The price bounced from the support zone and the uptrend line. After breaking the downtrend line, we got a confirmation of further upward movement. It's buy opportunity and we can place pending orders above 40.50 level. Stop orders must be placed below 39.50 level. Profit target should be at the resistance level and the part of trading volume can be left for long run.
If you have to buy Litecoins for EURO, probably this trading idea will be interesting for you. The market moves upward in the borders of the ascending price channel. We had a good entry level based on a reversal signal in the support zone. This zone was formed by the trend line and 35.00 support level. It was our first opportunity to buy Litecoin. Now we have a...
Either way, set a stop loss to save your profits or find a nice entry when resistence gets broken :)
LTC is moving in a descending channel since a few days. If it is able to break this downward movement, we could face a buy opportunity. MACD is crossing over and RSI returning from oversold region. Volume on up movement looks fine. Also note that LTC has shown strength in the bearish market conditions we face last weeks. It is only advisable to take action when...
LTC is near the price-fibo (0.786). I think we see a lower low. In expectation of a general trend-reversal it will go up. Let's see what happens. Happy trading. :-)
Massive Bullish OBV divergence (clearer on Hourly) MACD is pinched and primed for a move upwards (clearer on Daily) RSI has plenty of room to make a run (similar on both TFs) Stoch RSI oversold on Hourly, but not super worrisome on Daily This week, OBV bull div seals the deal. LONG Also, something about Charlie coming back feels fortuitous. ______ Poloniex LTC/BTC
I think there is going to be another drop in short-term of BTC. Many new investors coming in BTC and after seeing a 400€ drop in a few minutes, are waiting for the bounce to get out. Also many analysist are talking that the bubble could pop anytime soon, and it is normal after the recent rises over 10% a day people will try to sell. LTC and most of altcoins drop...
Possbile retracement to ~1100 or even ~1000
Hey everyone, I checked the Litecoin7Euro course and decided to write an analysis. Check it out on steemit: steemit.com Cheers :)
To join this move, if you were looking to buy now, it is a bit late. The daily chart gave a signal, but there is always risk that the miners decide to remove hashrate and that would decrease the Segwit signaling %. To activate it, the hashrate signaling it has to be 75%, it's now around 70%, which got people excited. There is no guarantee miners don't go and make...
Took me by surprise and can't believe I had already charted it. Didn't trade it cause of following up on Bitcoin, Ethereum and Monero. Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.
Based on the 2 previous Weekly Bollinger 1SD breakouts we are heading for a new rally.