Litecoin has been dominating the market lately and leading the altcoins to higher highs.
However, we are now at a very important resistance for Litecoin.
It is going to take a lot more volume to break the previous support level that has now flipped as resistance.
We are in a massive rising wedge with declining volume and bearish momentum is starting to take...
We can see that that LTC failed to sustain it's upward pressure and started to pull back, while BTC actually broke to the upside and had a substantial move before pulling back. Remember, we laddered in from 70-60(depending on where you saw my posts) down to 55, even 40 in some cases. We are in very good position to hold for a move up. Now, my last post update...
Charlie Lee will go down in the history books as having some of the greatest predictions in crypto.
I wanted to mark these tweets in the history books so people would remember the mind blowing trading genius Charlie Lee.
On March 30th, he tweeted that after Segwit, Litecoin Price woudl go up an estimated 300-400% to $14 was near the absolute bottom of Litecoin's...
Hello dear readers,
Litecoin has been going on a run for the past couple of months. The chart is looking oversold, perfect time to short.
We use bitmex.com to short crypto assets. We will be using the LTCH19 contracts.
Trade: SHORT LTCH19
Current Price: 0.01480
Time Frame: 4 hour
Buy in: 0.01475 - 0.01480 - 0.01485...
The higher area consists of:
- Fibonacci retracement 38%
- Strong area, only strong candles have managed to crack this level.
- The semi-round number $70
This level should hold us if the BTC price doesn't drop below $4,800
The lower and the better entry point would be around the $50
- Perfect Fibonacci retracement 62%
- Fibo retracement matches exactly with...
Good morning TV,
I usually post my video analysis privately for my Cryptosomniac Advantage community but figured I'd do a public analysis today. Here are some of my thoughts:
“I can’t be involved in 50 or 75 things. That’s a Noah’s Ark way of investing – you end up with a zoo that way. I like to put meaningful amounts of money in a few things.” – Warren...
LTC looking primed here after hitting support and bouncing off it multiple times
Have broken above this falling wedge and targets are the 2 supply levels above
With a BTC breakout, LTC should follow suit or maybe even runner harder than BTC
The lagging indicators are showing signs of the next leg up. Both RSI and MACD are starting to trend up on the 4hr scale.
Target price for this leg up is roughly 130USD.
This is not financial advice. Happy investing.
I am back again with another market analysis. If you have no idea where I have popped up from that is ok, check out my blog which will give you a little insight into my trading journey.
LITTLE BIG MOVEMENT LATEST BLOG POST
LTC/USD - With price currently moving sideways along the VWAP, I believe this is an excellent time for LTC traders. This week I did not do...
Back in a time closer to the 1990s, I remember these neat little Nokia cell phones that handled its own little custom database of user info. PDAs had databases. Everywhere now, you see little laptops or your local cafe down the street tend to handle their own databases pretty well.
But what does the community here think of BLOCKCHAINS? And CRYPTO?
Our technical analysis on LITECOIN/US will focus on the 2 indicators we added to the above chart.
Stochastic-This indicator knows how to find such trends by a mathematical formula invented by George Lane (briefly on the indicator) as you can see we are currently in the 80 range that's a range of being overbought
Ichimoku- this is an indicator for finds trends and...
A few days ago I talked about how good April is going to be for Litecoin. My target was of around $82 and we have reached $84 already, way before I expected. Bitcoin has made a huge green candle up to 5100 in major exchanges and is facing now what it could be the beginning of another big and last impulsive wave down. I´ll talk later about how I see the market in...