amanje

amanje

Hello everyone! Boy, what a ride! Looking at the 4h chart, we can see that LTC has met my target at 155US and bounced off the lower part of the descending channel, as I indicated in the my previous post. What we can expect now is a rally back up to the upper part of the descending channel. Beware of the 78.6% retracement level as that is our major "obstacle" now....

amanje Updated 

Hello everyone! We have just reached the first target at 165USD (78,6% retracement). The following target is the lower part of the descending channel , 155USD. Bear in mind folks, that today, March 14th is a key date due to the closing of CBOE -3.15% -0.58% 3.88% Bitcoin Futures -3.80% -1.76% 8.65% , contract XBT/H8. This is scheduled for today 14 March 2018...

amanje Updated 

Hello everyone! We have just witnessed the breakdown of the bearflag. First target now is 165USD (78,6% retracement). The following target is the lower part of the descending channel, 155USD. Bear in mind folks, that March 14th is a key date due to the closing of CBOE -0.58% 3.88% Bitcoin Futures -1.76% 8.65% , contract XBT/H8. This is scheduled for 14 March...

amanje Updated 

What's up everyone! We have good news! Looking at the 4h chart we can see that Litecoin has just pierced the EMA 50. This is good news as that was the only obstacle left on the way up to the upper part of the Channel. What is expected now is a rally of LTC up to 200-205 USD approx. and back down to the lower part of the descending channel. We have two key...

amanje Updated 

Hello everyone! So, we have just completed the Head&Shoulders Formation. As you you can see, LTC is behaving pretty much as it did when it touched the lower part of the descending channel on Feb.23rd. What is expected now is a rally of LTC up to 205 USD approx. and back down to the lower part of the descending channel. Bear in mind folks, that March 14th is a...