Last mid/long term chart didnt pan out for me, i figured wed go higher than 020 or whatever it was 6 months back due to halfing. All good though. Refueling under .007 recently.
Is this the bottom for the next 6 months or just a delay consolidation until dec 4th (thx dj thislte), its a good question.
alts generally dont spend alot of time in consolidating sideways...
most detailts on chart. Made this the other day, i was wrong. Trading it happens alot.
"if ltc did exactly what it did last /usd bottom which i dont think it will follow is this #ltc"
Good luck everyone
TLDR sorry its a big mess. it takes me a while to go through one aspect of a large overview
what im looking at here is general market structure that i consider interesting and may be important.
i look for things like, if this happened before will something similar happen?
moslty based on price features and responces comapred to previous times
and also based...
ill throw this one up, i bought and sold most after the second breakdown candle on inverse after seeing this
i hope it keeps going, didnt rebuy all yet, but looks good.
"short this to 0" - note this is inverse.
credit to the 3 drives and blow off go to the one and only Dj_thistle02 on twitter. great guy. he didnt invent it...
Taking a look here at BNB
i have written some notes on the chart, that i find useful, sometimes i recheck old charts and see what ideas worked and didnt work, and the thoughts I had at the time.
1 to 5 are written points about different things.
if you like to chart, and trade btc, stocks or altcoins, do message me, I always enjoy going over charts and having input...
Looks similar somewhat to dcr and some others. Ill call this a Class W alt, long/mid term possible double bottom-ish. Taking a look through a bunch of alts after getting back to pc and markets, i would take a guess we are soon going to move up on a bunch (and probably keep going down on many others) - ie alt season or at least some decent bounces up ie more than...
taking a good look at our old friend dash. Its been a while.
Funny how some of the old trendline and horizontals still match up. Why chart polo? Cause it has a history.
Binance on right tho? Yah, I want to see how the vol and vpro looks.
There are some more bullish charts, bunch of them, bnb, ltc, few more popping but things like fet and celr or whatever they are...
just taking a look back at the 2d.
are we overbought? yah sure, look at the money flow and stochastic on the roof, it can just stay that way, would i sell/short here? i was looking at the 1hour 8500 finex and thought about it. at least until a higher low on hourly.
price is moving up, as we have seen, it based at 3k, up, higher low. the started running, its been...
if the past predicts the future, which it often doesnt lol, i can see .05 to .1 btc per 1 ltc over the next few months. if we hit the xmr unreal fractal, we would hit around .25 btc / 1 ltc lol. insane. Even I dont believe it, and so it is possible.
If you didnt understand anything my chart says, dont like the chart, hate seeing my charts, just do one thing. Fomo...
thought this looked a bit diff than most other just starting asc triangles, almost double bottoms, and ones pumping a bit now. this one seems to have retraced, and if this is really alt bull it will reverse upwards.
so i said lemme flip this over, and take a look at recent bull market history. and some scary points like now. one is the china ban fud, lol, "hey Noob, we heard the Fud recently" , yah thats right, ive been hearing the same story for 5 years lol.
anyway take a look and tell me what you think, all answers and comments are applicable. Good luck dear friends!