The Litepresence Report on Cryptocurrency
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bullhammer
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- Jul 16, 2015
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Been doing well with this trade, in @$4
http://www.investing.com/equities/first-majestic-silver-chart?cid=24539
http://www.investing.com/equities/first-majestic-silver-chart?cid=24539
FSP-Rebel
Mr. Republitarian
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- May 19, 2007
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Too much calm, going up in a large way soon. Maybe tonight starts the trend. China needs to fire first and set the tone. An explosion is going to make some waves either way, either later today or really soon over the next few days. Prepare your...
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bullhammer
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- Jul 16, 2015
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- 67
Hey Pres, I'm still long LTC, how about you? getting just a tid bit nervous though, don't want to miss the BTC train if it takes off!
presence
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- Dec 20, 2011
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collective effort of rational people working the margin to the tip of the pennant; some by bot, some by paper and pencil, some by blind luck... but collectively they see the pennant and they're playing it. By the precise shape of it... a collective incredible amount of liquidity.
personally? pennant is continuation pattern, therefore statistically, odds are break is moon. margin too thin to worry about, just hodl is the plan.
12h sma 30/60/90 are "clustered" over 12h sma 150
at slightly higher frequency 12h sma 25/50/75/125 is "green dragon"
that bodes btc moon in my book
ltc shows accumulation in the 0076 to 0082 all year after a huge fall from july 2015 peak; the other btce alts ppc, nmc, and nvc are leading the accumulation; they're actually moving northward instead of sideways and down.
signs of accumulation in btce alts to me this spells perception that btc is going to go moon... and those in the know take to leverage the btce alts when it does so.
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