Bludwood

Bludwood

I've seen posts saying that BTC has broken a long term trend line on the log scale. But if you draw the top of the channel, and a parallel line at the bottom, it has not.

Bludwood

Ripple.... It's not stuck at this price level, but it is finishing it's downtrend, and forming a wide base prior to starting a new parabolic curve to the north.... I'm looking for Ripple to begin a new ascent in June and remain in an uptrend for the remainder of the year. Lock in now at these low prices. The train to $5 leaves soon. - Blud

Bludwood Updated 

Continued update from 4/10 Trade --- Two majorly bullish signals today. 1) Breakout above downtrending resistance (log scale)... This line was already broken on standard scale. 2) Breakout above 99-Day MA which was acting as resistance. LTC looks poised to move sideways, and possibly retest the two above as support, before moving on to the 210-220's. Keep an...

Bludwood Updated 

This is a continuation from an idea posted on 4/10: UPDATE: LTC is continuing to consolidate at these levels under the 99 Day MA, and barring a major setback should be setting up to test the moving average again. LTC is supported by the 25 Day MA which is moving higher, while the 99 Day MA acts as resistance above it. Also - The MACD is still in positive...

Bludwood Updated 

Looks like we are nearing the end of this wedge formation.... Some pullback can be expected at contact is made with the downward trending line. Expect LTC to push through, and test this line as support before moving higher.

Bludwood Updated 

Folks probably through it was going back to $2 when it had already dropped to a low of $3.... But it didn't ....

Bludwood Updated 

Similar pattern forming here as occurred at previous low.... Possible double bottom forming, pending breakout of downward sloping lines...

Bludwood Updated 

The green line represents long term support. The red lines represent resistance coming off the peak. XLM continues to break through these resistances. Additionally, if you look at the places of significant price action, you can see a curved bowl developing....

Bludwood Updated 

This idea is an updated take on the previous idea. There are some similarities to the previous & initial break out / consolidation in 2017 to the recent break out / consolidation currently occurring. Over the next few weeks, look for some sideways / upwards momentum to propel XLM back to highs.

Bludwood Updated 

Looks like we are coming to the end of a descending wedge that may see XLM/USD break up or break down between now and 1/12.... Could a cup be forming for the next leg up?

Bludwood

Found support again after hitting resistance at higher levels... Look for LTC to rebound to 280 area before hitting resistance again. Longer term consolidation pattern almost complete..

Bludwood Updated 

Update from prior idea published. LTC continues to work through resistance, and has passed another down-trending line. It will face significant resistance in the 275-280 range, depending upon when it reaches that level (within a few days likely). From the 275-280 level, LTC faces a significant line of resistance trending down from the peak last month. It could...

Bludwood Updated 

I.M.O - After breaking through the down trending line, looks like LTC could rally to approx 280-300 before hitting resistance. Longer term bullish flag forming...