TheCryptoGuide

TheCryptoGuide Updated 

Litecoin has been a key participant in the recovery role of the cryptocurrency market. Why? LItecoin and Bitcoin have a serious mutual relationship, when one goes up or down the other reacts in a very similar movement. This has proven to be true multiple times now. Seeing as whenever LTC has a breakout, especially in recent times, it has assisted our friend BTC...

TheCryptoGuide Updated 

COINBASE:LTCUSD This trading idea might be contrary to popular belief, but thats okay with me! Hello again everyone, Today our focus is on Litecoin. Particularly since we see many investors, mostly inexperienced, getting over-hyped about a single downtrend resistance line being broken. And not having a higher descending resistance line, like Bitcoin does. Does...

TheCryptoGuide Updated 

I will make this clear, this is the unlikely situation to occur. Especially since Litecoin is having another breakout session, we all saw it has the potential to slingshot Bitcoin above key resistance lines. Now would be the optimum time for that ever so important 12K resistance to be broken. Indicators that are pointing upwards need to stay pointing up for...

TheCryptoGuide Updated 

COINBASE:LTCUSD Hello again everyone, hope that everyone is doing well. Litecoin has recently broken below it's uptrend formation, as a result of Bitcoin breaking below an important support level. It seems that both of my previous 'bull trap' TA's may become terribly accurate. Is it time to pull out and run?!? Absolutely not. Just because a recovery attempt...

TheCryptoGuide Updated 

BTC/USD I plan on keeping this as simple as possible along with a short market analysis. Utilizing the 4 hour candles, we have multiple important indicators pointing downwards in the short term. Such as the RSI, MACD, OBV and DMI. And there is still enough room for it to fall considerably. The question is how much? Currently this market is still fairly...