TP 1 : $73.81 TP2: $78.98 STOP @ $63.98 Set your stop-loss @ the red. Have a wonderful weekend. -@a1mtarabichi Disclaimer Market volatility makes priceaction subject to change at any moment. Hence the emphasis on ALWAYS SET YOUR STOP LOSSES! don't let your greed get the best of you.
- breaking and retesting the resistance of the bull wedge - blue "mirror" level - feels Fibo levels (min. - $ 23.0, max. - $ 145.0) - increase in trading volumes Who is out of position, there are two options: 1) Enter from the current or closer to the resistance of the wedge. Stop under $ 61.40. Profits are indicated by green areas on the chart. 2) Enter after the...
Hello everyone, it has been a while sense my last post. It is good to be back. I was looking at LTC / USD on 1 day chart and see a possible cup handle formation. I think this is supported by the RSI which is currently around 30 and Bollinger bands, where LTC is at the bottom band for a month or so. I expect to see 120-130 in the next couple of months. I think we...
Here is your game plan. As of today all of the buy zones I predicted back a month ago have been hit. If you committed a percentage of your capital to the coins I indicated you are in a low-risk high reward situation, CONGRATULATIONS you should be happy about this. NEO is still at a great place (In case you did not buy), NEO will double your money in just a few...
Litecoin is showing a lot of bullish potential so long as it can hold this 61.8 level, which for the time being, seems like the most likely scenario. We can see that Litecoin appears to be consolidating right at this 61.8 level, and with that, building momentum. The 1 day time frame is looking strong on the Macd and we are getting a green bar on the Megalodon...
Drama, hope, love, betrail that chart has it all!
After the down move we see the reversal and push back up over 0.0075 range. Small sideways action over the evening but broke out as expected. Expect larger moves to the up-side while bitcoin comes back to meet the trend line. Target zone 0.0089 - 0.0095 range. Target time ( 10 / 15 days ) Look for re-entry zones ( 0.007550 - 0.007680)
Looking at our 1 day time frame chart, we can see that Litecoin is sitting right about the 61.8 level on the fibonacci. We can also see that the Megalodon indicator is giving us a buy signal on our shorter time frame chart. It is important to keep an eye on Bitcoin to see what the market as a whole will be doing, but it is certainly not a bad time to be buying...
Priceline of Litecoin / US Dollar has formed a bullish shark pattern and entered in potential reversal zone. RSI is also entered in oversold zone. Volume profile of complete pattern is showing less interest of cryptocurrency trading at this area. I have defined targets using Fibonacci sequence as below: Buy between: 79.302 to 71.986 Sell between: 85.858 to...
Litecoin should bounce from here, otherwise next stop 60 USD Targets 126 and 147
Priceline of LiteCoin / US DOLLAR cryptocurrency has formed a complete shark pattern and entered in potential reversal zone. The RSI is already oversold. I have defined the sell targets using Fibonacci sequence plz find below: Buy between: 85.330 to 81.050 Sell between: 91.005 to 101.533 Regards, Atif Akbar (moon333)
Afternoon everyone. Bottom line – I’m very bullish on LTC and have a long-term position that I’ve been building since early 2017. But…this is called TradingView, not InvestingView, so here’s what I’m looking at. - The halving came and went without much drama. It was priced in over a month early in keeping with historical performance. Notable is that Charlie...
We are receiving sell signals for Litecoin on the shorter time frame chart! May be time to take short profits. If we look at our daily chart, the MacD for Litecoin just had an EMA switch to bearish. This is no time to be buying, but if we look at the last bottom at 77.54 it is entirely possible that we may see a double bottom come in there, and if this happens,...
After the previous halving of Litecoin’s block reward in 2015, its price increased by 400%. Should we expect a similar effect now? On August 5, a block reward halving occurred in the Litecoin network on block 1680000, as a result of which the miners' remuneration halved. Instead of 25 LTC, miners will receive 12.5 LTC for each new block. Litecoin is one of the...
As I predicted July 27 roughly 4 to 5 days before the LTC l halving; Price action was set to be doomed with miners receiving 1/2 in compensation— The appeal for LTCUSD fades As it is essentially a gimped BCH but Nonetheless every influencer with 100 million followers posted about how I have no idea what I’m talking about ( Despite over six years and I can’t even...
Hello Traders, I am looking at Litecoin LTC from an Elliot Wave perspective in this analysis. From my count LTC has started its main wave 5. Price looks to have completed 5 waves up to make primary wave 1, we are now inside primary wave 2 retrace. I am expecting to see an ABC or ABCDE type retrace to the area marked in red. This area coincides with the weekly 50...