On the 8 hour chart LTC is facing the 50MA (pink), prior Fib's .5 (yellow), current Fib's .382 and a month long upper channel line (green). LTC could overcome it, it could also pull back to the .236. Bulls appear to be in control for the moment but as we know the bears are capable of taking it right back. If LTC breaks up, target is the current Fib's .5 with...
After the bull flag there is a reversal trend. We already overcame the next fibonacci level and bounced at it (around the $169 area) giving the first indication that the orange fibonacci level became an important resistance zone .
The RSI is high but yet not oversold and the horizontal black lines show a heavy resistance level where I expect a bounce. At that...
After the bull flag there is a reversal trend. We already overcame the next fibonacci level and bounced at it (around the $169 area) giving the first indication that the orange fibonacci level became an important resistance zone.
The RSI is high but yet not oversold and the horizontal black lines show a heavy resistance level where I expect a bounce. At that...
The coin moves along with the market, now we see a technical breakdown of a downtrend.
This is a good signal.
We can count on the continuation of the uptrend
sEÑORES aCTUALIZANDO MIS POSIBLES ECENARIOS!!! NECESITAMOS FUERZA PARA QUE LTC ROMPA EN 170 PARA QUE SE ROMPA DE LO CONTRARIO CREO QUE BAJARA DE NUEVO A 140.
Deja este analisis con la teoría de eliot!!!! algunos puntos no están tan exactos para que se vea la letra!!!! Esperemos que estemos en un cambio de tendencia Saludos!!!!!!
Hello... My Favorite Setup of crypto.
--> Bullish
--> complete cycle
--> complete 3 wave pullback
--> im working with ending wedge
--> supply level
--> divegence
--> what u need ? :)
This idea is valid if and only if these conditions are satisfied:
1. BTC completes its violent correction soon and finds support above $7,700
2. LTC holds the blue support (downward channel since all time high)
We will see much higher levels in 2018 if:
a. LTC is listed on Gemini exchange which implies CBOE futures contracts
b. Mass adoption of LTC as a...
