Falling wedge on LTC/USD Daily Chart,
-Falling wedge indicates, Bullish Reversal, LTC going Uppity UPP
ADX at a trough, suggesting downtrend is close to the bottom,
Pitchfan resistance puts next price pivot in the 160$ USD range,
After LTCUSD hit the 50% FIB and bounce back, It makes a nice bearish movement.
Now It just breaks the flag ready to go down.
NOTE: The flag pattern is the best way to enter a trade, never enter a trade when it s in a middle of strong movement.
LTC has completely played a bull pattern about which he wrote earlier, now he draws a bearish pattern (acting in turquoise), by the way, I once again notice that the situation is similar to that of bitcoin 1: 1, I'll attach the bitcoin schedule below, and since the bitcoin situation is similar and it is likely that this pattern will confirm that it can be said...
-LITECOIN
LONG ON 0.015
09/15 0.023 26.08%
12/06 0.022 22.72%
03/10 0.023 13.33%
STOP LOSS 0.014 (when signal is no longer valid you should accept a little lost)
Hello guys
last time I told to buy ltc $ on 110-115$ and that's the only bottom of ltc its started raising after my buy call on that strong support
UPDATE:
135$ is resistance for short term players they can sell off there and again rebuy at 115-120$ litecoin is very slow in recovery so there is good chances that it may retrace back to 115$ after hitting...
What a day in the market! BTC liquidated a ton of shorts and resulted in a massive pump. How do we capitalize? Here. This is one of our favorite trade pairings. We have double bottomed and this is great value if you are holding BTC right now. Buying LTC around 0.0159 is a good entry. We can expect price to re-enter the bear wedge that has formed.
Take...
Now we see how the second local bottom is formed, repeating the history of Bitcoin, and the bull patterns that are shown in purple and red lines are also pending completion, so beware, but also do not forget to use stop limits because the market is very speculative and unstable
You can find a top inside new at www.dabinside.com this platform the first
what we have?
a bull pattern that signals the possibility of LTC's growth is drawn, the only question is whether we will go up from a strong support line marked green and go to the yellow sector or leave below and from there we go to test the resistance level stronger 170
in the affirmation of a given paternal pattern, on the daily chart we draw a similar...
... looks like it's making another run up through the cloud.
Last time it hit the ATH after 3 days. Reckon it may have another go at this, presuming it doesn't get REKT by a BTC run.
REALLY hard predicting these days which Alts will get punished and which will rise in the tide when BTC runs.
I reckon LTC has the recognition and "brand confidence" to carry the...
I'm waiting for small pullback to open a new position on LTC. Great opportunity if you working with leverage. The Chart speaks for itself)
(no financial advice, actually never.)
