I'll follow up in the future with another publication to try to determine WHERE we may be going over the next 30 to 45 days as we fall down to test support. I'm currently estimating around $37 to $38 range but let's not write that in stone just yet.
There is some development in cryptocurrency space and I want to bring this out before it gets too late as there are several red flags in both Bitcoin and Litecoin chart.
Looking at 1 hour chart for Bitcoin first, we can see that $4000 was tested once again, but it fails to reach higher high ($4060). I drew blue box in the chart, because I feel...
Litecoin has been going up since mid december and boy am I glad I did not buy! I have been telling people to stay away and look at other markets.
Crypto is most likely either dead and going to continue slowly going down as dumb money holds on their bags, or even if it were to bottom, it would be dead for years before going anywhere (slowly).
"Oh but you missed...
Gunbot Backtesting Gain-Gain strategy on USDT LTC
What's This ?
This is a Backtesting result for the Gunbot Gain-Gain Strategy (plus additional custom confirming indicators)
Coin-pair : USDT-LTC
Exchange : Binance
Gunbot Strategy : Gain-Gain
Estimated Profitability (Buy+Sell) : ~ 14%
I know... After looking at the prices, this looks retarded af tbh, but never underestimate the retard-strength alts can gather during a BTC bull run. The other reasonable case her would be eeking up to somewhere between $200-$240 and taking off to retest like $100 or something ridiculous. Either way, if that top target hits, none of that will matter unless you got...
Simply posting a publication for LTCUSDT to EMPHASIZE this is NOT "moon." Those who assume this will be sadly mistaken. If I'm wrong, I will certainly swallow my pride. Of course, it's your money and therefore YOUR decision what you do with your money. I'm simply providing OPINION.
Will this continue a little higher? Sure, very possible... Is it worth it to...
LTCUSD looks to be testing the 200 Day EMA for the first time in 291 days. Given that LTCUSD has been on a 50% bull run with little to no retracement makes me believe we might see a rejection, with a small correction following.
Elliot wave is showing that we are completing our 5th way on a 1 day chart.
I have also shown a bearish divergence forming, which...
Hi guys all indication pointing to strong trend starting on Litecoin, we spotted two bullish patterns and at same time potential reversal patterns.
Looking on the chart we have inverse head and shoulder where both shoulders had been achieved and we also have Ascending triangle pattern which is getting nearing to breakout zone.
Follow the suggested buy zone from...
This was a brief (10 minute) video to point out what we see in the near, medium and long term for LTCUSDT. The Near (short) term does look like more downward pressure to me. I'm posting another chart for the 12h to point out the Phoneix TSI Short Cycle indicates downward pressure is likely to commence soon but not guaranteed. As for Medium Term;...