Wave 3 is about to start it means that we still have more time left from this bull cycle. Highlighted in yellow and pink are the macro waves.
Hello Everyone , If we take a look from a macro perspective we can all say with certainty that the bull run began and there is still more time for things to go up. Even though LTC is lagging behind BTC and ETH still remains strong in the top 10 contenders on the coinmarketcap. Institutional investors like grayscale see the opportunity in LTC at this low prices...
Hello Everyone , If we take a look from a macro perspective we can all say with certainty that the bull run began and there is still more time for things to go up. Even though LTC is lagging behind BTC and ETH still remains strong in the top 10 contenders on the coinmarketcap. Institutional investors like grayscale see the opportunity in LTC at this low prices...
Hello everyone, If we extrapolate the ETH run from 200 to 400 in 12 days back last year and we compare it to the actual LTC run will bring us to the same levels around the end of this month. Worth noticing that LTC run is starting to look similar to that of eth since the 10 feb. Also if we take a fib extension from the last top of 184 to the dump levels of 115...
Hello everyone. A posibile cup and handle forming with the neckline at the 154 resistance line. If we break the neckline will bring us to the previous levels of around 180 from the 10th jan. Than we will have a consolidation between 185 an 175 levels before having another leg up to 200-210 levels hopefully by Sunday evening. If we have this outcome a green week...
Hello everyone , even if we had a close to 40 percent dump (corrections like this are normal even in a bull cycle) my previous prediction still stands and i am still confident that this week candle will be green as the next and LTC will try to reach ATH levels by the 25 jan. We got dumped out from the falling wedge but the bulls will try to get back in by the end...
Hello everyone , If we look back in history at the previous rally of 2017 at the beginning on the weekly chart we had 6 consecutive green candles before touching close to the previous ATH and had a 3 candles retracement. At this moment we are in the 4th week of consecutive green candle, that means that in another 2 candles we will reach our previous ATH or close...
Hello everyone. This is my forecast for the end year and the beginning of January. Please note that in January and February everything will speed up as highlighted by the blue curve. Take care and have a good trade. Happy new year
Target the green rectangle , after that i am expecting a retracement to 100-110 level . Have a good trade
Hello everyone , After LTC made a local dump to the 200 MA after a week of consolidation around the 50 MA. At this moment i am expecting a decent bounce from the 200 MA which is acting as strong support. The volume must rise in order to send us back to the previous resistance area of around 92. On the way back up the 50 MA can act as resistance and depending on...
As posted yesterday ,ltc reached the target ,touched the 50 MA and the right shoulder is forming right now. Long from here , waiting for the high volume to pick up . Next target 120 top of the ascending channel. Take care and a good trade to all .
Hello everyone as i mentioned in my previous post LTC bounced on the 200 MA. Up till now we had a high volume but the ascending is slowing down. LTC will probably find resistance on the previous point around the 92-94 area and will make a short descent to retest the 50 MA again where it will find support and form the right shoulder of the invert head and shoulder...
LTC found support from the 200 MA on the 4 hrs chart . On the way back up the 50 MA could act as resistance . Thanks
Hello everyone, We experienced a 25 percent dump today right on the 0.618 fib retracement a descent to 72 . At this level we are experiencing long wicks on the 4 hrs chart which indicates that the traders that took profit are starting to buy back. A rebounce at this level is very likely. If not, next resistance should be the 200 MA which is standing at 65.4...
Good evening , LTC is currently trading up from the 50 MA which is looking very strong. Bulls are preparing to move Ltc for another leg up to 108. Have a good trade .
Hello everyone, Ltc found resistance on the upper part of the ascending channel yesterday. We had a Fib retracement to 0.618 and the rsi deflated, LTC reached the middle of the channel waiting to pump again. Take care and have a good trade
Hello everyone , as I expected in my previous post LTC made a good run and climbed to the top of the channel were it found resistance at 71.5 . From here i expect imediate consolidation and retesting of the upper chanel resistance line. RSI is in very good position right now at around 70 on all three 1 hr, 4 hr and 1 day time frames. with high volume. My theory...
LTC is rising from the multiple years triangle pattern . At this moment is retesting and consolidating up from the trend line. Also the 200 MA is working great as resistance and we had a bounce on the 4 hour chart. Expecting to rise and reach the top of the channel this week or the next .