denjhanekt

denjhanekt

Basic Fibonacci plot for a friend.

denjhanekt

I'm feeling...(do I share??)...Bullish

denjhanekt

I H&S pattern developing?

denjhanekt

I extended the fish head a bit - but it still remains intact. LTC telegraphed the drop down before BTC. ***My biggest fear is people who trade in cryptos also trade in oil and precious metals. Expect some circular volatility.

denjhanekt

with some minor tweaks, this has been my analysis for 2 weeks now.

denjhanekt

Some TA for a sharp professional friend of mine. ETH - had a double top recently, but that failure to break a price threshold 2X did not collapse ETH, but rather it has retreated a bit a form a nice consolidation - note the 2 weeks of rest at the Fibonacci .382. great triangle forming (I call that pattern 'the fish', but never mind)...in fact, it seems ETH is a...

denjhanekt

55 MA over 200 MA Ascending Triangle pattern

denjhanekt

I've seen this pattern in 2017 - explosive growth follow. I call it - the fish.

denjhanekt

comments are on the chart

denjhanekt

Chart speaks for itself.

denjhanekt

there is also a I H&S formation inside the general confines of the cup and handle

denjhanekt

For a friend

denjhanekt

my notes on chart

denjhanekt

I ran a Fib extension on LTC/USD pair, and the 1.618 correlates well with BTC/USD price action at similar dates - and similar local highs of this past 4 months or so. I'm looking for LTC to $80 BTC to $10,000 something range. IF LTC price goes to $80 handle, it'll be forming an ugly cup pattern - and then I'll be looking for a handle.

denjhanekt Updated 

White TA lines are micro patterns. Yellow Lines (forming descending triangle) is a mid term 'macro' (for this posting) pattern. ***I always compare LTC/USD action to BTC/USD action.

denjhanekt

R H&S Bitcoin is not going lower

denjhanekt

H&S

denjhanekt

I see some signs of parabolic potential