Lorenz_Capital

Lorenz_Capital

Hate to be the bearer of bad news, but the us stock market is more likely to undergo a serious correction, as apposed to an extended 2019-2020 continuation rally. Aside from the fundamentals, macroeconomic and geopolitical factors, which are also pointing to a global "risk off" environment, the TA alone shows that the 75 degree angle of this bull market is not...

Lorenz_Capital

Here i am referencing the old structure of the last leg of 2014-2015 sell off- Notice the small bounce off of the oversold RSI level, then followed by a continuation into wave 3/3 towards the eventual bottom at $200. I believe we are in for a similar market cycle to play out here, with the initial bounce coming at 3k, perhaps rallying into 5k levels, then a...

Lorenz_Capital

If history repeats, keeping a close eye on this LTC weekly chart could pay off nicely. I believe we are in the wave 3/3 or the correction dump, and there is still a possible 30-40% downside left, before we see the bull response everyone is waiting for. The weekly oversold RSI is a solid by signal, but it may pay off to be just a little bit more patient here. $20...

Lorenz_Capital Updated 

Here is the chance to buy 5k BTC during EXTREME oversold conditions (daily and 4H), I believe this is a good opportunity to get long for the 6k floor re-test. We are in the channel support - taken to the closes, as well as very close to the 23.6 support level. I believe we will rally back towards 6k by the end of the year. Best time to buy? when blood is on the...

Lorenz_Capital

Here we can see a very nice looking chart - the potential opportunity to buy the 23.6 fib level coming in at ~ $0.60. (limit order buy) The major structure is outlined in yellow. Notice the 9 count that came in TWICE at that 23.6 fib level (TD Indicator) - a solid confirmation that the fib is still valid. This level will likely see some initial support respect,...

Lorenz_Capital

Here is EOS at the 23.6% fib level. If BTC can email stable for a few more weeks, Eos could get the tap on the shoulder, and finally break this wedge structure to the upside. TP level 1 would be at the 38.2% fib level, with a stop below $4.85 - representing a 5:1 risk reward ratio for this weekly hold setup. I'm in. Best of luck, hit the thumbs up.

Lorenz_Capital

Here's another beautiful lookig crypto chart - showing monero trying to take on HUGE resistance on the weekly chart, all at the same time. (weekly 20ma + Median of descending channel.) If id breaks through all at once, this will occur within the next couple weeks, otherwise we can expect the correction to continue, and the next obvious buying opportunity will...

Lorenz_Capital Updated 

Hey guys, As the alt market begins to heat up, it is worth taking a good look at Litecoin. Taking trend-line resistance from the weekly closes, LTC is currently battling this indicator, and a solid 2-3 weeks outside this structure could result in a massive re-evaluation back towards $75 levels. I like a long position entry at $54. TP target $74. SL $47

Lorenz_Capital

Potential to earn 20-30% more BTC by owning ETH for this next rally. Not saying it will happen for sure, but if you believe the bulls are about to take this round, ETH may be more attractive place for crypto risk exposure. Alts have been popping off as of late. (XRP, DOGE, BCH... ETH is due.) lets see a rally back to $300 levels. Best of luck, hit the thumbs up.

Lorenz_Capital Updated 

The TA for XLM is just a thing of beauty. The 20MA on the daily should show strong support now. If we start to see daily closes outside of this wedge (above $0.30) we could see a fast and furious re-evaluation back to the $0.50 psych level. I think $0.25 will be a solid bid if you can get it. set your alerts, this could get interesting. Best of luck, hit thumbs up.

Lorenz_Capital Updated 

Hey guys, hope you are doing well, these past few weeks of consolidation will soon result in a release of pent up energy, and volatility will come back in as the decision time is finally reached. The main thing that will drive the next big move it the structure break on the weekly chart - i have drawn a descending wedge to the closes, with the yellow line...

Lorenz_Capital Updated 

weekly close above 4200 will signal that this bull run is back on - targeting the 461% fib extension from the original up-move. Elliot wave pattern should play out nicely.

Lorenz_Capital Updated 

This is the trade setup for the bull case - 2:1 risk reward. Things to note - Low vol is a bit concerning, traders are all waiting patiently for the structure break. Also if this 10% upside does happen in BTC, I do believe there will be more lucrative long opportunities in some under-valued alt coins like IOTA, ETH, BCH, LTC.

Lorenz_Capital Updated 

If you look closely here, BTC is on the chart in the background, showing that IOTA has the potential to make up some serious ground against BTC, given a healthy bitcoin scenario. It is close to breaking out of a descending wedge, which would easily re-value it back to $1.00. Some big moves popping off in the market (XRP last week, BCH today and many others)...

Lorenz_Capital Updated 

Hi everyone, This descending wedge has to break eventually, and upside break of this trend-line is what the long-term bulls are waiting for. The weekly RSI approaching oversold territory. Also, we are currently trading at the descending wedge support, as well as the bear target on the fibonacci - 1.414% extension level. Also, we are seeing higher volume, which is...

Lorenz_Capital Updated 

EOS is one to watch here for sure - in the next week or so, we will get confirmation of either a break-out to upside fib levels (i.e BTC pushing back towards 7k). Alternatively, BTC could fall through the floor, sending EOS through it's $5.00 floor, and likely to test bottom of descending channel near $2.50. Either way there is huge potential in this trade. my gut...

Lorenz_Capital Updated 

Here it is guys, LTC vs.BTC - In my opinion, a healthy bitcoin in Q4 = a massive re-evaluation in our good friend Litecoin. still very oversold vs the USD, and an even better bargain vs BTC. See on chart for indicators revealing a screaming buy for LTC, but be sure to keep that risk management in play, because this set-up only works if Bitcoin can hold up above...

Lorenz_Capital Updated 

I think XRP is a solid buy under $0.30 here. we are running into multiple structure support - the first being the bottom of a descending channel, the second being the trend-line support from the old structure before the parabolic move to $3.00... If BTC does fall to 5k, this would land XRP back at $0.22 or so, where the blue point of control line is coming in. but...