- Trading Litecoin is like going to hospital and be connected to an oscilloscope. - Some traders in cryptos consider BTC as Gold and LTC as Silver. - LTC halving always happens before BTC Halving. - That's the main reason of some of the soft LTC "MiniPumps" before the real BTC Rush. - Everything is in graph. - Will story repeats again ? Happy Tr4Ding !
Starting a very strong bullish NEW Cicle
I know everyone can guess this completion of large cup pattern. But we may have another chance for buy opportunity before LTC goes up to its ATH. Long-term target may be Fib 1.618 level, but we should see $365-370 ATH resistance levels first.
Trade Setup summary: Profit targets=69525 pip (690+ 1230+ 1960+ 3060+ 4085 + 6070+ 7505+ 10280+ 15280+ 19365) Stop Loss =6310 pip Reward/Risk > 11: 1 Current Status: Total Profit: 7508 pip Closed trade(s): 1172 pip Profit Open trade(s): 6336 pip Profit Trade Setup: We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry...
Trade Setup summary: Profit targets=69525 pip (690+ 1230+ 1960+ 3060+ 4085 + 6070+ 7505+ 10280+ 15280+ 19365) Stop Loss =6310 pip Reward/Risk > 11: 1 Current Status: Total Profit: 7508 pip Closed trade(s): 1172 pip Profit Open trade(s): 6336 pip Profit Trade Setup: We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry...
If you remember the recent crash, you would also remember that Litecoin was one of the main "Large-cap Altcoin" to bounce very strongly. Ever since then it has been rather laggard. At the moment we have an interesting situation with LTC and it presents a trade. We are currently moving inside an ascending triangle on the Daily Chart which I expect to play out in...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (52.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Litecoin/US Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (52.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Litecoin/US Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
Long1: $55 Long2: $61 Stop: $52
Price Target: B - D line (Approx $73) Stop: Below the A - C - E line (Approx $42) "Key aspects of the Broadening Bottom Pattern: Points A, C and E should all be successively lower. That is to say, point C should be lower than point A, and point E should be lower than point C. Point D should be higher than point B. After the final decline (marked by point E) look...
Higher Low on Price Chart, Lower Low on Indicator.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . LTCUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Wait for pre-halving FOMO and dump. Targets - 127, 154, 194, 225. Waiting for a most good price 40-30 days before Halving. Good Luck.
Midterm forecast: While the price is above the support 30.05, beginning of uptrend is expected. We make sure when the resistance at 74.35 breaks. If the support at 30.05 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is above...
Midterm forecast: While the price is above the support 22.45, beginning of uptrend is expected. We make sure when the resistance at 74.35 breaks. If the support at 22.45 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI support #1 at 44 is not broken, the probability of price decrease would be too...
Technical analysis: . LITECOIN/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . LITECOIN/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...