Look the 150 usd hap manipulation. Someone wants more newbies for cashout
Acrodding to Technicals like STOCH; MACD n SQZMOM a drop its possible after new highs in price. Blue bar patterns are previous cycles.
Maybe it will happen. Red circles are 19-Nov 2018/2019 bearish period and blue line its 2019 pattern. Square its 2017 bull run. look indicators are in the same position than 2020. My intuition hopes for short position because institution need to accumulate to lower prices.
Blue and yellow lines are 19-Nov 2018/2019 Litecoin historical drops and starts a bearish trends, will this year repeat the history ?
Blue line its 18-Nov-2018 Drop Yellow line its 18-Nov-2019 Drop Maybe this 18-Nov-2020 starts a Drop again ?
According to historical weekly candle pattern in Nov - Dec every year Litecoin drops around 30% and 50%. Red circules are Nov - Dec periods. I think we can see a red candle with native extensión this periods. Hope this will help u with another perspective.
LONG LONG AND MORE LONG ALWAYS BEACUSE BTC RULES, the only invest whom increase or decrease whit non-sense so LOOOONG
Non-sense price increasing, lot of fomo and newbies let impulse to 20K
BTC its overbought big operators will take profit, take care manage your risk. Hope this can give you some a good coin of view: - STOCH its overbought ...bearish ( dump to 5K ?) - Macd above zero axis...bullish (extension to 17.5K) - SQZMOM suggest a new bullish ( extension to 17.5K)
Only my sixe sense( hope it works fine ) :D When all traders are bullish big operators take profit dumping the price. I Invest in BTC since Feb 2017 so I gain some experience.
This is so bored, always bullish, and bullish and more bullish. Maybe 21K its posible this November.
Graph and indicators are clear in logarithmic view.
This macro view make me sense. Buy zone between 30-20 usd per ltc.
I expected a 30% drop of cyryptomarkets and LTC more maybe 40%-50% of price decrease. Fundamentals changed ( I know ) and now are more big funds (Sharks)and and noobs, sharks increase the difficulty and do traps for noobs ( people who expected astronomical returns or a Lambo with BTC "to the moon" ). In ohter hand, TA indicates that we are still in bearish...
Renko hace más sencilla la visualización de movimientos de precios. RSI dentro de lineas amarillas; esta subida puede ser falsa. MACD el histograma aun sigue debajo del eje cero: tendencia bajista. SQUAMOM sigue mostrando histogramas rojos; salida de capital. En la vista de la serie de tiempo entera observamos un triangulo formado por líneas que tocan...