FaalHaas

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Joined Netherlands
Markets Allocation
75 % cryptocurrency 25 % other
Top Mentioned Symbols
LTCBTC 50% | 2 XAGUSD 25% | 1 BTCUSD3M 25% | 1
FaalHaas FaalHaas PRO LTCBTC, W, Long ,
LTCBTC: LTCBTC ready for a break to the upside?
261 2 2
LTCBTC, W Long
LTCBTC ready for a break to the upside?

I opened another long on this pair from 0.0055. Why? LTCBTC has been oversold for 21 days on the weekly timeframe. Daily prices have been holding steadily for a few days while indicators were still deeply oversold. With today's move up and BTC hitting resistance we may be ready for another move on this pair. Fundamentally, LTC works. It is still being actively ...

FaalHaas FaalHaas PRO BTCUSD3M, D,
BTCUSD3M: More sideways ahead on BTCUSD?
226 0 2
BTCUSD3M, D
More sideways ahead on BTCUSD?

So, we failed to move past major resistance at $490 on quarterly futures. We have way to many margin longs on Bitfinex and everyone wants a free ticket to the moon. Another month of sideways will leave room for an LTC pump as it's trying to break from the LTCBTC ratio. Let's close these longs and start over, please?

FaalHaas FaalHaas PRO XAGUSD, D, Long ,
XAGUSD: Silver finally confirming gold breakout?
94 1 2
XAGUSD, D Long
Silver finally confirming gold breakout?

Silver closed above the falling wedge it has been in for a few years, following gold's move a month earlier. With the gold/silver ratio this high and keeping in mind current economic data, it is definitely worth keeping an eye on over the next weeks/months.

FaalHaas FaalHaas PRO LTCBTC, W, Long ,
LTCBTC: LTCBTC ratio finding a bottom, fasten your seatbelts
3573 23 8
LTCBTC, W Long
LTCBTC ratio finding a bottom, fasten your seatbelts

With the Ethereum bubble fueling loads of altcoin pumps these days, most people are keeping such a close eye on it that the accumulation on LTCBTC seems to have gone largely unnoticed. Litecoin is even considered dead by some traders, which to me signals a great buying opportunity. It is not a matter of if, but when Litecoin is going to pump again and when it ...

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