Ravich000

Ravich000

LTC could outperform Bitcoin this year if history repeats itself and we are currently at an area where it's easy to manage risk. I've been looking at this chart for quite a while now and finally decided to pull the trigger today. It honestly looked even better mid-Februay when we had more help on oscillators but argument for bullish divergence and falling wedge is...

Ravich000

Looks like the local botom is in at 46k. Even assuming the bearish scenario where we're painting a bear flag of sorts - why wouldn't the price re-test upper trendline of the channel around 53k or at least the heartline around 50k before another move down? RSI also seems to be in a channel of sorts and it's bouncing near the bottom of the range in oversold area.

Ravich000

LTC held parabola on the daily timescale really nicely at critical historical support around $180. We could see some consolidation here but the overall long-term uptrend seems to be very much intact and maybe we are seeing beginnings of Hidden Bullish Divergence starting to develop on the daily chart as well? My target on this asset would be eventually around ATH...

Ravich000 Updated 

SPCE bounced off of a sloping support at the bottom of ascending triangle bullish continuation pattern (bull pennant), looking like it might be a good entry for long trade as we are currently still sitting close to that suppot. Based on historical performance rally can be expected up until the day of scheduled test flight (February 13th). Fibonacci Retracement...

Ravich000

After full month of consolidation LTC broke out of the sloping resistance and then backtested major iceline at $145 for support (swing high from June 2019) making a higher low and bouncing. This confirmed Hidden Bullish Divergence that developed on both oscillators (MACD and RSI) that already started to play out earlier today. LTC seems ready to go much higher...

Ravich000 Updated 

Potential Cup and Handle pattern formed on 1h SPCE chart with day closing at what seems to be the bottom of the handle. Possible bullish divergence forming on MACD (higher levels of negative momentum while price makes a higher low) and the fact that the price found support at minor trendline seem to add to the bullish argument. Smaller timeframes are typically...