In this video I dive into why the USD (US Dollar) is going to shoot much higher than anyone thinks, and why Oil is going to crash in the coming months.
USD refused to break down and has now reversed course, climbing back higher, through key levels of resistance. I think we are going to see a lot of funds flowing back into the USA because it is the only country...
This is how I see LITECOIN
We have a clear broading trend since April with two trend lines that price has consistently bounced between.
We had that Parabolic move in December that attempted to break out of the upper trend line, but it has failed. After a quick retest of that resistance on January 5th (see red arrow), we have fallen sharply.
To me it just...
Another beautiful breakout from a bottoming formation in Z Cash ZEC here.
I am seeing a lot of these patterns among the coins like LTC and DASH
We reached all time highs on December 21, we pulled back to retest the 200 period average (blue line),
Now we are breaking out of what appears to be a combination of a double bottom and a head and shoulders reversal...
LTC looks BULLISH here.
Litecoin has been quiet over the last couple weeks, as other altcoins and even Bitcoin have surged. But we see that money flows are finally starting to enter LTC again.
We had a false breakdown below that long term trend line from 2017 highs. Now we are breaking back into that December consolidation range between the all time highs at 380...
Great Reverse Head and Shoulders here on the 4 hour chart.
Very Bullish Pattern
4 hour charts are the best for Crypto Currencies because they give us more pattern recognition than the Daily Chart and less volatile chaotic noise than the 60 minute charts.
A very classic bullish pattern.
If we break out above this 1160 area, which is also the trend line forming...
Litecoin looks like it's about to fall off a cliff!
Price has consolidated in a descending triangle pattern since hitting all time highs in the beginning of December.
This pattern should have broken out in the direction of the trend, up.
But when a bullish pattern breaks down, then that is extremely bearish, because not even a bullish pattern was able to hold...
It's finally time to pay the piper.
Bitcoin needs to CRASH NOW!
Many have called for it for a long time. How fitting if it came on
the last day of this crazy year of 2017.
We see this wonderful Head and Shoulders that formed throughout December.
Head and Shoulders is a bearish reversal pattern, but to be honest, they often fail and don't break down. But when...
Nice Cup and Handle pattern here on the 30 minute chart of Ripple.
We've made a few attempts at breaking this 1.30 level, and every time we pull back, but positive volumes are strong and I think we get a break eventually, heading up to that trend line which marks the upward sloping wedge pattern's upward bounds.
Break out would take us to around 1.36 and then...
IOTA against Bitcoin coming to the point of this consolidation pennant on the 4 hour chart.
The price has a history of bouncing off of th 200 moving average, and it is also holding above the support level that goes back to the summer.
If we break out of the upper trend line resistance level from this consolidation range, then we can be long against...
Another reverse Head & Shoulders pattern this time on Monero.
If we break out of the neckline, we should see a run of 10% back to the 200 moving average and former support / resistance level around 390/400.
If we pass 400, then we should see a retest of those all time highs around 460.
If we don’t pass 400, that’s a sign of weakness and I expect a fail and fall...
This Litecoin reverse Head & Shoulders Pattern resembels others
like XMR and DASH.
If one breaks out, I think they all break out to the upside.
In Litecoin, if we pop over the neckline at 280, then I think we have exstended upside to the 161.8% retracement of the head at 331. Then the measured move of the head at 366
Long over 280
Target 1: 331
Target 2: 366
Bitcoin Cash broke out of it’s rising wedge on December 19th after Coinable announced it would host Bitcoin Cash on their GDAX Exchange.
We saw an extraordinary rise to 4000 here on Poloniex.
The last two days, along with the entire crash of the market, we are retesting the upper trend line of that wedge around 2200.
If we can hold here, and put in a bottom,...
Beautiful Consolidation range here in Litecoin.
As Bitcoin falls and alt coins give us some big gains, Litecoin is just quietly going about it’s sideways journey, waiting for strong hands to come in and we see that the pullbacks get less and less, meaning higher lows, while the resistance is flat. The pattern created is an ascending triangle.
We buy on the...
XRP Ripple had a nice breakout over that consolidation level trendline
resistance in December.
In 3 days it rocketed 300% and then consolidated for the last week around that .75 level.
Now we've broken out of that first breakout flag consolidation, to new highs, so it looks strong. Based on the fact that it has made new highs, we can expect a measured move, the...
NEO here is attacking it's all time highs at 55
If we can sustain and hold that 55 level, then it's a great long.
Otherwise, we can expect a pullback back down to the consolidation breakout level of around 45.
Over all the trend is bullish, and if we get further consolidation, we should still be able to
break out above that 55 level.
Long Above 55
STUCK IN THE CHANNEL:
PIVX is showing the urge to break out of it's long time channel and go exponential.
If we manage to hold a breakout of this long time price range that connects the price highs and lows since March, then we should see a rapid and sharp rocketing of price.
If we don't manage to breakout, then we should stay channel bound, and head back down...
We saw a very similar price pattern in late November and early December on the 60 minute chart.
A a pop to 10k, a crash, and then a very gradual building sideways consolidation, forming an ascending
We see the same pattern breaking out now: a pop to 18k, a crash back down to the 200 day moving average,
a longer consolidation,...
Ethereum could be breaking out here from it's multi day consolidation flag / penant pattern.
If it can hold this upper trendline and move higher, we can expect higher prices based on Fibonacci targets.
Money moving from Bitcoin into Ethereum for safety as the Bitcoin futures launch could cause the next leg up.