LTCUSDT is testing the previous weekly support after a rejection from higher trendline (ascending channel) IF the price will have a breakout from daily resistance, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
hello BIG traders hope U doing well . as you see litecoin has reacted to this channel several times and right Now the price is reaching the bottom of the channel , I think Its a good Buying opportunity .
Due to latest analysis, it made a upward movement because of breaking the contracting triangle roof.
In a larger view, I think it's within a upward W-X-Y correction which waves W and X were completed.
Also an A-B-C pattern is within wave Y which first 2 portions were completed. But wave C is remained.
There are 2 scenarios for the wave C:
1. Ending Diagonal as the...
Hello to you all. Mars Signals team wishes you high profits at all times.
As you can see, the chart is set in 4-hour time form. We have identified a strong green support line for your purchase and drawn a strong red line that we can enter into trading for the above purposes if broken.
Warning: This is just a suggestion to you and we do not guarantee profits....
LTC seems to have found some support on the chart just below the $300 level. The Litecoin price is setting up for a potential run to $339.
The price has run into the support of an ascending trendline on the 2-hour chart at $298. For the moment, the trend is holding, and LTC appears to be putting in a bottom above the big figure.
Additionally, it is now above a...
THIS IS NOT PRO IDEA PS CHECK OTHER IDEA FIRST :::)))
I THINK LTC CONTINUE TOO BULISH CHANNEL BUT NOW IN CORRECTION TIME AND COME BOTTOM LITTLE AFTER TOUCH RESISDANCE ON :
BACK TOO :
or break this come too:
and rdy for going to TP
Targets is :
335.46 again first target
AND GOAL IN LONG TIME IS ;
Also nce and low. Wouldn't mind it coming down a bit more ith more demand spikes, Will have to take it one leg at a time. But its worthy to highlight the reactions that came out of this area last time it visited here. I wouldn't want to short into that kind of buying/lack of selling.
More buying than selling = higher prices
More selling than buying = lower prices...
It seems that we are creating a double bottom on the 6 HOUR chart.
A lot depend now on BTC , if BTC can hold the lows we should see this pattern play out.
For every new follower i will add a new idea :)