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Technical-analysis

LTCUSD Technical Analysis 4 hourWhat a ride! Trend is definitely down if you have not noticed ha! No confirmation on trend change yet. RSI and Stoch RSI both in oversold conditions. This does not mean that the down trend is done though. Keep this in mind. AO indicates bears are in control. Renko trend clearly down. Brick size 0.74. Need confirmation to enter. As I said before, need a couple of green bricks at least. This means at this moment the current target entry price is 45.14 (or slightly above that). I use a sliding stop loss as prices continue to move down. My stop loss is two bricks away from the last confirmed brick. So it is 45.23 . I typically don't use the exact renko size. You could consider using the Parabolic SAR to setup your stop loss which would currently set it up a little higher than that. As I said in my first published idea (see link below) I hope you got out in time. We still have to consider the possibility of further drops in prices. The last time we saw these prices was around July, 2017. Remember we don't care what the prices are. They are neither cheap nor expensive. We care to buy at the right time and sell at the right time to make USD. Also, we don't care to buy at the lowest price possible and sell at the lowest price possible. We want to ride most of the trend (80%). I can assure you this is sufficient to make some descent money. Disclaimer: This is just for educational purposes. This is not advise to be used in your trading. Make your own decisions, it is always better that way! If you like this, you can donate your LTC to: LZKza6vBcBnkfaDMHYXXUd6ud8Jf87Lfm3 Any donations will help me keep posting analysis.
COINBASE:LTCUSD
by mariobenitez1618
LTCUSD Technical Analysis 4 hourAs you can see we are still on a bearish trend. No clear reversal indication. I would wait until price rises above 51.40 to consider entering a trade. Again, confirm renko trend up with at least 2 bricks. Brick size .74 Look at Awesome Indicator too. You should look for it crossing the 0 line on the way up. You may buy before it crosses but trend must be towards the 0 line. Consider EMA 12 and EMA26. These 2 should also start closing in. Be careful because immediate support of 48.84 was breached earlier today, so there is a good chance of a continuation down. Patience. Remember we are looking to make money. Don't care how many litecoins you accumulate. If at the end the price goes down to 10, or even less, who cares how many LTCs you have. On the other hand if you have USD and that keeps going up, then you are doing well!
COINBASE:LTCUSD
by mariobenitez1618
2
LTCUSD Technical Analysis 4hourStill looking for an entry. No confirmations of trend change yet. Most movement has been lateral. You can see that in the Renko chart. RSI is on a down trend Updated Renko brick size to 0.72 using ATR 14. LTC is still bearish. We need to confirm trend change before entering the trade. Volume shows support around 48.38 which coincides with Fib at 48.25. If support is broken then we are looking to continue the overal bearish trend likely to 45.39 or 43.92
COINBASE:LTCUSD
by mariobenitez1618
1
Aurora Cannabis Inc! Technical analysis into 2019!Hello everyone, hope you are well. This is a technical analysis on ACB. Aurora Cannabis Inc. is a Canadian licensed cannabis producer, headquartered in Edmonton, Canada. In this analysis, we have 4 quadrants which show the accumulation and distribution cycles in 147 day periods. After rejecting the 2018 highs, we did post a new HH, however we closed as a bearish engulfing candlestick on the weekly timeframe. Now that we are in this distribution stage, we have fallen over 50% within a 2 week period. The .786 fib level is showing rejection, if we bounce and continue higher I see a further rejection from going higher near the .50 fib retracement near the $8.00 figure. There is a gap that needs to be filled near the $4.00 region and this is where I will accumulate. Looking for March as the next interval to go bullish, time will tell. Thank you
A
by CaliG11
4
LTCUSD Technical AnalysisWaiting to see if trend remains up. If so, will likely look for a buy opportunity. Confirmation to buy: at least 2 renko bricks (0.72 size) - I just readjusted the brick size to the current ATR 14 - This one is almost a must! it signals the trend change. A single brick can be deceiving so you need a second one to confirm. Look for Stoch RSI going up on renko Awesome Oscillator - crossing 0 upwards Price at least above EMA 12, perferably above EMA 26 will come from There is no magic recipe. You have to look at the indicators and make your best judgment. This is a probabilities game and it take studying and work to get into a rhythm.
COINBASE:LTCUSD
by mariobenitez1618
Gbpusd technical analysis Monday 22OctGbpusd on last Wednesday has already broken the small support line (red break line) at 1.3146. This has led the market to fall towards the first support of 1.3013 If the market manages to break the first support line, it is likely to reach the second support line at 1.2929. If the market shifts to the north instead the analysis is void. The second resistance can be seen at the point 1.3222 after the break support line acts as the first hurdle in the 1.3146 line.
Short
by Cayen