How big will the squeeze be before the collapse? Resistances clearly labelled on the chart. I will short big if it gets into the Shortbox.
P.S. Do not expect BTC to repeat the same price patterns as 2011-2014. The protocol has changed. The value proposition has changed. The big players in the space have changed.
Fundamentals matter. BTC has fundamentally...
We all hear about segwit and what coins have activated it recently, but what is it, and is it really helpful? Does it add value to bitcoin or other coins? What can you do with it? Is it secure? Does it lead to centralization? These are the main points of contention with second layer projects and we will discuss, in short, the reason for these solutions and the...
I believe the bottom is in. 7.6k is possible to retest, but I believe BTC will be starting it's parabolic logarithmic run by may.
(BTC) Core is a fork of Bitcoin Cash (BCH) technically speaking and according to the white paper. A "peer to peer based electronic currency" Not a middle man system like the Lightning network, with an inherent security risk, and...
Pullback in Crypto markets with FUD from Korea. XMY went into a solid range where it has been trading for a few days, SegWit activation is scheduled to go live this weekend. Could be the rocket needed to get WELL out of this range and higher.
Image is self explanatory, even breaking .02 isn't a guaranteed breakout as seen in the past, but the upward pressure is there over the last year. Think of LTC being seriously undervalued over the years and more falling upwards in it's recent sudden rise to 400$(GDAX). LN and Atomic swaps will make LTC among others exclusive members of the segwit club with BTC as...
Litecoin has been incredibly good to me.
Today I bought back in as I see potential for some more huge increases :)
To back it up, here is the previous trade ideas:
"Coinbase money may be dumb, but oh so powerful!" (Third)
"Hodl those Litecoin's, impulse wave is forming again!" (Second)
"Let's Segwit This Coinbase Addition!" (First)
Today I am...
Ok so the segwit2x fork is going to occur within few hours. Every person holding BTC will receive B2X with a 1:1 ratio. Meaning if you have 1 bitcoin you will receive 1 B2X. If you have 0.3 BTC you will get 0.3 B2X.
No you don't need to do any action to get the B2X coin. After few weeks from today exchanges will start adding B2X so you will be able to trade it....
BTC has broken the 77 channel and will continue to break down until the next Fib Timezone. It will touch the 0.5 Fib then race up and to the 1.018 Fib, resulting in a 25% Profit before SegWit Activation around November 18th. Once SegWit has Activated and the Hard Fork occurs we can expect a correction to 5770.
The price reached the price of the ascending price channel . This zone could stop and reverse the market and we saw downward movement from 6500.00 to 5800.00 level.
If the price breaks the resistance level , it will be a new buy signal, we should expect upward movement to the zone between 6800.00 support level .
Alts are gone, and SegWit2X is coming on ~Nov18. approx.
Many are playing short on BTC looking for a retracement - I dont see it, at least for a week swing.
Dumped my alts, and now into BTC. I'll be selling before the fork. Looking for cheap alts, with extra buying power.
Anyone else feel the same? Let me know.
From our 1 day (24hr) Litecoin chart we can see we have formed a somewhat Head and Shoulders pattern. I do expect to see a drop but I don't think by a whole lot. My reason behind that is because the Total Market Capitalisation of the entire market hasn't really gone up or down enough, its been rather similar even though the alt coins have taken a bit of a hit....
after hitting double top on the head/shoulder formation, blk price has fallen down again to the bottom support.
with massive volume spike and segwit coming to BLK, opportunities are emerging.
LTC fell out of the blue channel, then out of the red ascending wedge, but is still within the red channel.
Using ALL TIME high and low for the fib retracement. LTC just made a strong move away off of trend line b and breached above trend line a, which is now support as we consolidate between trend line a and the 100% fib retracement (ie. the all time high). ...
Segwit activated now what?
Segwit was successfully activated at block 481,824 as expected, this will be good (hopefully) for BTC on long term
but those kind of events in cryptocurrency are bearish in short term (after Segwit activation).
Price could fall to 3800 again as another corrective wave (or even more).
In bullish scenario price could simply go to moon...