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LTC broke descending triangle on logarithmic daily, current testing 50 MA (62$area) if can break above this is clear indication of a break out
TARGETS 71 -110-190
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
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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 -7.44% ...
lt Coin Analysis - Points out of 10
Date : Since 2013 ( 9 / 10 )
Volume 24 H : 42000 BTC ( 9 / 10 )
Available Markets* ( 10 / 10 )
Social Media Rate ( 6 / 10 )
Ranks **7 ( 9 / 10 )
Website ( 6 / 10 )
Type Cryptocurrency ( Silver Bitcoin )
Overall ( 8 /10 )
Charlie Lee said on Dec 17, 2017 at 2.51 pm : Ok, sorry to spoil the party, but I need to reign ...
1. Every wedge fractal has resulted in a huge price jump.
2. Let's see if we can get some volume and break out from this fractal.
3. Bullish divergence at the end of each fractal (yellow lines)
4. Ben Trend Indicator is bullish
Of course we will not forget about litecoin!
Just sharing my vision, i do not know how he will go to this goal, but he will go there.
ITS NOT financial advice!
12hr swingtrade. Follow the rules IH&S 12hr.
Litecoin has a very strong potential bottoming structure after being extremely weak since back in Spring and relying on Bitcoin for the short term gains.
Will it kick off the alt season like the previous one? Very likely, imo.
Text doesnt show up... Alternative count in case this is just a rally before making new lows.
"Litecoin does look quite good from a long term standpoint, but with Bitcoin hovering near 6000, I would be wary longing. Litecoin may pop off in a black swan event similar to XRP and DOGE, so you may buy the breakout. "
That was my comment from the last Bitcoin idea. Now I am long LTC and up over 4%. I have bought more LTC 9550.
I expect this rally to go 20% ...
Buy : 8900
Flash Sell : 9200
Short Sell : 9400
Long Sell : 9600-9800-10000-10200-10400
Stop : 8200
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Looks okay, small long position on support.
Look @ it!! I want to HODL this long term (minus a few swing trades here and there). Short term target of .01 (HODL) Long term target of .02
Stoploss 53.7$ (-2.36%)
Target 66.5$ (+20.91%)
Risk Reward 8.85
Disclaimer, my post are my own ideas, not financial advice.
Descending triangle and 4h MACD closing in.
Alts are bottoming out and ready for the next cycle,
patterns and indicators are narrowing so a big move/decision will happen soon (August), preferably upwards;)
Buy: ~0.935 (33.3%)
SL: Below 0.82
Lookout for this bounce, and set your stops below the current lows.
This might be your last chance to sell before a multi year accumulation.
Remember, it's always better to enter a new trade with a clear head.
Trade smart & make some money!
Hellooo ... Long time no see! Well after Charlie Lee's tweet LTC / BTC stayed slightly supressed. Now we have a bullish divergence on the 4 hour. I do admit I'm the weirdo who only had LTC and no BTC, but looking at the chart it's not the right time to trade... When LTC hits the top of the 4 hour I will experiment with some trades to BTC! This way we help the BTC ...