Crypto back to $20,000, this time $50,000 this year 2020
The price reached the resistance zone formed by SMA100, 50.00 resistance level, and the local downtrend line. We should be ready to see a reversal from this zone with the further downward movement to the local uptrend line. The pullback from the resistance will be logical. RSI is not far from the overbought zone. We have bullish candles that don't tell us about...
Litecoin appeared to be very bullish once BTC started losing its dominance. No wonder, its one of the most popular altcoins and so every time BTC lose dominance, money comes to LTC. While it look so good with bulls volume pumping, it is time to pull back a little. The size of pullback will determine if LTC will be able to recover from downtrend (which it is still...
It is the first week of January and the bulls are sky high and the bears are in disbelief and some are REKT. Remember 6 out of 8 Januaries resulted in dumps. But prior to a dump,the first week had a pump. I updated my previous bloody January idea to fit the current bull run, now the current price action looks extremely similar to October 25th after the mega pump....
Greetings. Please leave a Like if you like the idea Good factor to initiate Long position. The price made a breakout of hear and shoulders pattern. Some resistances should be tested at least after such action. I would keep an eye on horizontal support though - Important Level. It is good for the Price to stay above, but if this horizontal is broken we can go...
Although many are waiting for Bitcoin to start a bigger upside move, many are not giving enough attention to major caps.. Here's why i think it could be a good idea! The Downtrend Channel impacts on Eos: - Price has retraced over 75%; - Have been losing Volume for 8 months now; - Almost no one is talking about the coin anymore; But today out of nowhere we...
After the breakout of the falling wedge , the price formed a horizontal corridor and breakout of one as well. Currently, the price is consolidating above the 0.006 BTC level, which is an upper border of the corridor. It means that we should see at least a small growth from here. Ideally, we should take hold above the 0.006170 level and then ...
If LTCUSD reaches the resistance level of 52.6, we sell before the intersection of two support lines
Hello guys, please hit the LIKE button to support this work The price formed an ascending triangle which is a bullish pattern. This pattern means the pressure from bullers is growing and the price might break resistance this time. So we can continue to long it. Trade stays active while price above support trendline Please follow the Trading View profile to...
Litecoin has been forming this pattern which we have already seen back in november 2018. I am expecting a fake bull run of BTC to 8-9 k levels, LTC will follow the king as well. Below 41 usd will invalidate this run, 38 target will be on the table before a run.
Litecoin just broke above the Lower High trend line that started with the June 2019 top. Is this a Bottom and thus a long term bullish sign? Well a quick comparison with the Dec 2018 - Jan 2019 bottom sequence shows that when the long term Lower High trend line (dashed) breaks, the Bottom is in. The RSI sequences of the two periods is also similar. So what I am...
If you are bullish on Bitcoin, Litecoin must be a no brainer if it were to reach 0.0050 - 0.0052 range. Very strong support of the 1:1 extension of the entire structure, the bottom of the parallel channel and the negative 1.236 Fib level. I get suspicious when it is this obvious.... but let's find out if it gets there.
While everyone is trying to figure out if Bitcoin bullish or bearish, most of them are missing some great opportunities... The Downtrend Channel impacts on Ltc: - Price has retraced over 75%; - Have been losing Volume for 8 months now; - Almost no one is talking about the coin anymore; But today out of nowhere we got a 15% pump and just broke the Channel. ...
Let's cover LTC/BTC Pair Litecoin showing a Bull volume on 1d Time Frame, Broke this Trendline confirmed bullish factor and manage to hold this key support area. Once Litecoin continues to pump our potential target for LTC at 6683 -7080 sats for the first wave getting around 28% profit for this Trade without using leverage next potential target will be at 8039 -...
Watch the 200ema and the blue trend line break. The arrows show the past and the possible future
Greetings. Please leave a Like if you like the idea As I said earlier it will mean a lot if this resistance zone is broken and might bring the big growth. And we also have a head and shoulders pattern. But what should bother you it's the exponential growth that can bring a new correction for the price. As a good sign I would also consider the price fixed...
I think short term LTC will probably push up ~20% but because of the BTC halving anticipation will fall drastically as it did previous cycle.