Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Litecoin has found support at $169, a technical level. The Kovach OBV and Chande were both very oversold last night and we saw a green triangle here at this level which provided an excellent signal to enter a long trade, at least for a quick scalp. This may just be a brief pullback into an overall bear trend however, so be careful. The Kovach OBV is still...
LTC is currently seeing a decrease in the large transaction from the last one month.These effect on large transaction on Litecoin could be temporary and it can reverse its position soon.There is a 120% decrease in the large transaction on LTC.
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Late last night (UTC-6) we saw the 20-50-100-200 EMAs begin to cross into bullish territory, starting with the 1 minute timeframe and followed by the 5 minute. On the 15, the 20 EMA has crossed the 50. Keep in mind that the daily timeframe has remained overall bullish in regards to these indicators since November, with a convergence beginning after the peak of...
I have been pretty successful trading this ticker lately. This is the same fractal just shortened time in consolidation. "if" this scenario plays out we see Litecoin to $280. Break the swing low and this idea gets invalidated.
Thanks for looking.
Here is an inverse head and shoulder pattern confirming a short dip to $150, then a pump to $240.
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ON THE I5MINUTES TIME FRAME A SELLING CLIMAX WAS OBSERVED WHICH WAS FOLLOWED BY A BREIF PHASE A.
PHASE B: DEMAND OVERCAME SUPPLY AS WAS REMAINED IN THE UPPER HALF OF THE TRADING RANGE
PHASE C: THIS WAS OBSERVED AFTER PRICE FELL FROM AN OVERBOUGHT CONDITION BUT A CHANGE WAS SEEN AS SELLERS FAILED TO ESTABLISH THEMSLVES INDICATING THE LACK OF INTRREST FOR SELLERS TO...
Ever since LTC broke its 3yr triangle (which was 2cycles ago ATH) it has been defeating each fib level to get to last cycles ath. LTC is now entering the final resistance levels toward that $400 ath level and enter into new price discovery. Still a long way to go over the next two months, but LTC just solidified support from last cycles 3x fib that corresponds to...