Litecoin has broken out of a descending triangle of it's own and it's first target is 30 usd, second target 17 usd and 3rd target 8 usd. Personally I think we will see all three targets hit....I will link below to my previous idea which has been spot on throughout the bear market. If I would just actually follow my own advice I would be rich! LOL Hopefully someone...
Well fellas the bloodbath continues, If you have been following me since day one you know we have been anticipating this for a very long time! I hope everyone sold up at 6k but if you did not it is still not too late! This ponzi could literally go to 250 USD ( height of macro wave 3 rally). Good luck and God bless! Red Boar p.s. Feel free to comment down below :)
The 1.618 and the yearly pivot point both line up here...I think we will go down and touch it followed by a dead cat bounce ABC. Red Boar P.S. If you havent followed me on twitter you should !
Honestly I don't know! We are in an INSANE situation right now with bitcoin getting slaughtered and ripple holding strong. Has something changed fundamentally? The fact is I don't know. However, based upon TA I think xrp/btc is getting very, very,very toppy. Now, if you remember when I tried to call the bchz18 top then you will remember that it is..well..dicey at...
Considering the Descending Triangle is now ded (RIP) and bearish volume is ticking up we already have all the signals we need to short this thing confidently and just sodl until target 1 BUT if we want to be real real sure I say wait for 4950 to go on mex...once it does market sell everything (not financial advice) because target 1 is inbound fast and furious....
Looking at the first chart, so far, just as was the case in our 2014 bear market fractal, bitcoin has been supported by the 20 month EMA. I believe the most bullish case bitcoin has is to continue this pattern, break down from the 20 ema just like in 2014 and then find support around 2500 USD (60 percent drop roughly) where we could potentially range for a month...
The prophecy (that I made) of the 200/500 day death cross has been fulfilled, what will happen next? I am not sure but when coupled with the red triangle I think whichever way we go it will be intense!
Hello all! Countless times on trading view and YouTube I have heard pundits and "analysts" claim that bitcoin will soar once pesky governments and evil wall street are taken out of the picture. These individuals claim that a looming debt crisis will spiral out of control crippling financial systems worldwide and finally bringing an end to the financial tyranny...
The 200 week EMA, which has provided Litecoin a floor for many weeks, has flipped from support to resistance. This combined with the looming 13 week 200 week death cross is painting a very bearish picture for the future of litecoin. The only hope I could see would be a bitcoin moon run pulling up the sinking litecoin ship. Without a bull run by father bitcoin,...
I went back looking for similiar patterns and the most recent one I found was in August. Fractals are very speculative and I am not saying we won't fall more BUT there is precedent for us pumping after divergence on the 2 hour like this. There is also divergence on the 4 hour but I chose to look at this time frame specifically. What is so hilarious is this is the...
Well my last chart was a bust from the word go as we dumped seconds after I published it, just my luck lol. Anyways, bitcoin has printed hourly divergence which is not as nice as 4 hour which is not as nice as daily...hourly divergence is honestly pretty darn weak BUT i think it could be giving us a early warning sign that we are due for a pump. We have reached...
Ok, so, as I mentioned previous chart we have conflicting signals on ETH. On one hand we have bull divergence on lower time frames telling us the selling could be coming to an end for now and on the other we have ETH struggling to stay above the 205-206 area which is a pretty important support level . So, we are really on the edge here and LONG TERM I am very...
We could be forming a bottom on ETH, I especiall like the bear trap which I got caught in due to stop market orders triggering...Oh well, stuff happens, alghtough the divergence we are seeing is only on an hourly scale it is my suspiscion that what we are seeing is an early warning indicator that bottom may be in. Please note short term calls like this are...
Bitcoin painting divergence on the 15 minute ! haha let's see if we can go up to white line! <3 Red Boar
DIvergence in volume and RSI...Clear short in my book P.S. Dear roger Ver and friends, please do not liquidate my shorts, thank you sirs. Red Boar
Well...I hate trying to call a bottom especially with the entire market looking so weak right now but I can't help myself...I think bitcoin needs to bounce before it cand continue to dump so I am going to make a speculative play here. Long bitcoin based on 1 hour volume and rsi divergence, tight stop loss. Let's see what happens.
Will bitcoin futures break out or have we hit the top of the triangle? There is alot of confusion and debate about if BTC swap has actually broken out of its long term descending triangle/wedge...I think looking at the futures triangle could give us some perspective and insight into what is going on with spot. Red Boar