Litecoin target of $31-$35 published on 10/2/19 still stands.
If $44 area does not hold, which I do not believe it will, I expect a drop down to the $35-$31 area before we bounce back up. All in all, this could take a few weeks or days, depends on how fast people capitulate.
Ethereum is currently sitting at support and if this area does not hold, looks like a possible move down to the $144 area. Would wait for a move and close above $194 before getting back in, if we do not go down to $144.
Litecoin is currently at support. If current area of $55-$54 does not hold, there are a series of supports below, $45, $40, $35, and $31. I would expect another move down like all other major alts. $40-$35 area would be a nice spot. Waiting for a move and close of $66 before entering a long, if we do not happen to move down to my area of $40-$35. TG
Looks like a move down to the $0.20 area before bouncing up. Resistance is at the $0.25 mark. Would wait for a move and close above this area before entering a long if we do not go down to $0.20 TG
Looking for a move down to the $172-$165 area for a buying opportunity. Resistance is around $248 so would wait for a move about this area before buying back. TG
Waiting to see what happens. Looking to see if we get back above $9500 area before entering a long. I do think we'll move down to the $7,600 before going back up; however, if people start to panic sell, I'd wait for buying opportunities at the $6,200 - $5,700 area. If for some reason this does not hold, may God hep us as we'll start heading to the $4,200-$3,600...
pretty simple set up here, we break thru the two resistance areas, we're off to the races.
Would like to see Litecoin have a weekly close above $83 to turn the current resistance into support... if this doesn't happen, could see a move down to ~$72 before trying again
Just waiting for DOGE to board his rocket to the moon. Not much to describe/discuss with this chart. Dip to green = buy; Jump to red = sell
XRP is looking to take one more dump to the 2100-1700 area before possibly making a move up. Support levels have not held up during this down trend so I would like to see capitulation followed by a nice bounce upwards to break resistance. I posted a similar chart pattern on XRPBTC on July 26th
LTC is currently fighting a three week resistance at $70-$72 with support at the $65-$61 range. There is the potential for a good buy in the $55-$52 neighborhood if support should crumble. Next 6 months is more or less a consolidation phase for LTC. (look at September 2015 thru April 2016) I would anticipate LTC to trade mainly between the $89-$62 range for a...
red line on chart has turned from support to resistance (for the time being). looking for a drop down to the first green box and if that does not hold, could see more downwards movement to the second green box; both areas would be good opportunities.
XRP looks to continue a downward trends until Sept - Oct (depends how fast and hard XRP falls). Currently fighting a resistance area which I anticipate will reject XRP down to the red line. If the red line does not hold for support, I would expect a fall down to the green box.
cup & handle with a target of 0.022395. Would wait for the break above 0.018239 before entering a long
Ascending triangle on BCHABC so look for a move up to ~$415
The volume has diminished for the time being so we should see a decline to #4 and then a nice bounce up to #5 by end of March. The weekly and monthly LTC/USD charts look good right now, but with the monthly close tomorrow and weekly close a few days after, anything could happen. Thanks TG