LTC could break this triangle soon and that would give us a good projection for profit.
This is my view of Litecoin. From what I see it has been for the most part trading in an upward channel, I could see this continuing over the next couple of months, giving traders buying opportunities near the lower trend line and selling opportunities near the upper trend line. I have not really been trading Litecoin, I am in it more for the long-term (min. 1 to...
So yesterday I proposed a channel. Without putting too fine a point on it: I was wrong. The channel itself was correct, but I missed the outer one. That's a risk of working off of limited data, and why I generally try to avoid working with the hourly too often. Here's a second attempt. It still has some of the weaknesses of the first (limited data) but seems...
Take this TA with a pinch of salt -- trying to extrapolate off of a 24 hr period is a bit silly, even before we factor the 2x stuff into it. I usually look for more long term trades, but found this interesting so figured I'd share it. With those caveats out of the way, we seem to be in a nice upward channel in the past 24 hours. Next resistance point is around...
LTCUSD-Exit from triangle - i expect rise, but it is crypto coin )
The TradeAlertSystem (TAS) aims to pinpoit entry (Enter Trade Alert) and exit points (Exit Trade Alert) for long and short positions for short day/intraday trades based on a powerfull algorithm running on background and picking the best entry and exit zones for the trader. All the trader has to do is follow the email alerts the system sends, no more endless...
The ATS aims to pinpoit entry (blue bar) and exit points (white bar) for long and short positions for short day/intraday trades based on a powerfull algorithm running on background, and picking the best entry and exit zones for the trader. All the trader has to do is follow the email alerts the system sends, no more endless hours of looking at charts trying to...
LTC showing bullish divergence on MACD + RSI, bullish wedge forming at this level. With Bitcoin looking bullish Litecoin is ready to follow, watching for a quick breakout if we get some volume. Re-evaluate the trade if we hit T1 otherwise letting the tight stop hit and look for a remount play Normally dont go for small time frames but this looks like a good RR...
take profit 1 : 52 take profit 2 : 57 take profit 3 : 65 Good Luck