Wow... I hope everyone is seeing this. Remember, the longer the timeframe, the more significant the data is on the chart. This bullish CCI Divergence on D6 shows the second half of the right shoulder starting to form. From this point foward, Litecoin will skyrocket to the NECKLINE which is at about $192.
Litecoin smoothly slides down. Litecoin buyers try to keep its rate near a zone of $ 120 - $ 116. But, we follow the trend, so we are on the side of the bears for now. Priority of the day: sell LTCUSD with a target of $ 112. Litecoin may be corrected to the zone: $ 132 - $ 128. We will wait for the best price for a short Litecoin deal, following the trading...
Market makers are trying as hard as they can to break the support and the weak hands here. I thing it's the last attempt before the next run up in August. Strong multiple long time supports are in play. Stop loss bellow red line. GLTA.
Today I take a small detour off of my Usual path of BTC analysis to take a look at Litecoin. To make it short and sweet I think Litecoin is in serious trouble, it touched R1 on the yearly pivot (a little over 320usd) , was then rejected and tried to consolidate around the yearly pivot (roughly 200usd) but was eventually rejected there as well. Since these two...
Last time I tried to play with the break-out of Cup-Handle pattern, but it ended up with hitting the stop-loss. We experienced deep correction all the way from $183 to $132. However, we saw LTC found $130 as a really strong support. It is a good sign we can still try to find the bullish signal and set up our buy position. Let's look at the daily chart. If we look...
In my previous chart I made a bold statement that it would not drop below 115. It dropped to 115.11. We are currently playing around a key launch area around the low 120's. There are some price points we have to meet in order for the 115 call to be validated. LTC has to push past 133 and then march up 140 and close bullish. If it does not do this then, I firmly...
We closed today transaction 000003 (ETH/USD) with profit. Transaction: 000003 Trading pair: ETH/USD Open since: 18 April 2018 Max Investment Capital: $ 1000 Max DCA-buy: 5 times Entry: $ 200 ( 20 % ) ETH amount: 0.38834951 ETH average price: $ 515 Total cost: $ 200 DCA-buy: 0 CLOSE Signal date: 25 May 2018 Signal for ETH: SELL (ClOSE Transaction) ETH amount:...
Litecoin is still in the flat. Buyers of Litecoin do not hand over the positions near level of $ 118, and sellers can be activated near a zone: $ 128 - $ 125. Priority of the day: neutral position on LTCUSD. Litecoin will follow Bitcoin. Today it is difficult to determine the direction of trade, because the flat is around for the whole day. Projected scenarios:...
In last review we asked ourselves a question “Will the growth be or not?”. The market gave the following answer to that question: the growth did not resume. Moreover, the decrease continued and has already exceeded 60 % of the previous rise of $ 105 - $ 180. Thus, we can now confidently say that the breakout of declining low-moving average was unsuccessful. The...
What if the too massive spikes we had were just bull traps and takeouts? If we look past those spikes we see a great bull trend channel. Looks like a double bottom is still needed. Im thinking a double bottom at about 110-113 before we start moving up again. Not trading advice DYOR
MAID has just reached predicted hourly resistance if it closes over this zone will be a signal for further strength after correction movement down
I added extra support and resistance lines with fibonacci support and resistance lines. If price under the line, line will be resistance If price up to line, line will be support. These lines are also possible return locations. It is just for information purposes only, not an investment recommendation.
This BULLISH CCI DIVERGENCE ON THE D6 CHART is very significant due to the very long time frame. I hope everyone in here agrees with me on this phenomenon. WE ARE GOING UP!!
According to market cycles we are almost ready to the next moon run. Right now we are looking at 5th eliot wave of correction. After that we will see accumulation period and a crazy bull run. Good lack, hope you were shorted previouse bull trap:) Best wishes, Your Ybeh.
3D chart shows a bit of optimism for LTC from my perspective. Please do your own research, this is not financial advice. Comment and like if you'd like to see updates and hear some thoughts on it.