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Day: April 24, 2019

Litecoin Testing Support – Is it time to buy?

April 24, 2019 Published by

Litecoin had been outperforming most cryptos for a couple months.  After it’s nice little run we got some backing and filling as expected and now find price at a key support level.
Foundation of the next move or something worse?
With Bitcoin pushing higher today it’s easy to get optimistic about litecoin moving too.  However, lets look at the chart within this post to see exactly what is going on so we can make informed decisions.
Support offering a good risk-reward
As you can see price is sitting right at the 75 area support level.  This was a key support level that held a

It’s Clear They “Bought the Dip”

April 24, 2019 Published by

After flipping back bullish once the 200 day was taken back, we have continued the “V-shaped” rally back to all time highs. This rally has been incredible and the pain train continues to be higher. It appears that this “long in the tooth rally” may cause a massive short squeeze to the upside. The buyers are pressing and pressing and a volatility expansion up may be in the cards.

Looking at the long term formation it is VERY clear that they “bought the dip”. Check this out.

It’s quite incredible we have seen nothing like this in the last 10

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