Something I'm watching. Based on previous price action and fib retracement, I'm looking for a climb to (near) $16,800 followed by another correction sub $10k. This will be a great entry if it plays out. Then.. $100k!
Yellow Lines I've drawn represent 2 completed fractals with a third in progress. Looks to be a hidden bull div in the RSI. Cup and handle seems to have formed on LTCBTC chart. Speculating on another dip coming soon. Long term bullish. Will be a lot of waves in the meantime.
Drawing these lines based off of previous support and the behavior of BTC for the past week or two. I believe the indications on the RSI are signalling a bearish trend reversal. Next target 1800 followed by a large upswing and then down to 1200. All speulation, of course :)
Spotted some (what I interpret as) bearish divergence, as well as bear flags passing through lower and lower support. Looks like it might ride through this channel to what I see as decent support near 1900. Will trade the spikes on the way down.
Just drew some repeating formations and scaled them a little. This is an extremely bullish chart. Personally I'm not long or short right now. Don't want to call a top in a bull market but I'm careful around all of this bubble talk.