LTC WILL LEAD NEXT CRYPTO BULL RUN (multiple moon signals)
I have been watching LTC since a long time, and waited patiently for it to prove its skin in the game at the 3-Year Long Term trendline. It did so wonderfully by bouncing off a perfect sequential Daily 9 wicking right at the long term support. Had it gone below (applies even now!) below the trendline, it would have signaled new all time lows. However, LTC is READY TO SHINE and prove that its SILVER if BITCOIN is GOLD.
There are multiple long term signals for an incoming bull run where LTC could be one of the best crypto asset in the portfolio for 2020 :
1] LTC bounced off Daily 9 Sequential right at the make or break Long Term Trendline
2] Price broke off the Falling wedge pattern post 2019 halving with the resistance trendline being the 3-year old all time highs resistance trendline.
3] Fundamentally Miners of LTC have gone a rigorous and painful capitulation phase, with most weak miners shrugged off post halving. An excellent article is present by Willy Woo.
twitter.com/woonomic.../1214314262744551424
I WOULD BE A PERMABUL if LTC in addition to above signals forms a Perfect Buy Sequential 9 on the Weekly Chart. For this to happen, the price in short term must be rejected from $60 down to close of 4 candles prior and consolidate for 7-10 days more while staying above the long term trendline in Blue. Historically LTC has produced 400% plus gains when this happens. Will try to post the weekly chart analysis soon.
I would be buying all the dips in the coming 2 weeks as long as LTC hold the long term trendline. It wont matter you got LTC at ~$40, $45 or ~50 in coming months. :)
What do you you think? Please like the idea if it provides any insight. Thanks a ton in advance.
Just a though over my evening ~COFFEE, not a financial advice.
~Cheers
-
There are multiple long term signals for an incoming bull run where LTC could be one of the best crypto asset in the portfolio for 2020 :
1] LTC bounced off Daily 9 Sequential right at the make or break Long Term Trendline
2] Price broke off the Falling wedge pattern post 2019 halving with the resistance trendline being the 3-year old all time highs resistance trendline.
3] Fundamentally Miners of LTC have gone a rigorous and painful capitulation phase, with most weak miners shrugged off post halving. An excellent article is present by Willy Woo.
twitter.com/woonomic.../1214314262744551424
I WOULD BE A PERMABUL if LTC in addition to above signals forms a Perfect Buy Sequential 9 on the Weekly Chart. For this to happen, the price in short term must be rejected from $60 down to close of 4 candles prior and consolidate for 7-10 days more while staying above the long term trendline in Blue. Historically LTC has produced 400% plus gains when this happens. Will try to post the weekly chart analysis soon.
I would be buying all the dips in the coming 2 weeks as long as LTC hold the long term trendline. It wont matter you got LTC at ~$40, $45 or ~50 in coming months. :)
What do you you think? Please like the idea if it provides any insight. Thanks a ton in advance.
Just a though over my evening ~COFFEE, not a financial advice.
~Cheers
-
액티브 트레이드:
We are approaching the 1st major Target (Resistance Pink Line)
~ 90-94$
(Remember to close 30-40% of your profits)
Please leave a like if this trade helped you.
~ 90-94$
(Remember to close 30-40% of your profits)
Please leave a like if this trade helped you.