Griffin0318

Griffin0318 Updated 

The volume has diminished for the time being so we should see a decline to #4 and then a nice bounce up to #5 by end of March. The weekly and monthly LTC/USD charts look good right now, but with the monthly close tomorrow and weekly close a few days after, anything could happen. Thanks TG

Griffin0318 Updated 

Ethereum is creating a nice ascending triangle that should play out nicely over the next few months. I look for a drop to the $125 area followed by a bounce up to $245-$250.

Griffin0318

Litecoin still looking strong. Moving averages, volume, RSI, etc. all look good. I do think we see another dip down to ~$40-$42 and then make our move up. Litecoin appears to be making a cup/handle pattern (very subjective) which will clearly show the trend moving up. Green boxes = buy areas, red boxes = sell areas

Griffin0318

Chart is pretty self-explanatory. Appears the beginning of April may be the start of Litecoin making a big move on Bitcoin. I don't think it will be sustainable for the long-term so anticipate going back to Bitcoin come June. Questions/comments let me know. Thanks, TG

Griffin0318

I could go either way on Bitcoin so... if we go up, we hit $4,300 by Thursday/Friday then we go down. If we go down first, we head to basement support of $2,800-$3,000. $4,300 has been tough resistance for the last few months and I don't see where we'll get the volume with another Bakkt delay to break it. $2,800-$3,000 is very strong support and expect us to...

Griffin0318

Good morning, A lot going on in the chart but here's what to expect over the coming months. As compared to the timeline from Nov '14 - Jul '15, Litecoin is in the midst of a double bottom "W" pattern. I believe we may see a move upwards to $38-$40 before we head towards another low of ~$22-$20. Once we hit this low, we should see a nice rebound. This is...

Griffin0318

Looking back at the last bear market, I can't help but notice the similarities between then and now. Sure, the crypto market has since matured but until the chart patterns no longer line up, I'm waiting until April 2019 for another big move from Litecoin.

Griffin0318

History doesn't always repeat itself but can provide lessons. Ethereum today is looking very similar to the March 5 - April 6, 2018 timeframe. I would think about taking profits at $176 but could go up to $183-$194 before mid January 2019.

Griffin0318

Appears to be a triple bottom for OmiseGo and would expect to take some profits at $9.50, $10.00 and possibly $10.50 in the coming weeks.

Griffin0318

Looks like a double bottom on Ethereum. Support could be down at around the $447 level before making a move up. Possible good time ahead this weekend if we can get some volume.

Griffin0318

Bitcoin has formed a nice inverse head and shoulders and we look for a breakout next week 7/21-7/22. It could happen sooner but with news of an ETF potentially (I'm doubtful) being approved by the SEC on August 10th, I suspect the manipulators will continue to suppress the price for as long as possible to accumulate more Bitcoin.

Griffin0318

Ethereum seems primed for a move while forces outside the crypto community continue to suppress the price of Bitcoin. My chart completely sucks but it doesn't take too much of analysis to see what's going on.

Griffin0318

If you simply go back and review how Bitcoin has performed during the middle portion of the year in '15, '16, '17, and now in '18, Bitcoin underperforms in the summer. Sure there has been some upwards movement ('17) but price eventually falls back down in order to start a more sustainable rally in Q4 (9/1 - 12/31). I think '18 is no different. Although we may...