Near Horizontal Resistance 4h, this resistance area is confluent with the R1 pivot (and a long term daily level). RSI overbought. MacD "approaching" a sell signal?
Following the breakout of EOS, LTC is also trying to breakout. Here, two price positions can be referred to make the trading plan.
64, long after breakout. After breaking through the daily bargaining chip supply area, the target is 71, 83 and stop loss based on the lower edge of the 61-64 range. The short perspective is to lay out empty orders according to the...
Assuming this is the top of the move we can have pullbacks this these three levels over the course of the next few days. Ppo and rsi+ are rEDLINING which is usually a good time to sell/short. We also have our market cipher giving us that significant red dot which is usually signaling potential dips to come in the days to come. This is the 4 hour time frame so...
This is what I perfectly called out yesterday, someone with a lot of money would dump their position as noobs buy, then they quickly sell and price pushes down
Litecoin is repeating itself to an upwards move to 80$ in the next 2 weeks. Also the 60$ resistance line turned into a support on the 4 hour chart meaning the bulls have the upperhand. The most important resistance level will be 65$. I expect the bulls will break that and turn it into a support level, from their we will see a move to 80$ in the coming...
The last down trendline (red line) from ATH broke it with bullish daily and weekly candle.
We're now repeating history, same trendline (blue) , same accumulation and LTC is about to give that breakout any time soon!
First resistance $71 then $84 then $97
GOODLUCK!
LTC retested golden pocket for the fourth time and a rule of thumb is we never short the 4th golden pocket zone. Therefore, due to the volume being so weak I think we have a whale will a limit sell order at the 0.864-0.865 level where he would burn all the noobs who would potentially try to fomo buy. This would lead to a ton of panic selling a solid dip in the...
