My Litecoin technical analysis
I go over a bullish bat formation
stop levels,
take profit levels
Entry levels
risk to reward profile
also go over trend continuation trades.
entry, stops, and target on them too
What a three-point move is.
What an Impulse leg is
lots of information in short time.
watch it couple 20 times
This is the rules I use
Video is ok...
Cryptocurrencies are under pressure as Bitcoin and Ethereum drag others down. The rally into the USD is not helping and there may still be more strength in the USD to come so crypto traders will need to know where there risk is for any long positions. Watch the video for my take on the latest price action and where more downside could take us.
In this video, I discuss Litecoin, LRC (Loopring), OMG (Omisego), Bitcoin, NEO, and XLM. I also talk a little bit about my own current psychology and reasons for doing analysis.
This is not meant as financial advice - it is meant for entertainment and for speculation.
-Victor Cobra
Hi Everyone! We may still remain sideways for a while until the Blue LSMA in the 11-Day, 12-Day and 13-Day get closer to Level 50 for LTCUSD. If we were to look at LTCBTC, we would see the Blue LSMA is still very low in the 2-Day time frame. We need that Blue LSMA in the 2-Day for LTCBTC to get above Level 20 for starters and eventually above Level 50 to get...
Hi Everyone! We may still remain sideways for a while until the Blue LSMA in the 11-Day, 12-Day and 13-Day get closer to Level 50 for LTCUSD . If we were to look at LTCBTC , we would see the Blue LSMA is still very low in the 2-Day time frame. We need that Blue LSMA in the 2-Day for LTCBTC to get above Level 20 for starters and eventually above Level 50 to get...
Hi Everyone! Don't Stop The Party!!! World Wide... Yeah... Red RSI in the 4-Day is about to go above Level 50 to trigger upward pressure. 12-hour and 24-hour show the Red RSI has already crossed above Level 50. Which means upward pressure continues until the White Energy in those time frames come down to Level 50. ALSO: When the Red RSI -AND- the Blue LSMA...
Hi Everyone! We still have upward pressure for the Near Term Group. Yes, we are currently experiencing downward pressure in our Short Term Group of time frames. However, I'm expecting this current bout of downward pressure to be BRIEF then resume the upward pressure that still remains by the Red RSI in the 2-Day beginning to cross Level 50 the next 2-Day...
Litecoin Retest the 21 day EMA on the daily and weekly. Really need it to hold here. If we can get a daily close above then look for a retest of the local highs.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Characteristics:
Channels are banded current trend-following indicators.
Similar to other indicators they lagging.
They have an upper and a lower line.
Upper and lower bands are at equal distance from a middle line.
The area between the upper and lower lines in the channel.
Signals:
The upper or lower line breakouts.
The upper and lower lines bounce...
Litecoin has regained the 21 Day exponential moving average (ema) and broken out of its previous formation. We are currently being held down by the green 55 day ema. Looking for a possible retest of the 21 day ema before continuation to the upside.
We are looking are the completion of a harmonics pattern. As we get the neckline of our pattern in confluence with heavy structure and fibs we notice that we are starting to respect the structure as support from a higher timeframe. Now we must simply wait for confirmation on the candle closes for the daily and weekly timeframe in addition to the 4H environment...
