jaguarchaman

jaguarchaman

Remko chart for keep it simple price moves. I think 32 usd its a near target.

jaguarchaman

# RENKO Litecoin History YEARS: 2013-2014 LITECOIN PRICES FLUCTUATION 4-49 USD 2014-2017 LITECOIN PRICES UNDER 49 USD. ------------------------------------------------------ 2020 Litecoin 46 USD. RSI under 50; still bearish. MACD near to zero axis and red histogra, : bearish. SQZMOM red histogram, bearish. I think we can se a drop of 50%-90% of value....

jaguarchaman

Renko show historical 29-39 usd price band. I think is possible have a 29 USD price this year 2020. If BTC bearish to 8K ( -20%) Litecoin may fall more than -20% because its more volatile than BTC. If that occur we can see a Litccoin price in 30% usd o less.

jaguarchaman

-Technicals: RSI can fall to oversold line can mean a fall to 7K-8K. MACD and SQZMom can take a extension of red histogram meaning a run out of capital. -Fundamentals: Psicological resistente its in 10K and 9K, if it falls can go lower. USDT can take bullish momentum, so that can have inverse-correlation with BTC price. Stroger usd = weak BTC.

jaguarchaman

Bearisg Bias. Rejection in the yellow line.

jaguarchaman

Acording to TA possible next target will be 8K and have a nice chance to bounce to 14K.

jaguarchaman

I thing according TA and Fibbo $48 usd will be a figth zone between bulls and bears. If this zone fails next target its the beginning of the Fibbo target in $20 usd. This escenario means a drop of 65% of actual price aprox.

jaguarchaman

This September I think bears will be take force. Todays engulfing candle can be the start of pull back Ichimoku Clound can be the resistance with a 1000 USD of deviation.

jaguarchaman

Graph explains the shorts and technicals. - RSI overbought means short - MACD fake bullish. - ZQZmom I am at te expectative. $48 Its a critical support if its breaks can't go the $20

jaguarchaman

I think LTC will go down. - Stoch RSI is overbought and last times it was a bearish trend, why no in this time ? - MACD isnt up of zero axis, so we are in the bears zone actually, - SQZMom can start a new round of red histogram next week, We need to see closely. - Fibonaccio. We are playing around 0.7 Fibbo, but if bears gain the battle can send the price to 1...

jaguarchaman

Its clear CME its manipulated de price again. 14K or 19K are the targets. Stay Very LONG !!!!!!!!

jaguarchaman

Market its completely in irrational exhuberance. No one technical factor for the last bullish only faith and fomo. So take your long long because FOMO EVERYWHERE ( newsletters, presidents, entrepreneurs, fanatics, ISIS, North Korea )

jaguarchaman

Fundamental: Belive that LTC and all criptos will be down this cripto-winter again. We are in pandemics, recession and people need to live in fiat ( currently ). Dollar will be fight with inflation, and new deals with Europe and LATAM are running. That can strong the green dollar shortly, Technicals: Like in Covid-crash march 2020, the indicators are in the same...

jaguarchaman

Look at the STOCH,. MACD and SQZ. Maybe Short

jaguarchaman

Simple. goning to 4 7K

jaguarchaman

SQZ will have more red histogram and MACD in negative zone ? STOCHRSI its overvbought. CME GAP starts in 9,2K to 10K, the are many multiples resistances to break but Fibbo and TA suggested a bearish patterns.

jaguarchaman

1) Fibonacci + GannAsecnding + GannDescending + Green Line Ichimoku = 9.5K 2 ) Fibonacci + GannAscending+ GannDescending + Red Line Ichimoku = 6.6K 3) Fibbonacio + STOCH RSI + FOMo = 13K - 14K I think the right option its numero 2 option. Because indicator are overbought and experience says that need to correct for next new highs. The fundamental its the...

jaguarchaman

I think can touch 9K-10K zone yet before 13K.