lightknight

lightknight

Technicals: 87 Weekly BBands have opened and the price is continuing on its parabolic movement with upper BBand trailing below as support If the 2017 fractal is in play, then drawing a fib extension from Oct'20 provides a glimpse into what prices could potentially reach into May 2021 Previously, the price extended to the 3.0 and 3.272 fib levels back in...

lightknight

Ripple Long-term Ripple's initial pre-trial conference with Judge Analisa Torres is scheduled for February 22nd, 2021. Interesting to see whether the price will dip or rise after the initial court case. However, easy for Ripple to come to a settlement. Technicals: Bullish divergence on weekly MACD Price hit Gann Line Resistance EMA Cross on Weekly ...

lightknight

An interesting take on the Siacoin SC/BTC ratio and fractals: Siacoin is fundamentally a good project with a talented dev team and one of the few coins I like with a use case other than a currency (decentralized cloud storage). Technicals Yearly BBands on the daily have tightened to the point that volatility on long time frame is low. BBands opening...

lightknight

A great project with strong fundamentals and the potential to provide decent BTC ratio gains during the start of the altcoin cycle Fundamentals: Promising project with a technically knowledgable team, decentralized Oracles (look at what happened in price action compared to LINK), Cloud Computing for graphic 3d rendering and AI (machine learning models),...

lightknight

iExec RLC / Ethereum Technicals Bullish Divergence on MACD Daily Reversal on Stoch RSI Weekly Reverse Symmetrical Triangle Pattern 5 waves compose the reverse symmetrical triangle (A-B-C-D-E). Each of the A-B-C-D-E waves is composed of three sub-waves, so it has a 3-3-3-3-3 configuration Break of the down trend line on USD and BTC charts ...

lightknight

Overall ETH has been performing better than LTC for a very long period. A longer period of data has been used in this chart than previous ones. The ratio is expected to continue to go lower for the short term until +- beginning of Q2 i.e. ETH performance will be better than LTC, however, we are quickly approaching a 6-year long term support zone of LTC/ETH. ...

lightknight

Technicals: - 80 week Bollinger Bands begin to open and point towards a potential violent upswing in the future (4-12 weeks) - Monthly RSI on weekly timeframe shows oversold Fundamentals: - A lot of fintech and remittance startups and stable coins are being created with lumens tech - Protocol 15 release

lightknight

Thought that this may be an interesting chart to draw as I expect both altcoins to make substantial gains in terms of BTC ratio. The key take-home over here is that during every altcoin cycle, XRPBTC has always increased in ratio to BTC before LTC. A long-term strategy is to use XRP as an indicator of when LTCBTC will increase, as LTC has always lagged behind...

lightknight

LTCETH Expected to Reverse and Outperform Ethereum Price has been trading in a downward channel for the past months and is approaching the long term support where price has rebounded before multiple times Technicals: MACD on the daily is bearish, so may need a few days to reverse but weekly and monthly histograms are about to turn green (weekly) or reverse...

lightknight

Technicals Scale - logarithmic RSI - oversold on the weekly and monthly MACD - monthly shows bullish trend reversal Pattern - Symmetrical triangle continuation pattern is being repeated and is dependent on the previous trend, which can be seen in this case to be bullish. Expect the trend to oscillate within triangle sideways until the breakout. Short to...

lightknight

Technicals LTCBTC is in a long term buy channel where volume seems to be drying up (at least on this exchange) Pattern wise we might also be forming a long-term descending bullish wedge RSI on weekly and monthly shows oversold Risk to reward ratio is relatively low If price drops in the short to mid-term (the scenario I expect) then buy orders could...

lightknight

Note: Amateur/rookie opinion. A new token, difficult to analyze with currently limited data. A strong project using a utility token in the grocery industry Fundamentals: -A unique project with no competitors in the current space headed by Peter Fedchenkov -Meant to disrupt manufacture-to-retailer/wholesaler supply chain space with the aim of lowering everyday...

lightknight

Note: Amateur/rookie opinion. Great project with long-term hold potential (most crypto start-ups 80% will go full bust after some point when the market becomes more mature). Fundamentals: -Strong professional team headed by Michael Hayner, networking effect from contact with virgin and sponsored sporting events -Realistic proof of purchase (5% PoPP to sender...

lightknight

Note: Amateur/rookie opinion. Another good project with long-term hold potential. Fundamentals: -Decentralised and open-source platform used for value exchange and Internet-of-Things (IoTs). -Block (most tokens) and blockless (think DAGs, IOTA and NANO) technology -Uses POS/POW hybrid for transaction verification (like DCR), currently cheap and...

lightknight

Note: Amateur/rookie opinion. Good long-term hold. New token. Fundamentals: The fundamentals are strong for IOST. Capable and professional team. Smart contracts and DApps. Unique and scalable Proof-of-Believability mechanism. Added note: If something as rubbish as TRON and XRP tokens (with no usable function) can reach 40c and $3.30 with a 100 billion total...