Chartered Market Technician and Bitcoin Trader - Head of Research at @newsbtc & Founder of @coinchartist_io
Mar 16 • 12 tweets • 3 min read
#Bitcoin is correcting, and that’s okay. Technicals are bullish on the highest timeframes
Here are 10 technical signals on the 3M (quarterly) $BTCUSD charts that project more potential upside
A thread 🧵
1/10 SuperTrend
A buy signal has been activated on #Bitcoin
May 16, 2023 • 8 tweets • 4 min read
A mega thread 🧵on why I am more bullish on #Litecoin than any other asset in the space starting with what I believe is cyclical perfection using Hurst Cyclical theory
Internal 1/3 harmonics match up with a larger cycle, which also has 1/3 harmonics
I see the grand finale next
Litecoin is currently dramatically undervalued compared to $BTC and $ETH on a relative basis.
IMO, LTC should be at least $250 per coin according to this. Serious undervaluation compared to other undervalued assets
#Litecoin outperforms both at cycle conclusions after lagging
Mar 26, 2023 • 8 tweets • 3 min read
From what I can see in $BTC Dominance is that there is a high probability #Bitcoin vastly outperforms altcoins—a situation you don’t see all that often during a bullish trend.
Everything from a clean technical range break imminent, to a series of high timeframe technicals. 🧵
The 1M Bollinger Bands are expanding after narrowing to the tightest width since the 2017 altcoin season.
This is called a “squeeze” and suggests a large move and explosive volatility on the way. A close outside the upper BB is a buy signal.
Mar 26, 2023 • 8 tweets • 2 min read
If #Bitcoin can remain at or above this level by the end of March, $BTCUSD 1M will give its 4th ever buy signal on the Williams %R.
Keep reading for a thread on the Williams %R & historical performance of the signal.
The Williams %R indicator, also known as Williams Percent Range, is a technical analysis tool used to measure overbought and oversold levels in financial markets. It was developed by Larry Williams, a well-known trader, author, and educator.