Just a quick mention on something interesting I stumbled across while constructing my long term LTCBTC strategy. During the 2015 recovery phase after the bear market, Litecoin started rising aggressively prior to Bitcoin and led cryptos into the start of the new bull market. At some point it pulled back considerably and BTC started gaining momentum and lead the...
In this video I talk about: Fundamentals of the market Cycles Why altcoins go up Alocation in Bitcoin and shitcoins Risk tolerance and risk management Effort and time to become successful Trading psychology and Self belief Trading plan and dip buying
I have analyzed the trend of LTC before. Here is a typical channel pattern, and the top is superimposed with the trend line and the upper track of the channel. When the macd index deviates, the pressure is obvious. Short term is not the best opportunity to enter the market, but it is also not a short chance. I have talked about this situation many times before,...
I've seen this happening a lot lately (past few weeks). There is good range on some of these wicks on the short term time frames! Its only about 2 percent but these are easy if you are watching. I simply set a buy 1 historical resistance line under the current historical resistance. THEN SET AN ALERT at your buy price. If the price drifts down pull your...
Litecoin showing great setup of Re-Accumulation (Bull-Flag) and you can find this chart easy to use on other assets where you can find Descending Wedges. My previous Litecoin analysis was posted on January 23 2019, achieved about 45% profits so far, and still active targets.
Hi guys, I wanted to study the Litecoin chart, because I think it's a really interesting coin to trade. I will once again use my Bands Indicator , and will update later if I find any other good TA. Previous analysis for Bitcoin here and for Ethereum here . So let's dive into the High Timeframes : 4H Trend is bullish for now. I don't see any bear signal...
The price of Litecoin (LTC) is up around 30% today to $42.56 after the project announced it was working with Beam (BEAM) to implement Mimblewimble.
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, it works good for stocks and cryptocurrency. you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. when a green dot -0.57% -7.44% appears you buy, if a...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Elements of a Successful Trading Plan 106 The last Element that i will explain is Trading edge. 6. Trading Edge The season, in which the currency will exchange, it is beneficial to hold the exchanging edge down to maybe a couple setups when beginning. The more systems one plans to ace, the more troublesome it will...
Buy Green Sell Red // it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, // it works good for stocks and cryptocurrency. // you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. // when a green dot...
Similar price action with EOS but may be forming a triangle while EOS is either on a complex B or an ending diagonal (this is more likely). 5H RSI similar to Bitcoin, its either do or die as we get closer to the weekend. There is no good entry here at this time although the closer it is to 54$ the better. Running flats are uncommon this is just for monitoring .
Left chart shows market cap of top 10 coins calculated using data from coinmarketcap.com from 28 July 2018 Percentages are share of the top 10 rankings. Right chart is market cap of same coins calculated as if they all had the same circulating supply as Bitcoin (approx 17.1 million) This makes it clear why it is absolutely pointless to compare the market cap of...
I am going to share with you all one of the primary trading strategies I use. As you read this keep in mind this is what I have found works best for ME in my situation with my busy life. I am not here to tell you martingale is the best strategy out there , it's just one that's out there that I have found to be very successful in my personal trading accounts. Its...
Blocknet (BLOCK), one of the coins that we started to trade back in early April, is gaining strength and moving up. But as we know, each time a top/peak is reached, there is a retrace in price, followed by consolidation before a coin continue its climb up. BLOCK has been doing good the past few days, but the time for the retrace has come. Here are a few signals...
Ticker: COINBASE:LTCUSD Timeframe: 1D/2-3 years Quick LTC long term theory more for me to reference back to. Will also dabble with a long term bear theory even though it scares the living piss out of me. Short Term: Slightly Bearish Mid Term: Neutral Long Term: Bullish Af Current Market Sentiment: Tired of the FUD, Skiddish Bear
My method and key metrics I check before entering a trade or even getting too technical with the chart. You know: Why would we set ourselves up for failure? I thought I'd share this with my friends, and why not make it public too. General coin info. Does the project have a whitepaper and exposed team? Is the developer still involved? Is the team...
Tax cuts, Reagan, 14% Fed Funds Rates, Desktop Computers, Portfolio Insurance, and Hostile Take Over Stocks