Eric Van Tassel (Not a Financial Advisor!)

Founded one of the first synthetic grass & golf systems companies in the US in 1998. I consult on large golf systems projects world-wide. Avid crypto investor.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

Now that $BTC has made a higher high, all the bears have been put in the woodshed as this is final confirmation to them of the Bitcoin low being in. They will now have to flip their narratives.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

$PEPE just made a higher high, which is a very good sign. We are seeing expansion out of the micro falling wedge, which was basically consolidation after breaking out of the macro falling wedge structure
You are seeing the trend/counter-trend structure play out that I talk about

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

$LTC broke back into and out of the ascending triangle structure. This is why you ALWAYS find and stick with the structure to know what price might do.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

Watching $ZEC closely to see if this continues to develop. It's not valid unless price breaks the neckline.

The measured move takes price to a retest of the recent, previous area high. This would actually be a good reset for higher prices if it happens to play out.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

I'm extending this ascending triangle on the 45 minute chart for $LTC. We saw a large liquidation probe up followed by a short float on lower volume down.

I am still anticipating that this structure breaks to the upside. As always, no guarantees so let's see how it plays out.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

$LTC is forming an ascending triangle on the 15M, a bullish pattern after a push up from the macro structure lower rail. I would anticipate a break out of structure within the next few hours.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

Looking at $TOTAL3 from a purely structural perspective, the setup is hard to ignore.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

After falling below the lower rail of the macro, ascending triangle structure, $TOTAL3 has worked itself back above that rail. As with Litecoin, a close above this rail on the weekly shows strength. Total 3 is showing more strength than $TOTAL and $TOTAL2 so this is the group

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

$ALGO worked it's back through and above the ascending triangle it fell through and this is the current structure I'm seeing.

Price rejected from the 1.414 extension and I'm looking for how it reacts when it touches the upper rail of this rising, parallel channel.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

Looks like primarily a consolidation weekend for most assets.

The question is will we see big players try to short on Monday after the run up at the end of last week?

Regardless, I’m very macro bullish on the market!
#Crypto #TechnicalAnalysis $BTC $ZEC $LTC $Altcoins

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

One of the more interesting things I’m seeing right now is the divergence between #TOTAL, #TOTAL2 and #TOTAL3.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

$LTC has retested the upper rail of this rising, parallel channel on the daily and held up to this point. Two previous times the retest failed and it fell back into structure.

We want to see this level accept price above the rail before moving on to higher prices.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

$TOTAL3 just poked back above the lower rail of the macro structure it's been trading under for 3.5 months now. Getting back into this structure is key when a macro rail like this represents 6 years of support prior to falling below it!

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

The $ALGO price has climbed back into the structure it fell through and is currently above the 200 SMA on the daily. Price needs to stay above that and and break above the structure.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

Watch the $LTC reaction at this upper rail and the .786 fib level around $57.30. We want to see expanding volume through this key area of resistance.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

This is a very clear bull flag structure for $BTC on the 2H chart so not surprised at all that price has broken up so strongly.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

Big price surge by $BTC in the past hour. Can it make a higher high and finally confirm a bull market for all the emotionally biased investors who want to buy back in at 40K? The low is in and my macro trend support line has held and will continue to hold!

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

A golden cross should happen for $LTC some time next week. I'm seeing this same thing with many alts. Some have already crossed and others are soon to.

Litecoin is like the tortoise in the race; slow, steady and methodical, but wins in the end.

[Eric Van Tassel (Not a Financial Advisor!) @_XRPath0logist]

We are just now seeing the 50 SMA cross above the 200 SMA on the daily chart for #TOTAL3.

At the same time, price is trying to push back inside the macro, ascending triangle it's fallen out of.