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LTC breakout, buying opportunity potentialLittle more than a few days ago I posted a very similar breakout for XRP. The market answered and we sore some parabolic upward lunges. LTC has been slow to react to the overall bullish sentiment within the market. But as before, I've been monitoring it closely and awaiting a potential buy signal. Today, it looks as though there is an event, MACD and volume breakout to give us a very strong buying signal. I just wonder if we'll see the types of lunges we saw with XRP and whether this overall trend line breakout and orgasmic upward lunge that we saw with XRP will be typical with other coins. Perhaps LTC is next? I'm on the train, let's put it that way. Follow for more.
BITFINEX:LTCUSDLong
by cryptechcapital
4
BTC, could it be that simple?We've seen a surge of BTC of late, and a wonderful popcorn affect of a large number of ALTs, including some lesser known one. The upper trend line could act as resistance for BTC pushing it down slightly to complete wave 4 of 5. Not forgetting that this is only wave ONE of 5 of the highest degree of trend. So, we still have 2,3,4 and 5 to go to the upside. Forewarned, there may well be a little bump down as we buffet against the upper trend line but what goes down, must go up! Follow for more.
by cryptechcapital
1
USDCAD BULLISH PROFITABLE IDEA#USDCAD is at a bullish sentiment, what we can do from the previous price action is observed the previous Break of structure in the bullish direction. It is important to note hoe the break of structure took place , and as we see there was formation o structure which resulted in an impulsive market action resulting to the break, this area has been untapped till now of any pending liquidity in support of the bullish trend What to do ? Wait or the price action to mitigate this area and look for a suitable entry position based on your entry techniques, esp before the news. #all the best.
Long
by DIGITALASSETSINC
LTC the black swan?This analysis was done weeks ago and not much has changed. The channel is still valid. But, why has LTC not picked up the pace with the other tokens? BTC is flying, ETH is flying, even DOGE is in a world of it's own. But, LTC which has been one of the 'top 10' for quite some time is not seeing the elevation at all, literally not one bit. We need to see a push here on LTC for it to be considered part of the pack. OR, it's just biding it's time looking like a dead duck but actually has the highest potential of them all. Only time will tell. Follow for more.
by cryptechcapital
3
GBPJPY - Trend-Following Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPJPY has been overall bullish, trading within the rising channel in red. Currently, GBPJPY is in a correction phase, so the lower bound of the channel would act as support. Moreover, the green zone is a strong structure. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green structure and lower red trendline. 📚 As per my trading style: As #GBPJPY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2
SWEAT/USDT THE GOLDEN RETURNSWEATUSDT is exhibiting an intriguing volume trend that suggests potential for a break in the upcoming time frames. This coin is showing a distinctive increase in volume, signaling possible heightened market interest. Given the current trend, there's a strong possibility that SWEATUSDT could target a return to $0.025, with potential upward momentum toward $0,0094 - $0.012 followed by $0,017. Keep an eye on this one—its volume movement could pave the way for notable price action in the near term. As always this is crypto market with no guarantees. If the trend is able to get new confirmations will be able to follow it with updates. - Trade only when there is confirmations and depending on your plan only. ( if this coin shows the effect we expect then it can take days follow) follow this update for daily adds.
Long
by SatochiTrader
1
BTC - Market Structure 101!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. The BTC market structure has been very clean lately, which I find interesting. 📉Previously, after breaking below the last major lows (marked in red), BTC dipped. 📈Similarly, after breaking above the last major highs (marked in blue), BTC surged. 🔄If history repeats itself, and the current last major low marked in red is broken to the downside, we can expect another dip in BTC towards the $69,000 - $70,000 demand zone. Meanwhile, as long as the current minor low in red holds, BTC would be overall bullish short-term and further upside is expected. 🕝What do you think? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
3