ozzy_livin

ozzy_livin Updated 

History indicates that unless price holds above the downtrend "45k" bitcoin will top out at 45k. What would follow is a retest of the lower trendline ~24k Bullish price action above 45k is similar to price holding above $100 in Aug 2013

ozzy_livin Updated 

A rising wedge (blue lines) has already broken to the downside. Price is currently retesting the lower bound of the rising wedge . The horizontal marking what might be the TOP of this relief rally. RSI has declined during this rally MACD is looking weak and poised to fall back towards negative territory

ozzy_livin Updated 

Energy Fuels, Inc (UUUU) has printed a head and shoulders with measured target from the break of the neckline suggesting a 60% fall. Volume and Relative is declining, with Volatility pivoting off yearly lows. Price target is 2.35

ozzy_livin

Caught this wyckoff distribution pattern this morning. Looks like ETH could retest 2700.

ozzy_livin Updated 

As suggested in our last idea, Litecoin retraced to the 0.789 fibonacci and found support at $210. After a big retracement, price has a tendency to retrace to about the half-way point of the drop. Price was able to rally back to $260, however, we expect price to fall again for the first half of May. However, this could be a great buying opportunity assuming...

ozzy_livin Updated 

Litecoin has ranged between the upper orange trendline and lower green trendline for the past few months. In a previous analysis, I mentioned that we were in a buy zone after bouncing off the lower green trendline. LTC has had a parabolic run from 180 - 335, and has reached our upper orange trendline. If price breaks the upper trendline, we will likely continue...

ozzy_livin

: ) keep it simple

ozzy_livin Updated 

The chart highlights simple pattern recognition. The "You are here" arrow shows a simililar structure to the current market conditions. Expecting LTC to gain momentum this weekend into next week and push into the 300's by April. The current price is 200.96, and today could be the last chance to buy Litecoin at $200.

ozzy_livin Updated 

Lucid Motors, currently trading as CCIV (Churchill Capital IV), is a Luxury EV production company with a very bright & bullish future. • Lucid's EV battery has been road tested and proven to outlast competitor batteries, reaching almost 2x distance of a competing EV - Porsche Taycan: 201 EPA-estimated miles - Jaguar I-Pace: 234 EPA-estimated...

ozzy_livin Updated 

Litecoin dropped 30 % and is setting the BUY zone between 175 and 165. It's possible that Litecoin will begin to work its way back into the 200s from here. A descending wedge could form as pictured above. During this time, corporations will be loading up at every swing low as retail buyers exit trades for a loss. Anything is possible in this market, but...

ozzy_livin Updated 

LTC has reached our BUY ZONE created on Jan 11th, reflected in the chart. Price bounced off 125 which also lines up with a trendline based on the Dec 11th and Jan 11th lows. We expect to see steady buying pressure throughout the remainder of January. We entered our trade at 127 and have our STOP LOSS set just below 125.

ozzy_livin Updated 

LTC printed a violent corrective move to 130 (the .5 measured fibonacci) and formed a second level down to 114 (the .618 measured fibonacci). It appears that lower support is currently forming at 125 which could trigger a bullish move towards 150. LTC could push as high as 180, but we feel this would simply serve as a DOUBLE TOP and price would fall from that...

ozzy_livin Updated 

LTC has given us 4 opportunities to CASH OUT at the TOP of ascending trendline. Usually, higher highs means the price is going UP, but this trendline has become resistance, and this drop, once realized will be the largest drop we've seen since November 24th, 2020. LTC has printed 4 perfectly placed sell points, and there will likely NOT be a fifth opportunity to...

ozzy_livin Updated 

This evening, I pulled up my WEEKLY timeframe on BTCUSD. Tonight I noticed a simple trendline I had drawn months ago. When I originally drew this trendline, it was a far fetched pipe dream, as it put BTC at unthinkable values above 20K. Little did I know, 2020 would bring the price of Bitcoin violently up to my "pipe dream" trendline. The current bull run is...

ozzy_livin Updated 

The charts appear to be identical, BUT.... The TOP is LTC in 2017 just before it launched to 420. The BOTTOM chart is 2020. If price respects the 50 MA, Litecoin should MOON! Happy New Years Eve!

ozzy_livin

Daily RSI has shown strong bullish momentum since we bounced off July support at 47 in September. Price has moved above our 2020 high's and Litecoin is currently valued almost 200% higher than it was in March 2020. We expect price to continue moving upward.... BUT Time to SELL? For those still holding March 2020 bags, now might be the best time to sell,...

ozzy_livin

On December 11, 2017 Charlie Lee, creator of Litecoin, tweeted that LTC could drop to 20. LTC was valued at 420 the following day, and then began a slow descent to 20. Charlie's 2017 Tweet - twitter.com Charlie just tweeted this "secret message" on Oct 31, 2020... ATH by 2021 twitter.com Technically, Litecoin is currently about to break ABOVE a descending...

ozzy_livin

BTC has matched it's 2019 high, and weekly volume is bullish. If BTC can close above 14k on the weekly, bullish volume will continue to increase. However, massive selling volume could be triggered by stop-losses that have been set betweeen 13,000 - 13,500. Until then, we are staying out of trades and have secured our profit for 2020. Weekly RSI is above 70 --...