BTC Market Dominance has further to fall to continue the current Altcoin Market trend. This may lay the final support needed for the BTC Dominance to continue it's bullish trajectory on the weekly time frame. Further, this would coincide with a theoretical capitulation of the Altcoins into BTC before an eventual capitulation of BTC itself in May/June.
Hello dear crypto friends, hope you're doing well! ;)
Bitcoin: Cup & Handle in the Daily, EQ on the Weekly
Ethereum: Bull-break out of Pennant, wunderful EQ-potential on the Weekly
Litecoin: Bulls make 40 to support, have to take out 50 in order to negate Bear-flag on the Weekly
Ripple: Daily in EQ, Weekly EQ more descending
If you had some...
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Litecoin failed to follow through on the bullish breakout, just like bitcoin. And again just like bitcoin, we’re stuck between 2 MTFA levels: 45.2 and 40.8.
Selling pressure has taken control as the CMF has turned negative, and the indicator has plotted a short setup. In this case I’m ignoring the breakout level shown by the indicator, but placing the entry...
XRP may be the best pair to short for the next major drawdown. possible BTC pump in the near term to 4k should put xrp around 35-38cents which if you're patient can hold a short entry from there to potentially 12 cents if the triangle breaks down big. Thank you Kraken for gifting us the ability to Margin XRP
be careful out there
A conservative trader shoould wait for a confirmation break of the neck line before shorting, i personally am already building a position. Do not trade on chart patterns alone as they are historically unreliable. However this set up seems juicy, lets see if it plays out or is this just a fake to trap bears? Good luck to all,
What a pump Litecoin' did today, really sticking out of the average of this market. What i said a week ago: "As i mentioned in my Bitcoin' analysis yesterday, i would keep an eye on Litecoin', because it is a good indicator for the direction of this market." So far this LTC has been leading, but to be honest, the rest of the market is falling way behind....
Litecoin (LTCH19) is moving to challenge its overhead resistance sitting at 0.00978.
If this resistance can be broken with strength, expect additional bullish action from Litecoin (LTCBTC).
Conditions for change: If Litecoin (LTCH19) to break and close above 0.00978, you can expect a retrace to ensue and EMA10 to be tested next as support at which point a new...
What's coin on guys?
I'll just drop this fractal here for you to follow. If this fractal plays out, drop could be huge. Don't mind the deformation from copied fractal. This happened because of the log scale.
If you are long here, be carefull and set your stops very close.
After closing a trade on litecoin I was thinking at the next one, when I noticed that maybe I was missing the big picture.
I explain you.
In litecoin there are two levels above and under 1cts of bitcoins pro ltc.
0.01 offers support and resistance.
Each time that this level is broken and a golden/death cross appears LTC moons or earths.
Now we are at...
Good morning or afternoon depending where in the world you reside.
Week in Crypto (Top Events):
New - Litecoin founder - Charlie Lee - experimenting with privacy MimbleWimble and you can soon buy a Maserati with Litecoin payments. Follow Charlie Lee on twitter for more details on these updates.
#1 - Baakt continues to make headlines and progress in launching...
Write in the comment what you expect from the current trend.
Bearish sign flags are outfueling while accumulation phase starts now.
Very low risk trade with high potential.
I can expect an uptrending accumulation phase now with possible a very likely long trend up.
Tell me what your thoughts are.
Litecoin (LTCBTC) is waking up after breaking above EMA10 with good volume and strength.
MACD is now on the bullish side.
Strong break above EMA100, EMA50, EMA10 and MA99.
0.00919 Next resistance (Target).
LTCBTC Targets by Alan Masters
Stop loss: Close weekly candle below...