bmad316

bmad316 Updated 

228main.com LOOK AT THE LINK. IT HAS A BUBBLE GRAPH, AND NOW LOOK AT LTC/USD 1 DAY CHART. AND READ BELOW. Looking at the 1 DAY chart on LTC, you can see, for the short term, we are pretty much screwed. This bubble is about to pop for good. We are reversing from the "return to normal" phase to "fear". Once that hits, it will get ugly, EXTREMELY QUICK. Guys, I...

bmad316

228main.com LOOK AT THE CHART AND COMPARE IT TO THIS CHART. THEN READ. Looking at the 1 DAY chart on LTC, you can see, for the short term, we are pretty much screwed. This bubble is about to pop for good. We are reversing from the "return to normal" phase to "fear". Once that hits, it will get ugly, EXTREMELY QUICK. Guys, I love Crypto, and I really want it...

bmad316

Hey guys! Welcome to this update on LTC. We can see that Litecoin indeed did break down from the rather large bear flag that was printed and we talked about on my last post. As you can see, it has broken down into a smaller bear flag, which is just beginning to print itself on the chart. Amazingly, both of these bear flags have about the same full potential,...

bmad316

Hey guys, it has been a while since my last update has happened, and A LOT has gone on. Lets get to the most recent action. On the 4 hour chart, you can see that LTC has produced a large bear flag. This particular bear flag is quite large, bigger than the average bear flag that LTC usually produces. This isnt necessarily alarming, however it does expand the...

bmad316

So this will be a very short and sweet analysis on BTC on the 1 month chart. As you can see, there was a multiple month run, with a HUGE pullback, and now, as this last month closes tomorrow, there is a HUGE BULLISH hammer, printed right there on the graph to see. This is not an analysis for projections or trade targets. THIS IS AN ANALYSIS for the...

bmad316 Updated 

Here is my update on the LTC market! Lets jump right in! On the 4hr chart, we can see that there is a large Bull Pennant (not Flag) that has been formed since the latest major run. Inside this Large Bull Pennant, we can easily see a small Bull Pennant has formed. Notice how the flag of the small pennant is the largest seperation of the larger bull pennant. This...

bmad316 Updated 

Quick analysis on XRP/USD. XRP is currently fighting the 200 day EMA, after forming a bottom and conquering the 50 day EMA and turning it into critical support. I have also drawn a very preliminary, not verified, just a guess, Rising Wedge. Price action over the next few days will determine if this little hunch as any merit at all. If it does, i expect some...

bmad316

We must jump straight into this. Looking at the 4hr chart, we can see that we had a technical break out about 24 hours ago. However, I wanted to see more confirmation, since every candle had been red after the initial break through. Well, here we have it, an OFFICIAL and CONFIRMED breakout! Do you see that volume? Do you see that explosion up after retesting the...

bmad316 Updated 

Hey guys! This is a continuation of my first post on Litecoin, however I have made a few technical changes. Basically, I have seen a change in the downtrend channel and I am now going to treat this as a large falling wedge, usually a nice bullish reversal formation. Now, looking at the 4hr chart: We are in a Falling Wedge (solid blue trend lines) Man did LTC...

bmad316 Updated 

Hi guys, this is my first published chart. I am relatively new to this so any feedback would be great! It seems to be we may have potentially formed a double bottom around the 100 mark. As you can see, the volume at these levels twice brought out the bulls in full force. We can also see that there has been a bullish cross over within the MACD. We are at a...