LTC SURPRISE MOTHERF-
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Took me by surprise and can't believe I had already charted it. Didn't trade it cause of following up on Bitcoin, Ethereum and Monero.
Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.
Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.
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First targetNota
New target. This looks better:0.0099
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Might not be a target, just a pivot line. This could bring it down. Let's pay close attention to it.
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Sorry wrong link:Trade attivo
Short now, buy a bit lowerTrade attivo
Going down... good boy...Trade attivo
Another possible leg up!Trade attivo
Possible bull flag confirmation!Nota
By the way, I'm sorry for not having followed up the previous updates. I fell asleep after updating BTC, ETH and XMR for the whole night.Trade attivo
Elliott Waves + Bull flag formation in an uptrend seems like bullish signs to me.Trade attivo
We're approaching the Pivot point. I think we're going up, but this could also break down, don't get too confident.Trade attivo
Place your bets. Red or Green hammer? I say green.Trade attivo
Pivot did not activate.Let's see what happens with this triangle now:
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Triangle broke up and it hit two resistance lines. I think we're going to bounce at the tip of the triangle/FIB line!Nota
It went up a bit further and went down by the pivot line!Trade attivo
It has hit the resistance again. If the resistance doesn't break, we're going higher.Nota
Previous resistance line is actually a support line now.Trade attivo
LTC is getting ready to hit some support.Nota
This is actually a better view:Trade attivo
Seems like the support line is actually working!Trade attivo
Rectangle bottoms. We're going up again.Trade attivo
We're about to Pivot again!Trade attivo
We're now inside the pivot. Green or red?I say red.
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Pivot was down but it didn't to have had much effect. This is good.Possible targets in the next couple of hours:
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We broke up. And hit new resistance. I just sold some and waiting to buy back lower.Trade attivo
It was a perfect short.We just hit the resistance again. I'm waiting to buy just a bit lower.
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Seems like a trend reversal to me. It should break up very soon.Trade attivo
It went down but pivot lines are working very well:Trade attivo
We went lower than I expected. Although it seems we're about to come back!Trade attivo
We did not come back as expected in the previous update. The reason is not related to Technical Analysis, but to fundamentals.Bitcoin news came from Japan. They are ready to legalise it tomorrow:
coindesk.com/japan-bitcoin-law-effect-tomorrow/
This brought the price of LTC down to the lower Gann Fan level. Although it seems we're coming back up again...
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It's coming back up and LTCUSDT gives us another perspective.Breakout of the pendant and about to get a second green pivot:
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Will this pivot break the resistance?Trade attivo
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LTC signals SEGWIT!PIVOT was also GREEN!
LTCUSDT going to the moon!
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LTC just hit some resistance and some support:Trade attivo
Looks like LTC is going to keep going up.Zooming out...
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This could be a bullish pennant.Trade attivo
The pennant seems more and more like this:Trade attivo
The bigger pictureNota
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This pennant seems more likely now.Trade attivo
This might be my final setup until breakout:Trade attivo
If you are not long with LTC yet, I'd recommend to long between 0.0057 and 0.0058. It also seems like the TP for this next stage of the rally will be at 0.0088.Nota
If LTC were a Hollywood actor, it would be this guy.youtube.com/watch?v=PBXVYM4zlDg
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We went down similarly to what I described.This is my setup to buy back in:
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Added more curvesTrade attivo
We're going up now. It's consolidating so I just went long again.LTCUSDT also seems to be preparing for a run-up.
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We're going up!Just as expected.
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LTCUSDTTrade attivo
Stairway to heavenTrade attivo
We're about to shoot up!Trade attivo
This is a better curve. We're about to launch to the moon.Trade attivo
Zooming in before breakout.Trade attivo
LTCUSDT moving just as predicted in my previous update.Trade attivo
LTC LTC has found good support at the Gann fan. This is a good entry point:Trade attivo
Just hit some support. Still on track.Trade attivo
LTCBTC broke out of the bull flag and it's ready to visit ATH.We just finished the first stop. I'm going short at 0.008 and ready to buy back lower, to keep going higher.
USDT setup shows a good selling point would be $9.50.
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Closing up, after leaving the flag behind, there is still need for more correction before visiting new highs.Closing up on LTCUSDT
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Yes, it's playing out pretty well.Trade attivo
LTC is looking very bearish to me in the 15m chart. I'd short it.Trade attivo
next pumps: xrp, bts, strnext dumps: eth, ltc
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Coming back from the dump, we can see LTC testing resistance.Trade attivo
Not trading it at the moment.Nota
Looking at the chart again, I think it's possible we'll see a 0.01 by the end of the day.Trade attivo
Thinking about going LONG again at 0.0072.Trade attivo
LTC could be testing new highs today.Trade attivo
Seems to me it's going down now. Looks pretty bearish.Trade attivo
Yellow flag upper resistance seems ready to bounce it back up. Dip buyers, pay attention!Trade attivo
Still on track. 0.000066 for a nice dip buy.Trade attivo
I meant 0.0066.Trade attivo
I am sorry for not updating in the last few hours. I had internet problems the whole day and just could get back to the chart.What I see now is a possible retracement. We have previous red pivots located at three previous FIB Time Zone lines. This could be a good opportunity to short and buy lower. I think we're going to keep going up later though!
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To be more concise, we're still going up anyways, I just think this is a small stop/retracement to keep going up later in the week.Nota
Watch out for when the green candle touches the red pivot... there might be blood.Nota
It has lost momentum. I think the Pivot will really take it down:IF it goes down, buy back at 0.009.
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If the trend keeps going up, I expect to reach highs up to 0.0142.Trade attivo
Moment of truth. This is become more and more red. I'd advise to short it!Trade attivo
Here is a close up of the Pivot Point:I think going LONG is the right thing to do at 0.009!
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Rising wedge formation after a negative pivot. I think LTC is ready for more doom!Trade attivo
Possible Head & Shoulders to continue downtrend.Trade attivo
Head & Shoulders failed. Now we have a bullish pennant. I think we're going up now.Trade attivo
It's about to break up!Trade attivo
It went down but quickly recovered. Fractals show a possible positive continuation of the trend.Trade attivo
The previous resistance is now a very strong support. Also, we just bounced back the Gann fan support. Two supports seems to me like we're going up!Trade attivo
Litecoin seems to be ready to break the Fan level and go to new highs, around 0.014. Let's see how it goes!Trade attivo
Litecoin, with the rest of the alt-coins, is finally ready to take off. This is the setup:Nota
TP: 0.014.Trade attivo
Seems like a good support. TP still 0.014.Trade attivo
Testing support again.Trade attivo
Support confirmed, it seems...Trade attivo
Pivot point worked!We're going up it seems.
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LTC about to break up?Bigger picture
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Broke up!First target at 0.018.
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LTC could be ready for a new low to continue bullish tendency afterwardsTrade attivo
BitPivot.Trade attivo
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Pivot seems to have worked.Trade attivo
LTC / USDTTrade attivo
Pivot worked!Trade attivo
LTC will probably retrace to the lower fan level or to the lower support level at the bottom of the channel.Trade attivo
BitPivot seems decided to bring LTC down.Trade attivo
I think BitPivot has taken a decision.Trade attivo
It could also be consolidating to go up.... let's see what happens.Trade attivo
Went up and then had a small correction. Seems like a good opportunity to go long before BitPivot takes LTC to test the upper resistance level.Trade attivo
LTC is about to get hit by BitPivot to reach new highs.Trade attivo
BitPivot attacked last night. Now, fractal logic suggests it's time to go LONG.Trade attivo
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Still weak and we're inside a descending channel. We will break it up, but we might touch the bottom at the next FIB level.Trade attivo
Still bullish. Look at this beautiful pennant in the 4h chart.Trade attivo
I will continue updating this idea in the new chart:
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