LTCUSD is approaching our first resistance at 79.53 (horizontal overlap resistance, 23.6% Fibonacci retracement, short term ascending support-turned-resistance line) and a strong reaction might occur below this level, pushing price down to our major support at 72.40 (horizontal swing low support). A breakout below our intermediate support at 75.85 (horizontal...
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!
WELCOME TO DACAPITAL TRADING!!
LTCUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
Strong bullish impulses and Waves expecting bull run now!
Small retest of 91.180 KL and small reaction
BUY LTCUSD @ 86.580
SL @ 83.800 (3.2%)
Trendtrading without TP Level!!!
We´ll move our SL Level every Day and ride...
Today an update on LTC price action, a lot to talk about.
Let’s get straight in to this!
-So first of all I’d like to start with the support lines. We’ve created a very strong support line in the last couple of days at +/- 74. If we check the past, we’ve done that a couple of times before, The last times in March and April. We can see a similar...
Europe’s largest trader of ETFs, Flow Traders NV, is moving into cryptocurrencies. The Amsterdam-based speed trader is making markets in ETNs based on Bitcoin or Ether. This move follows the big five US speed traders that have been making markets in cryptocurrency futures or the underlying digital tokens. Flow Traders have been hedging their trades of crypto notes...
Today I’m back with some more ideas, let's get straight into this.
So the bearish trend is clearly not over yet. What are the most important things to look at + my orders.
So what is this graph telling us?
We can see that there is a strong support-line at 51 USD. That is our next stop if you ask me. Why?
- the volume is ridiculously low...
The chart should speak for itself. We previously had a complex correction, so should be getting a zig-zag correction now. The A-wave appears to have finished, after which we'll head for the area of $76.
Wave C should be reaching $80; this corresponds to a correction of nearly 78,6% retracement of the previous wave, over 100% extension of wave A, be near the...
Basically a repeat of Monday's fractal of this triangle. A lot of Bears could go hungry today.
This is the minority report. Check out my live stream at 8pm PT where I go in to more detail and will take questions/requests.
I decided I am going to do a more thorough update after looking at this a bit more. LTC looks scarily close to the other pattern is following this trendline. If it follows the same pattern that it did before it means we should have some more sideways movement before reaching the trendline. Both patterns look VERY similar and MACD and RSI. If these...
In general, we do not trade LTCUSD. I just want to take a look at the smaller chart timeframes to reply our crypto trading members.
A bullish flag formation on M30 chart. However, the price reached the supply zone as well.
We see the fractal line somewhere 98.50. If the price breaks above 98.50, LTCUSD may test 100.00, 101.53 and 103.13
If it fails to break...
Today a small update on the price-action of LTC. Let's get straight in to this !
So today we are seeing a relatively ‘big’ correction coming in. With the big players going down between the 5 and 12%. Let's just take a step back and try to look at the situation in a neutral point of view.
LTC is now down to 112 USD. They are back at the same level...