Swing Trade (D, 240)
Price is in overall seller territory from D perspective, we broke the major S & R (green line) and price rejected twice going through that area and left a probe. We turned people into buyers so that we can sell for higher price. On 240 sellers shows an aggressive sign of coming back swiftly challenging the buyers who started this movement. We...
Swing Trade (D, 240)
Price broke the important level at 0.0093 and we have 2 more incidents that show price tries to go above this level and rejected badly. This is one important sign that we can short this with perfect timing. We have another important level to watch for i.e 0.0085 price level because once we breached this level and typically price didn't go...
LTC has been in correction mode for the last week or so with further down time expected towards its support at 35 USD. Its not yet clear how much of an impact a UAHF will have on LTC. Its move breaking the triangle formation will determine its semi-long term movement.
LTC is on the verge of a SegWit activation and has been highly bullish over the last week. I'm expecting a major upwards rise with targets of:
1) 11.42
2) 12.34
3) 14
