LTC (Y20.P5.E1).Macro.ForecastRef. C.chart
Hi All,
Based on a the structure and the current price action which broke the lead in trend line , this then becomes a bullish chart.
We can observe the structure and how the fib levels resonate with it. I have 2 targets for LTC.
1st Target, being a double top and it has confluence with the 0.5 fib level and on the 1.618 fib extension, from $80.5 to $86.5
2nd Target is based on the inverted barr point in the structure which correlates to the 0.382 fib level. Price from $99 to $013
LTC has a nice trend but we should get a retrace soon after hitting its mark.
Lets see how this above forecast goes with the price action.
Note: I'm sure the Paypal announcement with LTC has something to do with it.
Cheers,
S.SAri
Litcoin
LTCUSDTLTCUSDT brokedown below the double top reversal pattern as expected from my previous analysis. The market retraced and is currently testing 0.618 fibonacci retracement level. Potential SELL re-entry at breakdown of pullback trendline support ⬇️. RSI trendline breakdown could be a bearish confirmation 🔽.
LTCUSDTLTCUSDT brokeout below the trendline support as expected from my previous analysis . The market is printing the double top reversal pattern. Breakout below the neckline support could be a bearish signal ⬇️ ( retest of flip support + fibonacci retracement levels). RSI is also printing a bearish divergence signal 🔽.
BEST TIME TO INVEST ON LTC!!!!!!!😍😚 💵 🤑🤑As you can see, LTC, after longterm rest, is ready to move up, and there is a regular divergence (RD+)between wave a and c; the best way for entering the trade is using a trigger, and I show you on the chart the excellent trigger for this circumstance is breaking the trendline.
The risk to reward ratio is impressive.
BITCOIN Y EL MUNDO CRIPTO EN MOMENTO DE DECISIONNuestra visión para el mundo cripto fue bajista nuestra posición en 2017, en 2019 volvimos a una visión bullish, luego de algunas dudas con lo de marzo, seguimos favoreciendo escenario bullish, pero el mercado decide si corrige desde acá hace nuevos máximos y corrige pero el gran potencial alcista se mantiene, si corrige es para acumular..
LTC\USDT. Very important stage $$$$Good day to all.
- Having considered the price movement LTC \ BTC, you can notice the reference dependence of price growth over time
- The math is simple
1) Each new growth begins from the moment of the decrease of the previous daily slope, in two times
2) -The beginning of growth was 364 days after the decline from the first maximum
-The beginning of the next growth was exactly after 182 days
- Soon 91 days since that peak
3) I think the idea is clear)
In the afternoon. Well, and you profit
LTCUSDT - Good time for BUY, It break-out Point NOWLTCUSDT Forecast break out NOW
LTC move around $45 +/-5% in 1 month ago. It is good accumulate and wait for break out.
Target expect for bullish at level $53 - $58 - $63 - $68. with a good market condition and bitcoin move above $9000.
at situation isn't good, we look LTCUSDT back level $46 - $43.
How do you think that?
@TrungAE 2020.05.03
#trungAE #trungtrading
Strong Bullish PUMP coming weeks 60-75 Target+ IF Hard Pump 120$Trend setup for bullish for 1st target 55$ and 75$ and if bitcoin holding bullish trend upside then we will see bitcoin towards 80-90$
🛑SUPPORT/RESISTANCE
✅S1= 42$
✅S2=35$
✴️R1=55$
✴️R2=75$
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