LTCUSD - chart for larger potential coiling

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
302 2
Here is the larger scale potential coiling of LTC mentioned in an earlier idea. Though waiting to be tested again, the support seems strong.
With all the excitement and popularity these days, crypto-coins don't seem able to maintain stability for long. So, it looks quite likely LTC will breakout sometime before the 20th January as its price amplitude gets too narrow, but which way will it go?
Comment: Looks like the coil broke and the breakout came. Watching to see what the big money does after the panic selling fades. There is still the potential for this to be a spring before an upthrust, or if not some nice retracements to catch on the way down...
im scared of macd
+1 Reply
olivernash janek.bobula
@janek.bobula, it doesn't look good does it. If you switch to the 1day view, the macd has been falling since late December; it looks like during that fall a few attempts were made at breaking the support, with less force each time. If it's next attempt to fall through the support is weaker than the last, then maybe it becomes more interesting than scary?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out