LITECOIN UPDATE - When is this rocket relauching
If you have not realised by now, I am back again with another market analysis on LTC/USD. If you have no idea where I have popped up from that is ok, check out my blog which will give you a little insight into my trading journey.
LITTLE BIG MOVEMENT LATEST BLOG POST
LTC/USD - Below you should be able to see the related idea where I had stated that any price below the VWAP is a great buy area for LTC. At the moment I do not see the LTC price dropping very far below the VWAP, but if it does make sure you have your buy orders ready below $84.00. Remember i am not here to predict which direction the price is going because that would not provide you with the information you really need. It is about the timing and staying patient to buy when the price is right in this strong uptrend. 6th of April saw the price of LTC hit the extremes of price at $97.00, where the green candle has hit my deviation bands twice. It looks like price is struggling to break the $100, but when it does we will be heading towards prices between $120-130
To make my life easier I have built a custom pine script indicator, which gives me an indication of where the value price is based on the criteria I used for my market analysis. Watch this space :-), but I think it is publicly available already, so be my guest and use or enhance the indicator. Just let me know if you make any improvements as it could help me as well.
Next update will be in the coming week - Thank you for your love and support.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement
LTCUSD
LITTLE BIG MOVEMENT LATEST BLOG POST
LTC/USD - Below you should be able to see the related idea where I had stated that any price below the VWAP is a great buy area for LTC. At the moment I do not see the LTC price dropping very far below the VWAP, but if it does make sure you have your buy orders ready below $84.00. Remember i am not here to predict which direction the price is going because that would not provide you with the information you really need. It is about the timing and staying patient to buy when the price is right in this strong uptrend. 6th of April saw the price of LTC hit the extremes of price at $97.00, where the green candle has hit my deviation bands twice. It looks like price is struggling to break the $100, but when it does we will be heading towards prices between $120-130
To make my life easier I have built a custom pine script indicator, which gives me an indication of where the value price is based on the criteria I used for my market analysis. Watch this space :-), but I think it is publicly available already, so be my guest and use or enhance the indicator. Just let me know if you make any improvements as it could help me as well.
Next update will be in the coming week - Thank you for your love and support.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement
LTCUSD
Comment:
Chart should be in the right place now
