LTC, Battle of Divergences

4 พ.ค. 2018

Since my latest educational post on divergence (linked below) received a lot of attention, I wanted to show a looming battle in LTCBTC. I see both bullish divergence and hidden bearish divergence battling it out to the eventual breakout or breakdown of formation. Who will win?

4 พ.ค. 2018

บันทึก

5 พ.ค. 2018

บันทึก

upwards move, but watch for fake-out.

here is same chart on 12H for closer look

5 พ.ค. 2018

การซื้อขายยังคงดำเนินอยู่

6 พ.ค. 2018

การซื้อขายยังคงดำเนินอยู่

hidden bullish divergence all over the shorter timeframes suggesting continuation of new upwards trend... longer 24H timeframe looking like breakout of inverse head and shoulders formation, MACD about to crossover into positive... bitcoin action can always throw off any of these signals.

7 พ.ค. 2018

บันทึก

looking like we may test the wedge again for support...

10 พ.ค. 2018

บันทึก

if LTC tests the wedge again as support, watch for bounce and breakout of MACD

25 พ.ค. 2018

บันทึก

moving the goalposts...