ltc-joe

ltc-joe Updated 

Update. 6h chart. Looks like the complex correction may be complete. Assuming we can get back above the red line, and eventually break the channel i'm looking for (at a minimum) a 50-61.8 retracement of this whole move down, and possibly even a move to new ATHs. But one step at a time.

ltc-joe Updated 

Something does not seem right about this fork, what if it was just an orchestrated event like everything else in bcash's history? Just something to consider...what happens if they call it off? Anyway, regardless this is what i'm looking for as far as charting is concerned. Could be wrong. Careful with this coin.

ltc-joe

If support holds here could be some good potential. Careful with this coin though.

ltc-joe Updated 

Elliot Wave is often made fun of by some...perhaps this is because it happens to be the one form of analysis that is most frequently abused in order to curve-fit to ones's bias's. But to those who truly understand it (to be honest I am still learning after 2 years of study) it seems like it is abused most by those who are very new to it. And I don't say that to...

ltc-joe Updated 

Stability is driving me insane...send halp! : )

ltc-joe Updated 

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ltc-joe Updated 

Downtrend appears to be losing steam. A break above the orange horizontal resistance line should solidify a decent move up.

ltc-joe Updated 

Capitulation by year end? 3d chart.

ltc-joe

Could we be at the "bitfinex hack" part of the cycle? Food for thought.

ltc-joe Updated 

Weekly: ...no bears were hurt in the making of this chart.

ltc-joe Updated 

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ltc-joe Updated 

and potential for a wider market reversal. 4h chart...50 MA has crossed the 100 MA which has in the past been a very strong buy signal. Note the sell volume on the head is less than on the left shoulder. Than it's even less on the right shoulder (assuming the lows hold). Confirmation on a break of the neckline as always (with some volume ).

ltc-joe Updated 

While ADA looks the least bad out of the smart contract coins...they all look pretty doomed IMO. Nonetheless, if bitcoin shows strength here over the next week or two it looks like a good bounce play here in the short term. Good luck.

ltc-joe Updated 

Updating this chart from December, cleaned it up a bit and added the pitchfork. 3d chart...price at critical support, if it holds (I think it will) then I'm still looking for a huge move up for wave 5. If we start to close candles above 0.02 that will be the first confirmation...0.026xx will be the second. Beyond that and it means we are going much much higher...

ltc-joe Updated 

Looks like we could move up to test 8k, possibly even go higher to 8800 or so. But then we could get a big move down for wave C. Gluck : )

ltc-joe Updated 

C will usually end slightly above or slightly below A.

ltc-joe Updated 

Looks like it could test the highs or even go higher for wave 5. And yes 1 and 4 can overlap a tad in illiquid markets.

ltc-joe Updated 

As long as the price does not start closing candles below the "bitconnect" level then it seems like we are in a wave 4 that is nearing completion if not already complete.