Look at this on the daily chart... There is a very clear trend line at the bottom where ltc/btc has found support once again which has indicated a rally each time till now.. Furthermore we are in a small triangle which could breakout very soon if this bounce of the bottom sends ltc/btc higher. After that we will be in the top part (at the end) of a massive...
Ltc pulled back to the 200 ema and found support for the first time in a very long time.. The 200 ema often signals the end of a correction so ltc might outperform btc in the upcoming days maybe..
We've confirmed the 50 and 200 ema for the 4h chart as support and my head and shoulders as predicted 9 days ago is filling out nicely.. And furthermore a bullflag is forming on the daily chart! I believe that this will most likely cause btc to break out to the upside out of the bullflag and out of the neckline of this head and shoulders and then rally to the...
I do anticipate a bounce coming of the ema's, out of the downtrend channel and then out of the neckline of the head and shoulders. If this happens a big rally could be on it's way for 2018..
So the head and shoulders form my last post dit break down and is now falling into this massive inverse head and shoulders. If this right shoulders will form it will most likely begin going back up from where the trendline AND the 21 Day MA comes together which offers great support. If we bounce from there I will be bullish on btc again.. However if it falls then...
With btc moving again we will have to wait and see if this is positive for ltc or if the btc dominance will rise again and be the best coin to own.. I believe in ltc and litepay and do think and hope that this will break to te upside
Btc bounced up a bit but found resistance at the 200 and 50 ema. My prediction is we will fall to the bottom of the right shoulder. If we find support there I do believe the head and shoulders will be completed and a big rally will be coming for btc.
Btc has found support on the 50 day ma and it looks like it might form a head and shoulders and then fall in to a huge inverse head and shoulders and then continue the uptrend.
On my TA it looks lite btc corrected slighty but has found support on the bottom of the downtrend channel! This looks good to me if we can maintain this support and not fall through.
Qsp broke out of a small wedge and is now continuing up to the top of this big downward wedge. It had also surpassed the 50 MA again and if QSP manages to break out of the big wedge we have a minimum of 100% gains coming.
