Especially, with what I'm seeing with my Phoenix TSI Short Cycle and Long Cycle indicators in the 4-Day and Weekly time frames; we certainly look like we could pump soon. Yes, there is a chance for one more small dip (shakeout) before lift-off. Other than that, I really don't see anything in the indicators signalling any kind of lengthy bear market any time soon.
Litecoin has lately made a significant bullish move. It also made the RSI overbought, which is for us a signal that a bearish correction is coming soon. The bullish move can be subdivided in the five wave Elliot structure. As it has completed we are expecting a correction. That are two technical sings that a bearish correction is coming. We do not trade...
This seems to be forming a head and shoulders pattern. It would be smart to wait on this and then short for some good gains.On my last post I was looking at a long position and I was right on the money! Now we are still waiting for this to hit the TP to then take the short position.Shorting around 92.000 would be a good idea.
Quote: “The goal of a successful...
A typical wave 3, wave 5 seem evident with small correction to follow..... Made a higher high on lower volume, lower rsi, lower price oscillator. Is it headed lower for a correction?
First things first. I do not care what you think mr London555 or whatever your name is. So don't bother. Same for your sock puppet account.
This is just a possibility based on what is in the charts and what is "in the air tonight".
LTCUSD has dropped and appears to have caught some support as it has made a higher low. The chart tells you what we need to close above and what to expect. Im not personally in an LTCUSD trade but it looks like it wants to test the high for now. Not financial advice. Trade safe.
Our previous analysis still remains as we have our EW count still very much valid and it looks very much like we have a valid handle channel formed and breakout from that on high volume. LTC continues to be very strong, despite the pullback which is necessary and healthy. The added impetus of a upcoming split can only add further strength. We remain extremely...
I'm not saying that litecoin can't go higher from here, but the signs are there for a reversal in the downward direction.
1. HMAs appear to want to test a cross, but still in an unfavorable position
2. RSI and price are showing us a divergence that would suggest down.
3. MACD already topped out and have started downward.
markets are heavily manipulated, so...
So Looks good for LTC, halvening in August if you aren't aware, so be prepared for a rise in price. I want y'all to take notice the 2 yellow circles showing higher highs and higher lows too. But do pay attention, cause an ABCD correction might be forming which is still good news!
Like and leave some of your thoughts! Happy tradings!
Since LTC did not manage to break ~$108 resistance it broke down and found support at ~$88. I expect a quick wick testing the $95 area again before plummeting down and touching the trendline for the third time. A little pullback higher can be expected from that point. Since there's actually no fundementals supporting this bullish momentum it will die as quick as...
Title says it all - Charlie sold at near ATH to "retail suckers" and took down all their money. See you at an eventual LTC $16. Do your own DD. #crypto #trading #fintech
The fifth largest cryptocurrency by market capitalization jumped to $107.71, the highest level since June 12, 2018, according to CoinDesk’s Litecoin Price Index.
The bullish move has stalled in the last few hours, though, with the price currently trading around $88.
Before we get started, lets smash this "thumbs-up" button, i would really appreciate it!...
The fifth largest cryptocurrency by market capitalization jumped to $107.71, the highest level since June 12, 2018, according to CoinDesk’s Litecoin Price Index.
The bullish move has stalled in the last few hours, though, with the price currently trading around $87.
Before we get started, lets smash this "thumbs-up" button ladies and gentlemen!
Litecoin ( LTC )...
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