whatsinthecupsir

whatsinthecupsir

Hello everyone! I am finally out of uni so now I have more time to get back into crypto. Please take a second and go to my profile and check out my previous TA's i have made. I like to make basic TA's for the short term of the coin (Mostly LTC). Not much has changed since I made my last TA which is sort of depressing but at least we are still holding above...

whatsinthecupsir

Happy Friday everyone. BTC / LTC and other crypto currencies have looked extremely promising the last day or two. The volume has been steady which is making me believe this isn't another trap. We need to keep this upward trend up though for the next or so because we are still not out of our bearish state. For BTC, the $8400 range needs to broken, and for LTC it's...

whatsinthecupsir

Good afternoon everyone. Yesterday started to give everyone a little hope in a reversal of the market... but it was quickly denied and now we are pretty much back to where we started before that. Except this time, its looking like we could go lower. Short term, we are in a decsending channel, pretty much just waiting to break out in either direction. If we...

whatsinthecupsir

Hello everybody. I apologize for my long absence I have been extremely busy. I hope I can continue now making daily TA's of Litecoin. I have not been watching LTC / crypto closely for the last few weeks and I have sad to see we are still stuck in bearish territory and especially LTC stuck in the low $130's. We are approaching critical support areas right now. If...

whatsinthecupsir Updated 

Happy Sunday everyone. We have been holding up fairly well the last few days after that fall to the lower $160's. After reaching $192, we fell back down into the lower $170's. We are slowly approaching that area again, so I have that labeled as our main target to get passed right now. That is where our key resistance is and if we can get a closing candle above...

whatsinthecupsir

Well, safe to say no one was really expecting what happened yesterday. We fell with BTC as usual, but it could have been worse. Currently short term we are closing in on a pennant. The stoch RSI is suggesting a bounce off the resistance, in which could possibly mean another test of our short term support (178). Unless more FUD comes out in the next few hours, I...

whatsinthecupsir

Happy monday everyone. Litecoin hasn't been to exciting the last few days. We have been closing in a newly formed pennant (green trend lines). We still have a few days before that closes in, so I expect us to continue moving sideways bouncing off both the support and resistance. This could of course change any moment as you know with cryptos. Currently, we are...

whatsinthecupsir Updated 

I was not expecting that drop but I was happy to see LTC bounce off its main support line. We are in the process of testing it again though, and currently going off the stoch rsi and BB bands, it looks like we could reach $205 again. That is our main support, and if that is broken, then I expect us to bounce off the lower $200's for a while. If we see a turn in...

whatsinthecupsir

Happy Monday everyone. Litecoin has been looking good the last few days. Currently, we just saw a test of our current support in which it just bounced off of. We are inside a symmetrical triangle pattern, in which if we manage to hold our support, we will continue to move upwards. If that is the case, then our next short term resistance is at about $228 - $230. If...

whatsinthecupsir Updated 

Well it looks like Litecoin is back to being bearish for the time being. We have a base support of $190, which is the lowest it has hit in this bearish run. If that is broken, I believe the lowest we could see is in the upper 170's. I do believe we could see a falling candle hit this mark before bouncing off the trend line. Its possible we could be seeing a...

whatsinthecupsir Updated 

Hey guys, this is going to be a short but necessary analysis since we are facing a critical moment with LTC. We have bounced off our bullish support trend line for the last hour or two. I have labeled $203.60 as a critical support because if we dip below that, then LTC will become bearish. The green support line is our main one from when we became bullish after...

whatsinthecupsir Updated 

We reached a new high of about $256 last night, which we haven't seen since the middle of January. This is further confirming our bullish position which I am extremely happy about. Currently at this exact moment we are in the process of testing the new set resistance of $150-155 after moving sideways throughout the night. We just touched the top of the upper BB...

whatsinthecupsir Updated 

What an exciting last few days! LTC is finally back into its bullish state that we all love. Short-term, we are currently bearish, but we have some support in $213-216 range. I think this could be a good place to put some buy orders. If that does break, then next support is in the mid 200's. If we do bounce off our support, that will confirm we are in a...

whatsinthecupsir

Over the weekend, we still were not able to get past 172 which I believe is a huge point of resistance for litecoin. The closest we got was around $169.20. I currently have that as our main short term resistance, but we will need to break one of our trend lines which is around $164-166. I was happy to see us bounce off our support though at $141.20. I had this...

whatsinthecupsir Updated 

After a day of sideways movement yesterday, we have finally broke upward and reached the 160's again! We reached a high of 162.10 before pulling back. Litecoin short term is still bullish which is good. We will need to break about $145 to reverse this. I circled what I believe could be a good buy zone in case LTC does decide to turn around. We have support at...

whatsinthecupsir

We have been holding up in the 140 range for a while now which is good. If you take a look at my day 7 TA, you will see we went perfectly through my buy zone and went back up. We bounced off of 137.1 twice so I have that as our current support and a good spot to place some buys. If that is broke then low 130's is next support. Our current short term resistance...

whatsinthecupsir Updated 

Feels good to see Litecoin finally out of the 110's and 120's. Though on this little bull run we couldn't top our previous high of $173.85. At this moment we only reached about 157.30 and are currently moving sideways/a little bearish. Very short term, I have support at about $140 right now, and have a buy zone in the 138-142 zone incase a falling wick reaches...

whatsinthecupsir

Well that little bull run on Saturday was a tease wasn't it... Back down we go though. Litecoin has been performing stronger than its main competitors which is a good sign, BTC is about to reach the 6000's and we are still doing relatively well in comparison with how LTC usually does when BTC falls. Our first test will be 120. This is the lowest it reached...