LITECOIN Brokeout of the downtrend after a bounce off the strong support area, I called the fall awhile back on the ETH pair when a key support area as broken, now from where we are at and what we can see.
Since the breakout of the longterm downtrend we've been in 2 channels, an uptrend channel which was broken and a downtrend channel which was just recently...
No time for long explanation
Looks like double bottom, possible reversal areas are circled in red.
macd looks bullish in 4hr and daily chart.
Signal posted first on Discord trading group
msg me for invite
Hopefully simple enough to understand, let me know if you have any questions
In the short term future I see 2 paths, normally it would only be one, but I've never seen the Bart Simpson pattern pump/dumps before which is why I made the second path because who knows?
Anyway, Stoch is low, MACD is looking to crossover soon, hopefully at this support.
BCPT TA, should be simple enough to understand. Don't know much about the project so don't talk to me about fundamentals.
Whats clear to see is that we're at a strong supporting area for BCPT, we can expect movement up from here as the MACD looks like its about to cross and the STOCH has been making its way up from a bottom.
In the long term, "IF" not saying it...
Near Bottom of Uptrend Channel
30 June 2018 (or earlier)
"We’ll regularly be putting out code on our Github over the next couple of months
31 August 2018 (or earlier)
Release PaaS and IDE plugins/integrations, smart contracts, access apps, legacy database import/export, node...
A few coins bounced up today after everything bottomed out due to BTC dumps, If bears beat out the bulls we could see a retest of 10,000 before falling into the mid 8000's. fingers crossed that it can break 10,000 though.
In terms of ETC
We just saw a dump retesting the long term downtrend line but getting bought back up. currently resting on a short term...
Too tired to explain this one zzzz. The chart technicals should be self explanatory Let me know if you have any questions
Indicators look fine too.
In terms of fundamentals
31 May 2018 (or earlier)
Andriod SDK Alpha
20 June 2018
Ambrosus (AMB) and 1 other
Crypto Valley Conference
30 June 2018 (or earlier)
ICX is currently forming the last shoulder of the head and shoulder pattern, expect a breakout following my white lines.
Breakout of the head and shoulder pattern should lead us to our first take profit area (green dotted line) and complete the cup/handle pattern.
From there we can watch for a breakout of the cup and handle or if volume fails, wait for a retest...
Ethereum and Bitcoin recently pumped up to the top of the trend channel, pulling all the money out of alts, (they will go back up) then dumped back to the bottom of the trend. We can expect 3 things that I've wrote on the chart.
Eth will bounce off the trendline and continue upwards. (which is what personally believe will happen)
Eth will break out of the...