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...
We can see here on the 1 day chart of the ltc/eth pairing that we have a golden cross and an obvious cup and handle set up. Probability favors a bullish break upward above the rimline but you want to wait for 2 consecutive 1 day candles above the rimline to confirm the break because a fakeout is always a possibility even with a golden cross...if we break upward I...
Litecoin has a couple bullish signals; Bullish divergence MACD cross Falling wedge breakout.
LTC has almost completed a falling wedge. These patterns are bullish and pretty trustworthy.
Technical analysis: . LITECOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Trading suggestion: . We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018 . There is a possibility of temporary...
Technical analysis: . LITECOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Trading suggestion: . We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018 . There is a possibility of temporary...
Price action within patterns and patterns within patterns. What is going on? The market sentiment is 'confusion'. We are in a bull market. The majority of patterns seen in the cryptocurrency markets are extremely bullish. Patterns are not ever neat and tidy. And are completed subjective. A declining Cup & Handle on the daily chart is amongst many other patterns...
Descending Triangle nearing end. Likely Bull break for LTC. If LTC repeats history we will see at ATH in near future, then trace-back to lower levels or maybe upwards to 0.89 Eth. Concern is Volumes. Not seeing the Volumes coming in yet. What do you think?
Lower low in price, higher low in RSI. LTCETH is making a falling wedge on the daily chart and ready for a bullish breakout. RSI is coming back up from oversold area and making an ascending triangle.
Breakout possible on daily , but weekly looks bearish.
Time is about now - go long on LTC around Fibonacci retracement of 0.5, then ride the wave 3 up to 1.618 Fibonacci extensions.
Let's see if the volume is following this breakout ... be happy if you were out from ETH already :) Target the yellow circle!
-LTC USD IS FORMING INVERSE H&S and ABOUT TO BREAK A STRONG RESSITANCE AT THE SAME POINT -IF LTC completes right shoulder well, price could be higher. -At the same point we have a ressistance (purple line) , I expect it to break that ressistance. -Purple line is important because it is coming from ATH of LTC. It has tried to break it many times. -If both...
I won't take credit for this. @carpenoctom on twitter found this gem. Right after the Kumo Twist LTC is out pacing ETH and is dead set on going up to that cloud line. Will be fun to see how this plays out.
I'm a beginner in TA so please be gentle.I'm happy about some feedback though, I really wanna learn this stuff. So lets jump right into it. Looking at the 4hour chart on LTC we see that it broke the bottom line of the upwards trend. If you add the top line ltc formed a wide opened wedge (grey lines) which got broken to to bottom - which is kinda bad. Also the...
What do you think?