My indicator is showing a "strong buy approaching" signal on Litecoin's weekly chart.
The "support buy" is not based off the indicator. It's more of a level I may consider buying as a support level. It's a logical bounce spot if I were just using PA to chart.
The two lower levels are conditions set by the rules of my indicator. The 0.786 fib level is typically a...
LTC is currently difficult to evaluate. Many uncertainties about China. LTC is still quite popular in China. The effects of the end of the exchanges are still to be seen. I basically see a long-term goal of usd 120. The way up can go different steps. We can drop down to 40 and start then to the top or LTC goes now sideways and then up. A relative disappearance of...
#Litecoin is Back in #Accumulation Zone, I have been charting Major crypto for accumulation & I believe 2020 will be the year we will see some good action from #Crypto.
as you can see on the chart there are 2 possibilities, we are in process of building a Bearish BAT that should pump the price from the support level of 36-25$ all the way to...
Looking closely on the chart we can see a serious bounce off 78.6% fib level from the previous rally which pointed to likely bottom.
The drop took the form of falling wedge.
Considering the bounce off the potential reversal zone as immediate bottom for the coin, as a result of this, it will be smart to accumulate from this zone back upward.
From this whole...
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I'm going to show you my LTC trading plan in USDT . Soon the canal roof has changed. The chart is well explanatory and all possible action to do are well expressed.
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If you have any suggestions on...
Litecoin vs TetherUS (LTCUSDT) is looking super bullish and prices are now above EMA50 for the first time since July 2019. This is our first strong bullish signal.
On the chart above I mapped multiple targets and the potential profits if those are hit.
We start with 96%, then 198%, when we reach 365% that is basically a new ATH and finally $545 for...
hello again, this is my read to the 4 hour chart as you can see we are upwards trending on a paralleled channel which is a bearish pattern and usually breaks to the Downside. Definitely something to keep in mind! please let me know what you guys think about my analysis! and feel free to comment your opinion in the comments below.
I am not a financial adviser and...
hello everyone and welcome back! Just following up on my Litecoin LTC analysis and the picture still looks the same and the probability of LTCUSD going down is still higher than it going up. please take your time to look at my chart and let me know what you think about my analysis and also feel free to share your point of view in the comments below. CHEERS!
We trade globally within the rising channel
Candlelight appears bullish!
OdPodshenie to the level of resistance!
Accumulation of volumes!
The Fibo level is met with linear resistance.
This was a very important point: it gave us a signal of a reversal and support of the support level.
I advise the poet to wait for the resistance and Fibo level to break...