philthephatman

philthephatman

Greetings Traders, I have patiently been waiting for this pattern to play out. It has now been confirmed. THE REAL ALTCOIN SEASON HAD BEGUN! One word of warning though, don't be greedy. I do believe that this altcoin season will be quick, maybe less than 2 weeks? I expect most coins to pump and 2x their price from current levels. So, after your coin of choice...

philthephatman

Morning Traders, You can see in my "Link to Related Ideas" section below that I have been tracking OXTUSD for some time now. OXT moves fast! Probably, faster than many other ALTS (at least on Coinbase) and that is simply because it is one of the ALTS with the least amount of market cap, though that has been changing over the last few months. There is now a...

philthephatman

Hi guys. A few months ago I posted the following idea which made a case for OXT reaching $1.25 on or before April 15th. You can view that idea here: This chart really is just adding to that original idea. It's a noisy chart, I know. I failed to clean it up before posting only...

philthephatman

Short post here just as a word of warning. I feel that there is far too much bullish sentiment at this point. Long term, I also am a bull. However, shorter term, it is still possible we could retract further. Many traders are over-leveraged without sufficient cause. Yes, we could pop and break above the downtrend we are in. This is certainly a very real...

philthephatman

Longer term (weeks - 2 mos) I am bullish. Shorter term (days - weeks) I am bearish. Previous triangle pattern was annulled. Only one target hit. See link below under "Related Ideas" BTC and ETH (our leaders) show further descent possibilities on their charts. Altcoins will exaggerate this price action. I see many ALTS, if not most, touching the 200 day...

philthephatman

***Repost: Last one got censored due to my Telegram channel linking. Sorry. Didn't know.*** Short term bearish signs all over... ...but people are so bullish , they can't see them. Here's my previous post with some of those indicators: I have just discovered...

philthephatman

Ascending wedge is at least reason to be cautious here traders. Futures are shorting at 50k. If it gets past that price they are in trouble. They will fight to stay below this level. A healthy correction is needed anyways. We are over-extended. Personally, I will lose confidence if we continue up without some sort of correction here. Shooting star candle...

philthephatman

Is OXTUSD only halfway to the moon? Hello traders. I have reason to believe that OXTUSD could touch the $1.20-$1.32 mark within one month, maybe weeks? Here is my case briefly bulleted. I'll allow you to decide whether any of this makes sense or not and can add confirmation: Preface. Interesting Data. Potential Fractals: - On Coinbase, OXT hit and...

philthephatman

TLDR: Previous post showed our CUP AND HANDLE pattern with target @49 cents. However, OXT does not appear to be finished. Bull flag formation presently occurring. New target = .56 cents. Hello traders. If you've been following my posts on this ALT and have been trading along with me, then you've done well. I congratulate you on your success. Though I took...

philthephatman

Very simple chart showing a perfect setup. Long Time downward sloping trendline has been broken Long Term Cup and Handle pattern nearing completion. Depth of Cup shows target price These opportunities don't show themselves often, I can't sit this one out.

philthephatman

Swing trade alert here. Time frame = 4-6 weeks. You can see a perfect Cup and Handle pattern is almost complete. The RED line measures the depth of the CUP. Clone that and estimate our exit from the handle and we'll come up with a fairly accurate target. I will post a picture of this in the comments section. Again, this is not a fast trade. Give it at least 4...

philthephatman

MOON! 50 Cents = Target #1 Random targets thereafter. At $1.00, if you are still in, huge congrats to you! Sooner or later the ALTS will shine. Happy trading friends!

philthephatman

My current projection exists within the "Price, Time, Pattern" boundaries of analysis. As I see it, geopolitical events (worldwide but especially in the U.S.) are expected to ramp up. Some chaos and civil unrest may ensue. This will greatly impact the broader markets negatively. Bitcoin, which currently rides in tandem with the broader markets, will also become...

philthephatman

Hello Traders, Quick post to update. We've reached our $17,146 target. It is my comfort level to take most of my profits here. For those who are more risk adverse, you may decide to hold. I do not feel comfortable holding any longer. My target of $17,146 AND $17,784 were both reached and we are overextending ourselves here, IMO. RSI is overbought and we're well...

philthephatman

I'm going to put this out there, like I often do. I don't see this recent Bitcoin move as a breakout. Yet. $12,500 must be breached AND confirmed on the daily. As you know this requires (2) two candles, (1) one to break above and (1) one to stay above that area which is currently huge overhead resistance. Also. See that slightly downward sloping BLACK trend line?...

philthephatman

If the chart plays out, could be deep trouble for BAT HODLers! I see a reverse Cup and Handle pattern here in correlation with the broader crypto markets and Bitcoin. Also, crypto markets are in correlation with the broader markets (S&P, Nasdaq, DOW) which is currently seeing a Head and Shoulders pattern in full swing with more room to move down. I don't want to...

philthephatman

A little premature to know for sure, but this is looking like a reverse Cup and Handle pattern to me. If we confirm it by breaking and remaining below the neckline on the daily, we could see prices at or around $8000 by U.S. election time frame. It is worth noting that this move would be in correlation with the broader markets (S&P, DOW, Nasdaq) in which I...

philthephatman

A few more days. Maybe weeks? We'll get there. Right in sync with SPY hitting the 200 day MA I think.