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RMPForex
Dec 19, 2017 9:07 PM

Litecoin/Usd - Trend is your Friend  Long

Litecoin / DollarBitfinex

Description

LTCUSD analysis based on Masterforex-V Technical analysis provided by RMPforex.com

- As long as the pivot point (see chart) is not broken - trend up will proceed.
- Once pivot point is broken - Litecoin will move in to a flat phase and the new reference points will be created.
- Green lines mean my tactical plan where I will be looking for some signals to open some new buy positions

Comment

Pivot point - is the blue line beside 243 price

Comment

Video Review of Litecoin (LTCUSD) - with 9 minutes explanation of my idea - on RMPForex Youtube channel
Comments
eivind.smeby
Buy now at 300$?
RMPForex
@Eivind.smeby, Its now in the entry zone. All as per tactical plan. I'm waiting for a signal. You can use any signal you like. I'm looking for an FZR of smaller time-frames (see video on my youtube channel to understand better what I mean)
RMPForex
Tomorrow will post the same idea on my Youtube channel. With complete Video-explanation. Some how for me it is harder to express myself through Trading-view tools (maybe needs time :) )
eivind.smeby
@RMPForex, ill take a look at your yt and sub ;)
RMPForex
@Eivind.smeby, ;)
eivind.smeby
@RMPForex, Any smaller coins you look at buying now? Looked at some analysis of people that thinks coins like siacoin, power ledger, stratis and vertcoin is gonna boom now :D
RMPForex
@Eivind.smeby, no, not at the moment :)
MuMPiTz
pivot point is the red line: 343$? So now where its at 335$ it has been broken? Sell now and wait for it to retrace further?
RMPForex
@MuMPiTz, Pivot point is the blue line - on 243.35
RMPForex
@RMPForex, Red Line is the price line :)
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