ATH
TEXTBOOK W PATTERN ON LTC... NEW ATH INCOMING!??!Here in the LTCUSD chart we can see a beautiful W pattern after today with many hours still ahead of us. So far we have been rejected at around the previous high of February 18th and as you can see from my prediction, i think that we are rejected further to slowly consolidate around the previous high of Febuary before we confirm support and head upwards and we could potentially see prices of LTC at over $300 in the coming days!! Of course we are waiting for confirmation of the what could now be support, ready for a future break towards the upside of the previous ATH do you think we can see a new all time high?!
As always taking profits prior to reaching our price target.
What's your thoughts? let me know down below!
ETH is ready for another ATH!!!ETH just broke out of a bearish trend and confirmed a double bottom pattern!
Volume is also rising and ETH/BTC is also bullish...
Right now we need a 4hr closure above 2090.
My minimal short-term price target is 2250.
My long-term price is about 2750-3000 at the end of April.
AUTO/USDT Recent listing on Binance and all Coins in circulationAUTO got recently listed on Binance and is still a very young project.
It's a yield farming aggregator running on the Binance smart chain and Huobi Eco chain.
After the listing we got back to the price level from before.
However nearly all coins are currently in circulation and both chains are getting more and more attention.
The pevious ATH is around 13'500$ and therefore our second target.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
STILL LONG TO ATH ETH has done both parts of my prevoious scenario.
1560 has been retested and now we can see straight movement to ATH.
Please, pay attention, that 4h candles close above lvl and only after that movement to next lvl is able.
I am sure, that closing 4h >2037 will give a great opportunity for long to 2400.
i am expecting my stop order at 1995.
Also i think i will try 2 or 3 times, because on that lvl it shoul be hot and risky.
Waiting below previous month ath 58350Clear bounce from 58350. Price has been set stop.
I set buy limit around the top of the volume profile : 56500. And another limit on purple trend line and FIBO 0.618 zone 54620 because these prices
are true support in the main trend. But we still have to think about possible decline even lower and therefore do not buy for much % of account.
RSI 63. neutral level
Both side of positions longs and shorts keep increasing at same time.Which hold BTC in uptrend.
if the price closes 1H/4H above 58350 possible add % too.
Inform where you purchase and why, we can solve it :D
LTCUSD: Correction before the peaksOn LTCUSD, a correction (4th wave) can be expected after reaching our respected non-horizontal trendline. If the price goes into a corrective phase, then our Long-position Trigger would be around our support, (200-205) levels, and it will be the beginning of the final impulse of this 3rd motive wave.
And if the price breaks the ATH, we can BUY with more confirmation and with even bigger lot sizes.
Until then, Trade Safe and Best of Luck !
TOTAL2 chart nearing 1 trillion dollars; alt season is booming!It isn't as apparent just by watching the btc.d (bitcoin dominance) chart until just recently but we can see on the total2 monthly chart (every crypto except btc) that we have been in a healthy alt season for several months now. We can see just as many impressive consecutive green monthly candle closes on total2 as we can on btcusd and it looks like the total2 price action will be heading for 1trillion very soon. I totally expect the whole market to soon be at 2 trillion. This is an incredibly bullish chart that should continue to make new ath's. *not financial advice*
SP500 on new ath 🦐After our last analysis SP500 reached the new all-time highs, breaking above the resistance structure as expected.
The market now is moving inside an ascending channel and according to Plancton's strategy if the price will retest the support and provide us sign of inversion we will consider a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Behold Litecoin, the great oscillatorWhat you see here is not financial advice!
Here is a very rough macro analysis of Litecoin against historical price/indicator movements. Sadly, unlike most other major cryptos, Litecoin has not broken its 2017 ATH. Some could see that as an opportunity however. I just thought I'd share this interesting similarity I picked up on while examining the MACD in the months prior to the 2017 ATH. I matched that with the "1" and "2" on the chart then vs now according to my interpretation of what could be around the corner.
Notably, in relation to the broad upward channel I've drawn (I drew this almost ages ago now) this MACD action is happening around the same place in the channel, very close to the midline. Lots of room to go up IMO if the past is any indicator.
All along the way up, the 10W EMA (blue) acted as pretty good support until it finally gave way in May 2018 for almost a year, in addition to other EMAs turning into resistance. Similarly, Litecoin is finding support above the 10W EMA again. Currently that's at ~$150, so we can't leave out the possibility that that level gets tested again in the near future before it tries to attempt new highs. We can see the same gaps forming between the 10W, 21W, and 200W EMAs as Litecoin pushes higher.
KSM: utility and governance goldKUSAMA
KSM, the official test net of Polkadot is one of the most fundamentally strong projects in crypto. (research why yourself)
With the launch of their parachains and full testnet we basically see a roll out of Polkadot v1.0 with numerous clients and partners.
Although it is a testnet; it does offer the full Polkadot feature set and is the first one to launch innovations...
LONG TERM
The governance / utility token KSM is an amazing scarce asset with great token economics (most of them released) and is still undervalued in marketcap.
By the end of the year I expect Kusama to be between a 15 and 20bn marketcap, but even more is possible depending on adoption.
Long term KSM tokens will be like governance gold and I expect Polkadot and Kusama to play a major role in Web 3.0, Defi and intra-chain connectivity.
I definitely see KSM and DOT both respectively push projects like ADA, THETA , DOGE, BCH, LUNA and LTC from the top spots.
TOKEN ECONOMICS
Market Cap: $4,155,693,549
24 Hour Trading Vol: $548,112,535
24h Low / 24h High: $413.74 / $501.87
Circulating Supply: 8,980,098 / 10,000,000
Fully Diluted Valuation: $4,627,670,561
Max Supply: 10,000,000
MID / SHORT TERM
In the mid / short term we can see more growth for KSM and I see Kusama outperfom BTC, ETH and other major alts for the next 4 to 6 weeks - with a price target of 600$ (+30%) in that same time.