What's up world? Welcome to this update analysis on Bitcoin! Let's get right to it. Looking at the four hour chart, you can see tha BTC appears to have formed a reactionary bottom, which is consistent with our expectations, in terms of the formation of the proposed right shoulder. However, we aren't out of the woods yet. BTC is actually at a very important point...
Step right up! Witness the wizardry composed by the ghastly shadow of the charts, the legend of legends, feast your eyes on his majesty's greatness! BITCOIN! Hello friends! On the four hour chart, we can see that BTC has been rejected at the 50 and 200 EMAs, and is heading lower now to test the rising green dashed trendline. Believe me when I say, that is a...
Friends, foes, bulls, bears, whales and goldfish, welcome to this update analysis on the ONE, the ONLY, LITECOIN! Let's get it! Looking at the four hour chart, we can see that a mix bag of tricks is emerging in the technicals. We have two scenarios in front of us. Each of which, will produce drastically different outcomes. This action is beyond critical. It's down...
Well folks, there isn't a lot to say about the crypto space right now. It's pretty quiet, as investors wait on the sidelines, and assess these shifty movements. However, I have noticed some slightly interesting action in Tron. Looking at the four hour TRX/BTC chart, you can see that a bullish crossover happened on the MACD yesterday, and Tron has traded all the...
Hi friends! Welcome to this update analysis on Ethereum! Let's get right to it. Looking at the four hour chart, you can see that ETH appears to be building a small inverse head and shoulders pattern. Ethereum fell earlier today, but you can see that it has formed a weak bullish crossover on the MACD, and a small hammer candle is being printed as I write this. The...
My friends, my peeps, my family of crypto lovers, welcome to this often imitated, but never duplicated, update analysis on LITECOIN! Let's get it! Since yesterdays post, we can see that LTC rapidly fell to the 200 EMA (in purple,) pierced it severely, and then rallied hard to the upside. The pierce of the 200 EMA is noteworthy, because it has effectively weakened...
Hi friends! I just want to get a quick update out on ETH. You can see that we're in a small bear flag, and appear to be gearing up to test a major support level (maroon trendline.) You can see that ETH has held this support level on three other occasions, so it is definitely a significant level. If/when ETH drops from this bear flag, we can expect a test of this...
Hi friends! Welcome to this update analysis on the flight that never made it, Ripple! Let's get it! Looking at the four hour chart, you can see that our plane has turned red. It's now a fiery heap of metal, falling through the clouds. If you recall from my last post, I said "For educational purposes only, if you wanted to short, you could place the trade now, and...
Welcome friends, to this ever-so-pleasant, non retaliatory analysis (I promise) on LITECOIN!!! Let's get it! =D Looking at the four hour chart, we can see that the inevitable has happened. The pink uptrend channel has failed! Let's walk through the action, to see exactly what happened here. We had the big strong bull flag, that was produced inside of this...
Hi friends! Welcome to this update analysis on BITCOIN! Let's get it! Looking at the four hour chart, you can see that the right shoulder of the small head and shoulders pattern has been created. Keep in mind, that when I posted this yesterday, that small rise and fall didn't even exist yet. The formation of this small right shoulder happened more rapidly than I...
Welcome friends to this update analysis on LITECOIN! Let's get it! Looking at the four hour chart. you can see that LTC fallen below the bull flag AND the 50 EMA (in orange) — not a good look. Bitcoin's breakout reversal is dragging LTC down, but support lies just below, at the bottom of the pink uptrend channel. By the time LTC reaches the bottom of the channel,...
What's up world? Welcome to this update analysis on Bitcoin! Let's get right to it! You can see that BTC is falling to the 50 EMA (in orange) and the 200 EMA (in purple) as they converge just below, forming what should act as major support. If these two levels are broken, a deeper drop to the rising green dashed trendline should ensue. You can see that BTC appears...
Hi friends! Welcome to this update analysis on ETHEREUM! Let's get right to it. Looking at the four hour chart, you can see that ETH remains trapped inside of a big downtrend channel (black channel.) After forming a small head and shoulders pattern, just above the 200 EMA (in purple) ETH rolled over to the downside, surpassing the 61.8% retracement level, which...
Hi friends! Congratulations to my runner up voters on Twitter, who voted ETC during this week's #CoinVote! Without further ado, I'd like to welcome you to this new analysis, fresh outta the box, on Ethereum Classic! Let's get it. Looking at the four hour chart, you can see that ETC has just broken the rising black support level. Currently, price is testing support...
Hi friends! Welcome to this update analysis on ICON! Let's get it! Looking at the four hour ICX/BTC chart, you can see that a significant breakdown has occurred since my last post. If you recall, I said "if breaks below the pink rising support level, that would indicate further downside, most likely down to the 61.8% retrace." You can see that my projection...
What's good world? This is the magician himself, live and direct, bringin you that fire! Let's get it! I'd like to start by saying that on 2/15/17, I gave you the head and shoulders target. Since then, Cardano has fallen by 20%! If that isn't legendary analysis, then IDK what is. Looking at the four hour chart of Cardano, we can see that ADA/BTC has continued it's...
Yes, yes, YES!!! Ladies and gentlemen, boys and girls, animals, aliens, and people of all genres, welcome to this ever-so fabulous analysis on big-king-macdaddy-crypto, BITCOIN! Let's jump right in! Looking at the four hour chart, you can see that the breakout has occurred! We have liftoff, and BTC is kissing that nasty downtrend goodbye. This is an EPIC...
Hi friends! Welcome to this long-overdue, update analysis on TRON! Let's get it! Looking at the four hour chart, you can see that TRX/BTC continues to trade inside of this massive bearish wedge, that we've been covering for a while now. Interestingly, we can see that Tron is right in the apex at the moment, so a break should happen very soon. This is a bearish...