We just bounced off serious support, both within the LTCUSD and LTCBTC trading pairs. LTCBTC marked recently a historical low in relation to Bitcoin, hence we are witnessing increased volatility and significant growth in relation to USD. Considering the size of this triangular formation where support is clear targets in the area of previous top (c.413 USD) seem to...
Buy: 0.578 SL: 0.5 T1: 4.186 T2: 7.136
Currently in a bullish triangle, confirming upside breakout from daily since mid-November start of a downtrend. Target is somewhere near the $190 mark if support holds. Once we close daily below $125 this idea is invalidated. Good luck trading!
I'm just curious what will perform better in 2022. My bets are with Litecoin - still, it isn't a bad idea to hold on to #IBM either. Long both. Why not?
Both charts present relation to a U.S. Dollar over the (long term) course of approximately 10 years. Only Imagine the BTC perspective of a Turkish investor. Now this is just an observation and no advice is here given, I am just amazed how government-backed currency fails towards the fascinating concept of Satoshi Nakamoto. Come and tell me #BTC doesn't work -...
Currently in a long-term uptrend. Until green - STRONG - support is not broken (no weekly close below the trendline) we can potentially see a possible breakout to the upside, above the red resistance. Do not buy a spot before the confirmation of current red resistance.
Currently in a long-term uptrend. Until green - STRONG - support is not broken (no weekly close below the trendline) we can potentially see a possible breakout to the upside, above the red resistance. Do not buy a spot before the confirmation of current red resistance.
Currently in a long-term uptrend. Until green - STRONG - support is not broken (no weekly close below the trendline) we can potentially see a possible breakout to the upside, above the red resistance. Do not buy a spot before the confirmation of current red resistance.
T1: $210 SL just below the lowest low for displayed section.
LONG to here presented top... since the confirmation of (black line) support. Tight SL just below the red. Remember capital management!
Firstly let's remember that this is crypto market. There's no such thing as delusional assumptions / impossible analysis. Things are less or more probable. This move happened in the past, regardless it's behemoth proportions - no one can deny it. If this would happen again... BTC profits would be equally ridiculous to this being even a possibility. I see here two...
Possible touch of the channel bottom (c. 42PLN) On watchlist.
People often look at too small time frames - not mentioning the lack of reasonable risk to reward ratio. I'm in - with appropriate stop-loss and appropriate position size for my style of trading. BTC is a GIANT - don't underestimate it.
Sometimes I'm shocked seeing sell ranges, but at the end of the day - it's just numbers... Imagine telling someone once Litecoin is at $3 that it will do over 100x within the next few months... You would be laughed at. Now look at the price from the beginning of 2017 - seeing possibility of c. $3k looks like a matter of time. To good to be true - let's see how...
Once you are over invested, it is impossible to clearly see market condition - period. Financial investing is simply psychological endeavour - period. We are within the same range (red resistance and green support) since July 2019 - period. Earlier pump of similar price movement resulted in a massive volume spike. This week isn't over yet, I doubt however we will...
Throwing it out there to track how well AAPL will treat this range - for now watching the market - it's rather long than short, but will see...
Since current LTCBTC charts present best ever buying opportunity if it comes to LITECOIN vs BTC relation (0.0031) we shouldn't be surprised seeing new ATH on LTCUSD market if Bitcoin's price will continue to climb. Similarities rarely play significant role in price action - they do however make it a little bit easier to assume the next possible top area. According...
While running analysis on LTCBTC market I spotted serious opportunity for a decent LONG expecting BTC profits. After realizing what long term chart draws for us, decided to go in, since what I see is a cup and handle of enormous proportions. Time will tell - have a look at LTCBTC pair linked below...