A very shallow observation, but potentially still profitable.
A bull flag appears to be forming on the hourly chart. The breakout could occur either around 6-9PM BST this evening, or if it decides to reside towards the lower range for longer, tomorrow throughout the day. If it loses the flag formation, however, it’s likely to range below the trend line until it...
Short term resistance level on the 1D has been hit and has acted as support, with the 25 MA also adding support at the same level. There has been a large sell of recently of LTC / USD and one would expect a bounce here. A trend of repeated higher lows also adds confluence and a level of support, so a bounce seems imminent. There are no strong resistance levels...
I am going to use this trading zone until the mid-year .
I think the 200 day will meet with the 200 weekly in July BUT may start to rise slightly before in May.
I have obviously extended 200 days and 200 weeks.
there's no real reason why #bitcoin would push through before then,
we may even drop to below 7200 before.
RSI line is the test, small upturn
. There is a possibility of temporary retracement to suggested support line (52.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. Litecoin/US Dollar 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...
Litecoin, just like Ethereum is in a descending wedge and is looking for a breakout on at some point in January.
I predict a revisit to early $0.30 cents will be followed by a sharp reversal to the upside.
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I will begin XBTUSD BitMEX Chart Analysis for December 18th
This is 30m candle chart for yesterday.
I’ve deleted unnecessary lines.
It seemed like there will be a trick as it was Tuesday.
It ignored route A and B wave pattern. Rather, it...
Hi, Traders ! Monfex is on the air !
Litecoin is about to take a Long shot in the direction of H4 ascending trend-line.
* Litecoin had failed in an attempt to break above the H4 trend-line, spiking at $66 - just below our projected target:
* Increased volatility on...
Hi, Traders ! Monfex is on the air !
Litecoin stepped down to test from above the $60 broken high of the 9th of October.
* Litecoin (LTC) has been demonstrating a poor price dynamic over the past few months, compared to the rest of the market.
* But the Bulls have become active in the end of October, after breaking above most of the daily resistances.
* LTC is...
. There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. LTCUSD 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.
Monfex is at your service and today we overview BCH/USD , LTC/USD , EOS/USD.
Good ascending movement we can see at this charts , but we need to note the bearish divergence by RSI by all of this cryptocurrencies.
Assume that they will reach their target blue line and test the ex-resistances.
Share your thoughts, ideas about the market under the...
Monfex is at your service and today we overview LTC/USD.
The Litecoin team discussed the prospects for cryptocurrency after increasing privacy through the introduction of MimbleWimble technology. Despite all the risks, the creator of LTC Charlie Lee is still ready to finance the work.
Litecoin brokeout the triangle, tested the ex-resistance line...
The exchange rate seems to build a fractal around the MA curves. That's what I want to trade. If the assumption is correct, the exchange rate may turn north from $ 53.75. The primary target price for this increase is US $ 83.74.