ltc-joe

ltc-joe Updated 

Wave 3 of 5 may or may not be complete. I tend to think it is.

ltc-joe Updated 

This is not a drill. We just broke through resistance dating back to November 2015, 4 touches before this. Forget about your silly alts, this is the real thing. Geopolitical/economic events have/will continue to fuel this. Localbitcoins will go nuts in various countries. Bitcoin is digital gold. Bitcoin is money. The self-fulfilling prophecy has been fulfilled....

ltc-joe Updated 

I would not advise shorting the rocket. But I would be patient and keep your antennas up for the peak euphoria/hype. I know I know, I am an ETH hater, okay, but to be fair, everything in crypto has bull markets and bear markets. ETH absolutely will not replace bitcoin, its not even worth comparing, two different animals, and when bitcoin gets going and the reasons...

ltc-joe Updated 

Regulators reconsidering the ETF...do I think it will be approved? Probably not. Is this just an excuse for the price to rise? Sure. Price seems unstoppable amidst all types of bearish news events. Next stop $1450 or so.

ltc-joe Updated 

There’s nothing new under the sun in crypto. When big exchanges have problems, bitcoin has problems, only the system has improved and there are many more exchanges, thus the market is effected for shorter and shorter amounts of times. I’m sure everyone remembers the last gift Bitfinex gave us…it was blessing. Well it seems they may have another in store for...

ltc-joe Updated 

www.youtube.com #ArizeChikun .00825 or so is the 100 MA on the weekly: LTC/USD 4h broke out of the channel, looking bullish: All information is in the chart. This is just an update to the linked chart i’m publishing. twitter.com Coinbase announcement in the works? There is a buzz in the air. The haters have their shorts in place. There is a battle...

ltc-joe Updated 

The monthly just printed a spinning top after a long uptrend. My contention for a long time has been that we are at time period similar to April 2013, and the atmosphere in bitcoin seems to support that. So much uncertainty in the air as I have spoken about. Of course, things can change fast, if it became apparent or clear that either a. no contentious HF is...

ltc-joe Updated 

Looks like it's due for a correction..

ltc-joe Updated 

Looks like we either go down for wave 4 real soon, or make one more high for some nice bearish divergence.

ltc-joe Updated 

Sorry bulls, it looks like the downtrend continues… There was lots of celebration on this small rally (even more than the last), but it would *appear that we have put in yet another lower high. I see lower highs and lower lows. Still plenty of bulls to be rekt before we can turn things around. Many of you have seen my two charts (linked here) which pretty...

ltc-joe Updated 

Don't listen to me, I have no idea what i'm doing, unless of course you find something valuable within the content of the chart.

ltc-joe Updated 

.015 has been a key level for ETH/BTC. While definitely a bullish sign to have broken through, it is meeting a good level of resistance now. Although of course it could just break straight through and continue on up to the 2.618 extension/descending trendline from the double top. But a trip back down to make former resistance support for such a strong area happens...

ltc-joe Updated 

Why this could be totally wrong: Monthly/Weekly close 1 week MACD looks strong Cup and Handle break out Potential ETF approval Why this could be right: All of the information in this chart Could be a bigger cup and handle with handle just beginning Not shown in chart: 1 week RSI MACD potential bear div (oversold) potential bear div on 3d RSI...

ltc-joe Updated 

Looks like a good risk/return here.

ltc-joe Updated 

Welcome to the Litecoin Bull Market. Will update soon with fundamental analysis, and closer up details.

ltc-joe Updated 

The arrows and pink triangle are just wild estimations...but you get the idea, we continue on up as FOMO kicks in to test the old ATH...then people get short...then we make a small new high to take out the early shorters...then we come back down to create the illusion of a H+S top. This also will create the illusion of a double top on the zoomed out 1 week view....

ltc-joe Updated 

Eth is not immune to bubbles, I think the comparison to MT Gox with bitcoin is a good one, except this is arguably much worse. The situation was completely exacerbated when the community (term can be used loosely) decided to do a bailout, and Hard Fork. This was not the right move for a lot of reasons I won't get into, now we have two competing chains, no matter...

ltc-joe Updated 

I've been watching (and accumulating) ltc for almost a year now, I'll admit I was fooled by the false break out in April-May but I have used the last few months as an opportunity to pick up more at lower levels and improve my cost basis. The risk vs reward seems like a great play here. To me the upside potential is much greater than the downside unless you believe...