As prices have achieved new highs we have the grounds to declare a possible intermediate top. Divergences continue on RSI and EWO - note the clear divs between 3 of (3) and 5 of (3), and again between (3) of 3 circle and (5) of 3 circle. Change in direction of volume adds evidence to intermediate top as we see volume increase through (3) and steadily decline as...
If SW of LTC is active, we might have a push up towards RMB 100, but at this price we will have a GREAT resistance, and we need to be very careful about the retracement coming next, if it's going too deep and fail to pass RMB 100 again, this mega wave will be OVER. Good luck!
This is just my TA on STR. I will be posting updates. If you want to read about fundamentals and a better TA analysis than mine, please check out @Intuit chart. He has a better explanation than anything I could have come up with. Although his TA might be better than mine, he doesn't have a clog shaped resistance-support. Good luck! Disclaimer: As usual, this...
Continued divergence on RSI and additional divergence forming on EWO signaling the end of wave. Look for downward break of wedge for confirmation. Box highlights possible price targets. May go lower based on extreme price action of late.
From the bottom BTCE:LTCBTC going to test strong levels. Will see what comes next!
Based on the size and strength of recent price movement it seems that we have completed a wave three of some degree. Additionally, a bear divergence has formed on the RSI signaling the end of a move; the width of the EWO tells us it was most likely a three. Here it has been labeled using (3). Price requirements for (4) have been met, but there is a good chance to...
Took me by surprise and can't believe I had already charted it. Didn't trade it cause of following up on Bitcoin, Ethereum and Monero. Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.
LTC has been a weird one chart wise up through this time. Bollinger Band analysis seems to provide the clearest insight into a potential pop. Note: Head fake - Bearish candles hit bottom BB and found support to bounce from (Pink Box) BBW is at a lower extreme (Blue Box) - the tightening of the bands should open up and give way to upward movement Look for...
I don't know when it will rise up, but technically it could have a great possibility, maybe it's a little bit difficult for LTC runs independently from BTC, but we will see.
Hi! I would like to share my thoughts about LTCBTC ratio. As we can saw in 2016 LTCBTC ration broked two major historical support level at 0,0078-0,0085btc and 0,0053-0,006btc. And it did this with low trading volume without any resistance by bulls. At the end of the 2016 this crash was slowed by promise of fast segwit activation. But soon became clear that these...
Hi All! This is a trade I feel very confident about. Entry: 0.00425 1st Target: 0.00460 2nd Target: wait for next idea -> long-term uptrend very probable. Stop-loss: 0.004 Litecoin has a huge future ahead. Primarily because LTC will get SegWit, Bitcoin never will. LTC will benefit from this, some of bitcoin core developers will move to LTC development and...
Breakout confirmed nicely, lets see what's coming but I think an easy 50% gain is possible
M top forming, correction in progress before another move up this fractal has been seen a lot in bitcoin
We are seeing a bit of bullish momentum in LTC today. Right now the weekly StochRSI is at the floor, the weekly BBs are tight, and price is coiled nicely at the tip of a triangle. Combine this with a Supermoon, and we could have a big move in store (If you believe in that kind stuff). Since I am inherently bullish by nature, I am long. In any case, regardless of...
LTCBTC ratio has taken quite a beating over the last few weeks. However, with a little bit of patience we may be in for a bullish surprise.
These instruments seem to be synchronized, and soon to end a retracement rally. In the case of ETH, which has been underperforming everything due to fundamentals (problems in the code of a sub-proyect), there's potential for a big correction, but only if we cross the key levels on chart in time. If the targets aren't met on time, a contrary move might start, so...