The analysis shows that the exchange rate has left its pre-marked parabolic path. His rise slowed down. However, it cannot be stated with certainty that no further increase is expected. Indeed. The parabolic orbit may have an outer arc approximation. Currently a double fractal movement is built. Target price 156 usd.
What Halving means?
Halving is a term common among cryptocurrency miners – the process sees the reduction of mining rewards of cryptocurrencies slashed by 50%.
The halving is the event, the moment when the mining reward is divided by 2, is commonly called "halving". Other denominations are used: "reward drop", "reward halving", or simply "the halving" or "the...
LITECOIN HALVING: SELL THE NEWS
Previous Litecoin Halving Price Rallied 700% 49 days before Started crashing 73%.
Current Litecoin Halving Price already rallied 500% Could it raly further and have another big correction like last time?
BUY THE RUMOUR SELL THE NEWS!
Based on my analysis, two fractals can be identified. So far, the movement of both fractal tracks was similar. In recent days, the fractal path of the 2nd fracture is different. The exchange rate should decrease, however, it can build a level of support. Rising from this level, I expect acceleration. I note that the "curve" track forecasts have the worst hit...
LTC LITECOIN has been one of the leaders among this bullish run of 2019.
This idea reviews the trading opportunities of LTCUSD since January 2019 according to signals given by "9 Seasons Rainbow Multiple Time Frames Pattern" Indicator.
Symbol: Kraken: LTCUSD
Ribbons of time frames: 15m - 11H
Red Arrows Down: Short Trade
Green Arrows Up: Long Trade
Thus therefore the same must apply with Litecoin, don’t go buying on this noob’s TA; pure hyperbole and fantasy but it does indicate to me that the trend is upwards as LTC shadows bitcoin with a sneaky halving shortly make this an interesting presumption
LTC/USD put in a 5-wave correction down to previous lows which gave us an opportunity to take this long position.
Stops have now been moved to break even and this is a risk free trade up to the target of $154, with some resistance expected at the $150 even handle number.
This is a swing trading position however we are also trading this up on a day-trading basis,...
The rate moves to a rising trend channel. The trend channel direction is parallel to the ATR axis of the exchange rate. The ATR axis also rises. Therefore, a further increase is expected. Target price is the top of the trend channel 115USD.
Head and shoulders pattern, we clearly getting 2nd lower highs on RSI on multiple time frames, MACD crossover to the downside, histogram is ticking down as well. Do we find support NOW at around 90$ or do will we test 84$ and 78$ level?