Another drop back to 0.236 support. RSI oversold at this stage on Weekly. Double bottom expected then side ways movement to long term resistance trend line, consolidate around breakout zone then breakout of a long term bear market for Lithium. I would start building lithium positions when it hits the 2nd bottom at 0.236.
We've closed a daily candle after solid breakout, which means we're now going to the moon. I honestly think LTC will be one of the best performaers in this bull cycle. The bottom was in (you can see significant volume and it was a V shaped recovery) and now we'll be making our way up. The only thing that could ruin this party (as always), is if BTC makes a...
Been beaten down for a couple of years, but we're in the 0.238 zone on the fib retracement chart where we would need to see some reversal to continue the upward trend. Fundamentally, there is still a strong demand for lithium so upward trend is in play. I believe this correction is almost over and we will start upward trajectory. This is a Weekly timeframe so...
I think the correction is done for now and going back up again. Watch those fib levels for take profit on the way up if looking to swing trade. Otherwise buy now and wait until confirmed market structure
I'm bullish with Bitcoin We're on a upward trajectory, out of the bear market. Will be choppy with 20-30% corrections, but will be heading up nevertheless. Probably best to hold on and start converting back to fiat once euphoria begins.
Market cycle playing out. I think we are almost at the bottom of this cycle. Invalid if breaks down.
Alnog with hidden bullish divergence, we're looking at a massive breakout. With the ETF approval being another 'sell-the-news' event (so predictable...), BTC is going to start dropping, LTC will keep USD value which means LTCBTC will go up. Invalid if re-test fails and breaks back down to downward channel. Share your thoughts in the comments section!
Could be a fakeout but if we close daily candle above $4, we could be in for some upside, followed be re-test then continue the upward trend.
Looks like reversal to upside after a decent consolidation period. MACD crossing on Daily timeframe.
Elliot wave formation. Looking for 1.6 FIB @ $1.26 MACD about to cross on 4H timeframe
We have been in a long consolidation period around ~35-40 mark for a few months. This is building a solid support, which aligns with strong fundamentals the company has. This means a lot of people have been accumulating at this range and when it does pop, it should pop pretty hard and rapidly. We are heading into a narrow range forming a triangle from where I...
Descending wedge with decreasing volume tells us sellers are almost exhausted and should go back up as we're still in the uptrend. Looking at breaking out of here then either moon or some more consolidation ahead. RSI is oversold, getting close to horizontal support at 56c and still above 200EMA.
RSI bottomed on 4H, Bull flag formed, Volume spike leads me to believe we're going to break out and go to Fib 1.618 extension @ ~0.195 as first target. Only started uptrend 11 Feb so I think it's still got some juice left in the tank to go further. DYOR and GLTAH!
A few ways this can play out here. Any bounces last few days have been all but weak and looks like the bears might be in control at the moment. The run has been quite spectacular from 10K and it didn't take long for BTC to reach just below 60k. There's a few strong support levels (marked in green) to bounce off here along the long term trend line and go back up....
We've broken mid-term support from upward channel around $42 and currently hovering around $34 mark. It has been a good run since beginning of Jan (done close to 4x) and the market needs to go through its cycle. There's a strong support around $34-$39 area so I can see it bouncing up and down here for a while to create extra strong support. I am still bullish on...
With plenty of great FA, Quant keeps on chugging along the channel. All dips being bought and no irrational parabolic moves yet. StochRSI showing oversold on 4H after some healthy correction, it has bounced off nicely off bottom and continue to move back up and range within the channel. Always DYOR!
QNT is having a great run thus far with excellent fundamentals. Still more to go with plenty of volume to back this up. QNT is having a little break to refuel but should break out in a day or so. Good area to have a break as $40 is a psychological resistance. Watch this tightning asecnding triangle range then booya!
Oversold on Daily, bounce off Fib. Looking for 1.6 extension at $6.20