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MutexLock1
10 ago 2017 23:58

LTC is bullish! 

Litecoin / U.S. dollarBitstamp

Descrizione

Here's my POV:
LTC is consistently refusing to leave the bullish channel, orbiting around the pivot and bouncing off the support & resistance prongs.
Volume momentum repeats price movements, and volume amount is balanced and shows clearly visible pattern.
Recovery after each previous jump took around 4 days, the next pump is likely to happen at 12th of August (in 38 hours) or a bit later.

Update: volume oscillator shows a big momentum jump, I am afraid it can hurt the trend direction... RSI indicates "oversold" though.

Commento

RIP volume.

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Volume begins to rise!

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Chikun will do this.

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Testing the support prong...

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Watching carefully...

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We're back above the support.

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Aaaaaand it's gone.

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Well, did jump! In opposite direction, though :P

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Okay, this prediction is a bit inaccurate, but I think it's possible for LTC to rise in coming hours because of the BTC dump. Godmode&LSMA indicates bullish move.

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Rest in piss, Chikun... :(

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Chickun to the moon!
Commenti
CRYPTOBWOI
still trust in bullish channel? go chikun!
MutexLock1
@CRYPTOBWOI, nah, my theory failed completely :(
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