LTC is moving. We have some M/W resistance around the $280 mark but things are still looking right.
So in last night's video I mentioned I expected to see price action pull back from the area of $230 (at that time) and that pull back is starting to play back. While I would love to see price action move up over down, I do expect to see pull back to the areas I mention. Only time will tell in the long run! I hope you enjoyed another video, if so give me a...
Quick run over what i'm seeing in my charts after this mornings update. I'm hoping for price action to hold present levels, which is possible given that there are folks probably looking to get in in order to take advantage of the Litecoin Cash fork if it's not a scam!! However, i do expect to see a retrace I mention in the video. If you enjoyed.. give me a...
I made a call last night that LTC would break down from a rising wedge pattern, but that pattern failed overnight when a huge increase in buying pressure appeared on the scene throughout crypto and the major names such as BTC and ETH (trailing a bit behind the other two). I'm seeing a lot of dollar-priced increases across the board, but LTC clearly leads the race...
Really quick video to follow up on my Feb 14 video where i explained my expectations for LTC. Those expectation have played out and I did get my expected pull back, so now I'm picking a new target of where i think price action may be moving. I hope you enjoy the video... give me a like and leave me a comment on what you're doing on LTC>
So we hit our target off the double bottom I mentioned in a previous video and it got me thinking what's next. Run through my quick thoughts on what i expect out of price action. Of course, i'll monitor again tomorrow morning and change plans ff needed. I think the confluence of fib level, I mention in the video are interesting and be curious how price...
I know I know... clickbaity title, which i apologizes, but LTC has put in a run this morning so it seemed appropriate :). Looks like a setup is playing out nicely and there is profit to be had. So this is a follow up to my post on two setups for LTC back in Feb 9. I had been watching this pair, but had not been able to update as much as i would have liked...
We will have to wait and see :)! A little TA on LTC for your enjoyment. Let me know what you think.
There is always opportunity whether price goes up or down. Right now the opportunity might be to run!!! ~Bearish Weekly MacD's across the board. Bitcoin especially is looking at dual crossovers on the Moving Averages. ~Bitcoin targets are $5000, then $4020, then $2400. If I'm wrong, and I hope I'm wrong, then Bitcoin could bull run to the $1150s. ~Litecoin is...
This video is a follow up to a Feb 1 post where I identified two lower level targets as possible buy opportunities, which played out (linked below). Right now price action is looking very bullish and i explain how I'm reading it and two chart patterns taking place and three target levels I'm aiming for. I hope you enjoy the video... give me a like and...
Hey everyone.. Check the links below for back history on this and my TA on LTC. Right now, from the 4hr chart, it looks like my thoughts on a double bottom and falling wedge (both indicators of reversal) are potentially starting to come true. (WOOT!!) We have a close above and current confirmation of move to the upside. I'll be monitoring over the next...
** In the video I stated "double top" and I should of said "double bottom" but you'll get it when watching :) ** Below bullets summary of video: W - Weekly overall showing Bullish, weekly price action has returned to spoke onto the 786 fib retrace, above the 36 day MA (bullish) D - Price action below the 36 day (bearish), 200 MA providing support, slow moving...
I go through my bullish and bearish scenario at this price. waiting for a 5 wave off of previous low to turn bullish. Waves 1 and 4 did overlap which technically invalidates my count. However, based on BTCUSD and how volatile LTCUSD is, I am still short right now and have the 108 as a wave 3 and waiting for a wave 5 to $~70
I'm looking for one more low to bring us to the $108 to $70 range right now assuming this is a zigzag correction 5-3-5. Its hard to catch the bottom so I'm planning to start averaging in depending on what happens tomorrow and then wait for a impulse wave up/correction for a full position.
Welcome to our first video analysis here on tradingview. I am very happy that I can test the new feature and share our views on markets faster and easier in a video format. In this video analysis I will take a look into BTCUSD and also some other BTC-cross pairs with interesting patterns. I you will like the video please leave me a feedback into a commentary...