Cardano is a very popular crypto in the community with a great team, white paper, and road map. The only problem is that they don't have a real product yet and wont for a long time. It's for that reason ADA 0.00% is not as bullish as other popular cryptos like LTC, NEO and OMG and thus is subject to the same pattern as all other alts finding massive growth then...
184 today confirmed a FIB retracement of .5 on a smaller structure scale. On the larger scale there's a second .5 retracement to target at 205. Then by history, expecting a dip back to 180 for a FIB .236 If LTC exceeds 205, possible 210 top, but not expecting any breakout just yet without consolidation first from this major dip. Also watch LTCBTC, strong...
No real TA, just a really cool looking consolidating wedge to finish off this bull run to the MAJOR RESISTANCE LINE! A line BTC has been short of since JAN 6th! That's 8 Weeks exactly. May we pass please!?!?! We're bored down here!
BTC looks ready to break out of this structure. Assending wedges are like gifts from heaven. And so far BTC is following this path perfectly. I also found a new trend line this time using the peak to go up. When things line up like this they're usually a point to look out for. $13,888 here we come!
LTCBTC has been very smooth in its accents and decents. So I've come up with a curve pattern that may show us the max bend a line can handle before it bends over on itself. Too late to explain details. This chart is mainly just cool looking
Not much to say, it's a big triangle. Seems in line with how long BTC is going to find a new all time high.
I've applied the same angle of previous structure to current. They are related as the breakout corrilates with previous. Same principal with the blue line. It appears to be on the .382 FIB extension. Applied to current structure that puts us at .02052 I still see .01433 as the bottom. If LTCBTC -0.11% goes to FIB .5 than you can jump back in the market as it may...
Cardano is a very popular crypto in the community with a great team, white paper, and road map. The only problem is that they don't have a real product yet and wont for a long time. It's for that reason ADA is not as bullish as other popular cryptos like LTC, NEO and OMG and thus is subject to the same pattern as all other alts finding massive growth then...
Before going into the details I'd like to note that this isn't BTC's first rodeo coming back from a dip. Looking at the previous 5 dips, this projection is in line with how it recovers and STAYS PARABOLIC. If this chart is wrong and BTC goes to its .786 at $8,800 support, then I'm selling all my BTC and staying out for a LONG TIME. Because that's a long road to...
This graph shows the relationship between wave 1 and 2 of the previous 3 wave structure projected forward onto this current wave 1 dip. I used the FIB Time Zone tool to project forward the market structure horizontally. Also I've set the chart to log and projected the same angle of previous high caps 1 and 2 onto the current cap of 1 at 20k. This gives me an x and...
Litecoin has been in this position before back around July 15th 2017, when BTC was starting to take the lead again with 40%+ Market dominance. This time though it has MUCH more competition. Litecoin up to this point has been beating BTC in FIB retracement everytime. When BTC went .5, LTC went .386, over and over again. This is how you take over an monopoly (BTC),...
The LTCBTC pairing has historically remained 1:1 as Litecoin is the Silver to Bitcoin's Gold. But LTC has recently been building a lot of hype around its new features and the charts have reflected it with very bullish retracements and being the first to spike up since the 6k BTC dip. There's reports of LTC moving to a market cap of 1:5 with BTC by July this year....
LTC looks to be almost complete with it's consolidation phase and If you know LTC, you know it likes pop after a FIB Wedge. I set the spike at 374 at a 2:1 from previous spike and it just so happened to be a point of high convergences with previous large structure. Also I'll note, LTC is queued up in it's LTCBTC pairing for a larger rally as it's reaching heavy...
Following BTC over the past year (4-10 hrs a day graphing learning) I've gotten to be quite familiar with it's body language. That's why this little thorn hurt me so much and haunts me to this day. BTC ALWAYS recovers bullishly, but looking at the descending fork it should be recovering each time on the next level or quarter level. Instead it falls short of the...
I've been watching LTC all night and have scene numerous occasions where it reacted overly bullish. Now that we've broken from our pitchfork channel, I'm changing my projection of LTC to skip the .382 and go straight for the .286 at $226. Then falling back to .5 to compete the structure. My reasoning is because tonight LTC dipped hard and fast to .618, checked it...
LTC has just finished an Elliot Impulse Wave this evening, and if it's anything like the last, we can expect a .386 bounce with a final .5 ABC retracement down to $117. That's where I'm putting in my orders in as I think this coin still has another big leg in it before major retracement as BTC takes over on its charge to 13800. I think USD on LTC should stay above...
Looking for a repeat pattern of the structure that we're in now, looks early similar to what we saw back in 2017. If we copy the action of 2017's market to today's current structure it looks like the LTCBTC parrying only has a little more elevation before a major correction from .0245 back down to our major support at .0143 Now I'd like to add as well, this is...