ETH/USD - 200 EMA a key reference point for ETH & Altcoin market sentiment:
https://twitter.com/rektcapital/status/1173579718190403584?s=20
https://twitter.com/rektcapital/status/1173579718190403584?s=20
Twitter
Rekt Capital
$ETH #ethereum Rebounded from the $160 - $360 channel bottom The 200 EMA is a long-term gauge of investor interest & will decide on trend continuation $ETHUSD tends to be a leading indicator for $ALTS so breaking past the 200 EMA -> major shift in market…
ETH/USD - May 2019 was the last time the 200 EMA was breached:
https://twitter.com/rektcapital/status/1173583030147047431?s=20
https://twitter.com/rektcapital/status/1173583030147047431?s=20
Twitter
Rekt Capital
$ETH $ETHUSD #ethereum The last time ETH broke past the 200 EMA was back in May 2019 Post EMA breakout, ETH rallied +100% towards the $160 - $360 channel top May 2019 also happened to be the most recent time where Altcoins experienced a few weeks of prolonged…
Rekt Capital
QNT update (+25%): https://twitter.com/rektcapital/status/1173310022350266369?s=20
QNT update (+40%):
https://twitter.com/rektcapital/status/1173585545764790272?s=20
https://twitter.com/rektcapital/status/1173585545764790272?s=20
Twitter
Rekt Capital
$QNT / $BTC #quant +40% QNT flipped this green level into support perfectly ✅ This allowed for buy-side momentum to kick in and springboard price towards the green area ✅ Technical Analysis Course: https://t.co/qoRq0CQTUw #Crypto
Rekt Capital
LTC/BTC update: https://twitter.com/rektcapital/status/1160915276365467648?s=20
Twitter
Rekt Capital
$LTC / $BTC, #Litecoin Digs deeper into the blue area compared to its previous Market Cycles but still manages a reversal Green level (0.0073) stands in the way of $LTCBTC potentially confirming a new Market Cycle More analysis in my Free Telegram: https…
Rekt Capital
LTC/BTC extra analysis and follow up on previous update: How has the LTCBTC update held over time? "LTCBTC has never shown much strength at this level whenever it was enjoying a macro downtrend like it is now." While LTCBTC was able to rebound for a +20%…
LTC/BTC extra analysis:
This reversal is much less volatile than the previous ones.
This time round, LTCBTC developed a Morning Star candlestick formation, reversing with the aid of a long downward wick to tap into lower buy orders.
LTCBTC needed to resort to lower price levels to tap into a liquidity that would generate stronger price movement.
Here's a key difference compared to previous LTCBTC Market Cycles: LTCBTC would always wick below the 0.0073 level (even 1W close below it) before reversing upwards.
This time round however, LTCBTC clearly broke down from this support and will be soon testing it to check if it has flipped it into a new resistance. This sort of bearish confirmation wouldn't bode well for LTCBTC's future price.
Having said that, pressing past 0.0073 could be confirmation that LTCBTC has indeed begun its new post-Halving Market Cycle.
Every time LTCBTC has reached the blue area and returned above the green resistance (0.0073) - it had begun a new Market Cycle.
This reversal is much less volatile than the previous ones.
This time round, LTCBTC developed a Morning Star candlestick formation, reversing with the aid of a long downward wick to tap into lower buy orders.
LTCBTC needed to resort to lower price levels to tap into a liquidity that would generate stronger price movement.
Here's a key difference compared to previous LTCBTC Market Cycles: LTCBTC would always wick below the 0.0073 level (even 1W close below it) before reversing upwards.
This time round however, LTCBTC clearly broke down from this support and will be soon testing it to check if it has flipped it into a new resistance. This sort of bearish confirmation wouldn't bode well for LTCBTC's future price.
Having said that, pressing past 0.0073 could be confirmation that LTCBTC has indeed begun its new post-Halving Market Cycle.
Every time LTCBTC has reached the blue area and returned above the green resistance (0.0073) - it had begun a new Market Cycle.
Rekt Capital
ETH/USD - 200 EMA a key reference point for ETH & Altcoin market sentiment: https://twitter.com/rektcapital/status/1173579718190403584?s=20
ETH/USD - Approaching the 200 EMA:
https://twitter.com/rektcapital/status/1173952796888051712?s=20
https://twitter.com/rektcapital/status/1173952796888051712?s=20
Twitter
Rekt Capital
$ETH #ethereum On track to reaching the 200 EMA ✅ ETH has rallied $11 since yesterday (+7% increase in price) The 200 EMA will be a key reference point for ETH's price in the short-term Breaking it will likely instigate a major shift in market sentiment #Crypto
Rekt Capital
BTC - 1W update: https://twitter.com/rektcapital/status/1171015782521868289?s=20
BTC - 1W update:
https://twitter.com/rektcapital/status/1173957195525951488?s=20
https://twitter.com/rektcapital/status/1173957195525951488?s=20
Twitter
Rekt Capital
$BTC - 1W Latest 1W close was below the blue diagonal so $BTCUSD is still being rejected here Still very little follow through from sellers Until BTC manages to press past blue, it will continue to weigh on price so as to force it to breakdown from $10,000…
Rekt Capital
ETH/USD - Approaching the 200 EMA: https://twitter.com/rektcapital/status/1173952796888051712?s=20
ETH/USD - Reaches the 200 EMA:
https://twitter.com/rektcapital/status/1174050216749740039?s=20
https://twitter.com/rektcapital/status/1174050216749740039?s=20
Twitter
Rekt Capital
$ETH #ethereum Reaches the 200 EMA ✅ $ETHUSD has rallied $20 since yesterday (+10% increase in price) At a key point now ETH breaking above would lead to further trend continuation up this channel, resulting a major shift in market sentiment across other…
Rekt Capital
LTC/BTC update: https://twitter.com/rektcapital/status/1173949183214149632?s=20
Twitter
Rekt Capital
$LTC / $BTC, #Litecoin So far, so good - $LTCBTC has pressed past 0.0073 on 1D timeframe and is in the process of retesting it A 1W close above 0.0073 will add further confidence to this macro reversal #Crypto
Rekt Capital
LTC/BTC extra analysis: This reversal is much less volatile than the previous ones. This time round, LTCBTC developed a Morning Star candlestick formation, reversing with the aid of a long downward wick to tap into lower buy orders. LTCBTC needed to resort…
Previous extra analysis on LTC/BTC for additional context
BTC - 1W update:
https://twitter.com/rektcapital/status/1174626548789460993?s=20
https://twitter.com/rektcapital/status/1174626548789460993?s=20
Twitter
Rekt Capital
$BTC - 1W Blue diagonal continued to weigh down on price to force the breakdown from $10,000 $BTCUSD is once again near $9,500 - the level to watch Some wicking past $9,500 could occur but a 1W close above $9,5K needs to happen to stave off further downside…
Rekt Capital
ETH/USD - Reaches the 200 EMA: https://twitter.com/rektcapital/status/1174050216749740039?s=20
ETH/USD - Breaches the 200 EMA:
https://twitter.com/rektcapital/status/1174732335729823744?s=20
https://twitter.com/rektcapital/status/1174732335729823744?s=20
Twitter
Rekt Capital
$ETH #ethereum ETH breaks past the 200EMA 🔥 A 1D close above the 200EMA would confirm a major shift in market sentiment across $ALTS $ETHUSD is a leading indicator for Altcoins so a confirmed break past the 200 EMA will confirm a new phase in the #Crypto…
Rekt Capital
ETH/USD update - 1W macro range: https://twitter.com/rektcapital/status/1172955742539780096?s=20
ETH/USD update - 1W macro range trend reversal:
https://twitter.com/rektcapital/status/1174734020162330625?s=20
https://twitter.com/rektcapital/status/1174734020162330625?s=20
Twitter
Rekt Capital
$ETH $ETHUSD #ethereum - 1W ETH performs a trend reversal from the bottom of the channel and rallies +34% in the process #Crypto
Rekt Capital
QNT update (+40%): https://twitter.com/rektcapital/status/1173585545764790272?s=20
Twitter
Rekt Capital
$QNT / $BTC #quant Since reaching the green area, sellers have been eagerly selling here But dips in QNT's price are being bought up; the long downward wicks show this QNT is trying to claim this green area as a support It'll springboard higher should it…
Rekt Capital
LTC/BTC update: https://twitter.com/rektcapital/status/1174629762108743680?s=20
Twitter
Rekt Capital
$LTC / $BTC, #Litecoin On the 1W, $LTCBTC looks have to have faked out past the resistance but there's no rejection In fact, buyers are still active here A 1W close above 0.0073 will show that this upward fakeout wick merely occurred to dispose of higher…
Rekt Capital
ETH/USD - Breaches the 200 EMA: https://twitter.com/rektcapital/status/1174732335729823744?s=20
ETH/USD - Retesting the 200 EMA as support:
https://twitter.com/rektcapital/status/1176077490302967809?s=20
https://twitter.com/rektcapital/status/1176077490302967809?s=20
Twitter
Rekt Capital
$ETH #ethereum It is Day 4 of the Ethereum pullback towards the 200 EMA Yesterday $ETHUSD managed a small downward wick past it, which got bought up This has translated into some small, single-digit gains across the Altcoin market ETH needs to hold here 💪…
ETH/USD - Fails the 200 EMA retest:
https://twitter.com/rektcapital/status/1176491007606738944?s=20
https://twitter.com/rektcapital/status/1176491007606738944?s=20
Twitter
Rekt Capital
$ETH #ethereum Fails to hold the 200 EMA and breaks down convincingly from it $ETHUSD will be looking to form a Higher Low on this latest retrace to retain some of the bullish momentum it had gained over the past few weeks #Crypto
Rekt Capital
LTCBTC update: https://twitter.com/rektcapital/status/1176096516349530113?s=20
LTCBTC update - rejection from a key level standing in the way of a new market cycle:
https://twitter.com/rektcapital/status/1176096516349530113?s=20
https://twitter.com/rektcapital/status/1176096516349530113?s=20
Twitter
Rekt Capital
$LTC / $BTC, #Litecoin On the 1W, $LTCBTC looks have to have faked out past the resistance but there's no rejection In fact, buyers are still active here A 1W close above 0.0073 will show that this upward fakeout wick merely occurred to dispose of higher…
Rekt Capital
BTC - 1W update: https://twitter.com/rektcapital/status/1174626548789460993?s=20
BTC - 1W update:
https://twitter.com/rektcapital/status/1176493501820936192?s=20
https://twitter.com/rektcapital/status/1176493501820936192?s=20
Twitter
Rekt Capital
$BTC - 1W The Weekly close confirms a stronger follow through on the rejection from the blue diagonal resistance $BTCUSD has reached the ~$9,500 area again Some wicking past $9,500 could be on the cards A 1W close below $9,500 would spell further downside…