Litecoin is working its way back up to a better ratio with Bitcoin.
I suspect that we will see LTC/BTC somewhere between .015-.025 this cycle.
Time will tell
(not financial advice ;)-<
Here's a glimpse of what might be in store for Litecoin this year; a future possibility.
What was once resistance may become support after the peak of this cycle.
Getting Litecoin anywhere under $333 is like getting free money.
(not financial advice;)-<
I think we can definitely retest the ATH if we break resistance again.
Currently trading in between 180$ and 120$ resistance so a break above 180$ could result in 200-300$ easily
At the rate of Grayscale buying LTC premiums, we should defo rocket to a new ATH.
See you all on the moon. Let's hold and long this baby!
(Disclaimer)
(This is not financial...
Total exchange volume, after reached ATH in early Jan, has since come back down, but is still much higher than it was a year ago.
Fundamental-
Grayscale’s Crypto AUM has recently surpassed $30 Billion lvl and it was mostly driven by hedge fund involvement. Average commitment is in uptrend as well.
Fidelity Digital Assets President Tom Jessop is bullish on...
This month, Polkadot’s DOT already gained +83%, displacing XRP as the #4 crypto asset by market capitalization.
Since the all-time high on January 16, the price wobbled, looking for support — it looks like it was found at around $15.
Grayscale, an asset manager with $20 billion AUM, recently incorporated a new trust for Polkadot. At some point they might use...
The 1-Hour Chart gives a pretty good reading on the recently volatile MANA / USD chart.
It may come down to re-test one more time--depending on what Ethereum decides to do.
"Don't you mean, 'depending on what Bitcoin decides to do??'..."
Well, yeah, but BTC's in a bull-run, if you haven't noticed (it's recent "decline" includes increasingly lower volume at...
Dear Traders,
In the last 30 days Grayscale has bought a bunch of litecoins.
This information is updated daily and you can be found here: www.bybt.com
If we look at the chart a clear double bottom formation is drawn.
It's time to do something about it.
Entry: @141$
Profit Targets:
TP1: 184$
TP2: 213$
TP3: 234$
TP4: 252$
Stop-Loss
SL: 135$
Horizen (ZEN) is rally on strong momentum to the ATH and just hit another resistance target with possible small pullback. Check video for latest thoughts on this project that is backed by Greyscale.
Previous Zen Video
The Wyckoff Method is a study of how market makers and whale manipulate retail traders to get in, and out of large positions. It's something any serious trader MUST understand. You do not want to get caught in distribution, and you don't want miss out on accumulation or re accumulation.
In this idea I am covering what seems to be a potential Wyckoff...
A lot of traders asked to see what the premium does after GBTC unlockings.
In this chart I added the indicator on the bottom, which is the premium.
As you can see, after unlockings the premium tends to shrink.
If you are trading GBTC premiums, buy a month before an unlocking, sell at the unlocking.
2021 Will Start Slow
With the holidays nearly over, the Grayscale Effect will go on hiatus for the month of January.
With unlockings being non-existant in January, the Grayscale Effect looks to be a non-factor over the next five to six weeks.
Recall, Grayscale Bitcoin Trust (GBTC) accepts investments from accredited investors. These investors receive newly...
Hello traders! Just wanted to give a quick update on Bitcoin, it is currently showing some potential signs of bullish contination here. I am seeing these potential signs of more upside and will go into each concept a little further below.
Bullish Signs Explained:
1. The price continues to print Higher Lows (HL's) which is characteristic of a strong upwards...
Horizen is a privacy-chain and sidechain tech that is backed by Greyscale ( grayscale.co)
More info on ZEN: www.horizen.io
At the date of this video remain in near top 100# which I think is under everyone's radar and extremely undervalued if you pay attention to what they are doing.
#Ripple is not looking good after that break and retest, worth a try for a scalp.
Also Grayscale selling their bag and all the Exchange delisting for U.S. customers aren't helping to go up!
Current Price= 0.2291
Buy Entry= 0.2274 - 0.2354
Take Profit= 0.2120 | 0.1874 | 0.1710
Stop Loss= 0.2508
Risk/Reward= 1:1 | 1:2.27 | 1:3.11
Expected Profit= +8.38% | +19.01%...
These are my thoughts on ETHE. They are meant to give you an idea, not trading advice.
So we saw a big rally in ETHE, I do was expecting this to go higher. Too bad.
But a correction is inevitable, and will tell us a lot about the future of this market.
- We just had a big capitulation volume spike which could mean the bottom of this correction is in.
- RSI is...
These are my thoughts on ETHE. They are meant to give you an idea, not trading advice.
This is a setup meant to go big.
- Almost breaking out of a pattern
- RSI getting to a strong point
- massive volume
- crypto bull market starting
I believe price will get above the white MA, then start a massive & aggressive uptrend.
I hope I'm right on this on.
Please be...
