CoinMajesty

LTC SURPRISE MOTHERF-

CoinMajesty Zaktualizowano   
POLONIEX:LTCBTC   Litecoin / Bitcoin
Took me by surprise and can't believe I had already charted it. Didn't trade it cause of following up on Bitcoin, Ethereum and Monero.

Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.
Zlecenie aktywne:
First target
Komentarz:
New target. This looks better:

0.0099
Komentarz:
Might not be a target, just a pivot line. This could bring it down. Let's pay close attention to it.

Komentarz:
Sorry wrong link:

Zlecenie aktywne:
Short now, buy a bit lower

Zlecenie aktywne:
Going down... good boy...

Zlecenie aktywne:
Another possible leg up!

Zlecenie aktywne:
Possible bull flag confirmation!

Komentarz:
By the way, I'm sorry for not having followed up the previous updates. I fell asleep after updating BTC, ETH and XMR for the whole night.
Zlecenie aktywne:
Elliott Waves + Bull flag formation in an uptrend seems like bullish signs to me.

Zlecenie aktywne:
We're approaching the Pivot point. I think we're going up, but this could also break down, don't get too confident.

Zlecenie aktywne:
Place your bets. Red or Green hammer? I say green.

Zlecenie aktywne:
Pivot did not activate.

Let's see what happens with this triangle now:
Zlecenie aktywne:
Triangle broke up and it hit two resistance lines. I think we're going to bounce at the tip of the triangle/FIB line!

Komentarz:
It went up a bit further and went down by the pivot line!

Zlecenie aktywne:
It has hit the resistance again. If the resistance doesn't break, we're going higher.

Komentarz:
Previous resistance line is actually a support line now.
Zlecenie aktywne:
LTC is getting ready to hit some support.

Komentarz:
This is actually a better view:

Zlecenie aktywne:
Seems like the support line is actually working!
Zlecenie aktywne:
Rectangle bottoms. We're going up again.

Zlecenie aktywne:
We're about to Pivot again!

Zlecenie aktywne:
We're now inside the pivot. Green or red?

I say red.

Zlecenie aktywne:
Pivot was down but it didn't to have had much effect. This is good.

Possible targets in the next couple of hours:
Zlecenie aktywne:
We broke up. And hit new resistance. I just sold some and waiting to buy back lower.

Zlecenie aktywne:
It was a perfect short.


We just hit the resistance again. I'm waiting to buy just a bit lower.
Zlecenie aktywne:
Seems like a trend reversal to me. It should break up very soon.

Zlecenie aktywne:
It went down but pivot lines are working very well:
Zlecenie aktywne:
We went lower than I expected. Although it seems we're about to come back!

Zlecenie aktywne:
We did not come back as expected in the previous update. The reason is not related to Technical Analysis, but to fundamentals.

Bitcoin news came from Japan. They are ready to legalise it tomorrow:
www.coindesk.com/jap...law-effect-tomorrow/

This brought the price of LTC down to the lower Gann Fan level. Although it seems we're coming back up again...

Zlecenie aktywne:
It's coming back up and LTCUSDT gives us another perspective.

Breakout of the pendant and about to get a second green pivot:

Zlecenie aktywne:
Will this pivot break the resistance?

Zlecenie aktywne:
Zlecenie aktywne:
LTC signals SEGWIT!

PIVOT was also GREEN!

LTCUSDT going to the moon!
Zlecenie aktywne:
LTC just hit some resistance and some support:

Zlecenie aktywne:
Looks like LTC is going to keep going up.


Zooming out...

Zlecenie aktywne:
This could be a bullish pennant.

Zlecenie aktywne:
The pennant seems more and more like this:
Zlecenie aktywne:
The bigger picture
Komentarz:
Zlecenie aktywne:
This pennant seems more likely now.

Zlecenie aktywne:
This might be my final setup until breakout:
Zlecenie aktywne:
If you are not long with LTC yet, I'd recommend to long between 0.0057 and 0.0058. It also seems like the TP for this next stage of the rally will be at 0.0088.

Komentarz:
If LTC were a Hollywood actor, it would be this guy.

www.youtube.com/watch?v=PBXVYM4z...
Zlecenie aktywne:
We went down similarly to what I described.

This is my setup to buy back in:

Zlecenie aktywne:
Added more curves
Zlecenie aktywne:
We're going up now. It's consolidating so I just went long again.


LTCUSDT also seems to be preparing for a run-up.

Zlecenie aktywne:
We're going up!


Just as expected.
Zlecenie aktywne:
LTCUSDT
Zlecenie aktywne:
Stairway to heaven
Zlecenie aktywne:
We're about to shoot up!

Zlecenie aktywne:
This is a better curve. We're about to launch to the moon.

Zlecenie aktywne:
Zooming in before breakout.

Zlecenie aktywne:
LTCUSDT moving just as predicted in my previous update.

Zlecenie aktywne:
LTC LTC has found good support at the Gann fan. This is a good entry point:

Zlecenie aktywne:
Just hit some support. Still on track.

Zlecenie aktywne:
LTCBTC broke out of the bull flag and it's ready to visit ATH.


We just finished the first stop. I'm going short at 0.008 and ready to buy back lower, to keep going higher.

USDT setup shows a good selling point would be $9.50.

Zlecenie aktywne:
Closing up, after leaving the flag behind, there is still need for more correction before visiting new highs.


Closing up on LTCUSDT

Zlecenie aktywne:
Yes, it's playing out pretty well.

Zlecenie aktywne:
LTC is looking very bearish to me in the 15m chart. I'd short it.

Zlecenie aktywne:
next pumps: xrp, bts, str
next dumps: eth, ltc
Komentarz:
Coming back from the dump, we can see LTC testing resistance.

Zlecenie aktywne:
Not trading it at the moment.

Komentarz:
Looking at the chart again, I think it's possible we'll see a 0.01 by the end of the day.
Zlecenie aktywne:
Thinking about going LONG again at 0.0072.

Zlecenie aktywne:
LTC could be testing new highs today.

Zlecenie aktywne:
Seems to me it's going down now. Looks pretty bearish.

Zlecenie aktywne:
Yellow flag upper resistance seems ready to bounce it back up. Dip buyers, pay attention!

Zlecenie aktywne:
Still on track. 0.000066 for a nice dip buy.

Zlecenie aktywne:
I meant 0.0066.
Zlecenie aktywne:
I am sorry for not updating in the last few hours. I had internet problems the whole day and just could get back to the chart.


What I see now is a possible retracement. We have previous red pivots located at three previous FIB Time Zone lines. This could be a good opportunity to short and buy lower. I think we're going to keep going up later though!
Zlecenie aktywne:
To be more concise, we're still going up anyways, I just think this is a small stop/retracement to keep going up later in the week.

Komentarz:
Watch out for when the green candle touches the red pivot... there might be blood.
Komentarz:
It has lost momentum. I think the Pivot will really take it down:


IF it goes down, buy back at 0.009.
Zlecenie aktywne:
If the trend keeps going up, I expect to reach highs up to 0.0142.
Zlecenie aktywne:
Moment of truth. This is become more and more red. I'd advise to short it!

Zlecenie aktywne:
Here is a close up of the Pivot Point:


I think going LONG is the right thing to do at 0.009!
Zlecenie aktywne:
Rising wedge formation after a negative pivot. I think LTC is ready for more doom!

Zlecenie aktywne:
Possible Head & Shoulders to continue downtrend.

Zlecenie aktywne:
Head & Shoulders failed. Now we have a bullish pennant. I think we're going up now.

Zlecenie aktywne:
It's about to break up!

Zlecenie aktywne:
It went down but quickly recovered. Fractals show a possible positive continuation of the trend.

Zlecenie aktywne:
The previous resistance is now a very strong support. Also, we just bounced back the Gann fan support. Two supports seems to me like we're going up!

Zlecenie aktywne:
Litecoin seems to be ready to break the Fan level and go to new highs, around 0.014. Let's see how it goes!

Zlecenie aktywne:
Litecoin, with the rest of the alt-coins, is finally ready to take off. This is the setup:

Komentarz:
TP: 0.014.
Zlecenie aktywne:
Seems like a good support. TP still 0.014.

Zlecenie aktywne:
Testing support again.

Zlecenie aktywne:
Support confirmed, it seems...

Zlecenie aktywne:
Pivot point worked!

We're going up it seems.

Zlecenie aktywne:
LTC about to break up?


Bigger picture

Zlecenie aktywne:
Broke up!


First target at 0.018.
Zlecenie aktywne:
LTC could be ready for a new low to continue bullish tendency afterwards

Zlecenie aktywne:
BitPivot.

Zlecenie aktywne:
Zlecenie aktywne:
Pivot seems to have worked.

Zlecenie aktywne:
LTC / USDT

Zlecenie aktywne:
Pivot worked!

Zlecenie aktywne:
LTC will probably retrace to the lower fan level or to the lower support level at the bottom of the channel.

Zlecenie aktywne:
BitPivot seems decided to bring LTC down.

Zlecenie aktywne:
I think BitPivot has taken a decision.

Zlecenie aktywne:
It could also be consolidating to go up.... let's see what happens.

Zlecenie aktywne:
Went up and then had a small correction. Seems like a good opportunity to go long before BitPivot takes LTC to test the upper resistance level.

Zlecenie aktywne:
LTC is about to get hit by BitPivot to reach new highs.

Zlecenie aktywne:
BitPivot attacked last night. Now, fractal logic suggests it's time to go LONG.

Zlecenie aktywne:
Zlecenie aktywne:
Still weak and we're inside a descending channel. We will break it up, but we might touch the bottom at the next FIB level.

Zlecenie aktywne:
Still bullish. Look at this beautiful pennant in the 4h chart.

Zlecenie aktywne:
I will continue updating this idea in the new chart:


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