Ready for a small correction here up until the 2x fork which I dont believe will be successful or knock the price much. Heavy buying on the London markets worth noting here. Possible new player in town.
VTC and BTC trade very similarly. Both showing bullish patterns and break outs here, but VTC is much easier to get in on. 4hr candles about to turn bullish, daily candle just entering the cloud in bullish patterns. No need to get fancy with this one, great buy here.
We have a nice break out and now a small bounce off the downtrend. I think we finally found our support. Time to go back to $4k.
We are still in a downtrend here people unfortunately. Shouldnt bounce in this channel and if it does, the $5k easily.
Sorta peetering out here a bit until Asia wakes up. Im hoping up, hence the arrows, but secretly fearing more China FUD coming. First they go after the exchanges, it makes no sense to leave the miners alone.
Inverse head and shoulders possibly materializing. If we break out we are in for a run.
I was pretty upset at how he called it out the other day, but I realized that he was correct. BTCC is huge news, but its not end of the world news. September 30th is a LONG ways away in the crypto world and anything can happen in 2 weeks. More than likely what you will see is the Chinese exchanges scrambling to shore up their operations. That means padding...
Decending triangle is pretty obvious, but every is tied to BTCs price here so keep and eye on it.
Once we past this fib line, your guess is as good as mine, but I recommend a short here.
One more fib level to break through and we are in freefall. Thats not good. Between WSJ, Charlie Lee, and Jamie Diamond, the bears are in full control.
After decending in two different bear channels, it has bounced off the major downtrend. Lets hope it bounces up from here. Cautiously optimistic.
In related news, crypto devs are mildly autistic at best. Charlie Lee is very sad about what he did and banished himself from Twitter for a few days. Problem solved right? Wrong. At the time of the tweet, LTC was nearly 450 Chinese yuan. Actually, it was exactly 450 yuan. Its a nice healthy round number to put a short in at. But hey, Charlie is a nice guy and...
NEO trader tears nourish me. My original prediction stands. We are still in the downward pipe, five by five.
Thats right ladies and gents. Elections have consequences. See you at the bottom
With no end in site. This coin is shilled way too much for its performance.
Fake break out last night on the hourlies. Someone really doesnt like it when it peaks about the hourly cloud. Just testing the MACD here. I hesitant here, but it looks good.
Continues to test all time lows and will keep doing that if you idiots keep buying it
Up from here hopefully, albeit very slowly.