TheTrex

TheTrex Updated 

Litecoin has been in this channel that is becoming more narrow, which in my view looks bearish. There have also been 3 waves, which have been less powerful each subsequent wave. If BTC manages to fix it's problems, then how much value is Litecoin worth? Even although the real use of bitcoin in real-world applications is still minimal, litecoin usesage is probably...

TheTrex Updated 

Updates will follow on this chart. I have a very strong feeling our 2013 pattern will repeat, with the main reason that the ICO mania is over and that this cash will flow out of the coinmarketcap again. Month chart and week-chart are still topped, once the weekly macd starts to turn bearish we will see a large corrective phase.

TheTrex Updated 

Like many other coins (BTS, STRAT, GNT) SIA has bottomed and there is a strong confirmation on the daily and 4H MACD of bullish movement. For the people who have not gotten back into alts yet, this one seems to be fairly low in price compared to BTS and STRAT which already made a bigger run up. The correction also consists of a Elliot Tripple Combo wave, which...

TheTrex Updated 

I don't like to write descriptions, but I will post future updates along the way. Good luck this will be a great run!

TheTrex Updated 

This chart contains some important channel, which are significant for the development of bitcoins price. If these channels are broken, then a significant change in trend occurs.

TheTrex Updated 

BTS broke out of a longterm channel/triangle should be heading up now to prior resistance levels which are dotted in red.

TheTrex Updated 

Art or Trends? We will see.

TheTrex Updated 

I expect at least some bounce, hit the 23.6% retracement which is best entry level! Could go back up ~45% and Reward/Risk ratio of 4:1. Good luck! If you like my charts, leave a like/comment, appreciate it a lot.

TheTrex Updated 

I will be opening a long position from this point, the Risk/Reward ratio is good and if it drops below then it was a good opportunity. Consolidation can break up early or take longer. Support: 7400 - Very strong 9200 - Strong 9800 - Good Resistance at: 12000/12300 - Should be first target point to be reached. 13000 - Decent Resistance, wise point to short some...

TheTrex Updated 

If my chart is correct 1st of July 08:00 (UTC+2) and 4th of July 18:00 (UCT+2) will be dates where the downtrend will slowly be overtaken the longterm uptrend.

TheTrex Updated 

On request of Ca5tl :)

TheTrex Updated 

Longterm triangle closing in again. Last time when XBC went up 3000% in one day, bitcoin had severe uncertainty about a potential hardfork. Now considering that bitcoin is topped weekly and showing bearish signs this might be the perfect time for XBC to break out and retest higher levels. We can break out early, just keep an eye on it.

TheTrex Updated 

I will be posting new charts more frequently if older once stop supporting the trend lines, the market tends to evolve quite rapidly after all. In this scenario, we see an Inverse H&S, which should normally result in upward price movement. It will retest where the major resistance is aka begin dump and historical resistance points. At these resistance points it...

TheTrex Updated 

Does this need explanation? It's a bird, don't you see!

TheTrex Updated 

I will post updates on my old chart aswell as this one. Stay tuned!

TheTrex Updated 

Time will tell.

TheTrex Updated 

Monkeys running this business..

TheTrex Updated 

My thoughts on BTC, heading down towards 2200-2300.