تازه ترین خبرها
خانه » ارشیو برچسب : MagicPoopCannon

ارشیو برچسب : MagicPoopCannon

BTC Analysis By MagicPoopCannon

Hi friends! Welcome to this update analysis on Bitcoin! Let’s get right to it! Looking at the four hour chart, you can see that BTC has now gotten back above the top trendline of the descending parallel channel . If you recall from yesterday’s analysis, I said “there’s still a chance that BTC could rally back above the downtrend channel , to test the 50 EMA from the daily chart (in orange.) However, we’re ...

ادامه مطلب »

LTC Analysis By MagicPoopCannon

Hi friends! Welcome to this update analysis on Litecoin! Let’s get right to it! Looking at the four hour chart, you can see that LTC has finally reached the 50 EMA (in orange) from the daily chart! For the record, since this is the four hour chart, I am using the 300 EMA , which is equivalent to the 50 EMA from the daily chart . With that ...

ادامه مطلب »

BTC Analysis By MagicPoopCannon

13 hours ago Bitcoin appears to be forming an inverted head and shoulders pattern. The dotted trendline is the neckline of the formation. A breakout above there, is likely to send BTC toward the 50 EMA on the daily chart , near $5,000. Sorry for the brief chart. I’m currently on the go.  This information is not a recommendation to buy or sell. It is to be used for educational purposes ...

ادامه مطلب »

BTC Analysis By MagicPoopCannon

11 hours ago Hi friends! Welcome to this update analysis on Bitcoin! Let’s get right to it! Looking at the four hour** chart, you can see that BTC -7.77% has been going nowhere fast, after last week’s selloff. Technically, this is a bear flag consolidation (in blue.) The bottom of the flag is a little sloppy, but these things don’t have to be perfect. You ...

ادامه مطلب »

LTC Analysis By MagicPoopCannon

Hi friends! Welcome to this update analysis on Litecoin! Let’s get right to it. Looking at the daily chart , you can see that LTC continues to remain inside of the falling wedge pattern (black dashes.) Unlike the triangle on the BTC 0.02% chart, this IS a falling wedge . You can see how the bottom trendline has a nice slope to the downside, which defines this pattern as a falling wedge . ...

ادامه مطلب »

Bitcoin Analysis By MagicPoopCannon

  Hi friends! Welcome to this update analysis on Bitcoin! Looking at the daily chart , you can see that the previous analysis remains valid. BTC -1.22% is continuing to fall toward the bottom of the triangle, which should come up around $6,800 or so, depending on when it gets there. The 50 and 200 EMAs have printed a death cross, and theMACD has broken down ...

ادامه مطلب »

Litecoin! (LTC) Analysis By MagicPoopCannon

Hi friends! Welcome to this update analysis on Litecoin! Let’s get right to it! Looking at the four hour chart, you can see that LTC was rejected at the buy zone, exactly asBitcoin -0.88% was. With that said, I want to give you a lesson on confirmation. If you’ve been a follower of mine, you know that I ALWAYS talk about confirmation. ...

ادامه مطلب »

Who Sees Patterns Like Magic!? LITECOIN!

  Welcome friends, foes, animals, aliens, my family of crypto lovers, to this update analysis on LITECOIN! Let’s do it! Looking at the four hour chart, you can see that LTC is continuing to follow my pattern on the chart. If you recall from my last few analyses, I’ve been covering this repetitive pattern that I noticed. The pattern starts ...

ادامه مطلب »

A Word of Advice To The Hodlers! BITCOIN!

  Hi friends! Welcome to this update analysis on Bitcoin! Today, I want to drop some advice for all of my hodlers out there. I see a lot of comments about how people are holding on to their positions, and that they expect this market to bottom relatively soon. That is a very dangerous assumption, because nobody knows when or ...

ادامه مطلب »

Ripple is in A Pickle

  Hi friends! Welcome to this update analysis on Ripple! Let’s get right to it! Looking at the four hour chart, you can see that XRP is forming a bear flag consolidation, as the 20EMA (in blue) begins to cross into the bear flag . The 20 EMA has been very resistive lately, so the chances of a bear flag breakdown are increasing as the 20 EMA crosses into it. There ...

ادامه مطلب »