A short trade based on a possible head and shoulders top on the 4H chart. A candle close under the neckline would trigger the trade.
Hey guys, just drawn some estimation as per history and based on Crypto cycliny and We a know market works in cycing. It's weekly chart probably take much time to follow, we'll update the chart as per market changes. For more instant news and alerts join our telegram channel for further info
Taking this trade against the local up-trend. Might be a bad idea, but the riskt to reward is worth it. Proper risk management <> tight Stop Loss
After the candlestick fixation of the model "wedge" abroad, short with a target of 0.0078.
Hello Friends, Here comes my third and final chart for the day. This is yet another simple yet informative chart for you on the daily frame with explanation of what the chart shows. If you have seen my previous chart on Bitcoin ( BTC ) on daily frame, the path is clearly downward. (Ref: ) We all know, when BTC goes down it takes everything else down with...
If you follow me you know I'm long on LTC. Attempting a small swing trade today, I made a mistake and traded LTC/BTC a bit too early around ranging from .00882 - .00886 ! I saw some bearish divergence but , alas LTC caught an extra push and I missed out. But no worries! We hit the top of the RSI on several LTC/BTC charts today so I'm confident it will come back...
We can see on strength/momentum indicators have both hit historical bottoms and ltc has entered a strong support zone. FA also supports TA as it was released today that the litecoin foundation and token pay have bought a stake in a German bank. This is news that will now give retail investors a speculative opportunity to start buying in.
Todays short setup for LTCBTC This is a short term trade based on: Bear Div in RSI, RSI oddly high on the lower timeframes Volume still dead EMA 20,50,VWAP all below current price No real zones of support around this price Lower high pivots Lower timeframe price action 5m-15m supporting a continued dive after current little pullback to the upside 3rd ...
Hi, Can anyone tell me why you wouldn't short LTCBTC right now? It may well be a slow burn short..but I am struggling for a reason not to put a small short in here & let it run: Bearish because: No pending news until September Volume disgustingly low and falling RSI bearish MACD weak/bearish Volume profile resistance is huge with little to no support to...
I'm still bearish on LTC. For those of you who hold LTC and may be underwater... This is actually a fantastic way to hedge against your hold. (If the below plan works, you may BTC to offset the loss of your LTC value.. if it fails.. you recover LTC value due to price rise) Fundamentally: Litepay failed No real news *planned* coinmarketcal.com Other...
Head and shoulders forming on the daily chart. RSI is levelling off to around 50, no real pressure up or down, prices are simply frozen where they are. If the bulls hold the neck line of around 162k, I can definitely see us going to ATH at around 262k However if the bulls don't hold the neck line, may god be with all the LTC holders out there, I'll see you at...