Usually big movement start when MACD crossing up zero line. BTC always test EMA 150(blue line) or EMA200(white line) after that Mooning ^^ , so lets wait for it or we can do some counter-trend trade!
Almost all-in on this bet. 90% of my net worth is currently in a 20x short litecoin position (includes extra margin to move the margin call down). Originally opened this position at $10,98 and kept adding to it the more hopeless and manipulative Litecoin became. My average open is at $10,15, so I am currently already in massive profit. However, I expect this to...
Wait for MACD line do bullish divergence or crossing up zero line and buy. Simple and useful.
Litecoin is one of the most manipulated coins, it goes as far as the creator shilling on twitter, spreading false bullish sentiment, to make sure the price doesn't go up further, or doesn't crash further. For a long time, until this very day, miners are insta-selling for BTC, which has kept LTC at a low price. However, the Chinese exchanges are heavily...
Some idea, I'm not professional trader, just show you my MACD strategy system. Lets just wait what will happen.
This is starting to look like one massive falling wedge, for which Bitcoin is famous for. Although it is a bullish pattern, the last one we found ourselves in during the summer of 2015, failed miserably (with a Bitfinex stop run below $200). This time around I tend to be an optimist, expecting a great buying opportunity between $300 - $320. Of course I assume...