Augustus_Lee7

Augustus_Lee7 153 views ・

As alts start to break key resistance levels, bitcoin isn't far behind them. Possible wave 2 in the works which should take us to test the previous all time high

Augustus_Lee7 274 views ・

As this run continues, expect a reversal at the resistance formed by the 20k and 14k highs. Price should find support and break out after consolidation. (Although not likely, it is possible it will break the 20k & 14k resistance so play the area conservatively)

Augustus_Lee7 130 views ・

Yeeeaaaaaaa Boyyyyyyyyy. (If you cant read the chart without an explanation, you probably should save your money)

Augustus_Lee7 446 views ・

So my previous chart I explained the market cap and dilution issue I have with XRP, Here is a chart over a 5 year period showing the divergence in bitcoin and XRP and how dominance has changed relative to the dollar. At first XRP was Trading stronger against bitcoin relative to the dollar, but as time progressed, XRP ended up trading weaker against bitcoin in...

Augustus_Lee7 980 views ・

One thing I have noticed while trading and investing in crypto, is that many people neglect to take shares outstanding or "Coins outstanding" into account. Many fall victim to clever marketing campaigns and a lack of investing knowledge. XRP has 100,000,000,000 shares outstanding. Yes, thats 100 billion with only 43 billion currently in circulation. Current market...

Augustus_Lee7 203 views ・

Still sticking to the head and shoulders pattern, but changed a few things

Augustus_Lee7 352 views ・

Long term pivot on the 200 MA

Augustus_Lee7 55 views ・

No idea haha But BTC is starting to print a bottom..

Augustus_Lee7 188 views ・

Read the chart

Augustus_Lee7 204 views ・

As we start seeing signs of a possible reversal (reverse H&S) the long term trend is starting to line up properly using impulse wave theory. Should see BTC trade within the 6,500-19,000 range in 2020

Augustus_Lee7 96 views ・

Self explanatory

Augustus_Lee7 148 views ・

I've been seeing allot of FUD recently in regards to the long-term outlook of Bitcoin. Everything is lining up nicely and nothing seems out of the ordinary. The general target myself and others have for a new ATH is $250,000 USD. This aligns perfectly with the current contoured trend and matches the consensus on longer price cycles. Bitcoin also will see a halving...

Augustus_Lee7 381 views ・

Self explanatory

Augustus_Lee7 99 views ・

Chart is self explanatory impulse wave, take profit when price touches bearish channels resistance, price should enter a correction and possibly reverse if support is found. If this happens, enter long conservatively because its likely to lead into a breakout.

Augustus_Lee7 99 views ・

Not giving my opinion, tell me yours. Which is more likely? 1, 2, or 3 or none and I suck?

Augustus_Lee7 198 views ・

Like always, im not one to type out some descriptive bullsh*t when we all can easily read charts without some narrative explaining what we can all see. With that being said, price may break below support. If that happens, next lvl is the 6400 range. Id expect this to hold strong and reverse price upward. This would turn previous support into new resistance........ Fin

Augustus_Lee7 145 views ・

-Watch For double Bottom or broken support -If support holds and makes a double bottom, watch for upward and sideways movement starting to form a cup and handle. -If support broken, next defensive support @ 100 range 18 million every year ETH Minted every year. ETH Current: Market cap 16 Bn Supply: 109 Mn Price: 150ish Market cap would have to increase by 2.7...

Augustus_Lee7 102 views ・

From here we should see price re-test the current support. Once confirmed, price should reverse, break through minor resistance before re-testing the greater trends resistance. This should hold before price consolidates leading into a breakout