bapprill

bapprill

LTCUSD looks to be gearing up for another run, as another bull flag is forming and RSI has dropped to reasonable levels on the short term charts (15m/5m). Already touching $420 today, we could very well see a test of this ATH in a few hours. Doing so will require both volume, and overcoming the psychological resistance at 400. A break to the downside could drop...

bapprill

15m chart forming lower highs and higher lows, showing consolidation and a nice bounch off the EMA14 after today's strong run up. Has it run out of steam, or will we see another leg up today? A close above the bottom trend line will be a positive sign, a close above the top trend line is a buy signal.

bapprill

LTC 15m and hourly charts showing a convergence in a consolidation pennant. First candle is bearish, will this continue the longer term bull trend, or will the bears show up to set lower highs?

bapprill Updated 

LTC continuing a weekly pattern of higher lows and lower highs against USD, forming a pennant. Break out in the next 7-10 days, likely correlated to the impending BTC fork. I expect FUD in BTC to push market cap to alt's, at least until the dust settles. LTC, with its solid fundamentals and relatively stable history, should be a great store of value in the...

bapprill Updated 

LTC against USD testing hourly support. A break to the upside, which I believe is unlikely, moves to targets at 64 and 69 where previously established resistance lies. If support does not hold, there is support at 60.40, then stronger support at 57 and 55. These present, in my opinion, solid buying opportunities. The long term trend on the weekly chart shows...