On the H4 chart, prices seem to be respecting the bearish trend however, we're looking for a short term sell entry at 57.56 where the 38.2% retracement sits and also it fail to break this level the past few candles. our take profit will be at 52.01 where the previous swing low sits and stop loss will be at 61.53 where the previous swing high sits Any opinions,...
On the H4, with price breaking the ascending channel and there is a descending line of RSI, we have a bearish bias that price might drop from our sell entry at 54.64, which is in line with 23.6% fibonacci retracement to the take profit at 51.07, which is in line with pullback support. If the price breaks the 51.07, we could expect it to drop to our next support at...
On the H4, with price moving in an ascending trendline and above ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 54.94 where is in line with the 50 % fibonacci retracement and 78.6% fibonacci projection to the take profit at 61.8, which is in line with the swing high support. Alternatively, the price may break the support...
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
I did this chart to show how people react to the market. It shows little interest with a prolonged slow rise then more interest and more interest etc until the FOMO blowoff hits. This increase in angle of uptrend plays out in every timeframe and in almost every chart. I think the crypto market is just getting warmed up. We're about to go parabolic in my opinion....
RVN RAVENCOIN USD Is looking great to me. The bottom is either in or one more test of the support line before the next explosion upwards. I can see at least $2 with this project. They are still working hard and fundamentals have only changed for the better since the last runs. I'm accumulating now. If support breaks and closes a daily below $.02 cents then...
LTCUSD Upward Scenario Entry: above 62 TP1: 83 TP2: 94 TP3: 110 SL.: 40 ============== Downward Scenario Entry: under 55 TP1: 43 TP2: 32 TP3: 21 SL.: 65 Risk 2.5%
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (108.8). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (108.8). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Check the Chart Top trend isn't valid, but i'm watching it. just a thought. Not financial advice For my reference and record as a hobbyist trader. Im a Newb.
On the H4, we see the price is on bullish pressure. Price can potentially rise from pivot level of 102.31 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection towards the 1st resistance level of 114.65 in line with 38.2% Fibonacci retracement , with a graphical pullback resistance. Our bullish bias is supported by the stochastic indicator where...
On the H4, we see the price is on bullish pressure. Price can potentially rise from pivot level of 102.31 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection towards the 1st resistance level of 114.65 in line with 38.2% Fibonacci retracement, with a graphical pullback resistance. Our bullish bias is supported by the stochastic indicator where...
LTCUSD now after closing daily candle under 114 i expect now will try to get the downtrend zone, but if break 114.5 and can stable above it will reach 124. ------------ LTCUSD downward entry: under 114.30 TP: 106.5 & 101.5 & 94 SL.: 117.6 Risk 2%
This may be a loose ABC correction. However, it appears to be completed and a new up-trend is in. Rsi and Stoch Rsi suggest and minor pullback before more continuation up. Im looking for LTC to pullback to around 119, before advancing to 143, the next overhead resistance. Not financial Advice. This is for my reference and record as a hobbyist trader.
Prices are consolidating in a parallel channel . We see the potential for a bounce from our buy entry at 94.7 in line with 78.6% Fibonacci extension towards our Take Profit at 104.48in line with 61.8% FIbonacci extension and 23.6% Fibonacci retracement .. RSI are at levels where bounces occurred previously. Any opinions, news, research, analyses, prices, other...
Prices are consolidating in a parallel channel . We see the potential for a bounce from our buy entry at 94.7 in line with 78.6% Fibonacci extension towards our Take Profit at 104.48in line with 61.8% FIbonacci extension and 23.6% Fibonacci retracement.. RSI are at levels where bounces occurred previously. Any opinions, news, research, analyses, prices, other...
LTC looking to make a move toward the upper bound of this triangle forming. Target is somewhere around 230. Not sure on the timeframe, but likely over the next 4 or so weekly candles. I am a hobbyist trader. This is not advice in any way.
See trend line formed at EMA 20 Close Price 156.67. Intersection of levels are good confluence factors. Watch for bullish price action where levels intersect. See chart below where Trend Line, EMA 10, and EMA 20 intersects. A bullish engulfing candle formed. Target Price is 162.18.