BTCUSD Nothing has changed in the cryptocurrency market - the rate of Bitcoin is in consolidation. Forecast for today: The fall of the Bitcoin rate from $6500 to $6000. ETHUSD The rate of the Ethereum does not show signs of life: the flat continues. Forecast for today: The fall in the rate of Ethereum from $210 to $160. XRPUSD Ripple rate determined the...
So even though my Handle implies otherwise, I very rarely even look at Cryptocurrencies (cryptocurrencies just use blockchain - not the other way around). But when I saw this, it made me pause to reflect... As a wise man once told me, "It's too early to know for sure, but it is getting late." What say you?
LITECOIN #LTC Ready to Fly Making Triangle Must See Chart Levels. Entry Between 50-51 Sell 56, 64 , 64+ Stop Loss 45 Stay Tuned............!! Learn Here , Earn EveryWhere
Litecoin price chart shown in this analysis is a 1 hour time frame from August 4, 2018. Price action from September 4, 2018 to date is described using as a symmetrical triangle; a chart pattern that ideally indicates stalemate between demand and supply. ~$62.36 and $50.48 are indicated as price levels to pay attention to as a break above the former implies...
BTCUSD The fight of bulls and bears in the cryptocurrency market continues. Unfortunately, the lateral movement of the Bitcoin rate was delayed in time. Forecast for today: The fall of the Bitcoin rate from $6500 to $6000. ETHUSD Ethereum is still in flat. We must have patience and wait for the resumption of the previous volatility. Forecast for today: The fall...
Based on this daily chart looks like either way break is imminent. Zone between 50 and 47,20 as line in the sand for bullls. I would prefer to see failure at the attempt to break lower with strong rejection to the upside.
BTCUSD The trading pattern for Bitcoin has not changed: the flat continues. We still expect the Bitcoin to depreciate. Forecast for today: The fall of the Bitcoin rate from $6500 to $6000. ETHUSD Ethereum is still moving in the range, but we predict a decline in its rate. Forecast for today: The fall in the rate of Ethereum from $210 to $160. XRPUSD Ripple's...
Hey! If BTC' makes a move from the current level then LITECOIN' is ready to make a breakout from the triangle! Triangle has drawn on the line chart to avoid those noisy wicks on the graph. The last 4h candle bounces upwards from the support level and from the trendline crossing area and the price is on the Triangle peak which will indicate that the explosion is...
BTCUSD The volatility of the cryptocurrency market over the past 10 days has greatly decreased. All because there are no buyers. In such a situation, in our opinion, the Bitcoin quotation will continue to decline. Forecast for today: The fall of the Bitcoin rate from $6500 to $6000. ETHUSD Ethereum also lost all its buyers. We assume that its rate will continue...
LTCUSD is approaching our first support at 50.58 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 56.95 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also...
Testing top trend line (orange triangle) Needs to hold above $52.32 (Yellow Horizontal line) and break out of orange triangle to test Purple longer term trend line that goes back to May 5th peak. Support at blue horizontal line and then at the bottom of the orange triangle.
Litecoin is moving sideways in the 53.15 - 51 band. Price is currently in the middle of the band, however, stochastic is at overbought, signaling a downwards move ,so a break below 51 support level will open the way to main support at 47. On the other hand, if we see a break above the 53.15 resistance despite the stochastic indicator, we are going to follow a...
BTCUSD Bitcoin quotation started the day with growth. We assume that from the resistance level of $6500, it will continue to decline. Forecast for today: The fall of the Bitcoin rate from $6500 to $6000. ETHUSD The Ethereum rate is in no hurry to grow. There is a visible weakness of buyers in the cryptocurrency market. Therefore, we expect a continuation of the...
Litecoin follows the exact trading bands of the 1D Channel Down (MACD = -1.407, Highs/Lows = -0.3979, B/BP = -3.0000) as it is on a controlled decline on every 1D candle, comfortably held below the Lower High trend-line. 1W remains on a strong bearish pattern (RSI = 36.514) and once 49.500 breaks the next Lower Low should be neat 43.500. We are still bearish on...
Litecoin had a fake 6 weeks H&S Bottom during summer. Another formation of 2 months H&S Bottom has occured recently from August 5 and October 15. This formation also maybe a fake or failed H&S pattern, because there is another bearish continuation pattern is forming. 6 Weeks Descending Triangle is forming. As You may already know, before I was waiting for bullish...
I set Sell limit at $53,68 because: 1. Price broke down triangle. 2. H4 candle close under it. 3. I can set Low risk. 4. Potential reward in 3 - 7 times bigger than a risk. Goals: $54,48 and $44,18 Push like and Subscribe
The LTCUSD pair is trading inside an increasingly narrow triangle pattern, with the seventh largest cryptocurrency poised for a directional breakout. The LTCUSD pair has so far failed to react to the news that Litecoin developers are set to cut transaction fees for the popular digital currency. Sellers will likely attempt to break the $48.00 level, while buyers...