altcoiner9

altcoiner9 Updated 

In my opinion, when you look at MACD, we're just beginning the downfall correction. I think we'll come back inside the dark green channel in a corrective pattern over the next 15-30 days. Still believe opening LONG positions now is wise, we may see a lot deeper corrections in coming days.

altcoiner9

We've been on a great run for XRP, and only time will tell how much further it will go before a serious correction. Right now sentiment is high, and people are hopeful it will gain more before the next pullback. There is also a lot of FUD, and people criticizing it for it's "centralized nature", which is causing smaller fish to take profits when they can. Other...

altcoiner9

Zoom out, look at the bigger picture, and decide yourself how low you want to put your buy calls. I'm setting some up at 12,800, 11,500, and 10,300 ... good luck out there.

altcoiner9 Updated 

We're at the top of the channel we've been surfing since May. It's hard for me to believe that we're not going to see a 30-50% retrace as we have seen in all other major volume trade increases in the past. The supports I'm imagining are in the $70-$120 range, depending on how far we trade sideways versus a quick drop like on Sept 15th, following the last major...

altcoiner9 Updated 

I've seen this channel hold fairly steady since May for LTC, but after the recent massive spike to BTC, and BTC starting to turn bearish ... I am curious what others think about if LTC will retrace back inside the main channel, or will establish another new higher channel with BTC bearish money flowing into LTC.

altcoiner9 Updated 

Chart Key Light Purple Line - Top of Channel starting late March Red Dashed Line - Bottom of Channel starting late March Green Dotted Line - Average 100 Day EMA through all data points - this just shows the average sloping increase from previous data. Litecoin is showing a challenging recovery after the recent all time high(ATH) on Sept 1st. Downward...