petter5802

petter5802

It looks to be a positive outcome on the retest of the $186ish level. Should see another look over $200 by the beginning of next week. I recommend loading up for this one!

petter5802

Hey Guys! Litecoin is looking pretty good. After breaking above the 50 day moving average it seems to have came back and bounced off, which is a great sign. The RSI is also creating higher highs so another run at the $170 level should occur very soon! Hopefully a bump in volume will occur as well

petter5802

Hey everyone! It looks like Litecoin has been rejected on the 200 day moving average. I could see this pair moving down to the $144 area once more before another attempt. Volume will need to significantly increase in order to have a clean break of the resistance and then retest the newly turned support area. If this can occur expect a move into the $200s. ...

petter5802

It looks to me like a double bottom was formed at around $168 and then rejected pretty hard just below the lower bound of the channel. If it can break back into the channel and then retest the lower bounds then we should be good to get back into the $208 area. It would also be highly likely to try again for the $230 resistance line as well.

petter5802

The price of LTC is currently trapped in-between the support area of $193 and the resistance zone of $208. This will most likely continue until the price reaches the lower bound of the ascending channel. At that point the price should rise to the upper bound of the ascending channel within a week or so to the $260+ area.

petter5802

On the one hour chart you can see we are nearing the end of the descending triangle. I am expecting a breakdown to the next support line, which is the $95 area. Expect a fairly quick bounce off of this support line and then get ready to go back above $100

petter5802

After hitting the $110 level it looks like the upward pressure is getting weaker. It will need to bounce off the $92 level before thinking about continuing upward.

petter5802

LTCUSD is stuck in-between both areas shown below. In the short term expect a move down to the lower $70's again. This is because the volume is fairly low so the upper boundary is unlikely to be broken this time around.

petter5802

NCLH has made some huge gains recently and just experienced a slight pullback to around the fib .382 level. This was a healthy correction and is at the lower bound of the channel. Most likely a move back towards the $30 range by the end of the year!

petter5802

The top of this latest impulse may have been the historically heavy resistance found around the $90 to $95 dollar range. Possibly a bottom out around the $40s within a few months.

petter5802

Could this mean an uptrend is starting?