We're pretty close to the midnight line, but there could be a retracement back toward the NYC Midnight opening price. Looking for one more rejection with the top price zone.
The ELLIPSE trading strategy has generated a long signal (4H timeframe) for Litecoin (LTC) at $77.51. The price has recently broken through the monthly pivot (P) level (denoted by the orange line) and has subsequently seen both the price and lagging line on the daily chart break out of the Ichimoku cloud (as evidenced by the green background on the 4-hour...
Maybe. On higher timeframe, still looks bearish, a Bounce is likely from the 21 MA IMO. See the 'h' pattern? Primary and Secondary sells. Indecision and consolidation followed. Would not get real Bullish just yet, although it sure suggests we could see higher next week. These indicators are by no means foolproof, but they do help you to not make expensive...
Update to prior idea. note the triple top Fibonacci ratio is a perfect 1.05 in both valleys. Got a shooting star up here. Rollover imminent IMO! Short at your own risk and don't blame me if it fools us again! This is just an observation, not advice. GLTA!