CrypticTrading

CrypticTrading

This chart is simply to watch the trend and see where we are hitting the edges of support and resistance. For my longterm outlook on LTC, please go to:

CrypticTrading Updated 

Friends, lets take a look back to 2016, before the infamous 2017 bull run began. We can see a lot of similarities when we zoom out and look at a 2 week chart to what we are currently experiencing. Pay attention to the Stoch RSI, we saw a test of a similar ascending triangle before a pullback and consolidation for about 9 months! I am not saying we will have to...

CrypticTrading Updated 

Apple seems to have just broken out of a descending triangle. Although seemingly bullish, there is bearish divergence on the RSI, the stochasting RSI is also pointing straight down on the daily after just crossing (see update below for indicators). A pullback is likely on its way. The interesting thing to watch will be if the previous resistance from that...

CrypticTrading

Bearish divergence and about to test the channel it broke down from shown by the red resistance. Likely will get rejected and will revisit $265 to support. Breakdown likely to results in mid $250s around the 1.618. This is not financial advise. Trade at your own risk.

CrypticTrading Updated 

Tracking structure. Need to stay in triangle and get support here to bounce up. Target measured by triangle height.

CrypticTrading

Huge gains would be coming for LTC if it can manage to break out of its LTCETH falling wedge. Either that, or ETH fails as a whole and completely tanks... highly unlikely but anything is possible. Bullish divergence on the RSI and HUGE bullish divergence on the MACD. If we start moving upwards, it will be interesting to see if the RSI stays within the red channel.

CrypticTrading

SHIB is looking like it's in trouble. It is consolidating with what looks like an incoming bearish cross on the MACD as it battles the resistance in its current downtrend since the all time highs. If it cannot muster up the bulls to break the resistance (red) then the bears should takeover and bring us to support 1. If it holds i'd look for a reversal and...

CrypticTrading

1.618 fib target from previous ATH to low which lines up to target from last bull run. Timeframe is there for reference but I wouldn’t expect the exact same timeframe. Will monitor RSI pennant for resistance if LTC goes parabolic. This is not trading advice, trade at your own risk and do your own research and due diligence.

CrypticTrading

Nice pullback today but we are keeping our head above the white 20 EMA line. I'd expect it to shape up like last time and act as an accumulation zone for the next 4-8 weeks before breaking to new ATH's.

CrypticTrading Updated 

Friends, haters, whatever you may be... In my previous post: I signaled bottom was in and LTC was going LONG into 2020. Well I have good news. We have officially broken the downtrend! What does this mean? Well, I believe it to mean the bottom is in, but time will tell. Obviously bitcoin runs the crypto space and we need bitcoin to start making higher highs and...

CrypticTrading Updated 

Daily MACD is just BOILING with Bullish Divergence. Weekly MACD is getting close to a crossover! Have just settled on support from the $20 bottom breakout I believe bottom is in for LTC going into 2020. We could see some consolidation for months to a year before explosive bull cycle growth. Very few times does LTC get below the Weekly 200 MA and when it does it...

CrypticTrading

Not trading or investment advice. Very similar to previous cycle 2018 in my opinion, especially with the divergences. That does not mean this will definitely happen.

CrypticTrading Updated 

Run doesn't look sustainable from the bearish divergence in the rsi to the rising wedge. This is not trading or investment advice. Do your own research.

CrypticTrading

Not trading or financial advice. Bearish Divergence, good time for puts in my opinion. Goodluck.

CrypticTrading

This is not trading or investment advice but merely to see how the story plays out.

CrypticTrading

Appears the run could be over (for now) Watch the resistances and see if we get a bounce or break through before executing a trade position. This is not trading or financial advice.

CrypticTrading Updated 

Looks like a great time to go short. Many think this is an ascending triangle which would be bullish but you can see that top line slopes, making this actually a rising wedge (bearish) This is not trading or financial advice. Do your own research

CrypticTrading

Down over 60% from the highs of the year - no pun intended. Watch the final support area. I will be looking for strength there before deciding to enter. This is not trading or financial advice.