LTCUSD - A look in the past and prediction for the future.Looking at LTC, the monthly is obviously dissolved but there is STILL room for growth. Litecoin is a long term hold and not something you want to miss out on! There is not much reason why it has not surpassed its ATH, considering the quick growth it is going through currently.
Levels to watch are: $150, $200, $250. Make it easy for yourself, my thoughts are it's going to eventually hit $1000. 1 BTC = 100 LTC at 100k. Don't underestimate the power of the bull, you are in life changing times.
LTC has dragged during this bull market and only did a solid 4x from $70-240. In the crypto market, a 4x is nothing. Lets prepare for coins that held strong during dumps throughout the years and keep an eye on this prehistoric gem. The last thing you want to do is be left trying to short the top like the naysayers. If you missed out on $BTC, don't miss out on $LTC.
Leverage
Bitcoin: Fast Update & Trade SetupBitcoin isn't safe at all right now. The best thing to do is standing back just to watch what happens.
But for those who wanna open positions: Bitcoin isn't stable at all, so it might collapse down to the 52K areas. (As shown on chart)
If you're looking for a long position, do it when it's back to an uptrend channel. This happens when Bitcoin closes a 4H candle above the resistance levels. then long for the TPs. (My advice is taking as little profits as possible... Don't risk it.)
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BCH READY TO TAKE FLIGHT!Hello Community!
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BCH/USDT has successfully broken major resistance shown by the trendline in the chart. MACD attempting a bullish cross. RSI made a higher low. We can expect steady grown from here.
This is not Financial advice.
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Simplicity Wins
BTC Now Or Never!Hello Community!
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BTC Is trading right next to the major resistance which was recently broken with the Elon Musk status update. Since then price has fallen back into the triangle but has been staying very close to the top. If we can get a solid break above this line for a textbook S/R flip we can expect a healthy growth to retest previous A.T.H. If we get rejected then we will continue to move lower to next major support which is around 30k.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
EOS/USDT Active!Hello Community!
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Lets keep it simple.
When taking a look at EOS / USDT on the Daily TF, we can see it trading back in a parallel channel I drew out in a previous post. It is currently making a go at the top of the channel and if it breaks out decisively we can expect to see a nice run to the next resistance drawn out, which is about 20%. This is a very active coin that seems to not shy away from 20% movements frequently. With that being said. If it fails to go through the channel I can see a move to retest the bottom, and you can guess that percentage or just look at my chart. lol
This is not Financial advice.
Safe Trading, Calculate Your Risk/Reward & Collect!!
Simplicity Wins
Btc Will lead eth and crypto to correct?Hi, i share some idea about btc and eth before.
Seems the Same. I think in 1h chart we can see some indecision making lower high and Same low, that seems another descending triangle.
I would Like to make u see on 1w chart the rsi formation seems a really bad rising wedge.. yes im maybe the First to use pattern on rsi, but let s see :)
For now Same as eth.
Can short now (31700-31890 usd) Lev 5x and set stop at 33100. Dont invest to much .
For profit i see Good tp in 27000 area and down to 25000 area. If break can see massive sell off to 20000
BTC ❗️❗️ Critical Decisive paths!Yesterday BTC aims towards local support ( orange line). After trying to attempt this support area we started seeing a nice uptrend.
Scenario 1 👉 Currently you can see BTC is forming this small rising wedge towards new ATH major resistance area. the 24 - 24300 area. This resistance area marks a critical resistance target. If we close above 24300, we can expect to see a trend towards that channel resistance. (red line)
Scenario 2 👉 If we see heavy rejection from this area, we can expect to see a break in the rising wedge. Which will lead us towards next local support zone(orange line.)
If support can not hold at the 22300 area 20,500 support would be next target.
📣 BTC is very volatile and coins are getting moved around exchanges. Entering only after confirmation of rejection at resistance or break in resistance would be your best option.
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