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LTC Breaking Resistance LevelThis is a bit of a longer term outlook with LTC on the weekly chart. You can clearly see a proven level of resistance that was just broke by a huge bullish engulfing candle. Go to a shorter time frame chart (4H / 1D) and watch for a retest of the resistance turned support. Wait for confirmation and long towards the upper resistance around 145. Keep LTC on your watchlist and wait for a bullish / bearish trend on the 4H chart around the resistance level. Current price is around the neckline of this consolidation zone.
BITSTAMP:LTCUSD
by ChigzTrades
DOWN ON UPTREND LINE THEN PULLBACK UP - VERY SOON - AAPL - DAILYFrom the last analysis on the AAPL we can see that the market has decided to get out the range on 30MN for a very long uptrend. The last decisions have impulsed the price of AAPL in an exponential move. BUT, we have seen last week a push from sellers, a very strong one, probably showing a zone in which you can start thinking of taken your profits. The former resistance center dark blue uptrend line becomes now a strong support. The is strong probability to see the market coming back to it for a pullback. Still, the market have some room to another horizontal level, less like ly to happen now, but still possible, it is markets by a black dotted line with red dots at the end. This level has been the key point where the buyers kicked out all seller. They then disappeared, now they are back but different people, those present now are the ones getting there profits from the last exponential move. The next month will see some nice movement on AAPL, all the red lines on the graph are probable good entries for a long direction trade, that is why this post will be market as a LONG direction probable trend overall even if we will see a little slope before the next rise.
NASDAQ:AAPLLong
by Diallo_Charts_Ideas