Step #1: Make Sure Your Chart Setup Configuration Looks the Same as our Price Chart
Step #2: Wait for ATR Indicator to break above 20-EMA
Step #3: Check the Price Chart to Ensure the ATR Breakout is followed by a Price Breakout
Step #4: Enter Short Once we break Below the Low of the Breakout Candle
Step #5: Your Take Profit Target should be Equal to the ATR...
This one is self explanatory. Watch for 0,46 level. Breaking 0,50 will confirm the breakout per my previous TA. (Target 0,80) Breaking down 0,45 level will confirm dump and if so we could very well see sub 0,31 level.
Trade safe lads!
(yes, per my theoric 45 days cycle, next one due late july early august)
Quick idea - Using the fibonacci time zone tool and placing the first two points on the start of an upward wave and on the end of the low,
we can see how perfectly the other vertical lines have lined up with other future moves. The number 13 vertical line is fast approaching, which
may indicate the start of the next move. A great wait and see for a potential 8%+...
Hello everyone, Bitcoin has just reached $ 7,000 per coin and domination is 59%. According to the logic, in the near future there will be a transfusion of a part of bitcoins into other projects, in order to increase the number of bitcoins. After analyzing future events, I realized that the more likely scenario of money transfer will be LTC. There are several...
Wedge morfed in an inverted head&shoulder with its neckline leaning to the right. It borke out quite good. Target is mentioned into the chart. You better move your stops fast with this one. Medium term I'm neutral.
Horizontal Support, Bullish Pennant Trendline Support.
Combined strength of these areas of support, together with the macro bullish trend of Bitcoin, should push $BTC up once more in at least a short term swing trade.
Meanwhile, altcoins appear to be regaining some strength as evidenced by increasing resilience to pullbacks by bitcoin,
Time to accumulate?...
Hello my dear Litecoin trader, please allow me to share this trade with you as promised... Thanks a lot for the amazing support.
But before we get started, let's remind us of a few points:
TIPS TO BECOME A BETTER TRADER
Always diversify: Split your money between several different trades.
Have a plan: Plan your strategy before you start trading.
Hello Traders, welcome to my Litecoin halving chart.
Litecoins mining block reward halves every 840,000 blocks which takes roughly 4 years to reach. I have added the halving dates onto this chart to see if there is any correlation between halving dates and price movement. In theory a halving event will start reducing supply which could increase demand.
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Slowly bearish moving market..
Sideways formation after forming new highs.
Very bullish push without any pullback, price slowed down. Good short entrys now!
The Litecoin Foundation has announced a new debit card. The soon-to-be-released, special edition card will enable users to spend their cryptocurrency either online or in physical store locations, anywhere in the world where major credit cards are accepted. The card will support Litecoin (LTC), Bibox Token (BIX) and Ternio (TERN).
The special edition Litecoin...
LTC is gonna need a bit more time to continue its breakout patern. At best I think we can form a double top to retest 1800 by early June - however with BTC trending sideways - LTC will be taking a back seat and cooling off over the next few weeks.