CL0VIS

CL0VIS

Chart clearly shows the trend shift. We are now in the "buy the dips" mode until proven otherwise.

CL0VIS

Daily Double bottom at 9100 confirmed. Looking to add on the first 4H profit taking wick down around 11100. (4H mid BB for healthy daily consolidation/Daily 5sma support). Volume is good. Very notable that BTC rallied like this when China devalued the Yuan.. slowly but surely becoming a safe haven play.

CL0VIS

Weekly chart has me a bit more cautious as 5 SMA is now sharp down and there is a gap to fill on the CME chart around 8400. BTC weekly chart has me looking for another leg down. Weekly 5 SMA now pointing sharp down and acts as key resistance. This tells me weekly consolidation is under way and has me looking to the mid BB for a level of strong support. This also...

CL0VIS

Price action showing a potential double bottom in a key zone. Daily MACD is improving and 5 SMA is starting to flatten, both improve the double bottom/bull case but there are a few other key tells that have me skeptical, especially on the weekly chart(see the weekly chart that follows for details). We still have Daily mid BB pointing down and we are now below...

CL0VIS

Staying patient here, as LTC approaches its weekly accumulation zone. Will look to start adding longs once price reaches zone.

CL0VIS Updated 

Watching this Wedge form, will add longs 8650-8850 range if we see another push down. Stop below wedge support. Vol on break is key. If wedge breaks Bullish, Target 11200. Bearish Break has me looking for further weekly consolidation.