still forming but should be up from here hang in there it will pop unless we don't hold we bounced off of resistance trend line so so far so good 11050 next. just a guess.
we are in a bear market with a double decending top and a head and sholders reverse patern to a downward trend and showing by the red lines and then we got an inverted head and sholders going back up and on wave 5 of the eliot wave patern suported by a 50% retracment of the fib and a bounce off of the long time trend line and a divergance on the stocastic rsi we...
we are seing a clear cup and handle patern here.
last time we broke the channel we got faked out now will it be for real if the channel break occurs /
Looking for support here at the fib 78% retracment and a push to breakout above the 11764 mark after finding resistance there once already. lets see if the uptrend holds?
coming to a wedge wich way will it go we must have paitence and see but can play the inside patern till we have a breakout up or down but we would need a LOT of SENTIMENT to breakout to the upside.GREEN IS LONG TERM TREND BLUE IS 200DAYTOP PINK IS LONG TERM TRENDLINE ALSO YIKES.
I dont know where to begin except look out below. where we stop nobody knows.
double topp before we went down to the 200 day MA and went lower than the last dip. will we break lower tomorow? Now looking for a new bottom the second high didnt go all the way to the 11778 so we should see the 61% or the 78% fib at a low of 7200
that would be helthy for a little sideways woth a slow breakout over 11634
looks like with the hack scare we got today we bounced off the 38% fib
This could be a new channel breakout here. take a close look here and see the Bounce off of the . 618 fibonachi fan and realy old trend line this could be a new channel bottom and a break out of the channel top. This could get interesting channel bottom or fake out break out?????
Ok folks we have a real breakout but with verry little support we are looking to start a new channel here so we are waiting on confirmation before we get back in. Although we have recently witnessed a parity with BTC we broke that last week on a hard rise against The LTC/BTC pair go check it out. This still appears to be trending down .we have to break the 247 ...
we are aproching the top of this long downward channel get redy for a hard drop or a break out but the wise money is siting out in this areia.The last time we got here the fall was hard and fast. tgis is just my opinion and not trading advice......
If you took the get out signal at 16700 then this is where it looks like we are in a buying opertunity here bouncing off the bottom of the channel and hope to see a breakout at the top of the channel for a 2018 trend up to the moon. Be well everyone.
I am an amature my ideas are just thoughts and not trading advice trading is risky like when every signal says one thing and the coin does somthing compleetly diferent.
Breakout over the head of a head and sholder patern on the one hour chart. shows a perfect entry point after confirmation to the upside hold till 14700 within the week with one coin thats a 1700 profit sell it there and wait tto get back in at 9k if it doesnt break out of the channel to the upside.
First this has a trending down channel with ckearly defined eliot wave patern starting leg three. we broke through support at 13200 and a trend line witch now becomes resistance, new trendline support is blue trend line.somwhere around 9200 depending on when it gets there. But I anticipate a push to 14750 and a completion of the 4th leg of the Eliot wave patern...