Look like somebody wants to push the price down.
Volumes show to us a few impulses but whey was bought by bulls.
The Support Zone can hold falling but if it will be broken and H4 candle will close below we should look for Sell entry.
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we completed two targets on the upward wave. now the price is close to the resistance trendline of the descending channel and we can take a long position only if price makes a breakout.
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This is likely the last bout of downward pressure before we begin to go up exponentially in the month of March, 2020. It's POSSIBLE they could take it up a bit first (bull trap) just before slamming it down between $60.00 and $66.00. This coming "estimated" move down is NOT GUARANTEED. This is only my opinion based on my...
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The price fixed on the support trendline of the ascending channel. Huge wick on the bullish candle signals there is a strong support zone underneath.
Scenario is playing
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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.
My first analysis as a kid. Small, but it might be time to buy LTC short-term soon. Any advice I will gladly take. Looks to be that support line rises by a few points but points will go down per share.
- Long 15X LTC
- Buy up to $82.00
- Exit = 2 closes below weekly 21 ema
- Initial target = $100
- Will look to sell a portion of the position when possible to make this a riskless trade (will consider this at 33% gain)
- Bullish moving average cross over
- Bullish MACD cross over is occurring
- Trend has shifted to...