AMP has formed a diamond pattern which can mean one of two things, a diamond top (since overall trend has been up) or a continuation pattern. one of the things i do if there's a pattern that can go either way is go check the BTC pair... so if you look at the AMPBTC chart, to me, it looks like a descending wedge that's about to break upwards... so with that, i...
looking (hoping) LTC goes down a little more, green box = buy. we manage to reverse this crap formation, would look to the green box for a profit (if holding) not trading advice patience is the best skill to have during times like these tg
LTC in the midst of a rising wedge with no buy volume makes me believe we head down some more, one more drop before october? not trading advice tg
keep an eye on DOGE... to me, it looks like an inverse H&S with a bullish divergence. not trading advice tg
DOT creating a H&S on the four hour when looking over the past few weeks; however, when zooming out and going back towards end of May, DOT is developing a larger inverse H&S (reversal pattern). Anticipating DOT breaks down here and moves towards the $20 area before it regroups and pushes higher, possibly $80+. not trading advice, just my own $0.02. be safe and...
Using an algorithm i made up in my head, i've determined the path to $1,300 LTC by the end of November. not trading advice and would be interested in your price target(s) for LTC by the end of 2021. stay safe tg
BTC - looking for a move down before we eventually break the resistance area of $40k anyone longing here at resistance is bound to get burned... although i do hope i'm wrong and we just moon, but highly doubt it not trading advice tg
not liking the price action for the moment. until we break above $1.33 and get a weekly close above this area, i'm looking for more downside in the immediate future not trading advice tg
Bear flag for ltcusd has broken to the downside. would expect a throwback up to the area we broke to the downside before a move down to the $94 area. not trading advice tg
ICP has done well the last couple of days. move up with strong volume and RSI just getting above 30 in the last couple days should be a good sign for more upwards momentum. we break $58-$66 resistance area, should move up to next resistance area of $108-$125... something to keep an eye on. not trading advice tg
looks like ETH is breaking down... would anticipate a drop further to the $1400-$1240 area. have patience not trading advice tg
BTC has somewhat of a bear flag going on with a potential measures move down to $20k area. if we are able to get a daily close above $35k, i would say the bear flag idea is invalidated. be cautious not trading advice tg
Welp, weekly supports have not held so go to the next one. Looking at the $79-$69 area to fill some bags of litecoin. Any bounce between now and then is a dead cat in my opinion. stay safe and not trading advice
Looking for BTC to back test the break out of the flag pattern... some would say this is a bear flag but i tend to look at this flag pattern as neutral and for price to follow the breakout direction. would expect a test of the $37,700 - $37,400 area before progressing upwards towards $45k not trading advice tg
ADA looks to be forming a rising wedge with decreasing volume. I'm looking for a breakdown to the first support area of $1.10-$1.04, if that should fail, next support area would be $0.94-$0.84; additionally, ADA can't get a daily close above resistance, $1.65. rising wedges are one of the worst performing chart patterns so there is a chance price could break...
on the shorter timeframe chart, it looks like DOGE is trying to create a diamond bottom... or it could be a continuation to the downside. we break up, look for resistance at $0.36 really have no idea where we go from here but in any case, have patience not trading advice tg
another crypto chart that looks trash and is trying to find support. looking at the $0.95 area for a bounce upwards be smart, have patience, and this is not trading advice tg
don't get fooled here, and by God, have some patience... i can see a slight rise in price to get some suckers to buy and believe that was the bottom, but my opinion is we get more downside... need a close above $41k for me to be a buyer, anything lower is chop and will shake you out be safe, have patience, and not trading advice tg