It started to make higher highs and not it is time for next move. It is above 50SMA and approaching to the MA zone.
NOT a BUY until confirmation MUST reclaim $48
Looks like the pair LTCUSD will touch $34 - previous resistance level or support level in the next 2-3 weeks. For double confirmation of this level, observe how far shadows from June 26-27 went down. If price passes Fibs 0.236 there is a high chance that pair will consolidate at $34.00-34.50 and form the bottom. Also include Gann Fan and you will have strong...
With regard to previous 96% drop, most of us became skeptical with Ethereum. We estimate that downtrend may continue - until $160 (Fibs and historical price levels). If price does break $250 - we'll become bullish only at the entry point of $160. If price will find support level again at $222 (which will create double-bottom) and Fibs 0.618 will be passed after...
You can't be confident with your forecasts on 100%. That’s why we estimate two scenarios at once. You can be either bullish or bearish. On our chart we show how to act in the worst case scenario and how to act in the best case scenario. For basis we are using BTCUSD chart from GDAX (Coinbase Exchange). We have used: 1. support and resistance levels 2....