LTCUSD 1D - Breakout

21 ott 2020

LTCUSD broke channel 1 and is about to break channel 2.
In case it breaks channel 2, 60 is a very fast possible target.

RSI (in 3) looking amazing and Stoch RSI (in 4) just crossed bullish.

LTCBTC looking promising as well!

21 ott 2020

Nota

But be aware LTCUSD is at channel resistance.

If you don't hold any LTC
EITHER find another asset/coin
OR wait for a retracement
OR buy the breakout.

21 ott 2020

Nota

LTCBTC 1D - still inside the wedge (at resistance!!) but the RSI and Stoch RSI indicators are very promissing.

This means USD and BTC breakout => double pump...lol

21 ott 2020

Nota

Interesting possibility: Inverse Head and Shoulders

25 ott 2020

Nota

Very interesting 2 candles formed on the 4h:
Red arrow corresponding to a doji at channel resistance.
Green arrow corresponding to a bullish hammer at channel support.

25 ott 2020

Nota

Amazing engulfing but reaching channel resistance.

26 ott 2020

Nota

Danger
LTCUSD 1D - Doji+RSI dropping+Stock RSI crossed bearish

The Doji requires still a confirmation but current candle is already below previous one.
Stock RSI still needs to drop below 70 (K&&D).

26 ott 2020

Nota

Still within small timeframe channel...

26 ott 2020

Nota

60USD seems to be acting as huge resistance.

26 ott 2020

Nota

4H Doji+Double top

26 ott 2020

Nota

Above 57.3 LTCUSD will fly to 59.8,
above 60 LTCUSD will sky rocket!

=> Amazing lower wick! => Long!

26 ott 2020

Nota

Knock Knock....

28 ott 2020

Nota

LTCUSD looking a bit ugly.
There is still hope:

1) closing daily around 56 support level.
2) RSI at support and restart to trend higher.