I don't care for Charlie Lee or LTC but I will ride the waves when they present themselves. The monthly chart looks good and September is lining up to be a green month. Nobody is sure how Bakkt will affect the market, but when CME launched, that kicked off the bear market.
Just waiting for the long term trend line bounce thats also lining up with fibs and...
Trending down, multiple closes below the daily 50EMA, fibs are lining up. Still have gap to fill in CME Futures around 8500. This is also about where the daily 200EMA sits, this hasn't been re-tested in a while. Strong support at 8500, I don't see it going any lower.
Some price targets (horizontal rays) for facebooks bear cycle. CEO and COO have been dumping shares all week.
COB and CEO of Facebook Inc (30-Year Financial, Insider Trades) Mark Zuckerberg (insider trades) sold 237,823 shares of FB on 08/16/2019 at an average price of $182.75 a share. The total sale was $43.5...
Inching closer to a recession but there's still room to the upside in the S&P 500. The end of this year should see some rejection in the gray box highlighted above. Targeted this area using fib extensions and the theory of breaking the 3000 psychological trading level as a form of a bull trap.
Anything can be said about the near 20% dump today, crypto is filled with speculation. Shaking the weak hands out, exit scam, long squeeze, etc. etc. Fundamentally, ripple has too much behind it to go anywhere. While most crypto has enjoyed a great 2019, ripple has stayed quiet for the most part. This alone should get you wondering..... Please do some...
Currently looking bullish and breaking through a region of resistance. With the new apple products being released around the corner, look for price to slowly rise another 10% before hitting a double top. Could be perfectly timed with the overall market turning bearish and entering the long awaited recession. Another iPhone "failing expectations" will be the focus...
Looks like we are in the beginning of another descending triangle. Another rejection off the down sloping trend line will confirm this. Our next line of support will be the 50 EMA on the daily. If that breaks, there is no reason for the last gap to be filled and the price to steady and accumulate in this region above the 200d ay EMA.
Look for money to flow into...
Reasons to be long
In an uptrend since December
50 EMA in the weekly still holding as strong support
At the bottom of the parallel channel
A few months beyond the golden cross on the daily
Still In a brief stage of accumulation after LTC halving. The long awaited pump hasn't happened yet
BTC dominance stalling at 70%