CryptoDude79

CryptoDude79

Now is the time to get ready for the 2023 LTC halvening. You want to be way ahead of the herd, as this should be the big headlining event in the crypto space next year. Top to bottom last halving event was December to December. The crypto market is currently capitulating per my previous idea. Buy Zone is indicated in purple. Date ranges and price drop...

CryptoDude79 Updated 

BTC looks primed for a move down to $32K over the next 2-3 days. That price level may provide a temporary relief bounce, but even then price action could just continue down. This would be a last chance price level before continuing down to my $18K-$20k near term bottom. Watch for a break of this bear flag on the lower time frames, which is just a smaller flag...

CryptoDude79 Updated 

Greetings everyone. Check out my chart comparison of the period just prior to the stock market meltdown (on bottom) to where we are now here in 2022. Looks awfully similar to me. All kind of voices screaming don't fight the FED this decade plus long bull market. Now with the FED raising interest rates leading to demand destruction with the intent of...

CryptoDude79 Updated 

I've been watching the market very closely the past couple of months and this does not look good. What I see is a bear pennant that just broke down. BTC has already had a monthly MacD cross down, broken this bear pennant, and is about to have a bearish 4hr 50/200SMA death cross. All bad news to me. If this does play out with a 50% correction, just imagine what...

CryptoDude79 Updated 

After a 600% move up last week, MANA looks to make another run with a near 3X return off the retracement lows. 4HR MacD is curling up and ready to cross. BTC chart pair looks great as well. Take profit levels would be $3.95, $4.95, and $6.80 Personally, I believe it will reach all the way to $6.80, which is my measured move and just above the 1.618...

CryptoDude79 Updated 

The next 2 weeks in the market will likely be a roller coaster ride of volatility and emotion for inexperienced traders/investors alike. I see red flags everywhere in the markets. Lots of bearish divergences, rounded tops, complacency, bullish sentiment. New high after new high in the traditional markets, with cryptos also on a nice rally. I've been keeping...

CryptoDude79

Raven is giving a nice buy signal. MacD cross on the daily, Heikin-Ashi turning green, breakout and retest of the 2 month long pennant it was consolidating inside of. Target near $0.49 Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.

CryptoDude79

It's that time again for Hashgraph to start climbing the CMC ranks with a move to $0.69 If you are planning on grabbing more Hbars; doing so before Sunday night may not be a bad idea, as I expect price to move up in a big way next week. It has broken out on the daily and is currently consolidating along with building strength for a price explosion. Should be a...

CryptoDude79

Clearly OMG has broken out on the BTC pair. Currently back above the 200 DMA and this should be a fun ride over the next 3-4 weeks. Measured move takes it back to late August 20 levels. Priced in USD that would be $26-$32. I am primarily a swing trader so I'll be holding on for the whole move. Critical levels are marked in dotted yellow lines for those of you...

CryptoDude79 Updated 

Hope you took advantage of Doge which I made a post back on January 9th. I labeled this neutral as it will likely go up resulting in a bear trap. All of you out there quoting 10-14 cents be careful. I see this coming down to the 4.4 cent level, which would be a great place to step in for a good sized bounce. It's been a fun ride but all good things come to an...

CryptoDude79 Updated 

There has been a period of consolidation over the last few weeks with no major moves yet. Alts have started moving up, but still seeing a lot of bearish opinions and uncertainty. The top panel you will observe the Total MC for cryptos. It's currently in a symmetrical triangle. The bottom panel is all Altcoins, which is in an ascending triangle. I'm...

CryptoDude79 Updated 

This project has multiple Fortune 500 companies on it's board and they are likely to announce more council members announced soon. Hedera currently has the most transactions per day out of any crypto with a daily average of 3.5 million transactions. They are currently approaching a milestone of 500 million total network transactions. I believe this DLT is going...

CryptoDude79 Updated 

I'll cut straight to the point as this is a super exciting development for Hbar. You will notice the debut week in September 2019 it plummeted down to just 3.8 cents. Since then it has tried multiple times to go higher only to find rejection at the $0.054 level. Wicks have gotten above it but no body candle. Well, for the first time ever the weekly close...

CryptoDude79 Updated 

The dollar has been in a downtrend since late March 2019 and I'm expecting a bearish rejection off the 50DMA. If this were to happen I expect us to reach new lows, which would be very good for stocks and crypto markets. Inversely if the dollar is able to break the turquoise downtrend line then that will be a worrisome signal. One thing to take note on is there...

CryptoDude79 Updated 

Litecoin broke down as I suspected. It was up against too much resistance and lots of profit takers at the $180 level. It's currently creating an Inverse Head Shoulders with a target back up to test $180. That would be a nice level for profits. After that I see a healthy retracement down to the $154 level to build liquidity; so we can go higher for another...

CryptoDude79 Updated 

Everyone flipped bearish so soon. Just days ago we were all heading to the moon and now everybody is expecting a plummet. That is why you have to keep your emotions in check as a trader. The herd is usually wrong so I believe we will be testing the high in Alts MC over the coming days. Once we get back above the $307B MC and test it as support this move up...

CryptoDude79 Updated 

So after the ascending triangle breakdown we still have hope for a spectacular move up for ETH. If you zoom out to the weekly time frame you will notice that a GIANT cup and handle pattern has formed. We just experienced a classic 30% correction forming the handle portion. Macro target for profit taking is just above $2K as this will be a quick move over the...

CryptoDude79 Updated 

XLM looks to be breaking out of a beautiful bull flag with a near 60 cents target. With BTC looking to possibly move up this seems like a good entry. Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.