LTC USD are we on Wave 2 or Starting WAVE C?
Here LTC touches resistance in 3 forms 1. Red line in chart is major price resistance where sellers with high volume can come. 2. RSI is 70+ (Overbought) 3. LTC chart moving in a parallel channel and touching channel resistance. These are the most common and easy technical which all traders follow. If most of peoples of market follows these then we can see a...
reasons: -bear div on lower timeframes and daily -bear div on usd pair aswell -pumping on poor volume GL
LTCUSD is approaching our first resistance at 56.85 (horizontal swing high resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure) where a strong drop might occur to our major support at 44.79 (horizontal swing low support, 38.2%, 76.4% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see...
Looking at BNB on the 1D chart If you're looking to trade BNB be very cautious. When in doubt, zoom out. It wont go parabolic forever. Indicators: Price hitting single ticks on VPVR Many notches that need to be filled in VPVR 200 day moving average lagging behind parabolic price movement Bearish divergence in volume Money pouring in (OBV looking very heavy) Big...
Previously I posted a short trade for LTC following the November 2018 sell-off, but limited information invalidated the trade: Now that the range is clear we can prepare to short this market again. Here's the weekly view: ***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that...
Hello traders! Today we take a look at Litecoin / Bitcoin pairing. Over the past 24 hours we have a seen a mighty push off the majors in the Crypto Markets. Litecoin being one to lead the way as of recent. Currently we have a few areas to pay attention too - A confirmed S/R Flip via our Weekly Highs will give confirmation for the bulls for another leg up towards...
I have to say, LTC' has been stronger than i thought past week or so. After i wrote my previous analysis, it was still moving inside of a big bear flag. I suggested at least another drop would happen, which it did. But instead of a lower low, we saw a good bounce up from that low, forming a double bottom which has never been broken since. Part of my previous...
Charlie Lee will go down in the history books as having some of the greatest predictions in crypto. I wanted to mark these tweets in the history books so people would remember the mind blowing trading genius Charlie Lee. On March 30th, he tweeted that after Segwit, Litecoin Price woudl go up an estimated 300-400% to $14 was near the absolute bottom of Litecoin's...
The cup and handle pattern we have been watching unfold on LTCBTCs chart may finally be triggering here as ltc seems to be legitimately breaking up from its current bull flag which ahs a target that should once hit make triggering the cup and handle pattern a sure thing and continuing its bullish momentum...however there have been a lot of fake bait pumps and bait...
LTC is completing its 5th wave of this cycle. For this that Tok the advice to enter LTC around the $30 mark, I. would be looking to be gradually taking out my profits between $52 and $59 as we approach the $60 test. This could be a great place to place a trailing stop if y our exchange allows, otherwise I would be raising my stop loss just below the $50 mark. My...
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In the last bear market LTC dropped approximately 98% and had bottomed 140 days before halving. In only 3 months after that it rallied almost 700%. If we assume that LTC bottomed at 22$ in this bear market, 240 ~ days before next halving we are currently sitting on increase of approximately 130%. As we can see there is already a difference between the last and...
Hi friends! Welcome to Poop's Litecoin Update We have successfully predicted litecoin's bottom through wyckoff analysis published in January 1 which recorded around 65% gains since it publication. As an update, we have yet to see $LTC to complete the whole bullish move. We are still bullish at macro perspective but we are bearish short term. We are expecting...