denjhanekt

denjhanekt

Look at what we have here: Stoch reads overbought, but LTC price at resistance - purple line, and, strong rebound currently at Fib .618 (through all Golden Fibs ratios, as highlighted). Watching MACD on this 15 minute timeframe &....will resistance (line) become support??

denjhanekt Updated 

3 Descending Peaks Pattern -- is a Bearish pattern. This is 4 descending Peaks - note thin black lines showing decline.

denjhanekt

New pattern - green arrows

denjhanekt

Head and Shoulders Pattern

denjhanekt

Cup and Handle Pattern Forming?

denjhanekt

Watching LTC movement based off the immediate Orange line (more support than resistance, but not a true TA line ---- rather a bisecting angle). IF a break: through the upper resistance (channeling, and True TA) Purple line - expect a move to 97 resistance (black line) - and lots of free sky.

denjhanekt

Comparing the fibs w/ 17/18 Nov, looking to increment up

denjhanekt

LTC at technical threshold. Compare to my previous BTCUSD analysis posted ~ 2 hours ago so close...

denjhanekt

Looking for another .618 retrace (as per Nov 17th to early 18th GMT period) for continued bullishness. MACD on hourly is promising... Note: for readability, fib lines have been stretched out horizontally

denjhanekt

LTC: Orange Line: resistance has become support Note current resistance, Purple line, triangulating w/ Orange.

denjhanekt

LTC at 71 USD - about to launch. See next published chart for Micro view

denjhanekt

Last night's BCH/Korean Exchange battle sent BTC over a cliff. A half dozen whales could have "saved" (short term up-trend support at ~6400) BTC,.... but no one did. It's clinging there on the ledge, hanging, looking pretty vulnerable. What was a nice channel up (previous, now REKT analysis I provided recently) up has been breached by the BCH pump and diversion...

denjhanekt

Reentry point: Fib .618 -- where it meets orange trend line

denjhanekt

Black Channel -- up

denjhanekt

Analysis: Orange line divides two distinct channels. Thick purple lines mark general trend. Dotted lines note a repeating pattern. Action (own): Based on news, FUD, etc - will sell off ETH (and likely BTC) as rally action crosses the dotted line. Save dry powder for later (bottom purple support?)

denjhanekt Updated 

BTC's Ascending Channel (Purple Lines) reinforced by recent Fib .382 touch

denjhanekt

Possible advantageous reentry point on ETH -- Fib .382 as it intersects short term (orange line) support line (Test to Fib .5?). Seek to confirm highs (green line) set by Aug 12 and Aug 9 (not visible at this scale) and breached recently today.

denjhanekt

Possible: Retracement at .236 and rapid climb. Be careful with stop limits - I had one unfortunately trip prior to zoom up. Will open up my factor.