Bonds will dump back to the monthly 55ema over the next month Hedge against inflation with Bitcoin and Litecoin (not centralized defi scams) 2008 play by play Gotta get up to get down
This is the first time Ive seen the OBV rise on a dump LTC is holding above where the previous pump started, resistance has become support sitting just below all the averages, whales poised to eat all that liquidity to the upside trying not to spike price not enough coins to go around, no one is printing more, price must moon This correlated to the huge spike in...
200ema grey vs 55ema blue This chart has been right since june but I havent lol Im all in balls deep as promised
You can do all the TA you want, but the key is decision making and discipline a tiny lil move like this could change everything... or not I only go by chart, but there is a massive amount of spending and privacy development on LTC right now
Classic flip flopping.... If I look at the .5 and .618 macro cycle fibs from last cycle compared to this cycle, also keeping in mind the volume nodes I see the $700 range last time comparable to the $12000 range this time Im not fomoing in my trading stack till some sort of massive rejection, but that may not come until after like $13,500 or even a wick to...
I dont even think BTC needs to hit 10k, I just want to see the bears come out hard to test the level The longer it takes the worse it is for everything IMO, a faster dump will mean a faster price recovery Double fib resistance and massive level pressure down... What better day than today?
Big daddy Bitcoin needs to hurry up and get this dump to 10K out of the way so we can start sucking up all the infinite JPow free money!!! Im all in balls deep naked when BTC gets to 10.3 or below Im only short with nonhodl stack
History shows that unless BTC can break the fibs at 12k and retest the 20k, then beat 20k LTC will not moon Its not looking good right now I can see litcoin ranging the $50 mark for literally another year if BTC cant suck up all theis QE and break 20K no BTC $20K no altcoin moons no more
Over the next month BTC will either test one more fib up, or retest the 10K range easy best vs worst case scenario 10300 or below is a groffunteed profitable buy zone, if it goes up from here then its a great take profit zone If BTC retests 10k now vs the bullish scenario, then LTC may not break out of its triangle which would be real bad for LTC and it could keep...
Its either full bull and moons, or massive crash coming Fibs & EMAs are labeled, but theres a lot going on BTC ratio is holding and growing... Hard to find anything bearish atm
BTC broke out and will probably test the top of its triangle back to $9950 When BTC holds its breakout, this will confirm that the alts can now feel safu enough to also break out I see a strong test of $47-50 range to give the peeps that sold the 200ema, on the way up, one chance to get back in Also dont forget LTC will be putting its testnet privacy version out...
volume decreasing contracts are closed seems overbought Not sure if it can maintain the pump before testing $50, but it could If litecoin was to make a new high from before the big crash, as Bitcoin just did...it would be over $84
The fib is at $9900 or so, its just so bullish could easily drop to 55ema of $9700 could wick to 200ema $8900 all roads lead to moon tho
The 12hr did a golden cross (55ema crossed the 200ema) Most of the time it will smash back down to test how hard it can bounce off the crossing point, before a Daily golden cross can happen too I can see something like this happening red upper lines are all time triangle bounds CME contracts closing tomorrow, so hang on to your hijabs
Looking ripe for plundering I expect some bears to give it one last slam in august Monthly CME, BTC futures and options expire on Friday I expect volatility in alts Net Long, but hedged fo sho
Is this time different? This is the massive triangle we all know were in.. its broken, but has failed every time so far..not just failed, massively rejected... BTC HAS hit new highs in the number of new wallets created and total active wallets since the 20k bull run. This is the most important metric and if any time is different, its when new wallets is making new highs
infinite money for everyone, inflation is great, no more rules for banks, everything is magic ltc is even better buy if dips