mvhguy

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Last visit Joined 3 years ago
Markets Allocation
50 % cryptocurrency 50 % other
Top Mentioned Symbols
LTCUSD 75% | 3 BTCUSD 25% | 1
mvhguy mvhguy BTCUSD, W, Short , 3 years ago
BTCUSD: Bitstamp Weekly
78 0 1
BTCUSD, W Short
Bitstamp Weekly

This very simplistic weekly chart of BTC leaves me wondering where the energy to drive a new ATH is going to come from without a deeper correction. There is a major divergence in the RSI as well as a wide open Bollinger Band. The channel may hold us but it may not. Time will tell.

mvhguy mvhguy LTCUSD/BTCUSD, D, 3 years ago
LTCUSD/BTCUSD: LTCUSD/BTCUSD downward impulse
430 0 0
LTCUSD/BTCUSD, D
LTCUSD/BTCUSD downward impulse

The impulsive downward movement may imply lower prices ahead.

mvhguy mvhguy LTCUSD/BTCUSD, D, 3 years ago
LTCUSD/BTCUSD: Risk off roation in crypto?
322 0 2
LTCUSD/BTCUSD, D
Risk off roation in crypto?

I want to apologize I made this quick and dirty this morning before running out. Its not pretty but you get the point. A chart of the ratio of LTC/BTC in log scale and a pitchfork shows a clear overall uptrend. But notice the possible megaphone and what appears to be the ratio being rejected at the second channel top. If the ratio reverses I believe it implies ...

mvhguy mvhguy LTCUSD, 120, Short , 3 years ago
LTCUSD: LTC Decision Time approaching?
62 0 1
LTCUSD, 120 Short
LTC Decision Time approaching?

A simple chart noting the BB compression and a bearish formation in the RSI of LTCUSD on a 2 hour chart. BB compression may be signaling an impending higher volume move approaching. The bearish H&S in the RSI could materialize or bust. Time will tell.

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