GEVO is priming for a big comeback. It's a sleeping giant. Has been on a down trend close to 2 decades. For pennies on the dollar, this is an opportunity equivalent to mining bitcoin in 2009 and holding your bag for a very long time. This is a long-term hold. 5+ years. Someone believed in the Biofuels technology at one point where a share was traded over...
In the world of trading, we're always looking for signs and patterns to understand market movements. But sometimes, the trends we notice take us down a rabbit hole of the extraordinary. Over the past two years, doing technical analysis, this projection of mine has not changed. It all pointed to the end of September to the first two weeks of October. One thing...
I removed most indicators to help see the picture. Nothing crazy, just patterns. Things are just hidden in plain sight, sometimes indicators, technical analyses etc. is just there to obliterate your mind from seeing the picture. This is purely from patterns... As we live in a fractal universe. We have two targets. This is worse case scenario if BTC looses $18.5k...
Greetings fellow traders and investors, The world events of the past year have had a profound impact on the global economy, and the crypto market has not been immune to these effects. As we move forward into the next period of capitalization, it is important to take a closer look at the current state of the crypto market and how it may be affected by the events...
Litecoin has underperformed compared to many Alt's over the years. But everyone has atleast heard of it, as it was one of the first for many years that Coinbase offered. Part of "The Big Three" As it slipped off the radar for many it is a solid coin. P2P and PoW, it's simple fundamentals make it great. It's scrypt algorithm makes it good for miners as there is...
Litecoin... At one point it was considered part of the "Big Three (BTC, ETH and LTC) It attracted lots of attention as it was one of the most "Reasonably" priced coin compared to both BTC and LTC. But it never made new highs from the Late 2017 Bull run. All others are 10x+ It's a sleeping giant. Has lots of Scrypt miners to back up it's network. It's LTC/BTC...
Everything seems too obviously bullish to be bullish. Specially with what is going on around in the world at the moment. This is just an idea... of trend analysis that I see using patterns and basic textbook rules. A retest of the 1 Trillion dollar market cap will be exactly the retest of Bitcoins $19,500 ATH Breakout in Dec. 2020 So I'm expecting more bad...
I've been seeing this picture for over a 2 years now. Every other day the print just keeps getting more obvious. Not trading advice, no crazy indicators. Just Lines I drew based on previous price actions. Keeping it clean and simple, not a bad idea to just save this and hit the play button every 10 days. With speculation of what currently going on and people...
3 day chart ( BTC -1.35% value calculated to USD) Bullish scenario for the end of the year. Chart is self explanatory, descending wedge target = base formation of the triangle ($1.50) Breakout + $1.50 target = ATH -0.02% That should then form an ascending triangle , if breakout we can see a x 500% pump taking us to $10 like the formation of the ascending...
Facing main resistance from it's 5 month descending trend line. If it breaks out first target is $950USD. Simple trade. Could break out now or could have a small retrace before re-attempting. Stop loss $670.
Just goes to show how the past reflects the future. Chart is simple, click the play button every 5 days and follow your path. I personally predict the blue path will take play. BTC is a year away from testing a crossover of 2 major trend lines that have been active for the past 7 years. As of now we can play scalp trades, I see a short opportunity today...
I've been getting quite a few messages to re-update for LTC. If you guys followed my posts from the past month of calling a retracement back to $154 and $136 from our high of $244, those who followed should be in great profits. Congrats. I'll post the links below just so you can click the satisfying play button :) LTC has MAJOR resistance between $175-178, LTC...
The beauty of Trend Lines. Shows how the past reflects the future. Back in October I started drawing trend lines on big time frames, stopped in Late December. As of Today those trend lines still move the price direction of IOTA. All of the BLUE Trend Lines were drawn between OCTOBER - LATE DECEMBER. All of the PURPLE Lines have recently been drawn as of...
If you guys are interested in Longs check my chart that I posted 35 days ago which I try to update on the daily. Click the play button on it if you have any doubts :) This is based on the fundamentals of my original chart, just in 45 min TF view since these areas now will be volatile with the direction of the market. We need to stay inside the rising wedge...
Bullish Divergence and reversal Ascending Triangle forming on the RSI. BCH has been on a downtrend since it's addition to coinbase/gdax. It'll all depend on how BTC acts around these levels of $8500-8900. Buy on a confirmed breakout for a quick 10% profit.
LTC obviously took the lead over "The big 3", since then BTC has moved 60% without making much effect on LTC's price, it has been sitting sideways for the past few days to 1 either give it's next leg up to target the 10 month old trend line which will meet with resistance around $300. Scenario 1 : It'll breakout upwards IF BTC can break out of $11.5-11.7k out...
BTC is currently facing resistance from a trend line that formed from it's first break-out a year ago from the single dollar stages. Although I do see it forming a rising wedge, if it manages to blow past through it and close on-top. If the rising wedge fails ontop of the trend line resistance it should now act as major support. Once broke out of the channel it's...
To me it looks like we will be testing $12,400-12,700 in the next 5-6 days. If price fails to break the major downtrend line I see it forming a massive pennant which should bring us down back to the $8-9K area. Resistance also coincides with previous major uptrend line as well as Major downtrend line. This isn't investment advice, but chart does look healthy...