Oversold and in need of completing temporary correction by grabbing a gold of 55MA. After that it may keep falling. Retracment has already started. Target range is any one of the first FIB extension levels. Not a lot of risk here. Almost at complete bottom.
LTCUSD FRACTALS ARE HERE. LET'S HAVE A GOOD MONEY MONDAY. GET YOUR COFFEE, AND GET READY REVERSAL COIMG SOON. HEAVY RESISTANCE AND SUPPORT ARE PLOTTED. PRICE IS CONTAINED. SET YOUR STOPS AND USE YOUR OWN DISCRETION. DISCLAIMER: *THIS IS NOT AN INDICATION TO BUY/SELL AND SHOULD BE USED FOR EDUCATIONAL PURPOSES ONLY*
I still believe we have room to fall. One more retracement to the .786 for price to stick on as (it has every fib line and fallen). I see a return to 460 then a fall to 360 possibly. This can go any way, though. ETH is already very oversold and you wouldn't be wrong to longterm hold this and wait for a bigger pop (probably). This is just how I'm playing it if we...
Price wants to see the 550+ range again. Channel containing price. Bollinger bands double 20,200 makes price ranges clear. RSI also helps depict estimates. I believe RSI, helps tremendously with knowing when a bounce is coming.
I drew a couple lines and applied a fib retracement so I guess that makes me a psychic, right? Use this as a guide but anything can happen. Price target is green fib line but who knows where this thing will die again. If price breaks trend line, panic. *THIS IS NOT AN INDICATION TO BUY/SELL*
630 range being retested. Needs to continue strength. Next target is 660. No absolutes, use stops.
If you haven't got in by now youre incredibly late but can still make plenty of money.
2 bear flags are followed by 382 retracements when the 20 day bollinger is broken. Maybe a third is brewing. Look for bottom as 20 and 200 day BB are broken. RSI resistance has been helpful and has now flipped down into next flag. This could be the beginning of something incredible.
FIB FANS AND RETRACEMENTS- VERY CLOSE TO OVERBOUGHT CONDITIONS.
FIB FANS OUTLOOK. WE'VE BROKEN INTO THE NEXT SUPPORT AND COULD SEE HIGHER LEVELS IF HOLDS. WATCH CLOSELY. (this is not an reccomendation to buy or sell, and should only be used for educational purposes)
I'm loading up now and watching to see if consolidation goes up or down. I believe a big move is coming soon. Limit buys and stop losses are you friend. Chart speaks for itself.
BITCOIN correcting but many believe it will fall back down. .382 reistance walls drawn.
Lots of momentum. Looking for retrace. LONG ! GET THE FLAG!
MACD, RSI , BB all chasing back to 4 dollar range.