Don't miss the great buy opportunity in LTCBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00608). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 44.
Take Profits:
TP1= @ 0.00710
TP2= @ 0.00810
TP3= @ 0.00990
SL= Break below S2
LTC-BTC
Don't miss the great buy opportunity in LTCBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00608). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LTCBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 44.
Take Profits:
TP1= @ 0.00710
TP2= @ 0.00810
TP3= @ 0.00990
SL= Break below S2
LTCBTC maybe topping or close to the local topWeakness is appearing in form of a bear flag with decreasing volume. Might just pump up, because btc pairs dont usually follow usd paired patterns and trend is strongly up. Also possible correction can be due that follows the harmonic on the chart. Correction can come after next pump as well. This is a take profit zone.
If BTC dumps then it is over for Alts.
$LTC clear way up to $150 USD. 100%+Dear traders,
Im analysing more and more alts right now because the bottom is definitely in. They are showing a nice reversal pattern.
My expectation is that LTC and other alts can go parabolic in the coming week. I think there is more room to grow to at least $150 dollar before the first big correction.
The signals that are coming up right now are similar to alt-runs before. Also LTC has already complete the halvening so that is a big intrest point.
Targets for LTC to watch:
$81
$99
$107
$137
$150
BTC.D decreasing
Goodluck.
$LTC/$BTC breaks downward channel and weekly S/R?$LTC has been in a downward sloping channel for a couple of months, but looks on the verge of breaking out.
Furthermore, if it can reclaim the weekly S/R level, the bottom might be in on this one.
The ideal scenario would be a break out of the channel in the coming days and a retest of the weekly S/R level.