LTC correction to ~$120LTC looks to be correcting back down to the trend line that began when the bulls took over a couple of months ago. It broke down through the aggressive trend that ended at the $144-ish mark. I think a good buy level would be at this $120 range and then I would imagine a large run up to around $150 - $175 would begin until a few days before the halving and then a dip again.
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LTC free 25% LTC is drawing triangle, that we will break down as always and will bounce back up from trend line as always as well. Market maker didnt create anyhting new for us and again showing his generosity. Safe entering will be on fibo levels that I marked on my chart and safe sell will be under global 0.6 fibo. Good luck guys! Dont forget to press like if you will get this free 25-26% from SonicTrade! :-)
LTC; steep downtrend golden pocket provides the long opportunityLTC is currently in a steep downtrend on the ltf chart. Expect price to stall in the golden pocket and bounce towards target.
ltc retrace or break through 120 resistance?!?!ltc looking super healthy as is...retesting the 120 resistance area yet again and getting ready to make a move to the upside. will the bulls pull through and push to the 127 resistance level? who knows! a small position is held in case there is a break to the upside but i am holding mostly cash in anticipation of a pullback to the low 100s. let me know what you think
LTC- triangle in congestion zoneLTC is looking bearish toward the apex of a symmetrical triangle. (On the 4 hour time frame) Usually lower timeframe triangles are less reliable but they can still lead to a move. Maybe of a few %.
Here's what I see happening.
As always let me add my disclaimer. I'm a non professional speculator sharing my trades and analysis for my own trading improvement. These posts are just an exercise in trying to better understand the market and work toward more profitable trading.
They shouldn't be interpreted as investment or trading advice but are rather simply my interpretation of the market at a given time.
LTC fighting strong into the bull zone!!! LTC is really strong lately, with heavy breakout following EXACTLY the ascending canal for months now. !!!
The RSI stoch are entering the 80+ area:
"Signal de sur achat ou de sur vente : quand le Stochastic RSI est au dessus de 0.80, alors la valeur est considérée comme sur achetée et une correction à la baisse pourrait intervenir dans le futur proche."
+
"si le Stochastic RSI est en baisse et franchit le niveau 0.80 tandis que le cours de clôture est en hausse, alors cette divergence peut être interprétée comme un signal de vente."
www.axialfinance.com
2 scenarios:
a) we break higher with a lot of volume, if BTC keeps pumping/ranging and bring back some FOMO
b) the main resistance at 105e doesn't break yet, and we retest the 80e support where I'll put some buy orders with pleasure. IMHO bullish here, even though a possible bull trap with BTC could hurt I really don't see us bellow 65e/70e for 2019.
So I advise you to sell with those targets: 100e, 115e, 125e.