BTCUSD & LTCUSD: So many dead cats, a cat lady would be jealous

8 set 2017

In times like this, the market sends so many mixed signals that makes it difficult to decipher the general trend and the direction. I've found that switching to line and choosing the correct tools helps clear the signal, and in this case, it has proven to be helpful.

9 set 2017

Nota

TV published the charts in a weird manner. zoom out on each chart to see where the arrows correspond to PVT

12 set 2017

Nota

here is an update on LTCUSD with an attached chat:

Two contrarian patterns are being drawn here:
1) a beautiful bull flag is being drawn on the 4hr
2) a hidden bull is being drawn on the MACD

Here is why i don't think that these two things matter:
PVT does not confirm market direction, it actually nullifies the hidden bull and validates the downwards the direction of the market.

14 set 2017

Nota

Update on BTCUSD: the 4hr is starting to agree with PVT: we could be in the middle of a larger seller off.

fortune.com/2017/09/14/bitcoin-bubble-investments-short/

14 set 2017

Nota

wrong link ;)

14 set 2017

Nota

LTCUSD is at the bottom of the channel. Entry at 48.1

14 set 2017

Nota

BTCUSD still might have some more downside left, i think a sharp candle to 2900 USD with the daily closing above 3000 USD will be a good sign of a market reversal .