cgh118

Impending LTC breakout in the coming days?

COINBASE:LTCUSD   Litecoin / U.S. Dollar
I am really liking the looks of the 4HR chart here. We just broke through the Ichi Cloud and the Tenken and Kijun are setup to where the Kijun Sen with cross the Tenken Sen above the cloud. This is a double bullish signal. I will be keeping an eye on this one!
Comment: And take off :)
Comment: Doing well here with LTC. Also as shown here there is a double bottom and hopefully a resulting uptrend shortly!

Comments

Total agreement with your analysis here.

I entered my position at 100 and exited at 160. Re-entered at 115 and I'll be holding through what I also perceive to be a pending breakout.
+1 Reply
cgh118 involver
@involver, Their latest news was bad timing. There may be more where that came from based on volume analysis. This coin has room to grow.
Reply
involver cgh118
@cgh118, A lot of FUD across the board lately. Strong double bottom here, though, with a smaller LTC correction to the downside than BTC when it crossed 6k. Let's see if the structure holds true.
+1 Reply
cgh118 involver
@involver, Yes, the double bottom caught my eye as well.
Reply


My brother's analysis. Who is ready for a wild ride?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter