September is typically when smart big money investors and traders return from their summer vacation.
ltc is still a bit bearish but it is completely near the bottom...low leverage and spot traders should begin averaging down if i were you.
higher leveraged swing and day traders should open shorts below 47 til about 38 for profit taking!
im already in a 100x...
Reasons for open position:
- Price made pullback to broken trendline
- 91.50$ is strong level
Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it.
Also, you can ask me questions which you have in comments! Please no need to write them in PM, ask in...
but ya i purchased while drunk tonight so fuggit
btc is bout to dump btw
ps- im holding this long term.
pss- i'm an amateur who thinks for himself based on his own research.
listen to me you get rekt
LTC just experienced the Halving event. The current cycle is repeating methodically the 2015 sequence and so far we have reached the point where the 1D MA200 is supporting. This MA period previously held throughout 2015 - early 2017 up until Litecoin initiated its super strong rise to the mid $300s peak.
There is no reason to expect something different this time....
So obviously this is not a day trading looksy at where I believe Litecoin is headed seeing as i am on the WEEK chart here but, I think its safe to say that if we dont see a 4 digit priced litecoin in the next 20 months or so I will be taking a large poop in my pants.... lol. I would be incredibly surprised if Litecoin does not ease its way past previous highs...
Most of my calls are dead wrong, but this one feels different. Three point confirmation of downtrend RSI resistance. Unspectacular volume for 7x rise. Virtually no retest of downtrend price resistance. Virtually no consolidation during 2017 super-bubble. 1W MACD is starting to bend over. MACD of RSI has already crossed down. MACD of OBV is bending over. I...
LTCUSD In Daily Charts we see the ascending triangle pattern.
I think Taking entry now is Bid Risky But there is the best Risk to Reward setup 7% Riska and 27% Reward this is only for the Risk taker
First target at $ 101-second Target at $125.
For Non-Risk-taker wait for Market Break upside of Ascending triangle pattern. Target is $125 After Ascending triangle...
Hello, here is a config for my indicator Cyatophilum Bands Pro Trader V4
About the backtest below:
Short + Long Strategy
10% of 10 000% equity per trade. Net Profit can be increased with a bigger % of equity.
Strategy data from 2019/01/01 to 2019/05/01
Litecoin is having a major event in a few days known as "Halving".
How this works is that the rewards miners receive from mining Litecoin will be cut in half.
The hype is that Litecoin will go up due to this event, but we do not agree...
Based on experience, each time a halving event takes place the price tends to drop. So we are very likely to see LTCUSD...
Things are turning interesting here.
Decreased volatility for the last few days is an indication of volatile price change is in the near future.
We are more likely to have a rally, than a decline, as we are finishing what appears to be a micro 1-5,abc pattern.
If the price continue to stabilize, this will lead for the price action for Alt coins accumulation,...
Hello and welcome to my Trade Idea of the currency pair LTC/USD.
Let's start with the Top Down Analysis.
Monthly: On monthly we see its bearish.
Weekly: The last few weeks have been bearish but in the long run we are bullish in LTC/USD.
Daily: We see a pullback and look for a opportunity for a entry.
H4: We see a draw a trendline and our target is the...