whatsinthecupsir

whatsinthecupsir Updated 

Whew... What a crazy last few days.. I hope you guys held strong, and if not I hope you increased your holdings trading this crazy market. Looks like we might not be done yet.. but we are finally moving sideways for the time being. Very short term, we are closing in on a flag, If we break 125, I put what I believe could be another buy zone at 118-123. We touched...

whatsinthecupsir Updated 

Litecoin bounced off the resistance a few times before completely blowing through our long term support (yellow line). Please check out my day 3 and 2 TA in the related ideas section to get more reference. With that support broken, we are approaching another key support of about 140. I have another buy zone (B) at about 140-143. We already reached 144 a little...

whatsinthecupsir

This is an update to my day 2 LTC TA (see related ideas). Thanks to the tether/btc fud, we are still in an extremely bearish market. Litecoin bounced perfectly inbetween my trend lines. It reached the buy zone i created at 160-162. I still consider this a good buy zone right now. But with anymore FUD this could go down even more. I have current support at...

whatsinthecupsir Updated 

Currently in a bearish trend, bounced off the upper trend line a few times already, currently we are stuck in the middle so it could go either way. If it continues to go down, we are starting to approach our long term support (yellow line). That is in the lower 160 range. If that support fails then we can easily the upper 140's touched briefly. Current...

whatsinthecupsir Updated 

Purple 5 minute trend lines are currently extremely bullish, support is at 192-193.50 , huge resistance at 200, if volume is large enough to break through then next resistance will be in the 210 range. If we break the current bullish trend then we still have some support at 190. In the chance that things completely turn around, the lowest i see it going is...

whatsinthecupsir

LTC/USD 15 minute chart currently bullish, short term support is at about 184-186, with resistance being at 197-200. Expect a pull back in the low 190's but if the volume is there then we can see a push into the resistance levels. If all else fails we get pushed into the bearish channel which is back into the 170's / upper 160's.

whatsinthecupsir

15 min chart looking bullish, current support is laying at 10500-10900, with resistance at 12250-12550. If volume is not there then expect support to be back in the 10k range, with a small chance of being below 10k, but i do expect to stay atleast in the upper 10k / lower 11k if things turn around.

whatsinthecupsir

Possible dip into the 10200's coming soon, bounce off support, next few days might be interesting