zackxl

zackxl

ETH has been looking indecisive the last couple of days, I'm starting to lean more towards bearish since it just had a cross and still did not move up. Also BTC isnt looking that good either. Shorting could be potentially a good move here, it could possibly hit 500-525 but even that is starting to look less likely for the near future.

zackxl

I overall have an opinion that BTC will fall a couple hundred within the next few days,however I see a probable 3600 to 4000 setup here. i choose BAT from looking at different alt coins that took a hit recently. this one had the best chart in my opinion.

zackxl

BTC is having some upward momentum (5.8 to 6.6). I Think this will be short lived and be followed by a possible bottom around 4-5k. Short term could pose as great shorting opportunity as it seems unlikely for another bear trap to follow. The odds favor a downward breakdown from here.

zackxl

The next stop for LTC looks like the $55 level, should this happen a lot of buying pressure would be created with very little resistance in the way to the $100 region.

zackxl

The 430 area has been holding better than I expected, therefore I believe the bottom will most likely be around 300 based on support levels. This is all assuming BTC bottoms around 5k. If BTC goes to 4k or less then 200 is in play

zackxl

a break of the 6800 resistance is very unlikely anytime soon. 6k is barely holding, 5k seems likely for a bottom but 4k is possible as well. After that sky is the limit

zackxl

Took a small L on the last call, I thought we would bounce slightly at 7.5k but we plunged to 6.5 area. We made a recent push to 6.7k I think there are way too many resistances here for it to continue up. I beleive we will retest the 6k area which will cause a panic dump to 4-5k area.

zackxl

Couple options for BTC: 1. less likely - bottom is in and we are skyrocketing from 7200, 2. More likely - we go to 8200 area and fall to 4-6k and then skyrocket from there. leaning towards number 2 because we have been trending down and have failed to create much separation from previous bottoms. either way this looks bullish in the very short term.

zackxl Updated 

Things are getting real... I'm proposing 2 general options for LTC based on if the bottom is in or not for BTC. We are extremely oversold so for me its a less than 5% chance we go below 95. Going long 111 to 118 has great risk to reward. This is based on support, resistance and near bottomed out RSI which are major things but I could be missing something.

zackxl Updated 

1st eth call, so i'm likely missing something here, but I'm expecting dip to 525 confluence zone and a swing back to 700. No idea what happens after but would hope for a drop to 300 that we could ride to 1k

zackxl

BCH has formed a nice and neat stairway channel to a very low area. However the predictability could make it a playable coin. Could be entirely wrong, coin also has a lot of negative vibes surrounding it to keep in mind.

zackxl

Recent plunge invalidated my first trading view call for BTC. So much for being perfect. Purple lines show my next call on how i feel this will play out, plunge to 6700ish then a breakout to 10K. Somewhat happy because the lower we go the higher the future highs.

zackxl

Kinda new, so put a question mark after every statement you see.

zackxl

simple strategy, but if I'm doing this right 80% chance we are about to get really bullish really soon.

zackxl

I think WTC may have a good setup here, not sure kinda new but trying stuff out.