LTCETH trade ideas
Will LTC repeat Nov - Dec 2017 pattern, and then break out?Descending Triangle nearing end. Likely Bull break for LTC.
If LTC repeats history we will see at ATH in near future, then trace-back to lower levels or maybe upwards to 0.89 Eth.
Concern is Volumes. Not seeing the Volumes coming in yet.
What do you think?
LTC vs ETH Trade IdeaLTCETH first time trying out an ETH trading pair against LTC. As you can see at the daily, RSI has been at the all-time low and LTC may be ready to bounce back up anytime soon. Litecoin has been lagging behind the market so it may be moving up soon, pulling this trade pair up. Good chance to increase my Ether count, and I don't mind holding LTC either. :)
TP1 at 0.3 ETH
TP2 at 0.4 ETH
No stops for litecoin :C Buyers Waiting and watching!LTC has busted through a major support point, nothing else to expect but a major fall as buyers are not interested just yet! If you're in LTC my sympathies as the bear mask is still on. In hopeful news we're approaching a very strong resistance point, and from such a downtrend we can expect a bounce as buyers wait and watch!
Keep LTC in your thoughts for the coming days and don't miss some great profit! Trust me I travel through time!
Be sure to check my google sheets where I record every idea posted here, you wont be disappointed. Following my signals you can expect 3 things, BIG Wins, Small Wins, Small Losses. A track record of accuracy with proof always provided with complete transparency.
docs.google.com
Looks like a Bullish flag so farIt shouldve swung down to the Support but since it didnt thats Good sign #1
Good sign #2 is that the last few candles cant keep their losses, they have long whicks on the bottom meaning Bears tried and tried but Bulls came out and kept closing near the tops. lets see if the Bulls can keep pushing to the top and eventually hopefully it confirms a Breakout.
i will date in 4 hours. Today im going to organize everything so i dont randomy keep posting ideas and forget about
them
its not rocket science people, it was going one way now its....going the other way until it stops going that way, and when it does you know because ittl either break the Support or stop making Higher Highs and Higher Lows.
You Draw Some Support line
you draw some Resistance lines and let the trend go, it will tell u if its weak or strong by the amount of higher highs and higher lows getting larger or smaller and will tell you its consolidating when it stops making higher Highs, but until it makes Lower High assume its still trending up and consolidating if going sideways due to profit taking