LTC is currently trading within a channel on the hourly that is hard to feel good about as a bull. I am still patient and waiting for a trade to come to me and it is not happening here. I will be looking for a BTC flush of $8k or a clear break of resistance before looking for a trade. This is a good time to establish a game plan for both scenarios of direction,...
BTC on the 4 hour visual looks like a bear flag as we had a bull break o resistance and completely turned around bearish right after. Still not liking the trading within this range... so we wait and do not trade until conditions get more favorable. Sitting on our hands can be hard, but this is a great time to invest time into learning more. People say "If I...
LTC had more space before breaking support than BTC due to a stronger bounce as highlighted in the video yesterday. We are now watching if BTC can change the trend on the 4 hour chart to put the bulls back in control, which would have the daily charts for ETH and LTC looking much better than BTC. Still patient at this point, but establishing a game plan for two...
As described in the video yesterday, BTC could drop to a lower low on the daily while ETH can hold much longer due to the size of the initial bounce. This daily chart is still looking good for the bulls to remain in control, but we must be cautious if BTC breaks $8k support. BTC changing the 4 hour trend back to the bulls would have ETH in a very bullish...
BTC saw a very weak and slow hourly oversold bounce start last night and get a boost up this morning on a big 5 min candle. Zoom out to the 4 hour chart for Anti-FOMO as it is very clear we are setting a lower high after coming off a new low. Still patient and watching for a potential break of $8k support to trigger some stops. We will need a 4 hour higher low...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of May 2018 . Using this buy in point and selling at today's price, you would have expected to net 35.67% PROFIT!!! The increase in price may also be explained by positive developments including: April 4: Cybermiles announces that it is fully compatible with...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of May 2018 . Using this buy in point and selling at today's price, you would have expected to net 20.17% PROFIT!!! The increase in price may also be explained by positive developments including: April 18: Crush Crypto (a cryptocurrency analysis site) identifies...
BTC and ETH just broke their overnight equilibrium bullish while LTC still has hourly lower highs in place. There is a double low of support in the $144s which is a must hold level, or the lack of support underneath will shift momentum to the bears. Bulls are trying to gain 4 hour EMA support and see the 12 period cross the 26 bullish. This has already occurred...
After rejecting from $740 3 times on the 4 hour chart, the bulls broke it last night and only held it as support for a few minutes. We saw stop buys trigger and flash the price to $746 before immediately falling back below it. It will be notable today if bulls can hold this level as support. 4 hour EMA 12 and 26 support and bull cross following through, and the...
Bulls just broke from an hourly equilibrium that has been forming for the last handful of hours, and now are looking up to the high that we have seen on this bounce. The bulls are holding 4 hour EMA 12 and 26 as support, but these EMAs are also resistance on the daily. Currently back to all cash and patiently waiting for a clear setup. I am not losing sight...
After a brief 2 day bounce for BTC and ETH, we have pulled back hard and lost the 4 hour higher lows on both BTC and LTC (Not ETH) We are looking for the bulls to hold this low and see continued recovery with hourly higher lows and higher highs. If we break support we know the bears are back in full control as we get ready for 4 hour oversold conditions again....
ETH pulled back hard with BTC last night, but has way more wiggle room before getting to the low of the daily dump. The bulls are forming an 4 hour higher low and remaining in control of the bounce. From this position, due to favorable correlation, bTC could drop to a lower low and it would likely take a break of $8,000 for the ETH price to get back to the lows...
With the start of Consensus today, many are expecting bullish action during the event. Currently we are still seeing bears strong with the flush last night. Bulls held the low of the dump, and are trying to form a higher low to recover. Potential for a 15 min bear flag this morning and we have to be cautious of how much faster bears make their move than the...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of May 2018. Using this buy in point and selling at today's price, you would have expected to net 26.57% PROFIT!!! IN 24 HOURS!!! The increase in price may also be explained by positive developments i including: April 24: Ontology is ready to release its new...
Corrections galore over most coins in the market and Litecoin is no exception. Small signs of a possible trend reversal as Litecoin may be meeting support at the 50 period moving average near 139, an the BB% shows a slight uptick. We are also at or around the lower Bollinger Band so some support can be expected. We still need to wait another 24-48 hours to...
Another correction period for Etherum as it has had a great run the past few weeks. It has finally pulled over the 50 period moving average and kept the run, though as everything goes up a correction eventually comes. Etherum though has started to slow a little bit. The Heikin Ashi candles are getting smaller, though still below the 20 period moving average and...
I have not posted in awhile due to a busy life the last week or so and the market overall seems to be in a corrective state, however i believe for Bitcoin the correction may be coming to an end within the next few days. Bitcoin is right below the lower Bollinger band and the Heikin Ashi candles are starting to shorten a bit. The BB% is oversold and shows some...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of May 2018 . Using this buy in point and selling at today's price, you would have expected to net 16.14% PROFIT!!! IN 24 HOURS!!! The increase in price may also be explained by positive developments including: February 24: HowToBasic (Youtube Personality with...