Seems ETH has been consolidating between 200 and 225 range for quit some time now. Also could be potential flagpole and pennant formed. We should see a serious price movement in the next few days. Up or down is anyone guess. Ive been locked in and im going longer and I still remain bullish as eth has broke out of the downward bearish trend we have been in for the...
Litecoin looks like a safe haven for investors in the run up to Segwit2x .
It is showing a bullish pattern with RSI around 30 (oversold range)
It has been able to hold the current volume - Positive trend for OBV (On Balance Volume)
MACD 12,26 indicates a trend reversal
Unless there is a major pullback from BTC, LTC is experiencing huge gains.
Hello everyone!
On the fundamentals side :
I believe the altcoin/token bubble is over. Most of the altcoin charts I see point down and the same goes for Bitcoin. I am of the opinion that this bubble popping will bring Bitcoin down with it (but to a much lesser extend).
Also, as you might have heard, Bitcoin has had a problem upgrading due to some miners...
If btc break resistance trend line (the top dotted line) it will launch, absolute moon... then most like fall, as it did last time. If btc bounces off resistance trend line (bottom dotted line), it will fall back down to the support.
Bitcoin has proven once again its highly repetitive nature. Whilst many people have called for the death of Bitcoin over the past few years, it has simply done what it always does and that is repeat. Many people have missed this by not looking at the bigger picture. Bitcoin has just played out over the past 3 years and is continuing to play out what happened...
The market seems to be experiencing a flood of new investors mostly "Get rich fast" kind of people.
I think we are about to begin a downtrend or at least sideways trend for the upcoming months, Set to begin in 2017, August.
Toping around 2000$ in the end of march.
If this goes above 2100, then we have fib extensions at 2565$ and 2923 for possible...
Two bearish Head&Shoulders patterns are developing on this hourly chart. There are two trigger lines, whose penetration can bring about new sellers. All major levels are drawn on the chart.
**Short-term trend is actually Neutral (error)
In my last post I anticipated the test of 1820-30 area to clarify short-term wave count. The price didn't reach 1820, putting a top @1815. As far as trading is concerned, I suggested going short on the brake of the pitchfork (you can see the label on this chart). This strategy worked well, as price slid from 1760 to 1682, where it found support @62% Fib. The chart...
BTCE:LTCUSD
I believe LTC have a bright future, but right now hype about SegWit is over.
Big players are quiting.
Breaking Daily trendline and $25 treshold will be complited H&S pattern, which means minimal $13 dump, I expect $12.7, may be deeper
Unfortunately, my last post was blocked due to ads rules. It called for more upside above 1800 based on impulsive nature of the advance from 1601 to 1747. At this moment the price is likely to test 1830 level, and this area may be very important because its test could determine whether the market makes new all-time high or not.
The difficulty is that we can't be...
