Showing signs of breakout of the symetrical triangle. If this happens take long position and sell at the target.
The weekly analysis is showing strong up-trend so may be it is an asset to keep in the portforlio for the next days/weeks.
we aim to 33% profit
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Good luck
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So LTCUSD gave us a profitable trade, that’s it. Unlike BTC or ETH it was just mediocre. It’s giving us about 5% profit, and the risk was about 3%, a risk/gain relationship of 1,66:1 (our trade on BTC and ETH was 4:1 and 3:1 respectively).
I’m taking profits from half of my position and I’ll set...
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Price retraced of the higher boundary of the ascending channel. If we break the mid line of the channel I would expect more downside
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The price did a retracement and if price will break the current resistance level we can take a long position. And if price breaks the middle line of the channel we can also take a long position
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LTC Broke Critical Support: 50% Crash Soon
After the 50% crash, another 75% crash from those levels is expected.
After that crash, another 80% crash from those new levels is expected.
LTC has 7-12 months left of trading above $7.
You have been warned.
friends we have power Triangle pattern here .if ltc could to be pass 45 we can expect to have good position long but if filed down 41 that `s our signal to short position.
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LTC obeying this curved range. My guess is that it will round off and break downward slowly over the week but This will all depend on where indices are heading and with some big players' earning coming later this week a bullish break up should be looked out for,
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Bullish Flag formed near the resistance of the ascending channel. Confirmed breakout of the flag can lead to the Channel's breakout and then up we go.
Invalidation of the pattern will lead to retest of the mid line of the ascending channel
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the price lose the middline line of the channel which means it continues falling and retest the lower boundary of the support of the channel
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LTC broke out of bull flag nicely. I think it's going to form another little bull flag or pennant perhaps where it is now before continuing up to fight resistance around the 45.40 area where it was rejected several times yesterday.
