LITECOIN - Correction Period Before Rocketing 🚀Litecoin looks to be correcting now and we have 2 areas of interest where it would be the best place to buy.
First area of interest:
-78.6% fibonacci where the 100EMA converges with the fib
Previous structure
Second Area of Interest:
Major Trendline support where we have the 200EMA
First target would be $400 level.
Altsignals
LITECOIN - Correction Period Before Rocketing 🚀 Litecoin looks to be correcting now and we have 2 areas of interest where it would be the best place to buy.
First area of interest:
-78.6% fibonacci where the 100EMA converges with the fib
Previous structure
Second Area of Interest:
Major Trendline support where we have the 200EMA
First target would be $400 level.
Bitcoin Cash - Perfect Rejection! 🔥Our previous analysis played out for BCHUSDT PERFECTLY. We were expecting a rejection of the previous high after a breakout and we got a wick rejection! Price looks to be in a parallel bull flag for another move higher. Next area of interest is the 1836 level where price previously reacted. When we get there, we will reanalyse and update you all.
Bitcoin Cash - Perfect Rejection! 🔥Our previous analysis played out for BCHUSDT PERFECTLY. We were expecting a rejection of the previous high after a breakout and we got a wick rejection! Price looks to be in a parallel bull flag for another move higher. Next area of interest is the 1836 level where price previously reacted. When we get there, we will reanalyse and update you all.
BNBUSDT - Multiple Breakouts! 😲The last time we analysed BNB, we had that major trendline in place so that if we price approached it, we would look for buys. Price rejected the major trendline with a wick rejection and bounced up aggressively! We had several bull flags leading higher and higher. Watch for more bull flags and breakouts to take this even higher!
BNBUSDT - Multiple Breakouts! 😲 The last time we analysed BNB, we had that major trendline in place so that if we price approached it, we would look for buys. Price rejected the major trendline with a wick rejection and bounced up aggressively! We had several bull flags leading higher and higher. Watch for more bull flags and breakouts to take this even higher!
ETHEREUM - Scalp in BOTH Directions! 🤑With the amount of money being pumped into Ethereum, there is enough volatility to make money both ways. Long scalps will be better as it is currently in a major bullish leg.
For SHORTS, watch for the break of the ascending trendline and short until the guy regions indicated on the chart.
For BUYS, watch for the 3970-4000 area. If price doesn’t bounce there, watch out for the 3800 area.
Targets for Buys will be previous top $4200 as first target and then $100 increments for following TP’s or stoploss management levels.
Watch for buying near the zones indicated and scalp!
ETHEREUM - Scalp in BOTH Directions! 🤑 With the amount of money being pumped into Ethereum, there is enough volatility to make money both ways. Long scalps will be better as it is currently in a major bullish leg.
For SHORTS, watch for the break of the ascending trendline and short until the guy regions indicated on the chart.
For BUYS, watch for the 3970-4000 area. If price doesn’t bounce there, watch out for the 3800 area.
Targets for Buys will be previous top $4200 as first target and then $100 increments for following TP’s or stoploss management levels.
Watch for buying near the zones indicated and scalp!
THETA - Creeping Up Slowly... 🤫After breaking the descending correction, we saw an ABC pattern play out for a move higher. The move wasn't as impulsive which leads us to believe we may go for a deeper correction. If there's no bounce on the inner trendline, watch for the major trendline for buying pressure.
KSM - Decision Time 🕒KSM has moved up 60% since our last post. Price bounced off perfectly from our area of interest. Ideally we would have wanted clear bullish moves but as it stands, it's still very corrective indicating that we may get another move down. If that happens, we will wait to see where price creates a floor and then find buying opportunities at a cheaper price.
KSM - Decision Time 🕒KSM has moved up 60% since our last post. Price bounced off perfectly from our area of interest. Ideally we would have wanted clear bullish moves but as it stands, it's still very corrective indicating that we may get another move down. If that happens, we will wait to see where price creates a floor and then find buying opportunities at a cheaper price.
BITCOIN - THE BIG SHORT IDEA🧠From the chart you can see that we are possibly making an ABC correction back to our initial area of interest which is the $42,500 level where there are multiple confluence!
In the mean time, we can take advantage of this correction and enter SHORT after the break of the trendline and ride it down to the completion of wave C where we can look for major buys!
BITCOIN - THE BIG SHORT IDEA🧠From the chart you can see that we are possibly making an ABC correction back to our initial area of interest which is the $42,500 level where there are multiple confluence!
In the mean time, we can take advantage of this correction and enter SHORT after the break of the trendline and ride it down to the completion of wave C where we can look for major buys!
OMGUSDT - OMG 😳We posted OMG when the bullflag was being created and since then, it has gone up by almost 50%! Watch out for price to come back to trendline or bull flags on smaller timeframe to take this even higher!
OMGUSDT - OMG 😳We posted OMG when the bullflag was being created and since then, it has gone up by almost 50%! Watch out for price to come back to trendline or bull flags on smaller timeframe to take this even higher!