Possible Uptrend start on LTCUSDT I have a confirmation of BUY signal on LTC on Weekly chart
So its probable a new uptrend start
Ltsusd
LTSUSDAfter leaving the triangle and breaking the resistance 276
We will see the continuation of the upward trend.
The goals are clear on the 1-hour chart.
Long TradeI work out a Bipoon signal to buy LTC. I think in the current moment we are have all opportunities for take 200. We are testing local high again.
Lightcoing doing a turn. LTCUSDFractal complete, so we are looking for a retrace. Some preliminary targets are painted in in purple, and invalidation in red. This is a suspected, and non confirmed pivot, so a bit of an aggressive strategy to call a drop now. But, hey, I don't care, because I am confident enough. Good luck, traders - and remember nothing I ever say is financial advice.
BTC to around 2.6k !!!After doing some maths from 2014 chart, looking at monthly and weekly Bollinger Bands and MACD (see previous post), looking at weekly 200MA line, and calculating a 123% extension of Wave 5, I can see a clear real bottom at around 2.6k. You can call me crazy or whatever you have in your mind, but it’s very possible that it goes to this point.
I have to point out I’m not either a bear or a bull. Well, yes. I’m a bear now because I’ve done my homework and I know it goes down. But when it touches the bottom, I’ll be bull. So avoid saying I’m a bear and so, I’m biased.
It’s just an opinion. I’m not responsible of your actions.
That said, have a good time and be cautious. :)
Litecoin low probabilityLitecoin gave a low probability breakout. Still early days yet. This is typical at a bottom. Price is finding resistance at the 100 day MA and volume is still relatively low.
LTC - possible 34% price riseLTC formed diamond which usually indicate price reversal. If however diamond break upward, which is the case with our formation, there is a big potential that price will rise proportionally to length of price movement from bottom to diamond. Volume underneath diamond suggest that we are dealing wit congestion - accumulation phase and price rise is almost unstoppable.
source - thepatternsite.com (Thomas N. Bulkowski)
Overall performance rank for up/down breakouts (1 is best): 21 out of 23; 7 out of 21
* Price trend - Upward leading to the pattern.
* Shape - Looks like a diamond, but one usually tilted to the side.
* Trendlines - Prices form higher peaks and lower valleys (a broadening pattern) in the first part of the pattern, then price action narrows with lower peaks and higher valleys. Trendlines connect the peaks and valleys for a diamond shape.
* Touches - Prices will touch each trendline once or twice. Don't worry if your lines cross some of the price outliers.
* Volume - Downward trend 67% of the time.
* Breakout - Downward 69% of the time.
This information is not a recommendation to buy or sell.
LTC/USD cloud breakout, stay long for 270/300LTC/USD has broken out of daily cloud.
Techs support higher.
Momentum studies are bullish and MADC has moved into positive territory.
ADX is above 25 levels and rising and we see +ve DMI dominance.
Good to go long on dips, SL: 220, TP: 270/300.
Litecoin - channel upWhile higher highs and higher lows are in tact you can buy in buy zone to maximise positive gains.
This one's a HODL for me so no target in sight. Stoploss is at channel support or when lower high and lower lower happens.
