If BTC hits its head on that support/resistance zone right up above at roughly 38k once again, the probability for a nosedive gets bigger. The longer this side banding continues, the greater the chances of an ugly correction and possible crypto winter. World events are NOT looking good for the price outlook. As bearish as this sounds, I'm excited for the alt...
Well it's been months since my last update, and I have promised people to get back into the swing of things! I updated my logo, and have changed my user name from "carltonzone" to "CryptoPro" to match my YouTube channel name. I'm going to try to share my thoughts about the market at least once a week. I'm super glad to be back, and this is an exciting time to...
Hey gang, I'm back again to share a few thoughts. I need a break from listening to the ever-maddening nonsense from the bigmouths on YouTube who have been prematurely calling for the bull market to resume. Right now at this very moment, it's pretty obvious that "some" type of correction is about to happen. But how light or severe will it be? I think the...
HEY GANG, I haven't posted in FOREVER. But I'm still here. I might start posting ideas again. It takes up so much of my time to provide content on the other social media channel that shall not be named, I just couldn't keep up. Anyway, "that being said" (I HATE that phrase), here's what I see... This is a short squeeze. If that's not a scam wick, I don't know...
Here we are again! After last night's crash, Litecoin is at a bottom vs. BTC. You can see the arrow on this chart when I last posted the heads-up about LTC hitting the max value point. Now it's back. Is this the last time before the bull run that we will be able to maximize our investment value into Litecoin? Possibly so. I might just buy one little bitty Litecoin...
Guys and gals, I think we are approaching the third breakout! DNT is looking strong, yet again, and is making some attractive moves on the price line that appears to be giving us a sneak preview of what's to come. This is the 3rd ride for me. I took the first ride from 0.0077 to over seven cents and sold for a 9X return. Not a bad swing trade for holding...
I'm holding a LOOM bag on CoinbasePro. As you probably know, Coinbase will be one of the last exchanges to complete the token swap to LOOMX, and they have stated it will happen "at a later date sometime during 2021". So keep that in mind for this analysis. Since about the 5th of January, we have watched LOOM progress within the parallel trading channel that I...
HEY GANG, It's been a while! Back again to talk about a very significant Litecoin development. As we know from history, LTC tends to go on cyclical runs where it's value against BTC soars. On this LTC/BTC chart, we can clearly see that the cycle is about to start yet again. We have already had confirmation of the cycle starting, but now we are looking at what...
XRP GANG, I had to update you on this! I think we are approaching yet another critical action point that could be significant! Look at my chart, and notice all of the recent action along the magical Big Green 2.618 fib circle ring. I can count 6 touches and 1 near-touch on that fib ring acting as resistance. As we also see, there is a stochastic crossover and...
HEY GUYS, Don't take this too seriously, but this is just a heads-up from a few sources I follow that comes straight out of the rumor mill. They are basically saying that a significant amount of savvy investors are supposedly going to dump their XRP ahead of the SPARK airdrop deadline which is December 12th 00:00 AM UTM. When I heard this, it didn't make any...
Okay gang, I'm gonna be talking about LTC a LOT in the coming months. With this nice dip, "Litecoin Season" has officially started. My goal is just to pick up 10 LTC for my nice quaint little portfolio, and end up with 20 after swing-trading the channels as time progresses. But for now, let's look at what the charts are telling us about the price action. As you...
HEY GANG sorry I have been gone for so long, but it has been a busy month or two! I'm not fully back in the habit of posting, after all the trouble I had getting banned for putting my YouTube channel links in my posts, unknowingly. Anyhow, thanks for the message from my good man who asked me to give an update on what the fibs say! Last week, I sold my XRP bag and...
Yes, I was stupid enough to revisit the cryptocurrency project created by the world's greatest con artist when I FOMO'ed in at the 0.033 price prematurely, thinking it was on the verge of a breakout. Back in 2018, I rode the TRON Train from 0.02 expecting a monumental breakout when the mainnet was released. Well, "monumental" turned out to ten cents by May of that...
HEY GANG, I'm back! It's been a busy month. I'm going to try to keep you posted on some projects that I'm watching, and LOOM is back on the hot seat. I previously played this one, took a small profit, and missed the last run. But as we now see, it's continuing the correction. I've got my strike zone ready, as you see in the green box. I love this project, and I...
Don't take this too seriously, it's just a possibility. I'm NOT trying to predict the market here, folks. I just want to point this out as a warning of something that could POSSIBLY happen. Look at where we are right now, pushing towards $12k, and look back to the last high point on the somewhat-macro level. The big blue arrows will help you see what I'm...
Hey guys, I did a thing. I made a new trendy-thingy using the pitchfork, and it looks pretty cool. I discovered this by mistake. First I made a parallel trading channel for the micro movement as of recent. But then I noticed that there was previous price movement that might be in alignment with the channel. And thennnnn I noticed that there was price movement...
I think I'm going to have to forget about the CME gap for a while, because I've noticed that it causes me to have a dangerously strong bearish bias that might cause me to miss out on catching the bottom of several of my favorite alt coins. Sure, it's still possible that at some point in the future we could close that gap at $9600. But for right now, with the...
When I said Bitcoin does NOT like to be tamed, I was not kidding! Last night, when staring at the chart until I was cross-eyed, I decided that my triangle formation was wrong. So I made a new upper leg of the triangle that you see in light red, replacing the original one I had in light blue. When I went to bed, the price was WELL BELOW that upper light red...