Litecoin / BitcoinShort
LTCBTC mid term and short term Analysis
Hello everyone.
OK, so actually when we had looked at the Triangle in downtrend price of LTC, It was obvious that the price is going to dump down very soon, when we had looked completely into charts and indicators, we have understood that the price in midterm will go up.
so let us explain all the things about LTCBTC to you, so be with us for complete analysis and please read all of the text:
Daily TF:
Volume: the volume shows us that in September lots of big players have bought LTC and they are still waiting for good chance to close their positions.
Macd: this indicator show us that its very tight and the signal line is heading down and its really good signal for buyers and also we will go on upward pressure and down pressure is finished, however base on our experience and BTC.D its not going to be like rocket move.
ATR: this indicator shows market volatility difference is on 0.003pip and that to small and if you want to be in good profit, it's bather to put more price and your SL have to be 0.009 pip under the price.
RSI: in this indicator we can see that the price since 25 Sep that have been over sold(buy signal) could not reach the over bought(sell signal), however the second and third down touch obviously shows a buy signal bec the third is upper than second and the market did not went in that side, of course the price wanted to attempt the high but it couldn't and recently is fighting in 50, so market wants to make the final Decision for price.
MA:ma 10,20 and 50 are moving very close together and its really possible for 10 ma to go up in mid term however base one our experience its really hard for now.
SAR: Sar is showing us a down trend
BB: recently price is in the middle of the Bollinger band and have came up from down, however its really important that BB. is really tight and shows that price is going to have either big pump or big dump.
Ichimoku clouds: if you are trading like Ninjas, this cloud shows that price is not showing good sign however it shows we may have a little push up in future but not that much that price needs.
Godmode: in godmod there is a really important thing that is we are maybe going to have a really really big dump in price bec when ever we have two fangs like this in daily time frame, we had a big dump after that, however we have another day left to complete the energy.
Overall: In the end, if you gays wants to invest now, i have to say in short term its really possible that price dump and it will be like spike, however in midterm LTCBTC can give you guys good profit so if you want to enter now, I recommend to you to enter 1/6 of your budget right now and wait for price to decide which ways go and what it do and after that when you see better sign, you can get in.
For day traders, I will suggest them to focus on TRIANGLE to sell in the top of triangle and sell in sup zones.
REMEMBER our motto's, Acquirement the knowledge of this business, then design and Manner your strategy and Repeat it to be better trader.(AMRTrade)
THANK YOU SO MUCH
PLEASE FOLLOW US
OK, so actually when we had looked at the Triangle in downtrend price of LTC, It was obvious that the price is going to dump down very soon, when we had looked completely into charts and indicators, we have understood that the price in midterm will go up.
so let us explain all the things about LTCBTC to you, so be with us for complete analysis and please read all of the text:
Daily TF:
Volume: the volume shows us that in September lots of big players have bought LTC and they are still waiting for good chance to close their positions.
Macd: this indicator show us that its very tight and the signal line is heading down and its really good signal for buyers and also we will go on upward pressure and down pressure is finished, however base on our experience and BTC.D its not going to be like rocket move.
ATR: this indicator shows market volatility difference is on 0.003pip and that to small and if you want to be in good profit, it's bather to put more price and your SL have to be 0.009 pip under the price.
RSI: in this indicator we can see that the price since 25 Sep that have been over sold(buy signal) could not reach the over bought(sell signal), however the second and third down touch obviously shows a buy signal bec the third is upper than second and the market did not went in that side, of course the price wanted to attempt the high but it couldn't and recently is fighting in 50, so market wants to make the final Decision for price.
MA:ma 10,20 and 50 are moving very close together and its really possible for 10 ma to go up in mid term however base one our experience its really hard for now.
SAR: Sar is showing us a down trend
BB: recently price is in the middle of the Bollinger band and have came up from down, however its really important that BB. is really tight and shows that price is going to have either big pump or big dump.
Ichimoku clouds: if you are trading like Ninjas, this cloud shows that price is not showing good sign however it shows we may have a little push up in future but not that much that price needs.
Godmode: in godmod there is a really important thing that is we are maybe going to have a really really big dump in price bec when ever we have two fangs like this in daily time frame, we had a big dump after that, however we have another day left to complete the energy.
Overall: In the end, if you gays wants to invest now, i have to say in short term its really possible that price dump and it will be like spike, however in midterm LTCBTC can give you guys good profit so if you want to enter now, I recommend to you to enter 1/6 of your budget right now and wait for price to decide which ways go and what it do and after that when you see better sign, you can get in.
For day traders, I will suggest them to focus on TRIANGLE to sell in the top of triangle and sell in sup zones.
REMEMBER our motto's, Acquirement the knowledge of this business, then design and Manner your strategy and Repeat it to be better trader.(AMRTrade)
THANK YOU SO MUCH
PLEASE FOLLOW US
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