Today I am looking at 21 weekly MA and 21 weekly EMA on the LTC/BTC chart. The last two times the 21 EMA crossed above the 21 MA, we bounced from the long term support and started a bullrun. The cross happened again a few weeks ago and it seems we bounced from support and are on track to make a move to the upper trendline, which acts as resistance. Depending on...
Chats talks by himself.
I really like how looks monthly and weekly chart.
Also, Daily looks if this week ends in these prices.
Waiting for at least TP1. After reached, evaluates according to market or set new stop losses
Potential bottoming fractal found.
Since it's more algorithmic trading than anything else, once we get a higher high on this, it should look quite similar, up to the #3.
The assumption is that more algorithms are programmed to buy when price goes through a previous resistance, because that is one of the most certain signs of a bull market - and thus, the...
Hi friends, I want to show a very strong bullish signal in Daily chart for Litecoin. I think you are familiar with such a definition as the Golden Cross.
Golden Cross - If a 50-day moving average crosses a 200-day moving average, this is a sign of an emerging bullish trend.
Many traders often use the intersection of moving averages (MA) in their practice as a...
Pattern: Channel Up on 1D.
Signal: Bullish as a Golden Cross took place and the sequence is similar to the one that led to the parabolic move of February - April 2019.
Target: 0.01200 (Lower High trend line).
Looking at the daily timeframe, with the two biggest used moving averages, 100ma and 200ma.
'golden cross' about to happen this next week, interesting to see what happens to price. Are we on the verge of altcoin season?
My current target is 0.009981
As always please do your own research, I am not a financial advisor.
Good day traders
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We got a SHORT signal on LTCBTC
Buy zone, Possible targets and Stop Loss are indicated on the chart
Here are links to the...
Priceline of Litecoin / Bitcoin cryptocurrency is forming a bullish Crab pattern soon it will be entered the potential reversal zone.
MACD and Stochastic are strong bearish.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.006255 to...
In this chart we're looking at LTCBTC on the 1D chart as price has consolidated into a rectangle. Price has broken through the horizontal boundary at 7799. A breakout will be confirmed once price prints a 1D candle above the 7916 price line. I love to see price consolidate right below the chart pattern boundary before breakout occurs. This gives a great area to...
This will be quick update on LTC.
Looking at Daily chart I noticed an expanding bottoming pattern on LTC chart which we had been seen in the past (highlighted in blue box and illustrated above in white).
We have seen LTC break out from this pattern and then fall back to retest the top trend line as a support. Once the support is confirmed LTC had a...
$LTC has been in a downward sloping channel for a couple of months, but looks on the verge of breaking out.
Furthermore, if it can reclaim the weekly S/R level, the bottom might be in on this one.
The ideal scenario would be a break out of the channel in the coming days and a retest of the weekly S/R level.
Litecoin crossed an importance resistance level and it would be an excellent opportunity for us to open long position if it does a pullback to the support zone . We would open long position with a really low risk and a excellent target.
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