I think if we can get a daily close below 67.75 we have a good chance at seeing a mini alt season if not a pretty decent one... Taking as down to about 60% Not many people on CT or in the retail world are talking about alt szn right now / anymore in general, they're all so rekt it's not even funny Have the weak hands finally been flushed out of alts?
Moon or death? I wouldn't be surprised if we range here for the next few weeks inbetween 8.8-10.3 A weekly close over 10.3 would be very bullish imo, but until that happens I am still highly considering this all to be one massive bull trap before we head down to 5XXX
Lambo boys strap in, Square is the new Bitcoin
Micro - Possible bounce Meso - Bearish asf Macro - Still bullish Currently long from this dip. Playing it as a scalp and watching price reaction as we approach my red horizontal levels above (assuming we don't continue dumping from here). Will be looking for short hedges or even a short swing play down to 6.8-7.2 on the Meso TF if we do get a bounce from here -...
I started trading traditional markets recently alongside BTC Wow how calm it is over here compared to crypto - really enjoying it so far to be honest Current price 63, targeting 80 for the gap fill on the daily Strong bullish divergence with a possible ascending triangle forming 26% possible profit - may take a few weeks to play out Stop around 61.5
Litecoin looking propped for a breakout, but it must happen soon.. Risk management has been set accordingly OBV possibly about to breakout upwards out of its ascending triangle formation - already broken out of it's falling wedge Stochs headed up to the sky - getting back within the 10H bullish control zone All other top cap alt's leading the way - LTC looking...
Consistent closes over the bullish control zone with what looks to be bullish absorption when comparing the candles and volume - Leaning bullish but not with significant probability - Tight stops set
Not touching this thing... Even if a long off of a triple bottom macro support could work out here and get me some more corn... LTC looks toast and I don't want to expose myself to something like this The decreasing volume profile was broken out of with higher sell volume - Insinuating the selling pressure is not over, but will continue from here
A lot of FUD right now regarding LTC.. Sitting at a HH support.. It's do or die time right here.. a macro reversal is no where in sight, but if you want to play a macro support long....... Set a stop, because if this breaks down..... RIP
Tight stop <2% If broken, will be watching for something aggressive either way - doom dump, dump with aggressive bounce, or straight moon from here
Major Hidden Bull div... Moon time?
Looks like a bottom, smells like a bottom, tastes like one too... I don't trade bottoms though... "I never buy the bottom, and I always sell too early" - Jesse Livermore If we can get above the red box, I'm a believer in alt szn (kind of a joke) Even if Peter Brandt's current narrative of 80% decline in Total Market Cap comes true, the top coins could still...
This would honestly be hilarious if this BTC.D plays out as a H&S and alts begin mooning... especially after everything I've posted recently on Twitter regarding the doomsday scenario to stay objective towards and watch out for I am still directional bearish on the entire market in general right now, but we are still technically in an area of consolidation so I...
If we can get a 4H close over this overhead supply zone, we have clear skies above! OBV and RSI maintaining bullish continuation with HL's and HH's Descending volume channel breaking out with engulfing bullish volume
Serious bull div - not entering until further confirmation but this could be signaling a trend reversal coming soon
Confirmation of alt szn with a weekly close over the above black horizontal I drew