notice how important these fibonacci levels are.
Looking for consolidation from what appear to be another bottom. Huge spike up as Eth briefly touches another bottom. These bottoms look to be very profitable and a retrace like this is healthy to form a base for a new breakout.
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Looks like a good time to buy Litecoin. Looking at MACD for a cross and bounce back up.
I think its likely we will see eth retest the $83 range tonight to form a double bottom. Then resume an upward trend.
A Bullish engulfing candle just closed. With higher lows looking to trend back up. Fib ext is plotted.
Ethereum looking to start a new uptrend on a strong bullish engulfing candle, macd cross, volume, and bitcoin losing steam,
Next leg up? LTC Macd Bullish Cross. Look to see if we can break $35 this time.
LTC break out on volume. Lets see if we can break $32. Segwit 100% avtivation in 1 day.
News that several major crypto exchanges (Kraken, Poloniex) just experienced ddos attacks triggering massive sell offs and margin calls cause a decent dip in LTC, ETH, XMR, and others. Looking foreward I see a strong Bullish Engulfing Candle forming near support and a MACD cross. Looking to trend back up from hear.
Litecoin has formed a V Bottom and tested support. A strong Bullish Engulfing Candle has started the rebound. I have seen Sunday mourning historically show a lull in trading and the price testing support. I am looking at the $32.20 mark as a key resistance we may break then more back toward the $35 mark. Support looks to be around $29.85 to $29.30.
Bullish flag formed on 15min candles with high volume.
Litecoin (LTC) has formed a new Bullish Ascending Price Channel on 15 minute and 5 minute candles. Support is moving up and LTC is revisiting some key resistance areas from this afternoon and yesterday. Remember the market likes to go where it already has been. Crypto's are very strong right now both ETH and BTC at ATH. Look to segwit completion, coinbase...
Litecoin/LTC has formed a Bullish Ascending Price Channel, high volume, MACD cross, and News. LTC is reaching 100% implementation of segwit, has been listed on Coinbase, and is working toward implementing Lightning Network.
Eth is up approximately 10% today on two major bull runs on large volume. New support line formed?
Ethereum trend up on moving average cross and pennant pattern.