3 drive to a bottom3 drive to a bottom
...and a positive divergens on RSI should give us a smaller bounce here.
Happy trading!
LTCEUR trade ideas
Descending Wedge The 2nd coming of the great descending wedge is starting to really tighten up.
Where will we go?
How many of the support levels will we test?
Feeling the SquezzeAs we continue to bleed, Important times coming - up or down - will the trend continue or change?
As we now start to test previous lows, how low will we go before the support of the bulls turn up
DAN A.i LTC Play 09/04/1809/04/18
Next support (90EUR) is likely to be heavily tested when the Asia market opens in a few hours time.
08/04/18
Downward trend pressure - strong.
Wedge formation still holding.
Volume significantly lower then previous session.
LTC/EUR possible reversal for the next few daysHi everyone,
Still learning and attempting to spot a bullish momentum starting tomorrow.
Price found a support and is going sideways following the top yellow trendline
CCI(20) is oversold at -68 and also shows signs of support along the trendline for the past 5/6 days. CCI is oversold for about a month now
EOM(14) is negative (-12) which means the price has a hard time to decrease. Eom is also negative for quite a while already and slowly goes back up
TSI(20,7) is below 0 for a long time and has rebounded 5 days ago, also looking for support and has finally crossed up (-41/-42)
Additionally, we can see HA candles exhaustion after a 4 days downtrend.
Looking back, I found (I think I found like all newbies) the same rebound, support, TSI cross and HA candles formation beginning of February.
Right now, I only use the tradingview crypto screener to estimate LTC global Volume. But I have studied Gdax Volume for the past 3 months. It seems that LTC/EUR/USD, BTC/USD and LTC/BTC volume have all reach bottom as well.
If volume rises tomorrow, we'll have a few green candles . I wish i could tell you the weather for tomorrow, like...buy right about now, add a stop loss at €91/92 and take profit at €108/112 but dont!
I appreciate all feedback
This post is only for educational purposes.
Abbiamo Raggiunto il fondo?Vediamo che il MACD abbia un segnale rialzista e L'indicatore T/B segnal che abbiamo raggiunto il fondo. Attendiamo di vedere se sia un falso segnale come il precedente!
Abbiamo raggiunto il fondo?Smanettando un po su questi indicatori si nota come il MACD dei segnali chiari e visibili sul lungo termine di Long e l'altro indicatore sottostante indichi che abbiamo raggiunto il fondo. Adesso aspettiamo di vedere se sia un falso segnale e il prezzo contiuera a scendere (come in precedenza sia entrato un segnale long per poi tornare subito short) oppure vedremo una piccola ripresa.
Dan A.i LTC play - 08/04/18Downward trend pressure - strong.
Wedge formation still holding.
Volume significantly lower then previous session.
Dan.ai LTC forecast 08/04/18Downward trend pressure - strong.
Wedge formation still holding.
Volume significantly lower then previous session.
LTCEUR Possible scenarios for sideway trend break
Price movement and fibonacci retracement could indicate three possible scenarios if the price breaks the sideway trend with two in favor of descending price and one in ascending price. It is hard to predict with certainty which outbreak will occur so as of right now I'd recommend to wait for entering and see what the next breakout will look like
Mid/end April could be the turning point for LTCIf mid May 242 EUR is broken we could see new ATH end May - mid June!
LTC looks like the previous oneAnd we are on the fib level. It really looks like we are on the bottom in LTC :D
LTC/EUR - Buy OpportunityBig Support Zone in this area...buy and Take Profit in Green Area
These is only for education, not an advice to buy
LTCEUR - Back to 80EUR?Support 1 set at 100. Any recovery could indicate a hike back up to as far as 140.
Support 2 set at 80. Breakage of first support line could intensify what we could call 'further correction'; as far back as 80.
LTC - window of reversalhere are my thoughts about LTC - what do you think ? let me know in the comments...
just an idea not a financial advice - trade at your own risks.
LTC back to $40 - $60?The image explains itself. Although it’s in euros, the behaviour is the same.
I have to say I haven’t got any LTC and not planning to buy anything, so I’m not biased at all.
It’s just an idea of what it could happen to LTC. Take your own risk when investing. I’m not responsible of your actions.
As you can see in the previous pump that I have circled in red, everything that goes up, has to go down, and I’ve seen a lot of posts saying it will going up.
To be honest, it’s a possibility, but use your common sense and don’t think it’s always going up, since it has to go down one day and “land” again. Once it “lands”, it has to run through the “runway” to go up again.
That said, I think it will go down, touch the bottom after some small or acceptable pumps, and wait for people’s fear to stabilise.
It’s a correction, but not the end.
Again, trade at your own risk. I will not be responsible of your actions.
