πŸ”₯πŸ”₯ BITCOIN and LITECOIN lower lows or higher highs coming !?!πŸ”₯πŸ”₯btc ltc prediction, analysis, trading

πŸ”₯πŸ”₯ BITCOIN and LITECOIN lower lows or higher highs coming !?!πŸ”₯πŸ”₯btc ltc prediction, analysis, trading



bitcoin and litecoin lower lows or higher highs come in what's up guys crypto savvy here I hope everybody's having a fabulous Monday and I hope you had a great week and we're gonna take a look at the charts we're gonna start out with litecoin then we're gonna move on to bitcoin then we're gonna take a look at my favorite chart comparison the Bitcoin daily chart versus the gold weekly chart which we've been watching on this channel and tracking it since January it's getting super interesting guys getting exciting definitely stick around to the end to check that out also I want to remind you guys we have a hundred percent free discord in the description below the video there's a link to that definitely check it out best community and crypto BarNone you'll love it if you love crypto you'll love the community even if you just want to go in there and learn about crypto or talk about crypto or you know charting learning the chart learning a trade it's a great community guys definitely check it out there's also some affiliate links down there in the description that really helped the channel out check them out see if he can use them if he can that's awesome if you can't that's okay too yeah let's get into the video and see what's going on guys alright guys as always I want to start out by saying I'm not a financial advisor this is not financial advice this is my opinion it might be with the market only anybody that's doing any trading or investing in this market I suggest you do your own due diligence in your own research as this market is extremely volatile and risky also keep in mind it's still speculative market do not put in more than you're willing to lose with that being said if you're new here you haven't already definitely hit the subscribe button in the lower right hand side of the screen that are good just subscribe to the channel take the notification bell to get you notified when I post new videos smash those likes guys leave your comments let me know what you think and yeah let's get into the video all right so we were looking at this as a cup and a handle with the neckline of the $99 range this being the cup the handle over here we had a measured move of the 180 I'm still looking at that guy's even though we broke down past that neckline again I think we're still in pretty good shape and we are also looking at I'm gonna draw this one in so you can follow along with me also looking at this as a possible cup and handle form in here and we'll take a look at the target for that the neckline on that one will be 145 which guys once we come up to that 180 we could possibly form a bigger one but we'll take a look at that as it forms but let's take a look at the measured move off of this one with the neckline of around 146 dollars our target from that one would be 271 and that's if we come up here guys and make the handle and then break through definite possibility come we are gonna take a look at the bearish scenarios also but the bullish scenarios are looking pretty good and we'll talk about why here in a minute I also have a higher target and that would be looking at this rising broadening wedge in the yellow and a breakout of that if we broke above that 180 in this range somewhere gets us up to around a $300 range like I said my end of year target if Bitcoin does do what I'm expecting and gets to 46,000 by the end of the year I do believe light claim will be somewhere in the range of 500 to a thousand and the closer we get to that if it plays out the closer we can get the target I know it's a pretty wide range 500 to a thousand but like I said as as the chart plays out we get more data the closer we can get to the price so let's look at the daily RSI so we were looking at this as a rising channel that we had been following since November we had it like a bear trap out of it here broke back in and formed a falling channel coming out of it now right now it is possible we come down and test this bottom of this channel before continuing up it's not necessary but it is possible that would line up with the low over here we would hit down up somewhere in the 15 range in the RSI I'm the daily but let's look at it compared to the price action here I also drew another trendline in as you can see where we bottomed out here yesterday I had this target 86-82 and we went a little below it but it's still looking pretty good there but this blue trend line is drawn off a one two three four touches now so it is valid if we break through them we're gonna be looking at our lower targets which we'll look at in a minute coming down to this range to test the bottom of that falling channel would get us somewhere in this area and we'll take a look at that getting here in a second after we look at the four-hour RSI well let me go back to the daily I did want to point something out we look at the daily here we have hidden bullish divergence which if we look at this low here which is the low here we're making higher lows over here lower lows in the RSI that's hidden bullish divergence guys so definitely looking for some bullish action here but like it said we'll take a look at the bearish case scenario that would be coming down to retest the bottom of this channel alright let's look at the four-hour RSI I mean just a reminder guys starting Wednesday I'm gonna do another update video tomorrow but then I won't be doing update videos until next Monday but I am gonna be posting some just short tutorial videos on a couple different things some RSI EMA videos and stuff like that be Wednesday Thursday Friday and Saturday and then Sunday I'll probably do a live stream when I get home so just so you guys are aware tomorrow will be the last update until next week so all right let's look at the four hour this falling channel that we'd been following following since our big move in April we had a falling wedge broke out of that into a falling channel into another into another and a bigger one here kind of looked like a bear trap here or a bull trap here is it possible that we come down and test this yes that's the bearish case scenario that I was talking about but guys we don't have to we could come straight up from here let's uh let's look at the price action and see if we see anything out of the ordinary I guess and nothing really in divergence wise as of right now so let's uh look at the price action first we'll take a look at the bearish scenario guys and then we will take a look at the bullish and then we're gonna move on to Bitcoin definitely stick around to the end you're gonna want to see this definitely the comparison charts so alright now looking at this as a falling I was looking at this as a falling wedge here within the rising broadening wedges this is the new trend line I put in the blue one off of these weeks here this would be the third touch and if that does not hold guys I'm looking at somewhere in between the 65 to 69 dollars in aerial I don't see us going any lower than that and I'll just show you where I got those targets from real quick and that is just simply doing a Fibonacci retracement from our low to this as the high and that is our golden pocket area and that's between the six 0.618 and the 0.65 Fibonacci now the other way to look at that would be coming up to measured off this as the low and then our possibly 80 what would that be 82 would be our points 0.72 six Fibonacci or 0.786 Fibonacci so you know that's another number to look at but I'm not looking at those unless we break this blue trend line but if we do I'm this would be our worst case bearish scenario between 60 65 and 69 by getting guys I don't believe that's gonna happen and let's look at what's going on here so this would be a measured move the width of this wedge and if we were to break out depending on where we broke out we would have to move up pretty quick to break out here that would be on the 23rd of July but remember guys depending on where we break this that changes the target I will try to keep you updated I will do some posts in the discord while I'm away if I see anything changing so like I said I won't be able to do update videos every day so I will try to up keep people updated in the discord so if you don't belong to the discord definitely check it out but you know if we break this trendline then we'll have a more exact target of where this is and that doesn't mean we're gonna stop there guys that means we'll get resistance pit build another bull flag or do some consolidation then move on up from there but time will tell that's where I'm at with litecoin let's look at Bitcoin excuse me all right so in Bitcoin this is where it gets kind of exciting guys as you can see I put this target up higher and again that's that's you know depends on where this top trendline is broken but how I'm looking at it now I have this 16 4 16400 target we'll look at that here in a minute well let's look at it now I'll just show you alright so we zoom in and look at what I believe is going on here so as you can see it looks like we're forming a triangle here I do believe this is gonna play out unless we break the bottom of this this is it's gonna stay Val in my opinion definitely gonna be looking at that in the end of the video and the gold versus Bitcoin charts so you'll want to stick around to see it but let's take the measured moves off this this one is just messing measuring the triangle alone and the breakout and again this changes considering where we break out so if we break out quicker you know it's gonna be a higher target if we take we could be in this range for another another two to three weeks possibly a month in between the nine eight actually it would go up yeah in between in between the 9800 to twelve thousand two hundred twelve thousand four hundred we could be in this range for weeks guys depending on where we break this we could you know we could break it a lot sooner but anyways just just for reference if we broke out in this area around the twelve thousand dollar range and we broke this line we'd be looking at about sixteen four sixteen five for our target off of the triangle here I have another target using this move it over so you can see well using this whole thing as a flagpole and this being a flag and the measured move breaking out the same area I'm looking at twelve thousand dollar range is around eighteen thousand three hundred and again remember that target moves considering where we break out of this so keep that in mind I also have a much higher target in here and that would be a measured move if we if we got up to this target and broke out here my measured move of that is 29,000 if we broke that 16 5 in this area which would be breaking this trendline and then what it could possibly come down to 20,000 tested for support again and that would make sense because I believe once we passed 20,000 that may hold as support so let's uh I mean that's going a little far ahead I know but that guys I'm definitely bullish here unless this invalidates this thing is looking beautiful now I'm gonna go into the RSI daily RSI we've been watching this for about three or four days now maybe longer it's actually been longer looking at this as a falling wedge forming here we had a falling channel coming out of a rising channel that we'd been following since December and we fell out a bit and following channel broke back up into it here and then we're in a falling wedge now I do believe what's most likely to happen here guys is we pop out of this rising wedge that was a little too drastic but we pop out of this broadening wedge and come up here and possibly touch the top of this trendline again we'll have to watch it as it plays out but this is looking bullish keep in mind it is possible and we'll look at the bearish case scenario that we drop out of this but there's a way higher percentage chance that we break up out of this some people don't believe in patterns in the RSI I believe in them fully 100% let's take a look at the price action against see RSI and see what that's telling us so if you guys been following along you know that we are looking at this as we get in here a little bit hidden bullish divergence and it is still hidden bullish divergence looking at it from a few areas if we look at this peak here are this low here this low here we're making higher lows in the price lower lows in the RSI the same here we made a low here low here higher low in the price lower lower in the RSI that's why I do believe we're most likely going to pop up back to at least test the bottom of this channel and that would get us up to this area right here which could be depending on where we hid it somewhere between 12 5 and 12 – maybe we're probably gonna get some resistance on this line and that's gonna be around the 12 – area that's actually you know we've had a lot of support and resistance in that 12 – area so it makes a lot of sense that's why I keep these trend lines in here guys they help out tremendously now let's look at the four-hour RSI and see what that's looking like all right so the four-hour RSI same thing we have a falling wedge here if we look at the price action same in the four hour we're getting lower lows in the RSI higher lows in the price action definitely hidden bullish divergence there guys let's yeah same thing I believe we're going to get something like this we're probably pretty soon probably today we'll see this pop up out of here and continue up have a nice move up but keep in mind it's possible we do drop lower I think that's way less likely but it is possible and we'll take a look at that in the price action we looked at the price action now alright and I'd put this target in here at this 90 96 79 it's really about 96 50 ish area that would be a double bottom with this low over here if that breaks guys that's where I said we would be looking at our lower targets and that being around the 80 $100 range that is possible less likely I really don't believe this channels or this triangle is gonna break but it could and we need to keep that in mind if it does you know we're looking at the 96 50 range and if that happens guys we could still be forming a triangle here more of a descending triangle which would be technically bearish but it doesn't have to be bearish in a parabolic bull market which we are still parabolic guys I don't care what anybody says we're still parabolic here I know people are counting more on these lower lows but I think I think we're in a great spot I think people are gonna be trying to short Bitcoin and they're gonna get wrecked and it's gonna push the price up that's just my opinion though I do believe that's most likely gonna happen and so if we did break this triangle here around the if we broke this low here at what is it around 9800 we'd be looking at the 9650 range and if that does break then I'm looking at the $8,100 range guys now that's the bearish case scenario and we already took a look at the bullish and that's what I believe is more likely as that bullish case scenario and we took a look at these targets how we got them from our measured moves it's looked pretty good guys let's look at the Bitcoin daily chart versus the gold weekly chart my absolute favorite thing to look at in crypto him if your friend on this channel with us the whole time we've been watching this since January I did if you guys want to check my my past and my calls I was calling bottom in December at the very bottom I got videos to prove it all the way up we've hit all our targets I'm still very bullish here guys this is just consolidation correction in my opinion I don't think we're gonna go down below the 98 98 99 hundred dollar range possibly not ever go below the ten thousand dollar range again I made a video on that a while back and you know this is the second time we dipped but it's I don't really count it we never stayed under 10,000 for any amount of time so all right looking at the gold to Bitcoin comparison charts as you can see I've have these trend lines there's a white one here and we're gonna have the same trend lines in gold when we click over so definitely just kind of picture this in your mind but these two these two supports here all the way across and we've we broken above it and below it a couple times now keep an eye on it we also had this support in the bear market that we blew through over here we had the wick came down and touch through it but we never really tested it for support again after that so yeah let's look at the bottom trendline here we had two touches now keep in mind this is my target for the end of the year it's about 46 style between 46,000 and $47,000 and I'll show you why when we click / keep a good eye on this and what's going on now we're looking at the gold chart the similarities are amazing a pattern is a pattern guys I don't care what anybody says there was another guy in YouTube talking about me looking at this and someone was saying they don't believe in fractals fractals you know I do kind of believe in I see them and they play out sometimes whatever but this is not a fractal it's two different charts it's a pattern patterns usually and people say you know the the gold charts on the weekly bitcoins on a daily you can't compare them yes you can it's a pattern if you find a triangle in a five-minute pattern and find the same triangle in a day pattern and two different charts they play out the same 90% of the time guys the time frame is not what we're looking at here also I mean the closeness of it digital gold versus gold some people say it's not digital gold I do believe that this is gonna be digital gold so I'm gonna click back and forth you guys can see for yourself make your own decision there it's actually playing out beautifully and again we've been watching this since January just beautiful so let's look at what let's zoom in a little bit and you can see we had the same thing on the bottom trendline two touches before blasting off same as in Bitcoin now as you can see on this triangle here we had this low and then a little higher low same thing in Bitcoin that's why I believe this there's a great possibility that this is gonna hold here guys I'm like said we may go up to 12 or well on this it's 10 8 break to 10 8 come up to 12 to range and come back down bounce in this area like I said we could be in this area for a little bit of time possibly you know anywhere from a week to three weeks but as you can see also look at this 55 EMA we have here and then look at the gold 55 EMA same thing it's just it's it's amazing the resemblances here guys and once we break above this trendline we stayed above it over here same thing I believe will happen here once we break up above this so that's why I'm saying we probably have some sideways time coming definitely possible and again this guy's these don't play out candle for candle but the pattern is undeniable you cannot deny this pattern so anyways now let's take a look at the weekly that's another thing I want to look at just look at the parabolic move here guys it's still parabolic the parabola has not been broken this thing's still bullish I you know people can be as bearish as they wanna this thing's still bullish guys let's look at the RSI another thing we've been looking at since January this is the if you look at these two trend lines they're exact same angle this is a 2013 bull market followed by the bear market we had two touches of resistance on this trendline before breaking through starting a bull market 2017 bull market followed by the bear market two touches of resistance before breaking through starting the bull market look at the monthly this is the monthly RSI and these two white arcs drawn here you can see this yellow line we'll take a look at that in a second this is 2013 bull market followed by the bear market for lows in the RSI represented by what each one of these arrows before starting the bull market 2030 17 bull market followed by the bear market these four arrows represent a low in the RSI four of them before starting the bull market only thing is I think this is gonna be a much much faster much more parabolic bull market so uh it's exciting times guys I thank you for watching it if you like to channel definitely hit the crypto so heavy logo above my head to get you to subscribe take the notification bell to get you notified when I post new videos as I do do live videos once in a while and that will notify you when I do them so you don't miss out on anything also guys smash to likes leave your comments let me know what you think have a great day and if I don't do a live stream tonight I'll see you tomorrow morning will be the last update for this week and you know I like I said the tutorial videos will come out be released throughout the week until I get back so thanks for watching guys have a good day

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