News for the official product launch here medium.com Once the 4H stoch dips to the bottom you should start accumulating before the launch on Sep 28 If you want to play it safe you can buy the breakout and set sells around 0.000316 The last time news was published it created the previous all time high so the official launch will pump it
Believe it or not, we might not even be close to the end of this correction. At the current moment as I write this analyzes LTC is at $52.92, which I believe to be almost the top of wave (iv) of a bigger wave (3) that should be taking us down to $20 LTC, which should be the bottom of Wave (3). Then we will have Wave (4) which should bring LTC back up to around...
BTC is heading south and there is nothing we can do about it but to just enjoy the ride. We will see a pull back going back to the $4600, if BTC doesn't break above $4600 this will confirm the drop down to the $3k. Once BTC hits the $3k it bounce back about .382 of the entire drop, then it will test the bottom at $3k again. This is going to be a bit scary, because...
We are done with the extended wave 5 and we should be moving down now to the .618 fib retracement level around $51.
We are now in the early stage of a correction down to the .618 fib retracement which should land us right around $48.50's. This is just a correction of the last run from the $41. What this means as that we are still on an uptrend, but first LTC needs to consolidate before the next run up to the $70's
A very good opportunity to go LONG once you see a reversal candlestick pattern on Daily Time Frame or any other confirmation on lower Time Frame. Fibonacci Retracement is 50% right on previous structure as well as support of diagonal trend line. What do you guys think?
Did 5 waves to the upside on daily timeframe. Hit strong resistance levels around 1.03444. Currently on wave 2 within correction wave A, which means wave 3 will drop soon. Im thinking a drop to 50% fibonacci levels.
Trading can be so complex and intricate sometimes. I try to keep it as simple as possible. Impulse, correction, impulse. Identify the corrections and trade the trend continuations. Pair that with a little technical analysis and viola! A corrective channel structure has taken shape here. Anticipating the bearish breakout to continue the trend. I take the trade only...
1.Daily MACD hidden divergence and zoomed to H4 MACD hidden divergence. 2. HH, HL formation. 3. RSI is Overbought. 4. 50% Fibonacci Retracement. 5. Strong daily resistance zone.
The Potential Reversal Zone on this butterfly pattern is right above a previous major low. Because of this the risk is tiny compared to the reward. (1:10 for target 1), (1:18 for target 2). Entry at 27.74. Stops below 27.56. Potential targets at 29.95, and 31.37.
Howdy, This could go either way so worth keeping an eye on this pair as today's candle has not finished yet We have as you can see resistance but that could break through and retest as new support to go higher or create a new lower low. As always any feedback welcome good or bad.....still learning before I go LIVE
Here we see a butterfly pattern on the Nzd/ USD charts. the pattern has completed in the negative deviation of the last 100 moves. According to my strategy, if a bullish harmonic completes in the negative deviation area, it is likely that the market will rally back up into the positive deviation. The only thing to worry about here, is that over the last 200 moves,...