IOTA LOOKING BULLISH! READY TO BROKE OUT AND FLY?IOTA has a strong resistance on daily timeframe from APRIL and a new resistance formed from SEP, however, smaller tfs on IOTA are turning bullish, looks like IOTA is getting ready to breakout of this month old resistance. The recent crash helped IOTA forming up the right shoulder.
- Inv H&S on 4hr timeframe.
- 200 EMA support is there just below the price candles on 4hr and daily tf, so less risky.
- Falling wedge on 4hr.
- Support is becoming stronger and resistance is getting weaker.
LTC-BTC
CRYPTOTIME! Litecoin quick shortHi Team!
This is a quick setup if you prefer not to wait for some of my longer trades.
Crypto is always very volatile, so if you hit SL please do NOT re-enter and give money back to the market.
We are approaching a strong 4H resistance channel, and I am expecting rejection.
The TP level is the resent 4H support.
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Good luck, trade safe.
DrBear
LTCUSD - CUP and handle of impossible proportions.While running analysis on LTCBTC market I spotted serious opportunity for a decent LONG expecting BTC profits. After realizing what long term chart draws for us, decided to go in, since what I see is a cup and handle of enormous proportions. Time will tell - have a look at LTCBTC pair linked below...
LTC- Buy zonesHello,
Since I sold I have been waiting for LTC to retest some of the vital supports that got broke. Over the next coming months I believe we will have tested below $80 and we will be moving sideways.
I have set buy targets between my heavy buy zone and my buy zone once again for the next cycle. Be prepared to wait a couple of years before any real movement again.
If #BTC can find support around the $20,000 (currently $31,000) I think this cycle could have another leg up towards the end of 2022.
LTC/USDT chartAccording to the downward trend of bitcoin, the approximate behavior of light coin can be guessed if bitcoin rises, Analysis will also be completely void and if it breaks the orange line after the pullback shown in the analysis,the trend will be upward.
This analysis will be updated...
Grayscale Litecoin Trust looks ready to run againGrayscale Litecoin Trust looks ready to run again
I might be wrong - this is not financial advice -
Bitcoin is going up and dragging everything else with it.
That does not mean people will pile into this right now - but I will buy some and see how it goes and maybe buy a bit more if it drops more.
#LTC taking back bullish territory #Litecoin & #Bitcoin will see a good week ahead for taking back some bullish territory.
I am expecting Litecoin to make moves against the USD EITHER WAY this week;
however will LTC move up and independently of BTC??
Historically, no.... BTC moves and LTC typically follows.
We've seen several POS tokens break up while Bitcoin crabs sideways like
$XTZ and $ALGO making 11% moves against their BTC pair.
LTC is currently testing and trying to break upwards above the current
consolidation zone. LTC is following a similar pattern of many OG coins in the space.
I'll be watching for closing candles above 0.005 level resistance to long which would
line up with the major bullish cross on the MACD. Then after a confirmed
breakout reducing my some of my LTC position for Satoshis near the 0.0056-0.0059 levels.
Analyzed BTC, ETH, BCH, HBAR, EOS, LTC, XRP and DOGE | Enjoy ;)NSENG:ACADEMY
Hello everyone 😃
We tried to analyze some of the trending coins for you dears to use it on your trading plans !
Hope you all enjoy it 😉
I will start with BTC -> ETH -> BCH -> HBAR -> EOS -> LTC -> XRP -> DOGE.
BTC/USDT :
BTC is currently at no trade zone, There are many pressure zones and we can't select a correct direction for it.
But based on our data; BTC is generally bullish on 12H timeframe, So the most possible direction will be another reach on 59K after a retest on lower trendline.
🔴 Any engulf below 52K will makes BTC more bearish !
ETH/USDT :
ETH is at resistance zone which is located at FIBBO level. Any close above this level will confirm $4700.
But on low TF, ETH remains bearish until it breaks $4255 level !
So Be careful of your funds on ETH, Also there was a formed H&S which is invalidated now.
BCH/USDT :
BCH is at the verge of bullish cross, But there is a stiff resistance above which can rejects BCH if others ( other major coins ) don't go up in next hours...
Also there is a chance for fake-out on it ! So better to watch ETH's current resistance and BTC's closes above current order block.
I really like to have a retest on lower levels for BCH; $1800 is confirmed already for BCH...
📌 You can set your bids at green mentioned zones !
HBAR/USDT :
Personally, I'm seeing HBAR as a greater technology for crypto; So that's why it's in my watchlist !
Anyway, HBAR retests demand zone and now it's trying to climb for bearish order block.
Also It remains bearish on technical indicators for short-term, So another retest on bullish trendline is very expected.
EOS/USDT :
I'm not very sure about EOS, It's remains bullish without any excuse !
Current level is suggested as a stiff resistance zone; Sadly I expected that EOS will show more low wicks...
But it didn't went on my plan. Now I'm waiting for a rejection from this level or a breakout above this level !
Both of them are considered as a great opportunity for scalpers and swing traders...
LTC/USDT :
LTC is lovely here, I'm just searching for any retest on lower levels; Which is really expected for next days...
I'm still believe in my final target around $700 in next 4 weeks ! So I will set my beads at lower demand levels.
XRP/USDT :
There are two possible directions for XRP, It's seems that XRP is moving into a falling wedge, So it's generally very bullish...
Any close above wedge's higher will confirm XRP's $2 in mid-term and higher levels for long-term.
Otherwise we'll see a lower retest to $1 bullish order block zone. After that I will aiming $2 again !
DOGE/USDT :
DOGE is no more staying in a bullish scenario for now. It rejects 50% and 68% retracement on FIBBO's bullish wave, And now it's moving around 70% on FIBBO's bullish wave.
But on bearish wave, It seems that DOGE has retested FIBBO's 50% level and now it's standing below 38.2%.
So any rejection below $0.4 stiff support zone can make this opportunity for bears to push it around $0.3 level !
Bulls can take the lead one more time for DOGE if they manage to break current bearish trendline...
Hope you enjoyed our multiple analysis about 7 crypto currencies in my watchlist🙌
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Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades