Liteocoin made an attempt to retest $55.84, but a red triangle on the KRI confirmed resistance midway, and we swiftly retraced. We are currently heading back down to the lower bound of the range with $51.92 a likely target for support. If this does not hold then $50.64 is sure be a floor price. If we can somehow pivot, we have a long way to go before the next...
Trade Idea: Selling Litecoin Reasoning: Bearish Flag on the 60min chart. Entry Level: 52.52 Take Profit Level: 50.52 Stop Loss: 53.13 Risk/Reward: 3.35:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
Litecoin is still currently moving sideways in a tight range on the weekly time frame which isn’t very common for such a long period of time. Still fully expect and believe our next breakout will be to the upside. How much lower can we go, right? I have full faith especially when it comes to Litecoin. The low $50 dollar range for Litecoin has been holding...
Litecoin broke out of the narrow range it had been holding for a few days, between $50.64 and $51.92. This narrow range suggested that a breakout was near and sure enough we were able to break out into the range above. We mentioned that $55.84 was an ambitious target and sure enough, we appear to be meeting resistance in the low $54's. Volume has been extremely...
Price filled the imbalance around $50 and moved up from there breaking above the resistance at $52. Overall, i am expecting price to keep moving up from here.
XDC has been in this long correction consolidation as have most of the other cryptos in this bear market. It seems like XDC has found a bottom or is finding a bottom. This descending broadening wedge pattern that formed after a major bullish run is a great pattern and will result in a nice upside move to start XDC's next run up to possibly $3 on this next run. ...
Litecoin is forming a very narrow range, as dedicated readers will remember. For the new readers, recall that we have strong levels at $50.64 and $51.92, between which LTC is ranging right now. If we are able to break out, then $55.84 is the next target but this will require significant momentum so don't get your hopes up. In reality it is likely we will...
Litecoin has found support at the base of the $50 handle at our level at $50.64. However we are running into immediate resistance from the next level above at $51.92. This is a very narrow range for Litecoin, which had been oscillating between these lower levels and $55.84. If we are able to break out from $51.92 then $55.84 is the next target, and based on the...
Litecoin (LTC) is a peer-to-peer cryptocurrency that was set up by Charlie Lee (a former Google employee) in 2011. It shares many similarities with bitcoin and is based on bitcoin's original source code. Litecoin was designed to be used for cheaper transactions, and to be more efficient for everyday use.
LUNA CLASSIC LUNC Luna seems to be bouncing within this falling channel/wedge. If LUNC has the volume and manages to break out of this wedge then I can see a nice run to .00033 and if there is enough steam and volume then a spike to .00035. At that point I believe LUNA will drop back down to previous support at .000288. Once that happens LUNA will have formed...
SOLANA went on a nice run almost 200x from its lows less than a year ago. Its pretty near its top now, there may be a small drive up to $280-$290 when Bitcoin makes its run, then wave 5 is done I believe and its probably headed down for a while. Also SOL/BTC has pretty much double topped and finished the 5 waves and is on the way down. Not a very popular...
PancakeSwap CAKE/USD is showing some real weakness. The selling pressure is astronomical and its going to consolidate for a while maybe a few years if it sticks around. These types of projects will more than likely be weeded out by new regulation over the years. Unless Cake can move with the regulation coming then its more than likely going to tank. It had a...
PIVX formed almost a perfect inverse head and shoulders on the BI Weekly chart. Price action has closed above the neckline. A measured move of at least $1.50 is coming with a possible move up to previous highs to follow. PIVX is being accumulated, and the buy orders have been increasing exponentially on the exchanges. Something is in the works for PIVX and its...
Hello my friends, good morning. I wanted to share something with you all. I was just playing around with moving average inputs on Bitcoin on the Daily time frame. I changed the inputs to 88, 444, and 888. What I noticed all the way back as far as the moving averages can show data on Bitcoin daily time frame is very interesting. Every time in Bitcoin history...
Litecoin has been able to hold the $50's, but is facing resistance at $51.92, as predicted yesterday. We were able to find support just above $50.64, holding the $50 handle. However, a lack of momentum prevented any follow through past $51.92. If we are able to break through this level then we will surely meet resistance at $55.84 but it is not likely that will...
As predicted yesterday, $1341 was too heavy for Ethereum and it retraced back to support at $1288. Red triangles on the KRI confirmed that resistance at $1341 was prohibitive and we fell back to safer levels, confirming the range Ethereu has held for past month or so (aside from that dip to the $1100). The Kovach OBV is pretty flat, suggesting that we need more...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Litecoin /LTCUSDT is an altcoin that I am optimistically bullish on. The reason? Unlike most other coins, LTC is still...
Litecoin rallied meagerly with the rest of the crypto market. We were able to pivot off $50.64, the very last technical level of the $50 handle, and test $51.92. However, we are currently meeting resistance there, confirmed by red triangles on the KRI. If we are able to break out, there is a wide vacuum zone to the next target of $55.84. The Kovach OBV is...