moth_honda

moth_honda

Historically, BTC corrects between 0.5 and 0.618 fibb levels. As you can see, last time it touched the trendline is september. I consider September the official start of the intense rally BTC has generated. I think we're ready for BTC to cool down a bit so the king can go back on his way to 20K and above. Measuring from september low of 3K and the high around...

moth_honda

DASH has been in this consolidation channel. It's been knocking on the ceiling of 0.09 three to four times and it managed to break into a little bit, although not much volume supported the push. It's currently making up a pennant. The reason why I'm getting in on DASH now is because of the speculation of DASH being added to Coinbase. This is all a rumor and pure...

moth_honda

look at that 0.5 bounce in the previous run up. We're doing a very similar move right now. 0.5 level is critical for this bull flag to complete and put us back on our track to $500. I'm watching very closely here. The volume that's in XRP right now needs to come back to LTC and not go into ETH or any other alts.

moth_honda

Hopping on the LTC train here! Here's my outlook of it: Price seems to be consolidating and creating a bullflag. As you can see from the previous pump, price retraced to the 0.382 level, created a nice bowl and bounced back up in about 2 day period. I'm expecting a same trend to fold here. BTC dump few hours ago allowed LTC to test the support at the 0.382 level...

moth_honda Updated 

I'm seeing a big sell wall at 13K at the moment. Measuring from 9134 low, the 1.618 extension puts our target at around 15K. It took us 4 waves from what seemed like a correction back to ATH. I'm seeing similar structure will unfold here. We will most likely have a pull back at 13K. It might go down to around lower 12K or high 11K, which puts us at 0.236 and 0.382...

moth_honda

After some consolidation over the weekend, we made a new ATH. Although a major correction is due, you and I both know that this market defies gravity. I'm thinking it defies gravity again. I don't think this is healthy nor natural -- meaning that something is probably propping it up, whether it may be the whales or mega whales like institutions who already bought...

moth_honda

Are we seeing a symmetrical triangle or a descending triangle? Are we completing wave A of A-B-C correction? Is the Big Bang Theory going to pump BTC? Is Tether being created out of thin air to support BTC above a specific price range for some reason? Is the CME futures going to actually go through? I don't have the answers nor do you. All we can do is to just...

moth_honda Updated 

After breaking thru previous target, ETH has some steam left in this bullish market. I'm expecting a minor retrace then up away we go to $470 which is the 1.618 extension. Looking to add position at the retrace for me.

moth_honda Updated 

Seeing ascending triangle with resistence at 372. Will need to break this and also break the wall at 375 to confirm break out. I'm waiting until 375 is knocked out. Target around $400