4xForecaster
Short

LTCBTC (#bitcoin) - Chart Update - Double-Bot'ed

BTCE:LTCBTC   Litecoin / Bitcoin
136 5 1
LTCBTC             (#bitcoin) - Chart Update - Double-Bot'ed

Friends of 4xQuad,

This morning, we released a signal for a probable reversal to the downside. COnsidering that this is a relative strength chart, the decimals are not shown, so we resorted to highlight the probable target line from which we believe a support might hold.

At the current time, a double-bottom has been carved out, and we should see the floor soften up and price drive towards our target area if the predictive analysis holds true - So far, so good.

See the original chart (at time of signal release) posted on 4xQuad.com, if interested in this relative strength chart.

Cheers,

David Alcindor | 4xQuad.com
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: admin@KADAInstitute.com
All updates on https://twitter.com/4xForecaster
maybe this corresponding long-term support on LTC/USD is relevant?
Litecoin support @21.6 throughout the bubble, into next rally
Reply
@ronfkingswanson - Absolutely relevant. Thank you for sharing this very revealing chart.
Reply
flibbr
2 years ago
TA on a pumped 100% manipulated coin is a waste of time.
Reply
@flibbr - "TA on a pumped 100% manipulated coin is a waste of time. " - Which one are we talking about? The Yuan? Yen? USD? ... They all are bitcoins in a way, fiat currency with no intrinsic value, backed by faith, and swung around like dead cats. National pride, sovereign fiscal laws and arbitrary monetary policies are what keep any one of these afloat, if you think of it.

This LTCBTC chart is a courtesy TA requested on my FB page (www.4xQuad.com). The TA is as applicable as any other price-based asset, though - David Alcindor | 4xQuad.com
Reply
B10ckLanders 4xForecaster
2 years ago
flibbr, apply cold water to burned area...
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out