly fine-tuning these level with brute force. This is what the VPVR...
Stellar has been performing well lately against...everything. We see all alts recovering from their long term bottoms. We are already seeing Alt season underway. We should continue the formation we have seen previously and will hit 150% of today's price by EOY. Others are calling for much greater and I also see that happening but short term we can shoot for this....
This pair will never part ways. We will see this chart repeat itself over the coming months. To keep this as simple as possible, we will recover. We are in the process of recovering. I think we will see one more pump in BTC before its halving in which time Litecoin will make its move. This pair should inflate to its previous high near .024 or even pump to...
Classic impulse scenario. Price is going to drop and scare a few folks. Then resettle around an average price. Follow the wedge everywhere. This should also mean the same drop in BTC. Check out my charts on BTC from yesterday. When the formation is too small, change the time range and reset your triangles. Easy enough, right?
Watch these levels for Litecoin. Why do they work so well? Measure 15 levels. The reason for this is 360(degrees) is divisible by 24 evenly. Forget the charts. the numbers can be evaluated. Litecoin was Introduced at $6.00, then *15*4 =360 ATH 60x 360/15*4 =96 falling wedge 96/4 =24 ATL 24*6 = 144 high before halving 6x 144*10/15 = $96 Recent support level...
This pattern shows up in many charts. 2 of 3 rockets before mooning. XRP shows something similar and follows the same general shape. The difference being that Ripple releases coins when the XRP army wants to moon too soon. It is simply to prevent hyper-inflation. We continue to create lower highs and higher lows until we reach long term support. We have found...
The solid blue lines are highs and lows of the past few years. These lines extend and create new highs in the next cycle. Check out my first BTC price prediction for our road to 13k . This chart shows we will hit a high 1 month before the halving just like Litecoin did this past summer. After that it is off to the races. This also shows a dump coming very...
XRP is ready. The average of the whole chart can be seen by the solid red line. XRP current price - $0.30 Red line average - $.32 XRP loves to stay at $0.30 This has been our support for a long time. The average price still needs to drop a little before we take off. We will see short term fluctuations to drop our average. We are not ready to moon yet. Now would...
Follow the mountain of climbers to the summit... Notice inverse scale. We are expecting a pop maybe to $200 before climbing further up (read down) the summit. As topography explains, we can never have a peak higher than the initial peak. We will form a W pattern but not create a lower low. We will moon from there. If anyone is interested in this topic, I have...
2hr time frame is showing the same pattern we broke out of recently after our midsummer peak AND our breakdown from 18k to 6k and finally to 3k. We put in our high already and topped at 9950. We will see a nice decline and bouncing around the $9200 area before retracing to roughly 8600. After that it is a mystery. Good luck!
We could retest 140-150 area again. This would be in line with the completion of the triangle followed by a 20% drop. After testing the $150 area we will form a double bottom and then take off. We are looking for a breakout November 7th.
Big picture, Litecoin recovering from the halving. Bitcoin is about to enter into its halving. This usually shows a precipitous decline in BTC post halving before mooning. This is a great opportunity for alts. Consider the downtrend LTC has been in for a while, again post-halving. It may go down more but we had a bounce off .0006. LTC is now flirting with this...
This may be difficult to read but the charts are repreating this fractal to infinite. At the phase change the chart flips and repeats this pattern growing in size til completion in the next bull run. What this shows me is that 9k is most likely the bottom before we change trend and take off to 200k by end of the cycle.