LTCETH trade ideas
Divergence in favor for LTCHello Traders, this weekend will be interesting to look in crypto's and particularly this pair. I can see a bullish divergence that will to benefit LITECOIN
Also, the medium term EMA is crossing the long term EMA, and that is a bullish patterns, just look the past and the how it repeat
Looking Good Honestly feeling really good about this chart, probably some of my best charting so far!
This is not financial advice.
LTCETH 4H BUY THE SUPPORTMajor support on the 4H, combining with overbought as well as divergence. There will be a big change of a reversal. Wait for confirmation before going in the trade.
TP1: 0.3595
SL : 0.31
LTC/ETH double top expected!Hi there,
As you see here we have been bouncing from EMA15 and also forming a bullish divergence on MACD
Trend based RSI level beneath EMA 15 can be used as stop loss while the target can be a double top . TRADE SAFE!
^^DYOR ** Its only meant for educational purposes.
Get up with LTC, ya you know me.While ETH is slowly waking up from it's slumber, LTC has been ahead and off the radar. TX is faster to send and then convert to it's big brother who is sleeping behind the wheel.
Alts may rally well before BTC due to manipulation...
There is a possibility for the beginning of an uptrend in LTCETHTechnical analysis:
. LITECOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018
. There is a possibility of temporary retracement to suggested support zone (0.17800 to 0.16600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.17800)
Ending of entry zone (0.16600)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.2044
TP2= @ 0.2188
TP3= @ 0.2344
TP4= @ 0.2519
TP5= @ 0.2673
TP6= @ 0.2901
TP7= @ 0.3285
TP8= @ 0.3830
TP9= @ 0.4524
TP10= Free
There is a possibility for the beginning of an uptrend in LTCETHTechnical analysis:
. LITECOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018
. There is a possibility of temporary retracement to suggested support zone (0.17800 to 0.16600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.17800)
Ending of entry zone (0.16600)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.2044
TP2= @ 0.2188
TP3= @ 0.2344
TP4= @ 0.2519
TP5= @ 0.2673
TP6= @ 0.2901
TP7= @ 0.3285
TP8= @ 0.3830
TP9= @ 0.4524
TP10= Free
No stops for litecoin :C Buyers Waiting and watching!LTC has busted through a major support point, nothing else to expect but a major fall as buyers are not interested just yet! If you're in LTC my sympathies as the bear mask is still on. In hopeful news we're approaching a very strong resistance point, and from such a downtrend we can expect a bounce as buyers wait and watch!
Keep LTC in your thoughts for the coming days and don't miss some great profit! Trust me I travel through time!
Be sure to check my google sheets where I record every idea posted here, you wont be disappointed. Following my signals you can expect 3 things, BIG Wins, Small Wins, Small Losses. A track record of accuracy with proof always provided with complete transparency.
docs.google.com
