Ichimokuchart
Litecoin (LTC/USD) is poised for a bullish reboundIt appears that Litecoin (LTC/USD) is poised for a bullish rebound within the coming days.
The 100-day moving average suggests its been in oversold territory for quite some time (all of 2018), while the Ichimoku Cloud is depicting a pattern of bullish momentum.
I wouldn't be a bit surprised if a breakout occurs within the next few days to around the $50 price mark. Happy Trading!
Kiwi dominating the EU? Ichimoku EUR/NZD setupWe've been on a nice bearish breakout and we've broken previous price structure lows so I am expecting some more bearish movement with this pair. I am setting an entry as a break below our current candle, but as an alternative we can also look for a rise and rejection at tenken sen since we've been holding it so well on this bearish trend. I am targeting the flat kumo on the left side of the screen. We may even push further than that, but its a good intermediate target to aim for. If we fail to form a lower low or find resistance at tenken sen then this setup may become invalidated.
