Especially, with what I'm seeing with my Phoenix TSI Short Cycle and Long Cycle indicators in the 4-Day and Weekly time frames; we certainly look like we could pump soon. Yes, there is a chance for one more small dip (shakeout) before lift-off. Other than that, I really don't see anything in the indicators signalling any kind of lengthy bear market any time soon.
A clear head and shoulders pattern appears to be forming for KRAKEN:LTCUSD. I’ll be waiting for a break below the neckline to enter a short and target $62 - $64 range with a stop around $92.
Beautifully setting up for the upcoming week -daily and weekly bars closing soon. Accumulating on these pull backs, and targeting at least $100-105. BTC provides support and we could actually shoot all the way ro $140-170!
A typical wave 3, wave 5 seem evident with small correction to follow..... Made a higher high on lower volume, lower rsi, lower price oscillator. Is it headed lower for a correction?
uhhh so I have no idea why I have NEVER NOTICED THESE ALMOST IDENTICAL TWIN BULL HEAD AND SHOULDERS UP AND DOWN, BACK AND FORTH OVER AND OVER AND.... WOOOOOW! If you cant use #information angle lines to quickly assertain the current pattern that Litecoin happens to be rinse repeating in, GIVE YOU $$$ to A PROFESSIONAL EMMEDIATELY! my 5 year old spotted these...
-Litecoin price retraced from strong resistance at 107 $ and is searching since then for a bottom.
-I expect bottom building at up trend support trend line in drawn buy area 1.
-Price holds currently above middle bollinger bands which is bullish indicator if the next 4 hour candle
holds above as well.
-RSI is near up trend support line. Expect fast down movement...
Litecoin has lately made a significant bullish move. It also made the RSI overbought, which is for us a signal that a bearish correction is coming soon. The bullish move can be subdivided in the five wave Elliot structure. As it has completed we are expecting a correction. That are two technical sings that a bearish correction is coming. We do not trade...
This seems to be forming a head and shoulders pattern. It would be smart to wait on this and then short for some good gains.On my last post I was looking at a long position and I was right on the money! Now we are still waiting for this to hit the TP to then take the short position.Shorting around 92.000 would be a good idea.
Quote: “The goal of a successful...
Title says it all - Charlie sold at near ATH to "retail suckers" and took down all their money. See you at an eventual LTC $16. Do your own DD. #crypto #trading #fintech
First things first. I do not care what you think mr London555 or whatever your name is. So don't bother. Same for your sock puppet account.
This is just a possibility based on what is in the charts and what is "in the air tonight".
LTCUSD has dropped and appears to have caught some support as it has made a higher low. The chart tells you what we need to close above and what to expect. Im not personally in an LTCUSD trade but it looks like it wants to test the high for now. Not financial advice. Trade safe.
All those irritating adverts that buoyed the spirits of Joe Average. So let's see... Is Litecoin digital silver? Well, yes it is. In fact, Litecoin is much more toxic and as a top 10 coin is perhaps showing the direction of crypto into the mire...
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