thecapitalr

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About me Medical professional who loves bitcoin
Joined East coast usa
Markets Allocation
Top Mentioned Symbols
LTCUSD 25% | 1 LTCCNY 25% | 1 LTCBTC 25% | 1 BTCUSD 25% | 1
thecapitalr thecapitalr PRO LTCUSD, 240, Long ,
LTCUSD: LTCUSD Bullish Pennant
300 1 8
LTCUSD, 240 Long
LTCUSD Bullish Pennant

LTC has a tendency to form high time frame flags, triangles, and pennants and then break out violently. This time is no different as we see a bullish pennant forming on high time frame charts from its high at $420 (GDAX). As long as the overlying crypto market remains neutral - bullish, we should expect to see a break out up from this pennant. This is an excellent ...

thecapitalr thecapitalr PRO LTCCNY, D, Long ,
LTCCNY: LTCCNY- very close to break out
418 0 3
LTCCNY, D Long
LTCCNY- very close to break out

China controls LTC (even more so than BTC). As is such when analyzing LTC charts it is best to look at LTCCNY. On this daily chart you can see LTC verrry close to breaking up out of the symmetrical triangle it has been caught in since July 2015.

thecapitalr thecapitalr PRO BTCUSD, 240, Long ,
BTCUSD: Moon Chart --> C+H BTCUSD
287 0 8
BTCUSD, 240 Long
Moon Chart --> C+H BTCUSD

Potential cup and handle forming on BTCUSD 4h/1d chart. Moon? We will see.

thecapitalr thecapitalr PRO LTCBTC, 60, Long ,
LTCBTC: LTC/BTC targets using fib extensions
60 2 1
LTCBTC, 60 Long
LTC/BTC targets using fib extensions

Fib extensions from the ride up to .01193 seem to perfectly be predicting short term price peaks. Next target up is .01206 at the 0.618 extension

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