In align with the .01 and .008 expectation levels I expect LTCBTC to fall to, the USD value will also fall as the overall crypto market continues to deflate. LTCUSD showing bearish expansion of the Bollinger Bands across majority of lower timeframes and is now clearly below the basis and middle BB on the 2wk. The lines of support that will logically be next in...
Bleeding down. BB Kelts suggesting bottom in mid 3k range.
█ Summary Taking a look over on the Twitter side of the world, I see several reasons to love this stock at the moment and below I've highlighted the fundamental and technical components that make it a no-brainer to long. 1 — On a technical level, various of the Mid-High TF's are showing strong volume + bullish RSI divergence at this $60.00 level, which is...
Brief Analysis + Prediction of Litecoin vs USD Summary It's been 3+ years since LTCUSD touched an all-time high of just over $420 on Coinbase (Bitfinex chart shown here for length of price history). Some have even began to describe Litecoin as an 'old' or a 'boomer' coin, although these claims often come from the inexperienced, uneducated and likely soon...
Bitcoin Monthly TF Analysis Historic RSI Trend January 2, 2021 Eric Thies Taking a look at the Bitcoin Monthly Chart, shown here as Brave New Coins BLX Index, it becomes incredibly clear why the 1M Trend is one of the primary indicators many should be tracking on a macro level. With the price sitting at a lovely $30k, we are now reaching new highs that...
$100,000 BTC should be in the back of your mind if it isn't already. Scoffing at the idea? You aren't alone. But with price sitting at $16.6k at this moment, and a historic tendency to break all-time highs after reaching them, one has to consider the logic on what the next trend high looks like, as we approach the current all-time high of $19.5k. Sure there...
Context In November 2020, Bitcoin rose to a local high of $19.5k USD, challenging the all-time high set in December 2017. The run to $19.5k in 2020 occurred after a March low of $3.5k, and was highlighted by an impressive jump from around $10k-$19.5k in the Sept-Nov months. Summary Look for these ranges listed below. Support ranges 2-3 will put this period...
Summary Evaluating the historic change in the VIX from the 1992, 1996, 2000, 2004, 2008, 2012 and 2016 elections we can see that Q4 of each election year is a downtrend and results in lower volatility until the inauguration in January of the ensuing year, regardless of the result. **CLINTON ADDED To chart AFTER POST PUBLISHING** Will 2020 be different? Other...
Summary Initial 6 months after each event, the % gained over length of time is eerily similar. There appear to be different structures of uptrend after each the 2016 and 2020 halving events, but the percentages and over the length of time are noticeably similar in their result. As it stands, it's agreeable the numbers are at least similar. BUT, If Bitcoin...
Short - Medium Term Analysis Look for potential rise out of NEO as it retests the lower portion of its weekly res-zone. If blocked, a dip wouldnt be unlikely on NEOBTC from its current price of .00112 sats, with strong support located at its weekly low-bband at .00109 sats Any bounce up from these zones will retest its weekly resistance around .00124...
Evaluating BITSTAMP:BTCUSD on the 1h, 1D and 1W TF's Completely ignoring the debate about the relevance of the incoming BTC Halving and its potential impact on price action, here's the micro and macro picture for Bitcoin as we head into the last weeks of April. At the time of this post - BTCUSD is ranging from $6.8k - $7.2k in attempts to recover from the...
The buzz around Twitter implies BTCUSD is ready to start climbing again, and at first glance at the daily chart, it's easy to agree. But lets take a look at the higher frames, which ultimately win 9/10 times when it comes to incoming moves. Buy volume is typically generated in one of two ways White Swan News Event Massive price dump As of the time...
Not much in-depth analysis here as its a fractal that caught my attention. XRP not showing much movement through this entire market uptrend in 2019. ranging within 100% of itself (.26-.45), while other 'major' high caps are anywhere from 3-5x for the most part. Call it controlled, call it manipulated, it doesn't really matter....it's been here before and we've...
This will be less educational - and more of my interpretation. To address any questions on the Indicators use, its heikin ashi candles, with Kelt-Bollinger Combo (KBC) & Market God Indicator. Each the KBC and Market God 5.3 can be found for free in the public library by searching the respective terms. My bias: Bullish I will also include levels of support in...
ETH confirming its higher high earlier in the Spring, and now showing a higher low as well, each being a basis/criteria when identifying an uptrend. Technicals not needed for this one - AMAZON is in Ethereum. There is a grade of Ethereum being developed known as 'ENTERPRISE ETHEREUM'. Fundamentally speaking, it is not going anywhere. Technically speaking, I expect...
Wanted to take the time and point out what may not be the most obvious aspect of the BTC RSI right now - Ive noticed a growing 'beginner' follow base so if If unfamiliar with the concept, I suggest looking at investopedia or other online resources to familiarize yourself. Looking at this 3d chart shown I have 4 indicators on the chart - MGv6 PRO (visit my...
TLDR: Litecoin is consolidating above major resistance, and is in a Bullish Uptrend. Halving coming up in August. Incredibly obvious buy sign. Don't ask why, just notice the previous trends. Itll do you favors. Technically speaking, the BBands show supports at $52-$58.00 range in the event of major breakdown or tree shaking, however, the current period low of...
Really liking MANA from these levels. Could see attempted break from down trend/channel MACD showing bull divergence, indicating increasing buy interest Historic bounce level from these support zones Historically these uptrends are 70-100%+