This trade is pretty risky, because BTC dominance should go up, so it doesn´t really make sense to LONG altcoins right now, but this setup looks really good, with good stop loss and risk reward ratio. We hit the lowest point of strong support + we boumce from trendline + it looks like WXYXZ correction + LTC is the most bullish highcap, so yeah, LONG in the end...
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).
MS. Litecoin looking good!
* Golden cross on daily, big bullish signal!
* Price find good support on 200 EMA on daily frame
* If Litecoin breaks the next price resistance, there is space for a big upside move
* If we break this big consilidation fase i'm bullish on LTC as long it holds the golden cross on daily.
Let's see what happen next view days, o, forger to...
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...
LTC/BTC , formed a "W" pattern on the 4 h chart. This pattern is very bullish. A breakout could bring LTC/BTC to 0.0088/0.0090 sats.
Remember, Litcoin is a price leader, if LTC breaks out , most cryptos follow!
* NO financial advise
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