Hello lads and Ladies,
Today we are looking into Litecoin. We see very clearly an end of the long downward trend forming a very nice triangle. This would normally indicate a very soon breakout. RSI its also on a healthy rise upwards.
ANYHOW, there is a possibility that we will see a short term break down from the recent support line. We have seen this already a...
Hello Traders,
In the top 10 most liquid coins, none is under-valued than Litecoin. It lags in MoM growth and that is why it needs to expand in valuation for it to catch up. Technically, there is no better time to buy Litecoin. In the 4HR chart we have a stochastic buy signal which is perfectly in sync with that of the weekly chart whose prices are oscillating...
So the one of the last 4h candles FINALLY closed above the 50 EMA. Prior to that it kept getting pushed below it like a a bully to a kid on the playground. The following 4h candle opened and stayed above the 50 EMA too, so that's great.
We have stayed in a tightening range which is pushing back against the resistance hard, bulls are starting to wake up. We have a...
The chart doesn't need a lot of explaining, just lines mostly. Nearing overhead resistance, which is a parallel horizontal channel formed from the last weeks. LTC has been holding its own against BTC, though I want both to succeed, LTC is still highly undervalued. Please add comments and constructive criticisms of my analyses, it would be greatly...
