The analysis shows that the exchange rate has left its pre-marked parabolic path. His rise slowed down. However, it cannot be stated with certainty that no further increase is expected. Indeed. The parabolic orbit may have an outer arc approximation. Currently a double fractal movement is built. Target price 156 usd.
This chart is likely the same as you have seen elsewhere. I would like to mention that the minute by minute analysis also tells me that computers have taken over and trader influence is only based on specific whale actions.
It does indicate to me that for the next few days bobbing along the bottom purple line shows an upward trend however, consider the winder...
Based on my analysis, two fractals can be identified. So far, the movement of both fractal tracks was similar. In recent days, the fractal path of the 2nd fracture is different. The exchange rate should decrease, however, it can build a level of support. Rising from this level, I expect acceleration. I note that the "curve" track forecasts have the worst hit...
LITECOIN HALVING: SELL THE NEWS
Previous Litecoin Halving Price Rallied 700% 49 days before Started crashing 73%.
Current Litecoin Halving Price already rallied 500% Could it raly further and have another big correction like last time?
BUY THE RUMOUR SELL THE NEWS!
The rate moves to a rising trend channel. The trend channel direction is parallel to the ATR axis of the exchange rate. The ATR axis also rises. Therefore, a further increase is expected. Target price is the top of the trend channel 115USD.
So guys! I think an imminent rise is comig for LTC, based on a lot of factors:
1) It has reached the resistance that double bottomed on february,
2) Ithas just reached a bit below MA200 and bounced back
3) TRIX seems to be reversing, and the discrepancy between it and the MA is getting lower
4) RSI has just reached oversold, coupled with stoch, and is bouncing...
weekly stochastic RSI is due a plunge , how ever volume is getting thin and i think a quick drive by the bulls uo to middle 4k might happen which will strongly get rejected down to a 2800 area
just my thoughts troops.
at 2800 we could go side ways untill a slow bull starts in may/june
this how ever could be all irrelevant as Bitcoin is being controled by the...
Divergence on Volume and RSI as well as other indicators suggest the LTC uptrend is coming to a close. You could argue that LTC has been leading many Alts for the past few weeks and if that were the case we could see a drop or a stagnation in many Alts in the days and weeks to come.
looking at history we have to drop in to that zone on the top of the lower historical trend
one this is clear, we wont get a bull run this year, we may bot get a bull run for 18 months, but we might get an up and down sideways between 5 and 3
a drop to 2k is not out of the question soon, id be shocked but not surprised.
the volume is low.
if the S&P 500...
The cryptocurrency market is moving. We are seeing green and we like... We love it!
I am now looking at the total market for the entire cryptocurrency market, all altcoins including Bitcoin, and we have several interesting signals.
Perhaps you might want to take a minute now to hit LIKE, and then continue reading what I am about to share... Thanks a lot for...
Here we examine the potential A-B-C correction in LTC.
The dark blue count reveals a scenario where we head for another impulsive wave down.
The pale green count looks at a possibly finished down trend.
From my perspective, the dark blue count seems much more likely at the moment, though continued resilience at these price levels may lead to a commendable bounce...
The LTCUSD pair remains under selling pressure on Wednesday, as the eight largest cryptocurrency by market capitalization struggles to rally away from the worst trading levels of the week. Litecoin buyers need to force price back inside the well-defined flag pattern to negate immediate downside pressure. The LTCUSD pair will likely come under further technical...