cstevens97

cstevens97

Will purchase on retest of 184-185 area of the breakout of this ascending triangle... Entry - 184-185 (100 LTC) $18,400-$18,500 Exit - 250 (100 LTC) $25,000 P/L - +$6,500 (+35%)

cstevens97 Updated 

Entry was on retest off of 149.29 breakout. Target price is $194. Entry : 100 ltc @ $149.50 Exit : 100 ltc @ $190 P/L : +$4,050 / +27%

cstevens97

ltc is going to where I/the community expected it to go for the most part, I believe we see a 80-90 LTC shortly, and then a revisit to the 50-65 level before we see more gains, higher highs, higher lows, best time to trade crypto is right now.

cstevens97 Updated 

Depending on how each mini ascending triangle (depending if they're confirmed as ones, with the trend lines of a triangle needing to run along at least two touches of horizontal top of triangle and two swing lows in which the seconds higher then the first.

cstevens97 Updated 

Broke down out of ascending triangle, 15m target is 53.5 area.

cstevens97 Updated 

I think this is in a neutral spot, we could retest the upper part of the trend line we had previously broken out of, but didn't confirm as a breakout as we dipped back below the overall restistance line. We could retest the bottom line as the low since the overall breakout upwards on the daily time frame. A CONFIRMED breakout of either spot could bring us as high...

cstevens97 Updated 

Potential head and shoulders on four hour time frame, could short around 58 which would form a double top with targets around 58-52

cstevens97

I reduced my ltc by 30% when it reached 54-56$, looking to buy back in anywhere from 48-52$ to hold until we see the highs of 80..in which a larger % of my stack will be sold into usd.

cstevens97

Looking at the weekly litecoin looks as if it could form a ascending triangle if it touches the 80 area and retraces to the support line and continues up from there or breaks down out of the potential triangle. If it breaks the confirmed triangle the measured move would be around 135$

cstevens97

BTC wicked up to touch the top of the channel based off the two previous swing highs, don't be alarmed if it comes back down to the bottom of the channel or breaks through the top and turns the upper channel resistance into support.

cstevens97 Updated 

I believe we are breaking out of a long term trend line starting at the high of 146 on June 17th 2019 in this weekly candle depending on where it closes in six days, also the blue shorter term trend line stemming from the two wicks @ the highs 50.96 on April 27th 2020 and the wick on June 1st 2020 @49.90. To really confirm a breakout we not only have to close the...

cstevens97 Updated 

I believe we broke out of a weekly trend line resistance we faced since the high at 146. The breakout measures to 165$, but you can see the trend line from the high at 182$ down to 146$ and we could see LTC go touch that trendline in the medium term and retest some levels below for support before a move to the 165$ level. If that push to that next resistance line...

cstevens97

Looks like we are retesting perfectly the trend line that we broke out of then traded sideways from, we will see if we can take a short position out here with a tight stop loss, if it breaks up above this trend line then retests it for support and it holds this will be invalidated and it becomes a bullish outlook for the interim.

cstevens97

If we retest line we broke down from @42.55 and get rejected we will most likely retest around 39.15 or so in which you could close the position and take out a long with a tight stop loss because if we bounce from that support and takeout like 44$ area or so and confirm a breakout we will most likely see 50 and so on.

cstevens97

ltcusd longterm outlook

cstevens97

Detail provided on the chart. Looks like a head and shoulders pattern emerging on the 1h time frame. If confirmed as a head and shoulders would be a good time to buy up on dip to 37.50-35.50 area with a tp of 48.50 and 52.50

cstevens97

ltc

cstevens97

48 could cap the upside of LTC, but it could return to its high of 50.46.