My Thoughts:

Set it and forget it!  

Truly!  

Really!  

Your Bitcoin trade will either work or it won't!  I have money on the line that crypto will work.
​Enough money that if it works, I walk away with a sizable profit.  And if it doesn't work; I will walk away with minor scratches.  
​
Based on the chart; I am expecting Bitcoin to go a bit lower from here.  If you believe in the long term prospects, just add on the dips. But not so much that if this sheds 50%+, you'll lose sleep.

Sleep is important; sleep is good. Try not to lose any over crypto (unless you want to).  

At any rate; paying attention to $8370.  If that breaks (and it's looking like it will); we can potentially get a retest of Feb lows ($5873). Ideally, you want those levels to hold, if it can not; I think it can get nasty.  

Rest assured that if Bitcoin was going away; it probably wouldn't be here right now.

My Thoughts:

I indicated in my last analysis, Bitcoin was moving on up and the trading action appeared very healthy.  I was rooting for a sustained move above $10k (2nd major resistance line IMO); and thus far, Bitcoin has sustained that move.  
​The third line in the sand is steadily approaching.  That is; if Bitcoin can power through $12,500 with volume and trade above that level; it will signal to me that we have a fighting chance at retesting the previous $20k highs.  

Pulling back from the current level of $10,800 does not signal failure.  A minor pullback to the low $9ks would actually be healthy price action for the overall trajectory of the chart.  

I remain bullish on Bitcoin.  

Long Live Satoshi, Long Live Crypto! 

DISCLAIMER:  Nothing on this site shall be constituted as investment advice.  Cryptocurrency is a highly, note, HIGHLY speculative market.  The returns are great but so are the risks!  As with investing; I never invest with money I can not afford to lose. ​

BTC/USD

My Thoughts:
We aren't out the woods as of yet but things are looking up.  Since hitting a low of $5,873 on Feb. 6, 2018, Bitcoin has been in an uptrend (characterized by higher lows).  The real battle ground, however, would be the previous line of break-down; which is the $10,000 mark. 

We are a bit away from 10k.  But then again, in the Crypto World where no one EVER sleeps, we aren't that far off with the current price at $8,623. 

If Bitcoin can reclaim and hold $10k for any bit of an extended period, I almost feel we will be back at $20k in the blink of an eye.  For now, we watch. 

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Long live Satoshi!  Long live Crypto!

I think Bitcoin side-liners will have an opportunity to pick the coin up at a steep discount.  The overall chart looks weak in my opinion.  This is not to say I am bearish on Bitcoin long term; it is to say; I do believe we can witness more downside before the coin goes on to do great things. 
 
What am I expecting?
Sitting at mid $14k (around time of publication); we may have one further back test of $15k before falling towards $12k.  This is where things get rather interesting for the coin.  $12k-$12.5K represents fairly solid support going back to early December/2017.   If we can not hold that line; $9-10K is a very real possibility.

I want to be bullish on Litecoin; I really do.  But the chart seems quite bearish right now.  It appears as though the coin is forming a head & shoulder pattern on the 4 hour (since late December).  I agree; the pattern isn't complete as of yet; but it sure looks like it's forming that right shoulder. 

Providing that the right shoulder is formed; you want to pay attention to the $200-$213 area.  If $200 support doesn't hold; we may be looking at a retest of the $144 low. 

TRX has been on a tear for the past two weeks.  In particular, the last two days.  This coin shot up a rough 850% in the past two weeks; going from a low of .04-.38 in many places.  The coin has since pulled back and now hovers around the .18-.20 cents mark (or ~1350 SATS). 

Where does it go from here?
While I enjoy a good run just like all the other bulls.  The best thing for this coin is a bit of consolidation.  Preferably between the 1100-1350 SATS (.16-.20).  If we can build a solid base around this area (several days-weeks); I am very confident that we will go on to reach .50 and $1 within the next month or so. 

The chart above demonstrates 3 areas of support in my observation.  If the 1st fails, chances are we head down to the 2nd.  If that fails, the 3rd, etc. 

For now; the best thing to do is hold or HODL!  From my observations, that's how you succeed in the crypto space.