If the price can stay above the support formed by 45.00$ and SMA200, the market will be able to move upward. The breakout above 50.00$ resistance and SMA20 will confirm the strength of the buyers. It will give a new trade opportunity with stop orders below SMA200 and the profit target at 65.00$ resistance zone.
If the buyers can't push the price upward, we...
LTCUSD - It is within B wave triangle of Y wave in WXY correction from major swing top as shown in the chart. So wait for one more bounce to finish to e wave of triangle, thereafter dump it down for C of Y wave. The invalidation level of the triangle is 51.40, which should the stop loss for the pattern.
Drop a like if this helps you out, its free! :)
Range trading is one of my favourite trading strategies at the moment. It is highly profitable, highly rewarding and a good way to learn the markets. As you can see when a crypto enters a range like this one there are multiple opportunities to short the top and long the bottom of the range (yellow lines) for some...
::15 DAYS OF ACCUMULATION
:: LTC IS AN OUTSIDER THAT SHOULD'VE SHOW MUCH MORE GAINS EARLIER
:: $45-47 IS A CONFIRMED SUPPORT ZONE
:: I EXPECT AN EXPLOSIVE MOVE OUT OF THIS TRIANGLE
:: IT MIGHT GO DOWN, BUT I PREFER TO GO LONG AS SOON AS IT BREAKS $49 LEVEL
For long term, Litecoin is still in the accumulation zone!!! That is a big earning for long-term. It's the 3 daily chart
Now, in the Daily timeframe an chart, we see that Litecoin is forme an ascendent triangle, that is a bullish pattern.
Also, this key support line make a lower...
Hi my friends,
Welcome to this analysis where we are looking at LTCUSD 1-hour timeframe perspective, the recent events, the current formational structure, what we can expect the next times and how possible sudden outcomes can look like. Litecoin compared to other cryptocurrencies is currently one of the weaker pairs as many others making higher highs while...
Apologies for a late post, our family is going through challenging times, my grandma was hospitalized in late August and its terminal. 2020 does suck and it is not even over.
Alright then, back to CRYPTO: We have to look at our AUGUST to see what is happening.
Firstly, I would like to apologize for being MIA during the bull run and today's drop. I have been on vacation and hanging out at a hot springs for Thanksgiving holidays.I have however been in touch with my private telegram group and we have been predicting and talking about this drop for a while. I made the most returns in the past 5 days than I did the past 1.5...
Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
LTCUSD H2: SWING: 15%/20% correction/SHORT...