A breakdown of $28 will resume the downtrend and can sink the LTC/USD pair to the next support at $20. If the bulls defend the $28 mark, the digital currency might remain range-bound for a few days.
A breakout of $37 will set up a short-term trading opportunity on the long side, with a target objective of $47, which is likely to act as a stiff resistance. ...
If BTC' makes a move from the current level then LITECOIN' is ready to make a breakout from the triangle!
Triangle has drawn on the line chart to avoid those noisy wicks on the graph.
The last 4h candle bounces upwards from the support level and from the trendline crossing area and the price is on the Triangle peak which will indicate that the explosion is ...
Wow, LTC fell already so much!!!! The bottom must be surely in, right?
Well, before prematurely crying out that the bottom must be in, because an altcoin fell so much, we just have to look at good old historical data.
We can see that LTC went back all the way from where it started during the rally of 2013 and subsequent bearmarket.
Started at around 1-2 USD, and ...
We will soon find out.
RSI is near all time lows, a fall to 20$ would put us at -28 RSI which is very oversold.
If we hit 20$ and get a reaction, I will be taking a small stake in LTC.
If LTC doesn't hold at 20$.. the new target is a very grim 4$.
logic: nothing sensible.
bitcoin futures (before was okcoin, now its bitmex ) actually control the price of spot market btc
so if the manipulator [let's assume they are called MEGAWHHALE}, was going to dump BTC very low on spot market, MEGAWHHALE would of set massive shorts prior so to hit MEGAWHHALEs position(s), while at the same time, driving BTC low to ...
LTCUSD is approaching our first resistance at 36.70 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 32.62 (61.8% Fibonacci extension, horizontal swing low support). Stochastic (89, 5, 3) is approaching our resistance and we might see a ...
You forgot all about Litecoin didn't you?
Since so many Bitcoin charts are focusing on the comparison of the 2014/15 bubble with the 2017/2018 bubble, I thought it made sense to take a look at its little brother. So there seems to be an established support/resistance level around $30. This coincides with the top of the previous bubble and the resistance level on ...
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears ...
Hello to everyone. I want to show you something interesting. I want to warn Moon boys about what it’s about to come.
NVT tends to go up as price goes up. But when it goes too high, it needs to go down to start the cycle again. The fact is that when it goes down, price does as well, and it’s at a really high level at the moment. I’d learn to short to take profit of ...