RSI on the daily is in the NINETIES. Volume Declining. Provided a lot of areas of interest bases on fib extensions that line up with support and resistance zones. This is a potential Short Trade Set-up. Followed by a monster long set-up. A nice 2'fer. This is not financial Advice.
RSI is 68 and appears to be trending downward. ABC correction possible on the 4H timeframe. Puts the price action around the .5 fib which is a large area of interest. Purple box is where I am watching the price to reverse to buy on the way up. NFA Do your own DD
Idea is simple, so is the technology. NFA Novice Trader here
Tripple Top Entry 26-39 range Hold to 2024 900% return NFA
Thought it would be cool to overlay the regular fib retracement over the fib circles. This is just for a fresh look at something. Happy Holidays to all!
I am curious to see how this situation goes. It seems like LTC needs to cool off on some of the lower time frames. But here on the 4 hour, the stoch rsi is low and turned upward, and the price action is respecting the minimum .236 Fibonacci level. The general trend is up, so my bias is another pump. Only time will tell.
Looks like you want to do what you did in 17. going neutral here. this is exciting! This is a reference chart for me. feel free to use it.
Laid out pretty simply, not much to say. The breakout would meet the next resistance cluster pretty darn close. Who knows.
LTC is going to cool off into the fibs for a few short candles. then... looking at 93.03 for next resistance. stoch rsi has room to drop, with a quick incline following.
Blue horizontal line is my next target for LTC to grow against btc. Looks like we are getting a retest over resistance now with a possible continuation impulse. Not financial advice. Do your own DD. Good luck
I have a sell order in at 70.40 We are ready for another pump as this bull flag finishes forming.
Targeting $64 after a breakout of the triangle. LTC trading in a channel.
Expecting a rise from the bottom of this channel, with a potential for a third touch making the top line valid who knows nfa
Buy after the retest on the way up. Entry: 58 Targets: 1. 62 2. 64.80 roughly 10% return short timeframe not financial advice
Ltc appears to be forming a bearish pennant on the 4 hour chart. It looks like it will fall and form a double bottom on strong weekly support between 45 to 41. Short to 45 or lower.
This descending broadening wedge will likely get a test if the square in the chart is broken. I am expecting another long opportunity after the rejection from 17,500ish Last time we had 17,500 it was a very lucrative trade relative to the timeframe. No financial advice, for fun
Potential elliot impulse wave within this rising channel. For fun, not financial advice.
I don't think this level will break, but I will be monitoring price action around the 19,500 support area. Expecting a bounce off of the 2017 High. If it breaks, hold onto your hats. Not financial advice.