THIS WAS the previous resistance weeks ago, Bitcoin is breaking out.. I am expecting a Double top.
a strong breakout needs to have volume to confirm it. see the previous trend line (which was a strong trend line before), with the daily 50EMA... also you need to follow whatr bitcoin is doing... bitcoin is consolidating on bull space... just waiting COINBASE:LTCUSD
COINBASE:LTCUSD $45 previous boton and closed big candles and $38 daily 200 moving average (MA)
is not bouncing after the bear move over the trendlines, is going to consolidate is very important for it to consolidate or go and bounce over the moving averages in couples of days COINBASE:LTCUSD
COINBASE:BTCUSD bitcoin should be testing 5k and consolidating down (consolidation is good for the price)
we have to retest the support line to be able to break out fast COINBASE:LTCUSD
COINBASE:LTCBTC is important to me that LTCBTC reach $0.25 because Litecoin Demand is 4 times bigger than litecoin
I have seen that chart many times after a rally. (day trading) this is a short term Bear sentiment, I have no positions on this but $3400 in a couple days or 2 weeks!!! with no news. is healthy for bitcoin to consolidate like that.. I truly believe bitcoin is going to $10k someday COINBASE:BTCUSD
it finally broke the Triangle!!! BUT!! No volumen =( so lets wait for the new daily candle to open COINBASE:LTCUSD
all people interest is on bitcoin cash right now. Litecoin (AKA the most boring coin out there) will stay above $42 if you compare LTCBTC chart you will see that litecoin need a reversal vs Bitcoin. COINBASE:BTCUSD
COINBASE:LTCUSD patience is only down because of the overall market...
this candle is about to close this is the daily chart... like I said yesterday we are going to $50 COINBASE:LTCUSD
dont forget there is a strong resitance a $50 look at that bounce look that there is some volumen, I am not saying that is going to $70 to me is going up to break $50 COINBASE:LTCUSD
I dont want to get emotional but Litecoin is being completly ignored at the moment... meanwhile Bitcoin and ethereum are going to the moon!! COINBASE:LTCUSD
COINBASE:LTCUSD so finally the weekly chart formed and the first candle opened above the Flag.. lets go 70$
Looking to stay above 43 or 45 ideal and never come back... if bitcoin cash fails. this baby will go to Andromeda!!! if not well. we still are going to the moon
unfortunately Bitcoin is doing better than litecoin... you can check the LTCBTC chart... so there is a bounce there on the green line.. as soon as it brokes at that line with voulmen we are going up! . COINBASE:LTCUSD