Hi friends! Congratulations to my twitter followers who voted XRP, and won this weeks #CoinVote! Let's get right to it. Looking at the four hour chart, you can see that XRP's flight to Tokyo has caught on fire, and things aren't looking good. Passengers are have started screaming, but the flight attendants are telling them to remain calm. If you recall from...
Welcome friends, as the mystical magician of the charts, proudly presents — LITECOIN! Let's jump right in. Look at the four hour chart, we can see that the bull flag finally broke out! If you recall from yesterday's post, I said "let's keep an eye on the 20 EMA as support. If it falls, the right shoulder will probably form with the quickness. Until that happens,...
Hi world! Welcome to your daily dose of LITECOIN! Let's jump right in. Looking at the four hour chart, you can see that LTC continues to chop around inside of this big bull flag. After falling back to the bottom of the flag, and testing it as support, LTC bounced right back toward the top, surpassing the 20 EMA (in blue.) There is still a bit of a head and...
My friends, my peeps, my family of crypto lovers, welcome to this clean and crystal clear analysis on RIPPLE! Let's get it. Here on the four hour chart, we can see that XRP has been as quiet as a mouse. While everyone is focused on BTC, LTC, and others, XRP has been drifting sideways, like a leaf in the wind. You can see that XRP has found support on the 50 EMA...
My friends, my peeps, my family of crypto lovers, welcome to this oh-so-scrumptious, fantastical analysis on BITCOIN! Let's jump right in. Well, well, well. BTC keeps climbing Mount Lambo, just like your boy Magic told you it would. If you recall from the last analysis, I said "I still believe that a test of the top of the downtrend channel is inevitable. It's...
Hello friends! Welcome to this highly anticipated update analysis on LITECOIN! As you know, I don't normally do multiple analyses on one coin in a single day. However, today is special for LTC, and a lot of people want to see what's going on. Before we get into the chart, though, I want to talk about the fork. There were a lot of people saying it's this, it's...
Hello friends! Welcome to this update analysis on Cardano! Let's jump right in. Looking at the four hour ADA/BTC chart, you can see that Cardano has continued to the downside. If you recall from my last post, I said "Right now, it's testing the 61.8% retrace, and the low from 2/2/18. If that level falls, ADA/BTC will probably have a swift decline to around 3204."...
Hello friends! Welcome to this update analysis on BITCOIN! Let's jump right in. Looking at the four hour BTC chart, we can see that after the breakout of the bull flag, BTC ran straight up to the 61.8% retrace and got stopped cold. Since then, BTC has done something very interesting. It actually turned right back down, and touched the 200 EMA (in purple,) where it...
Hi friends! Welcome to this update analysis on Litecoin! the fork is expected to happen today, and LTC is still trading inside of a big bull flag on the four hour chart. I've zoomed into the current price action, so that you can see exactly what is happening here. Yesterday, LTC appeared to be forming a cup and handle pattern into the top of the flag, but just as...
Hi friends! Welcome to this update analysis on Litecoin! Well, the hard fork is just around the corner, and LTC is looking strong on the four hour chart. I've zoomed into the current price action, so that you can see exactly what is happening here. Inside of the big bull flag, LTC is actually forming a textbook cup and handle pattern. It has managed to get back...
Hi friends! Welcome to this highly requested analysis on ICON! Let's jump right in. Looking at the four hour chart, for ICX/BTC, we can see that there is upside support at the pink trendline, that ICX/BTC has recently respected. ICX/BTC has bounced twice off of this level, within the past 12 days. Furthermore, ICON appears to be curving to the upside, in an...
Hi friends! Welcome to this update analysis on Litecoin. Let's jump right in. looking at the four hour chart, you can see that I've changed the flag portion of the bull flag. The way that I had it drawn yesterday, produced a breakout, but the breakout rolled over just above the Inv. H&S Target. That rollover is not what you want to see on a breakout. Now, we have...
Welcome friends, to this update analysis on BITCOIN! Let's jump right in. Looking at the four hour chart, you can see that BTC has broken above the bull flag, and is now trading up toward the 61.8% retrace. Slightly above that, is the top of the downtrend channel. I want to draw your attention to the "Inverse H&S + Bull Flag Target." You can see that it rests at...
My friends, my fans, my haters, my family, welcome to this one-of-a-kind, often imitated, but never duplicated, analysis on BITCOIN! Let's jump right in! Looking at the four hour chart, we can see that BTC has formed a bull flag consolidation just below the 200 EMA (in purple.) You can see that we're about half way up to the bull flag target, but we still have a...
Hi friends! Welcome to this update analysis on Tron! Let's jump right in. Looking at the four hour chart, you can see that TRX/BTC is approaching the apex of a long wedge formation. Honestly, it isn't clear which direction the breakout will be. The wedge is flat, and it was technically formed during a downtrend, but there is a lot of bottoming action in the market...
Hi friends! Welcome to this update analysis on Ripple! Let's jump right in. Looking at the four hour chart, you can see that XRP continues to trade above the 50 EMA (in orange.) Support was found on the 11th, for the first time since the all-time high. In addition to XRP finding support on the 50, we can see that it has also surpassed the rising blue trendline,...
Welcome friends, to this update analysis on LITECOIN! I've got to say, the Litecoin bull is BACK baby! And I'm loving every second of it. Everyone was calling me a permabear on the downhill slide, but Magic put's his bull hat on real quick, when the time is right. Shall we? Looking at the four hour LTC chart, you can see that LTC is attempting to breakout of the...
Hi friends! Welcome to this analysis on CARDANO! Congratulations to the 2nd place winners, who voted ADA, during my #CoinVote on Twitter! Let's jump right in, looking at the four hour ADA/BTC chart, we can see that there has been a lot of sideways choppiness. The chop has been on a steady downtrend since the high, and ADA/BTC most recently dropped below heavy...