brendanwenzel

brendanwenzel Updated 

I'm seeing it test two different old resistances that are now acting as support. My play is the short-term bounce to the next sign of resistance around $30k. Invalidation is extremely close to entry as I know I'm wrong if support levels fail.

03:32

brendanwenzel

I'm looking for this support to hold and provide GDXJ with a 15% bump back up to the $51 region. There's a clear invalidation level just under $43 to provide a tight stop-loss and 5.6 R/R ratio. This trade could take anywhere from 2-6 weeks to play out. Be patient and let it come to you. The idea with this trade is simple. Buy at support and Sell at resistance.

06:31

brendanwenzel

Fantom Network is finally breaking out to the upside of a 2-week consolidation triangle. Here's are some scenarios I see playing out for FTM against both the USDT and BTC. I also take a look at Bitcoin price action as it will play a role in any Fantom Network price predictions and FTM technical analysis. DISCLAIMER: This is NOT financial advice. My content is...

06:26

brendanwenzel

In this video, I explore possible support levels if BTC takes a nosedive and LTC follows suit. I also explore the LTF range we're in and key levels I'm keeping my eye on. DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax...

10:16

brendanwenzel

We saw PancakeSwap's CAKE token hit lows we haven't seen since mid-March over the last few days. Looking forward, I want to see if CAKE breaks through this resistance zone and then I'll buy the retest. I'm not sold BTC has recovered and if we do see another major BTC pullback, alts will take a beating and that includes CAKE. Be cautious and wait for...

04:42

brendanwenzel

DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not...

06:32

brendanwenzel

We are seeing Litecoin hold support now in the $290 area, even with BTC weakness in the $42k range. This is good news for LTC. I expect that LTC will continue to gain strength on BTC and hold it up despite BTC not making a real move yet. I'm putting the new base at about $270-275 if BTC fell to $39k, but not sure that happens. My price target is still around 75...

03:56

brendanwenzel

My entry point for LTC (Litecoin) is anytime it hits the trend line. That point is close with the trend line currently sitting at almost $270 and the price of LTC hovering around $300. If Bitcoin, BTC, pulls back to $42k soon, we would see LTC have a similar pullback and reach that buy target point on the trend line. I'm looking at a price target exit point for...

03:49

brendanwenzel

DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not...

02:46

brendanwenzel

I believe we will see one more dip from BTC before the major run to test ATH. With that dip, 1inch will retest and I believe hold support at $5.20 and then after that, it will run up to find the trend line and Fib extension line at around $9.80. 1inch is a great project and I believe only going to grow from this point. I expect 1inch Network to grab more market...

05:23

brendanwenzel

I like the project, I'm not sure I like the ANKR charts. It seems like there is more risk on the downside than there is reward for the upside. DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed...

05:07

brendanwenzel

Keep your eyes on XLM as it's breaking free from a 2-year range against BTC and about to make a quick move. DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment...

07:39

brendanwenzel

Target Entry: $270-280 Price Target: $520-540 DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose...

05:54

brendanwenzel

DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not...

03:46

brendanwenzel

Litecoin is one of the most consistent pattern followers. It goes up about 100% and then pulls back to the trend line. We could see it meet the trend line over the next 7-10 days between $270-$300. Once it hits that trend line, it's a great time to buy and ride that next 2 week wave up to the 100% gain and then sell while you wait for the next...

02:32

brendanwenzel

DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not...

brendanwenzel

I believe we'll see BTC make one of it's final dips tonight to around $57.5k before it explodes out of this range with a lot of force. My expectation is it won't spend long in the $60's and will go straight for $70k. Get ready for some fun!

brendanwenzel

It broke out of the descending triangle, retested the trend line and bounced off nicely. I believe it's about ready for a run. I'm doing this from my phone so can't give more details outside of the chart. Thanks for checking it out!