yesterday i posted a bearish DOGE chart as it appears there's a head and shoulders top being completed. one thing to note is the trendline... this is the third test of this important trendline. typically, trendlines are good for about three touches before giving out on the 4th, support/trendlines are only good for so long. i truly hope this trendline stays...
DOGE continues to follow the path of a head and shoulders top. Looking for a break down through support going all the way down to $0.0785-$0.0688. no daily support if we go below $0.25 until the next support area I just mentioned. anything can happen so have patience and see which way we go before jumping in. too much risk to jump in blind at this point not...
not much resistance on the weekly chart but for some reason, we're slowly moving up with little volume, which tells me we're in for a move down. furthermore, looking at the daily chart, it looks more like a bear flag than anything with a measured move down to $1,400-$1,250 (green box) important thing to do now is sit and wait to see what direction we move. too...
Bitcoin is creating a symmetrical triangle on the way down which leads me to believe there's some more downside. I've seen many charts calling this an adam & eve formation but I think the bears are in control right now and the symmetrical triangle and more downside is the play here. as always, have patience and stay safe not trading advice tg
Keeping an eye on an ADA fractal. ADA appears to be one of the more bullish charts out there in a time where the bears are trying to take control. stay cautious and have patience. not trading advice. tg
never expect the unexpected in crypto. this won't play out but can definitely see some sideways action for a little while longer before we move up. tg
LTC looks like it's trying to stabilize and move up after massive selloff. anything below $215 and we have a chance to go lower, get above $215 we have a shot at $260 area. Noticing somewhat of a bull flag on the four hour which leads me to believe we'll go up but I wouldn't count out another move down stay safe and have patience, no harm in sitting on the...
LTC forming an inverse H&S on the 4-hr, looking for a breakout of current area up to $368-$373 area.
DOGE is holding pretty well given the crypto environment at this time... looking like a little inverse H&S playing out similar to back in April. with DOGE being listed on Coinbase in the next 6-8 weeks, I'd expect a good pump before listing with a nice selloff once listed thought only, not trading advice tg
LTC and crypto continues the sell off, we need to finish $270 or higher to break the downside, if not, i'd expect $237-$226 area for next possible support stay safe and have patience tg
we get a daily close above $308, i think it's a good sign we rebound and move back up, close below $308 and especially $301, we move down to the next daily support area of $277 - $269. just a reminder that LTC went did a ~100% move up in 2.5 weeks so to me, this is a correction that was needed and was coming. overall trend remains bullish not trading advice tg
GOTTA ADMIT, LITECOIN IS ONE OF THE MOST FRUSTRATING ALTCOINS... THREE STEPS FORWARD AND TWO STEPS BACK... WITH THAT BEING SAID, I THINK WE'RE BEING PLAYED BY 14 YEAR OLDS IN THIER PARENTS' BASEMENT SO I'M NOT SELLING! I EXPECT A STRAIGHT RISE LIKE BITCOIN AND MORE RECENTLY, ETHEREUM... DON'T SLEEP ON THIS BAD BOY AS I ANTICIPATE A MAJOR RALLY IN THE NEXT FEW...
TYPING IN ALL CAPS IS JUST BETTER THAN ALL LOWER CASE... IMO... ANYWAYS, I DON'T SEE WHY ADA CAN'T HIT $5 BY THE END OF JUNE... GOOD FUNDAMENTALS AND A HEAVY REASON WHY ETHEREUM IS WORTH SOMETHING... MY CHARTS SUCK SO DON'T THINK THIS IS TRADING ADVICE CHEERS TG
DOGE isn't done... definitely has the chance to cause some FOMO... looking at a possible fractal to take DOGE above $2 tg
Somehow back tested the breakout on the weekly chart... ADA is about to have ETH hold its beer. My opinion... LTC is for collecting more BTC and ADA is for collecting more ETH. not trading advice and good luck tg
SKL has seen better days and so has crypto, with that being said, give SKL a few days to a week and we should move towards the top of the channel not trading advice tg
Nice bull flag in the making for DOGE right now. Really surprised to see DOGE stay strong today which leads me to believe there's more gas in the tank for another move up. tg
SKL is forming a nice bull flag like many lower market cap coins; another one to keep an eye on as we move into full blown alt season tg