Hi, there. As I said to you, there are amazingly similar patterns (fractals) in these two mountains. If you think it will go to $1400 or close, I think you can wipe your accounts off. Why do I know it goes down and can imitate the same behaviour? Well, this last bullrun was the Wave 4 of the correction, and now, it needs to go down again and complete the Wave...
I have spotted fractals here. They look similar, and it could end wiping your wallets off. It’s just an idea. Trade at your own risk. I’m not responsible of your actions. Good day and good trading. ;)
Hi, traders. This is just a point of view, but I’ve spotted a big inverted Cup and handle that will make the price of LTC fall down and touch the yellow line you can see below. It’s the line of the downtrend channel. Hope I’m right so we can see where it goes. However, a lot of variables can affect the price of the coins. Trade at your own risk. I’m not...
After this unexpected bounce (there was a support, in fact, and that made it bounce), I think LTC is going down again. I’ve drawn a possible ADX pattern (green and red lines at the bottom of the image), according to the previous moves and this is the shape I believe it will have. So it goes down. Also, you can see the price is unable to get through the 21-day MA,...
Less volume and UP??? I thought I didn’t set the lines properly but now I know what is happening after taking a look at the volume... It’s a clear BULL TRAP. Basically, it means it will go down soon. Some people invest a lot of money so that it goes up, and then, people that invest behind to get some profits pump it more. The first ones take their money back...
It’s not the bottom. Just another bearish triangle. Ichimoku showing bearish trend. Broken support that now acts as a resistance. RSI oversold, so it has to “reset” by pumping a bit. As I can see, when it’s oversold, it pumps a bit, dumps deeper, and so on to keep resetting the RSI.
This is just an idea, not 100% accurate, but I can see Stochastics too high and it has to go down again. That said, I think it will fall down deeper. When Stochastics go very high and the price doesn’t go that high, it falls down deeper than when it started the pump. Again, it’s not 100% sure, since this is a market and everything can happen. Even they can pump...
It’s just an idea, so don’t trade according to what I think will happen. I’m not responsible of your actions, but if you earn money, I want the 50% of your earnings. ;) Alright, I can see an ABC downtrend pattern that will dump LTC very deeply. As you can see, there’s been a triangle (in blue) that has been broken after the ABC bounces. There’s a red channel...
It’s just an idea, but there we go. I think LTC went too high and has to land again. That said, and after having a look at the power of the coin, I can see LTC going really deep. I think we can even see LTC below $20, since this correction is far from being like other ones. If you draw channels from the beginning, you’ll see it went too high and now it’s like an...
Candles below Kumo. Chikou (pink line) has crossed the candles, it’s below Kumo and has crossed the price span (red line if you can appreciate it). Chikou broke the previous support. One-day candle below the support. LitePay failed to launch. Headed to $127-$128. Still thinking it goes up?
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,...