They say a picture is worth one thousand words. I'd be happy with this scenario but I'm content just as well accumulating BTC on these prices. That'd be one MASSIVE inverse head and shoulders.
Anyhow! Peace in the Middle East!
I haven't logged on for months now ... I wonder why. It must have been that back in late 2018 I subconsciously saw something and had to take a
step back and hibernate a bit. It seems that we have a massive inverse head and shoulders playing out right below our noses. And to make this short, I see that if this inverse head and shoulders pattern plays out ... then...
More consolidation sideways today for LTC. It seems that the price jumped the Kujira Cloud and spiked up as it moved above the blue part of the cloud. It is now testing the top of the blue portion of the cloud. If it pushed through and into the blue part of the Kujira Cloud could it find heavy support at the bottom part of the cloud? Let's keep on watching to see...
LTC seems to be going through some healthy consolidation. Litepay news hasn't move the price up despite recent launch. And on the 15 minute chart there is something going on. Pop in the Kujira Cloud v2 Indicator and check out the 15 minute chart.
STIMPY WHAT DOES IT MEEEEAAAN!?
Right now BTC/USD seems to be bouncing back up after a 40+ percent consolidation. The recent good news by US government officials signifies that the transition from "centralized" fiat into the "decentralized" digital block-chain is being looked upon favorably. The W pattern is becoming easier to notice and therefore attempts to react to the market will fare...
