We are at the 21 weekly EMA resistance. Either we are going to brake it and spike up or we are going to hang below it for the next couple of months and possibly go back down to the 30s. I will just consider us slightly more bearish then neutral at the moment.
Bearish divergence on the daily and about to break out of the bear flag.
Hello, Traders Investors And Community, currently there are some interesting and useful signs in the cryptocurrency LTCUSD which I point out today. As many cryptocurrencies like bitcoin or ethereum looking decently bearish in the short-term we have some good support levels with LTCUSD which could cause a price growth on the short-term-scale at least approaching...
Litecoin buy zone. $41 - $43.50 - $45.50 is where I'm looking to go FULLY long. Watching PA and waiting for a pullback to the trendline. Price could reverse at the $45.50 zone, however I would like to see a deeper pullback for a better entry.
Litecoin is lagging behind the market (visible by the LTC-BTC ratio), while LTC-USD chart shows strong accumulation. I expect up to 50% bounce above the resistance as Litecoin whales try to keep up with the overall crypto market.
Price is now above previous resistance. Break over triangle resistance will send it straight up to $350 or it can get rejected and drop to $22.
Hi traders, Keep your eyes on lower time frame for sell setups.
we have good bounce back activities we expect reach the va as target facing the strong buyers after retest support level
Should correct from $50 for a nice swing retest , forming the handle for the cup, with a target of $55. A long term view of LTC to $75 was posted earlier. If you find value please like and share.
I don't know how long it will take but Hit Like if you find it useful
I'm going to give you a few words of wisdom, so pay attention. Don't FOMO Buy. We've been seeing massive moves over the last few days and it's impossible not to feel left out. But don't suddenly start trading positions that will give you +30% or +40% gains. If you want to still be around in the long run, if you consider yourself a serious trader, keep scalping...
Dear traders, We spent the last 8 years Researching how Financial Derivatives behave. We built a financial model that applies Universal Equations to model any instrument into 9 states. Those states are the steady trend (1), the reversal (2), the strong trend (3), the super trend (4) and the flat market (0). We then calculated the second derivative of the model...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
48 could cap the upside of LTC, but it could return to its high of 50.46.
marketkolor.com analysis suggests that Support/Resistence Trading strategies would likely be most successful at present. Support is where the price tends to stop falling, and resistance is where the price tends to stop rising. There are different types of support and resistance, such as minor and major (strong). Traders expect minor levels to be broken, while...