LA18WOLF39

LA18WOLF39

There are quite a few reasons leading me to expect considerable appreciation on Ethereum around the end of the year/beginning of 2021. Bitcoin has just made its next leg up above $13,000. At time of writing (3:47 UTC) it is trading just below $13,300. I'm expecting it to reverse to the downside around $13,600 (from more TA I haven't written about) If Bitcoin is...

LA18WOLF39

This is an interesting one with upside potential that could play out quite rapidly. Ampleforth is a DeFi play that I found out from Data Dash. Data Dash is the leading cryto Youtuber and has recently been promoting this coin to his hundreds of thousands of followers. This coin went about 8x in just two weeks in July, then pumped 3.5x again after Data Dash...

LA18WOLF39

I haven't posted on here in over a couple of years but I had to make one before this plays out (it's flirting with a breakout right now). I believe that this main chart and the following charts (just as, if not more, important) build a very strong case for a potential major reversal on EOS, with both the USD and BTC charts looking extremely promising. Main Chart...

LA18WOLF39

This is a lifetime chart of BTC so I'm certainly using a log scale again. This chart starts in the early days of BTC, the bottom trendline originating from 10/06/10, at just $.05 (Yes I've excluded the two massively long low wicks on 8/30 and 10/08 so it's your decision to agree or not on their importance). I've extended this lower trendline to 3/25/17 where it...

LA18WOLF39

Well at least we've got some volume now. The trend line of support that I talked about in my last post was an extremely important level. Although we got the bounce off of it that I was looking for around the 7000 level, it paled in comparison to the momentum that we got from it in early February and April. 7700 down to 6100 in just a few days sounds pretty rough,...

LA18WOLF39

Using the logarithmic scale it's clear that BTC broke above the downtrend line back in April (normal charting showed a break above the downtrend back at the beginning of March). Because of this, I'm looking for the right time to take a position in anticipation of a reversal. Currently, BTC looks like it's at the top of a small downtrending channel, making me...

LA18WOLF39

After this atrocious bear market that we've had at the start of the year, it's clear that things are beginning to turn around for BTC as it's shown serious reversal signs of late, breaking out well above the 200 day MA and chewing through resistance levels such as 10K (more psychological) and 11K (more technically clear). BitConneeeeeeect is gone, the FUD and...