2012 REPEAT in My Opinion till $7,820 or $9,222 to New High.
I anticipate we TEST $6,149 by May 8th or 9th; then some shorts MIGHT kick in to send us back down no lower than $5,423 in my opinion. Then we likely stay sideways until the third or fourth week of May; possibly the first week of June, 2019; where we begin our LiteCoin Block Halving Pump. to either $7,820 or $9,222. We should then consolidate to find $5,500 to $6,150 as the bottom of a new higher trading range for the purpose of Re-Accumulation.
If you have been long at sub $5,500, I would recommend staying long with a proper stop loss or stop limit as a safe-guard to protect against substantial loss if my "opinion" should be incorrect.
The chart below is the History of Bitcoin Using Wyckoff Method:
Appreciate the support, Followers!
Stay Awesome!
; )
If you have been long at sub $5,500, I would recommend staying long with a proper stop loss or stop limit as a safe-guard to protect against substantial loss if my "opinion" should be incorrect.
The chart below is the History of Bitcoin Using Wyckoff Method:
Appreciate the support, Followers!
Stay Awesome!
; )
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We're in the process of making the largest inverse head and shoulders you've ever seen in your life:
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Another visual for comparison:
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I have had questions about the Litecoin Block Halving. So, I'm going to provide a few details. The first Litecoin Block Halving event occurred August 25, 2015. The next Litecoin Block Halving is supposed to occur on or around August 19, 2019. blockmanity.com/news...who-does-it-concern/
If you want to see what occurred with Litecoin Price and Bitcoin Price during the time PRIOR TO the Litecoin Block Halving Event in 2015, Have a look here:
If you want to see what occurred with Litecoin Price and Bitcoin Price during the time PRIOR TO the Litecoin Block Halving Event in 2015, Have a look here:
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Look to the right to see the starting price for each PRIOR to the BEGINNING of the pump; the new high price at the PEAK of the pump and the bottom price AFTER the pump.
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WHY is the Litecoin Block Halving EVENT so significant? The amount of Litecoins mined in each block will be cut in half. Which means the SUPPLY WILL BE CUT IN HALF. Which means this may be the last time to accumulate Litecoin at this low of prices.
It is my opinion most all other cryptocurrencies will pump along with Litecoin PRIOR TO the block halving EVENT. I have a hard time seeing Litecoin pumping all by itself. I've also shown how the Gray ENERGY in the 2-Week Time Frame has PLENTY of time to come down to the 50% level in the video of this publication. I've also pointed out we may see the peak of our pump on the 2-Week Candle beginning July 8 or July 22, 2019.
Since the Litecoin Block Halving will commence approximately a week earlier than it did in 2015, we might estimate a similar date to reach the peak of the Litecoin Block Halving Pump. That "peak" was July 10, 2015 for Litecoin and July 12, 2015 for Bitcoin. So, the Gray ENERGY may reach the 50% level in the 2-Week time frame on the 2-Week candle beginning July 8 instead of July 22, 2019. Which see:
It is my opinion most all other cryptocurrencies will pump along with Litecoin PRIOR TO the block halving EVENT. I have a hard time seeing Litecoin pumping all by itself. I've also shown how the Gray ENERGY in the 2-Week Time Frame has PLENTY of time to come down to the 50% level in the video of this publication. I've also pointed out we may see the peak of our pump on the 2-Week Candle beginning July 8 or July 22, 2019.
Since the Litecoin Block Halving will commence approximately a week earlier than it did in 2015, we might estimate a similar date to reach the peak of the Litecoin Block Halving Pump. That "peak" was July 10, 2015 for Litecoin and July 12, 2015 for Bitcoin. So, the Gray ENERGY may reach the 50% level in the 2-Week time frame on the 2-Week candle beginning July 8 instead of July 22, 2019. Which see:
This chart was provided one hour ago in the same publication: