MartyBoots here. I have been trading for 14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market is here right now
LTC Is Very Bullish right now and will should move a lot higher
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading and show you how to trade the markets or give you alerts
📍 LTC Market Commentary 2020.10.22
A good time to update the chart here, after exactly a month we managed to complete the retrace from +/- 42 to +/- 53 without much stress. For those tracking this leg higher, a quick recap of the previous swing:
So what are we...
📌 The strength of the downtrend is founded in the fact that this is moving as collateral with the end of cycle flows.
In this position Litecoin is the 'lone tree' blowing in whichever direction the wind is facing. After a mutual exchange of the passed resistance in...
-Litecoin is about to retest the key support around 4450 sat
-For some reason, LTC failed to continue its potential uptrend recently
-It is too early to say for trend reversal if LTC bounces strongly at a key area
-But the 4450 sat range is a good trading opportunity for Buy entries
-Keep an eye of this level, once a reversal sign is seen
-Take the shot...
- Litecoin could easily see minimum $1000 in the next 4 years
- The future support will $370-420
- Litecoin will shoot up up any time soon, once it does, it will not see 40s and 50s again for accumlation
- Lowest line once broken, will at least hit the 3rd line from top
- If Litecoin moons today and hits target line, then its $700, but this wont happen today, so...
Monthly chart for LTCUSD is giving a doji green transition and currently testing a major breakout level.
The ema dots have also been green the last 2 months.
Also we are currently compressing in a wedge pattern.
Good volume above $60 should result in a nice size run.
-forming a potential double bottom reversal
-testing the top resistance of the box
-holding strong above 20ma>50ma
-if we see a break and closed above the resist
-buy orders are the perfect position to open
-upside target is the recent top at 6000
-key stoploss is low at 4600
The price of LTCEUR has been fluctuating since 25 April between the 50 and 100 EMA on 1 day chart as support and resistance levels, with few false breakouts. These are strong levels on high durations like 1 day. Let’s keep watching any possible confirmed breakout downtrend or uptrend. I’m not giving any bullish or bearish analysis here, just stating my personal...