Are you worried?
Price action pros and cons
Trading with in rising channel
Holding above 200sma
Holding above 50sma
Consolidating between $155 and $188\
Lack of strong selling pressure
Difficulty staying above the 20sma
Lack of strong buying pressure
Stoch and AO still have room to move on the downside
Alt coins considerable weaker...
I have come with new idea. This time it is with LTCUSD. I see good bull trend to be lead by LTC.
My Target is 136-148$ in next 1.5months.
Load LTC in this dip as much as you can. Enjoy.
Please thank me by liking and sharing if it helps.
in my opinion we will see another attemp to $100 soon. 0.618 fibo seems to hold like the blue trendline as also support at 73.645. always take a look at King BTC , the real market maker!
i'm not bullish yet, i think bears are still hungry for now but in the short term we could see some nice up movement.
have good trades to everyone
The 1d upward trend line has provided long-term support since the lows earlier this year, while the recent down-trend line since April's high's has acted as strong resistance. LTC tagged the 61.8 fib retracement and these trend lines converge this weekend for a potential breakout; the symmetrical triangle pattern suggests continuation of the uptrend to retest...
It is really hard to be inspired to a bullish argument when you look at the volume on the 4H chart. After 11 hours of trade on the daily; we are just 16.5% of the total volume of yesterday. Whoever slept in, they need to wake up and get back to their desk soon...
The 5m chart is at least trying to do something to make this exciting; we higher lows...
Let’s start with a quote from yesterday’s update:
it will be interesting to see how price reacts @ $80 over the next 24 hours.
Price essentially failed to break through the centre of the ranging channel; and with limited time to recover – demand dried up and pushed price lower. We can see that – like many other charts at the moment – volume was...
Litecoin is struggling to move higher on Wednesday, as the sixth largest cryptocurrency by market capitalization failed to rally alongside Bitcoin on Tuesday. The LTCUSD pair is still trapped within a bullish descending triangle pattern on the daily time frame. Overall, the LTCUSD pair still has a bullish weekly trading bias above the $65.00 level, which is the...
Check out my last LTC analysis' down below. My iH&S analysis NAILED it and we had a HUGE move.
If you are going to follow me, you should know at least one thing about how I trade or how I take positions. One of them being that I ladder in positions quite frequently and I will lay out how I do that.
our previous analysis' told the story of laddering from 60...
1- In Monthly & Weekly views, uptrend structures have NOT yet formed yet.
2- In Daily view, uptrend structure exsists.
3- Contra Fibonacci does not confirm the Daily C point; hence, this is a 50% probability trade.
4- Pay attention to the BTC trend, if BTC continues to rise, LTC may hit the target. See my BTC analysis, BTC forms is...
LTCBTC - Litecoin Halving Revised Chart - Top Reached at $60-64 Time for a Retrace?
Hi all, before we get started, like by hitting the button on the right and follow us to show us appreciation for the work and to receive further updates on Litecoin throughout the road towards the halving!
Since our last update, Litecoin broke the bearish H&S we had...