nlizotte

nlizotte

Right now we are in a ranging consolidating period. The intersecting lines gives us an idea for the time periods each price event will occur. It's a little wonky to read, but there is also a Bat Pattern that has formed as a result (linked below). Nevertheless, expect the upside, and on the slim chance, a retrace to the Ascending Triangle below. So far, we have...

nlizotte Updated 

Let's Go, lock in your positions if you have not already. Set your Stop/loss about 50% of the way down this newest breakout line, and adjust your trailing accordingly as the breakout occurs.

nlizotte

LTC Just Broke out of the Pendant. Planning to move along the Bullish Divergence

nlizotte

I am not projecting long term, rather Intra-day trades for XRP/BTC. the Major Trend Leg C is in motion, but pay attention to the breaking point of the Ascending Triangle . The Bullish Flag is broken, so we have a new set of supports and resistances. Stop/Loss in place.

nlizotte Updated 

We are looking for another touch to the Bullish Flag here shortly. This morning's projection to ~4k was correct and now we have touched the top of the Falling Wedge for support. Bounce is coming back. Long positions are favored in this Projection to the 1.32 mark on the Cypher Pattern, touching the top of the Bullish Flag once again.

nlizotte

We are looking for another touch to the Bullish Flag here shortly. This morning's projection to ~4k was correct and now we have touched the top of the Falling Wedge for support. Bounce is coming back. Long positions are favored in this Projection to the 1.32 mark on the Cypher Pattern, touching the top of the Bullish Flag once again.

nlizotte

Falling wedge is about to test resistance. If there is a break in the wedge, it is a great entry point to go long. Tighten up your stop/loss

nlizotte

We had a previous Pendant and Ascending Triangle Formed. Now, there is a clear bullish flag forming here.

nlizotte

The Lines in Blue signify key areas of support and resistance to pass through. Fibonacci Fan suggests other areas to "square up in". You will notice these these points fall into range with the key support and Retracement signals. Once this Pendant / Ascending Triangle Completes, we should be moving into the 5k range. 90% chance In worst-case scenario, we...

nlizotte

The C-Leg is either in motion or will be soon. We see two intra-day patterns that have formed -- Pendant & Ascending Triangle. It is only a matter of time before the rally begins upward.

nlizotte

As Projected Earlier, the Ascending Triangle is moving on up nicely. If you have a position open already, the price movement is fairly quick these past few days. I recommend scaling into your position and avoiding all-in God Mode Choices until the Ascending Triangle completes and we are given the "GO" to make a Runaway Pattern to 4-4.5k range. Expect some more...

nlizotte

With the Island Double Bottom passed, the larger Inverse Head and Shoulders Completed (Blue Line). Breakout trend upward to test the once support, now resistance levels. Looking for a sharp spike back toward 4.3k. If we break out beyond 4.5k, look to hit 7-7.5k range soon after asking 4.5k for sexy explosion time--Treat this as an ascending triangle to break...

nlizotte

What we are seeing here after the Inverse Head & Shoulders pattern resembles an Island Bottom. The connection with the drop of course today is attributed to the direct link with BTC -- which is fine, since everything is appreciating (woot). You will notice that the "Island Bottom" will be an area of consolidation testing the .236 fib support area until volume...