Watching Litecoin closely at this juncture. It could possibly move up/down so I have the following set-up:
Stop-loss: 0.012047 LTC/BTC
Exit: 0.17616 LTC/BTC
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The price forms a bearish divergence at the resistance zone between 0.015000 and 0.016000 levels. It gives a trend reversal signal. The market made a good upward movement and it should be corrected. RSI is at the overbought zone telling us that the market has more chances to move lower than to continue the upward run. MACD lines are going to support a downward...
Litecoin has been dominating the market lately and leading the altcoins to higher highs.
However, we are now at a very important resistance for Litecoin.
It is going to take a lot more volume to break the previous support level that has now flipped as resistance.
We are in a massive rising wedge with declining volume and bearish momentum is starting to take...
LTCBTC - Litecoin Halving Revised Chart - Top Reached at $60-64 Time for a Retrace?
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Since our last update, Litecoin broke the bearish H&S we had...
Litecoin showing great setup of Re-Accumulation (Bull-Flag) and you can find this chart easy to use on other assets where you can find Descending Wedges.
My previous Litecoin analysis was posted on January 23 2019, achieved about 45% profits so far, and still active...
I am looking at the Litecoin (LTCBTC) chart on the daily time frame and there seems to be something brewing up.
This signal can fail, but it looks like a strong move is on its way... If resistance can break.
- The black line on the chart is MA200. Notice how this line is coming down and now below LTCBTC's price.
- Recent break above EMA10 and trading above...
I am looking at Litecoin (LTCBTC) and the retrace from the last bullish wave might be completed.
After reaching a peak on the 6th January, Litecoin (LTCBTC) has been on a full retrace. On the way down, it has been breaking support after support until the price starting to flatten out.
Here are the different signals that are pointing to "support found" for...
We can see how LTCBTC moving in uptrend. We touch top 3 time - this is patter called triple top - reversal patter. Also we can interpreted like head and shoulders - reversal pattern. But we in bull trend and this formation we also can interpreted like a impulse - correction(in triangle or horizontal channel) - impulse . But I think first we will go the trend black...
This is the sum of some alcoins vs BTC paired.
On this chart I just noticed that we recently hit almost lowest levels for ETHBTC, XMRBTC,LTCBTC,NEOBTC,EOSBTC,IOTBTC,XRPBTC,ETCBTC
Also I can see Wyckoff Accumulation and if this is valid in crypto we are at the bottom of this painful correction, so we might see a bull run soon and if correction is...
Possible cup and handle forming.
Watching closely 0.0121 to see if there is another push to 0.0135 with possible wick to 0.01243.
Or will support fail and retest below 0.01
sidenote: the only tea I drink is a liquorice tea.
Let me start this with a question that every retail trader wants to know every day.
And it's one that, we all as traders, get asked most often.
-WHERE IS THE MARKET GOING?
In one form or another, we all here this asked about every coin, every commodity, every currency pair, etc.
To be successful over the long-term, you don't have to know where the market is...