LTCCNY - OKCOIN As we can see bullish flag perform, if confirmation line break up, target will be at 334.76 #thanks for Inct73 to help me analyze this. Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However,...
As you can see, that the re bounce of LTC is not strong enough, and it has been suppressed by the lower pink track, so as what I see is the left shoulder has been formed, also the Stoch RSI has cross down in the over bought zone. So, the neck line around 255YUAN will be test again, which is also the MA144 of 6H, if it breaks, I believe LTC will reach 50~61.8% Fib...
entry price: 315 ,stop loss:305 , profit areas: 360--500--680,we would touch the 100 dollars areas eventually! happy trading, hope I don't make mistake!
LTC all support holds well during this time, I believe we are still in the uptrend, and as the Stoch RSI arrived over sold zone with all supports well, I think it's time for LTC to pull up. And in next few days BTC will start the segwit2x from July 21, after a research I think it will pass, but still we need to keep an eye on it, safety is always priority. Good...
Clouds say price should adjust and ltc is following up. Rsi pointing up and has broken the line I set at the breakout points I saw. Ltc has fallen just outside the pitchfork for uptrend. Possible great long position on a green rocketship.
After several hours looking into why I didn't see the Litecoin pump, I came to the conclusion I was looking at the wrong charts. LTCUSDT and LTCBTC are not really that important anymore (and those were the ones I was looking at). The important chart is really LTCCNY, considering China is exploding in volume and the Technical Analysis trend is quite easy to predict...
During the last 3 month, LTC keep climbing up with the support of MA30 on 1 day, but now, seem there will be a serious test for it, if the support of both MA30 and the lower track break, that will be a big retracement coming next, and for the target, I believe it will between Fib 61.8% and 50%, with the support of MA90 on 1day. And we also need to watch the trend...
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Looking at the 1D LTC/CNY for Huobi/OKCoin I'm seeing a potential C&H. My last call for LTC/BTC C&H played out perfectly. I'm hoping for this to play out as well. LTC has massive upside, and is still way undervalued. Some of the new Lapps developers are working on have been promising. Links below Upcoming Lapps lightning.community News...
Sharing this here to show good stable bull run. LTCCNY has been amazing. Long term trade until channel break. Bull since April.
I missed the train but not going to FOMO on this. I don't think LTC is ready yet for this years massive pump. Still got some more correction to do and more weeks to go. I'm still bullish long term. Two short term bearish signs: - MACD 1H about to cross down. - Bearish Butterfly Harmonic Pattern. LTCBTC also touched a huge resistance. Good luck! Check out...
When the Stoch RSI of 2H reach the over sold zone, we will find out. Good luck.
Healthy retracement, for bright future.
Ready to break up. TP1: 54. TP2: 75. Questions and requests on Telegram. More info in my signature. Song for the ride www.youtube.com
Hi All! LTC is super-duper awesome most superb coin. But right now, ladies and gentlemen, what you are about to witness is MASS MURDER IN CHIKUNLAND!!! Exit long if you told your wife you gonna be millionaire. And send me BTC tip here: 17Lc7bEZeoZKAARUjXywgVBfLMVJJSHbm5 If pro, go short. Happy trading! ;) Little explanation... too much fresh money...
I want to share something I found, during this time LTC price shocks around 194 YUAN, and I draw a Fib retracement level from 2013 top to the lowest point, 194 is exactly at 50% ! In other word, we are not reaching top yet, if LTC break through this triangle before reaching it's end, that will pull up Stoch RSI on daily, I think we will have a great chance for...
The market didn't turn to panic as my last analysis, and the buyers and holders shows their strong confidence, that makes me to review my chart and make some update, for now LTC futures is still running in the up channel, if the lower track holds, we will see a 5 wave coming to make new highs. But still, the Stoch-RSI on 1DAY and 3DAY still makes me worried, so,...