LTCEUR trade ideas
RSI DivergenceAs you see on the chart, there is an bearish RSI divergence established. Think wisely before taking any decision
Very very very bullish on LTCChart speaks for itself.
LTC is making a very large penant on the resistance of previous bubble pop.
BTC (temporary) rejected the last line of defense (12.5k) before the inevitable ATH.
What is happening? Bitcoin is 'dumping' and LTC is finding support in the wedge.
In a couple of weeks LTC will break out of the wedge and BTC will make a new ATH.
LTC - EURO Pairing - suggests pivot pointBullish on BTC so possible break up to the line if BTC consolidates above $10k
B, HF
Litecoin, now is the moment to buy.Looking at important levels for Litecoin & where I can stack up the most.
I have bought 4 Litecoins @50.50$ average price.
My goal is to have 10 litecoins in my crypto portfolio.
So still 6 to go :) I will surely buy them under 45$
Price between 50 and 100 EMAThe price of LTCEUR has been fluctuating since 25 April between the 50 and 100 EMA on 1 day chart as support and resistance levels, with few false breakouts. These are strong levels on high durations like 1 day. Let’s keep watching any possible confirmed breakout downtrend or uptrend. I’m not giving any bullish or bearish analysis here, just stating my personal price analysis.
Strong resistance at the time of postingAfter good Green Day, at the time writing this post, we are at a strong resistance level. Currently, we are at the 100 EMA on 1 day chart, at the 38.2 FIB level of latest downtrend, at the level of previous support and resistance levels in previous times.
Let’s monitor if we cross towards the upper band on 1 day chart at 46 euro, then we might reach to 50 FIB at 50 euros.
I mentioned yesterday that we expect a price break by 8 May, which happened few hours before. This is bullish indicator. Keep monitoring and let me know what you think.
P.s This is not an advice of any kind, just doing my personal analysis and sharing with all. Do your analysis and take decisions based on your analysis.
Triangle on 1hr chartJust sharing with you this triangle in the 1hr chart. The tip of triangle is on Friday 8th of May as shown on the chart. Let’s watch whether it is going to be bullish or bearish breakout. I won’t give price analysis for now, just sharing this triangle if you haven’t seen it.
In previous post, I share the MACD crossover the signal on 1W chart. This is usually strong bullish, HOWEVER, if we don’t get volume, it can turn out to be false crossover. We need to watch it.
Share your comments and thoughts.
Bullish indicator on LTCEURThe MACD line has just crossed over the signal line, and histogram went positive above zero level. That’s a bullish sign, let’s further confirm it on lower duration charts. Just wanted to share this sign with you readers.
LTCEURdamn it look like i'm high as fuck
did i smoke too much? be honest
cause i'm sitting her and ask too myself"how the fuck is this s**t
