It appears that LTC - ETH has formed a reversal on the weekly chart judging by the bearish pin bar and now a follow through. Expecting it to go down all the way to the long term trend line and the SMA 100. That would also form a bullish Gartley pattern.
LTC has been looking like there is a cup and handle pattern and has an objective of $180 which is 2x the current price. so if you invest $10K you will turn out with almost $20K which is pretty cool.
The handle looks like its rising which is a sign that we are almost here so buy in now!!
Anyway research this on your own time do not just jump in! dont take my advice...
A week ago, we examined the LTC chart and the downward falling wedge pattern we observed (medium.com). As of last night, LTC has broken through that $75 level and is trading a few dollars south of $75 this morning. All we see is ‘air’ down to $60, meaning that if a selloff precipitates throughout the...
Since the beginning of February, we have been watching the outperformance of LTC versus the remainder of the top cryptocurrencies. We have been eyeing some spreads and think this recent rally of LTC presents an opportunity to employ a mean reversion trading strategy. This kind of strategy involves making a bet that prices will return back to the historical...
As you see here we have been bouncing from EMA15 and also forming a bullish divergence on MACD
Trend based RSI level beneath EMA 15 can be used as stop loss while the target can be a double top . TRADE SAFE!
^^DYOR ** Its only meant for educational purposes.
Long ltceth. Looks like both times from black trendline at bottom, the bounces have produced similar strong moves. Also looks like a bull flag forming on top of the blue support line.
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The UFC 232 is about to start in L.A. - Jones Vs. Gustafsson and Amanda Nunes vs. Cris Cyborg, among other great fighter.
As someone who likes MMA, I am waiting for this second fight of Jones Vs. Gustafsson, also this is the last event of the year, and the UFC seems to concentrate efforts to promote more, just like they did in the UFC 200.
We might see the LTC...
While ETH is slowly waking up from it's slumber, LTC has been ahead and off the radar. TX is faster to send and then convert to it's big brother who is sleeping behind the wheel.
Alts may rally well before BTC due to manipulation...
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot...
We can see here on the 1 day chart of the ltc/eth pairing that we have a golden cross and an obvious cup and handle set up. Probability favors a bullish break upward above the rimline but you want to wait for 2 consecutive 1 day candles above the rimline to confirm the break because a fakeout is always a possibility even with a golden cross...if we break upward I...
. LITECOIN/ETHEREUM 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.
. The RSI is at 59.
. We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018
. There is a possibility of temporary...