Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for LITECOIN, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
In this video, I explore possible support levels if BTC takes a nosedive and LTC follows suit.
I also explore the LTF range we're in and key levels I'm keeping my eye on.
DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax...
what is the next move for litecoin ?!
multi-timeframe analysis -- the complete analysis for litecoin
that shows you the historical levels that we must respect
searching for the best opportunities with the lowest risk
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.
Quick update on LTC. Haven't talked about this in a lonnnnng time haha. This is an idea, not a setup. The difference should be known. we do not have enough information to make an educated guess/decision. We are waiting t see what the chart tells us in the coming weeks to start to create a more rational setup.
1) Key support level tested twice
2) Use of 50 MA to identify short term trends
3) Use of Moneyflow and other indicators to prepare for the next move.
4) When to trade and what can you expect.
Confluences supported by Indicators
1) Money Flow Index is in Bearish territory on 1hr, 15 and 5 mins Timeframes
2) SSL turning red
3) Flat movement most of the day
4) On 5/15 min Minute timeframeTrigger - Wait for Red dot on Cipher when Blue waves cross each other
5) Check that bars are in Red indicating bearish movement
6) Short with 3 ATR as moving Trailing...
a small morning speak on
1) Price action
2) Use of indicators like Money flow, SSL hybrid and Market Cipher for identifying trend entry
3) Use of ATR to help with Stoploss
Used LTC - USD as an example to indicate what to watch out for and how to use these indicators to figure out the price action and take trade.
No strategy is perfect. This is something i...