A lot of liquidity on the upside could potentially create a small run up to the supply zone. A high volume wick rejecting the EQ would be the ideal shorting opportunity in this case.
Litecoin (LTCH19) has changed direction. Bearish divergence showing up on the 1H time frame. We closed our earlier trade in PROFITS due to this. I am updating you here so that you can get out in profits and maybe even short LTCH19 if you like. Thanks a lot for the support. Namaste.
Trade: LONG LTCH19 Leverage: 25X Buy In: 0.00900 Time Frame: 4H Targets: (1) 0.00912 (2) 0.00922 (3) 0.00943 (4) Hold..... Stop Loss: Close 4H candle below 0.00890 Profit Potential: 119% ROE Capital Allocation: <5%. --- I promised a trade for Litecoin if my earlier post idea received enough support. It did, so here is a Litecoin trade as promised. I...
I previously posted an LTC long entry based on the 4h chart structure. I missed my entry by 1 tick, so here's a long setup based on the 2h chart.
I am looking at the Litecoin (LTCBTC) chart on the daily time frame and there seems to be something brewing up. This signal can fail, but it looks like a strong move is on its way... If resistance can break. - The black line on the chart is MA200. Notice how this line is coming down and now below LTCBTC's price. - Recent break above EMA10 and trading above...
wait for this 4h candle to close above resistance, then place long bids for a retest
LTC showing us great rotation and it´s going to apex of triangl, which has been formed since the beginning of the year. By cyclic lines on 15 min. chart should LTC do breakout today and grow. At the end of consolidation phase was created falling wedge with lower sell volume. On 30 min. chart was created bullish divergence on MACD histogram. Within next hours I...
Trade: LONG LTCH19 Buy in: 0.00849 - 0.00857 Leverage: 10X Time Frame: 4H Targets: (1) 0.00880 (2) 0.00890 (3) 0.00922 Stop loss: Close 4H candle below 0.00831. Capital allocation: <8%. Profits Potential: 80.89% ROE As promised... Low risk vs high reward. Enjoy the trade. Namaste.
I am looking at Litecoin (LTCBTC) and the retrace from the last bullish wave might be completed. After reaching a peak on the 6th January, Litecoin (LTCBTC) has been on a full retrace. On the way down, it has been breaking support after support until the price starting to flatten out. Here are the different signals that are pointing to "support found" for LTC: ...
LTCH19 *may* have completed a 5-part A to E retracement to hit the macro 62% Fibonacci retracement level. The next move is a potential play using pivots to guide a 5-wave bullish impulse. Notice how S/R levels align between pivots, Ichimoku, and Fibonacci. Top-level target would be weekly R3 in red.
I will continue to decrease my SHORT position in LTCH19. ultimately seeking the 'Gspot' aboot the 0.00825 area. Unless Litecoin pulls a reversal hitting my trailing stop loss which is currently set @ 0.00851, but I really don't see that happening Bcuz we just broke through a very strong support zone (0.00850-0.00848) IMO Anyways. invest safely & may GOD B with...
* NOT Financial Advise. Follow at own risk..!! NEVER INVEST what U cannot afford to lose!!! Always USE Stop Loss!!! Gudd Luk 2 All ))
Looks like it broke the support and it's going down, but never can be sure as they are nothing but a guess.
I saw five waves, so let's see if my prediction is right.