Reasons to be bullish. 1) LTC is sitting on the long term 200 day MA, which it last held during the last bull run before crossing below in May of 2018. 2) There is unprecedented support at the $40 level. 3) This is the exact SAME range LTC was in before the run in 2017. 4) MACD is tightening and ready to cross 5) LTC is at the bottom of a rising trend 6) Rising...
As you all hopefully know, its nearly impossible to predict this market with TA. I'm just posting this because it was blatantly obvious and I'm a long term holder. Odds of this actually breaking out? I don't have my hopes up, but if it does I just need some proof to say I called it! lol happy trading.
The charts looks very different, I don't think we'll see the same sell off as we did in 2015, or at least not the same magnitude. It looks as if LTC has matured over time. What are your thoughts?
Trying to keep this simple, a lot of people over complicate their charts. Zoom out, and lets take a look at the bigger picture. Patience obi one.
I keep hearing a lot of support for a breakout, but I don't see the volume. I think we're more likely to break downward with heavy support around 10,500. If we break that then definitely lower. I've personally pulled out and plan on watching this very closely.
With recent news about Parity and the continue decline of altcoins before the B2X fork, I'd expect a drop in ETH down to 280 level. I don't think after the fork we will see exponential growth of ETH. Rather a steady incline to the 380-400 levels over a period of 1 month.
Ladies and Gents, this is my idea of a 6HR projection of BTC. Right now we are stagnant however, I believe the price will drop a little bit more before climbing again. I'm buying 12BTC at a time and shorting when I reach $10-15 earnings. This is extremely risky right now since the market feels very tender. IF a whale does come in and sells I see BTC dropping to...
This is my first chart, I have 0 experience on this, but am trying to learn.. With that in mind, I've been trading 5 figures in BTC since the rise. This is a short term idea of what I think the market will do. Long term I think BTC will continue to decline especially right before Sept 30th after China completely shuts down BTC. I do not believe however BTC will...