Entry
5 LTC entry indicators Coin - LTC/USD
Entry 50.25 & 51.70
Targt #1 - $69
Target #2 - $79
Stop - 46.75
5 Entry Reasons
Strong FA
LTC is a highly traded Alt coin with one of the largest most consistent growths for the year. The fundamentals are strong and Charlie Lee is very committed to the crypto space and the LTC project.
Elliot wave -
We have completed a full market cycle and seemed to be in a horizontal consolidation pattern after the bear correction.
RSI -
When BTC was at its previous ATH of $5k, LTC reached an ATH of $100. On the retrace BTC dropped to 3k and LTC down to $40 which showed more drastic overselling. Since then it has continued in an equilibrium pattern with lower highs and higher lows which is a sign of strong consolidation. However has BTC has completely retraced and gone to new ATH, LTC is still at 50% of the ATH(imagine BTC being at $2,500) and supported by the .236 Fib while the RSI had a double bottom on the over sold
Trend lines -
As we know trends are strong indicators of market direction. There is a long term bullish trend line that supports our purchase point that dates back to march. Also the bear trend line broke around 9/25
Volume -
We had a significant increase in volume after our entry launching our trade in the direction that we want. Volume brings momentum.
All of these alts hide in the shadow of BTC. As long as we don’t see any major sell off in BTC then we should be able to continue has planned. If we have any major BTC sell offs this could drastically impact our trade and stop us out, or cause new entry points.
Big shout out to @sean_vengan who posted this trade first. This is a live trade for me at the posted prices. Excited to see how this plays out!
Shitcoin: SANUSD This is a nice RoC / SRoC entry setup which has often good r/r with a high pivot chance of the low here
WTI 1d reversal, MA crossunder, retesting S/R area - After struggling above the 52.00 handle, price retested 49.50 S/R area,
which was ultimately broken, strong momentum.
- Price stopped at 49.00, currently retracing and retesting the 49.50 area.
- MA crossunder has already take place.
- Sell retest.
ULTA 1W CHART ULTA BEAUTY INC ENTRY LEVELAfter an RSI bearish divergence, market reached uptrend line.
Entry level is suggested over MA100 cross for a R/R of 2.4.
28% Profit in 1 year.
This is a save bet in order to diversify your portfolio
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
ZECU17 ZECBTC 1D CHART ZCASH FUTURES ENTRY SIGNALZECBTC -5.56% , currently on an uptrend channel , and bouncing from support zone , sets the possibility to open a Futures contract. Leverage and volume must be safe according to the portfolio holdings.
Current market conditions could lead to Range instead of a Trend Reversal, so Target, must be flexible. This is an early attempt to go long. You could also wait for further confirmation of price reversal.
Make sure liquidation is under support according to your leverage.
Fibonacci Retracement levels from May-June rally are also shown considering daily close.
A first target is shown in the graph at 0.093. Opening a limit-sell position of a percentage of your contract could be useful to break even early if market´s volatility within the rising channel joins our team.
On weekly trend, Stochastic RSI is moving north with plenty of room, and on a good volume .
Comments, and opinions welcome.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
BTC/USD Possible re-entry level EVEN trend is BEARISH!News from china hasn't made trading any easy!
BUT We have to look forward for possible new entry levels!
These are opening for us new opportunities for longs!
Entry level should be in between 0.5 and 0.618 FIBONACCI levels BUT above MA20 which is the orange line.
From my calculations which you can see on chart. We will see probably bounce upwards before or after 25th of this month.
I have drawn blue line to continue MA20 to demonstrate when we will have trend change.
Why I think this is ideal entry level?
- MA20 HAVE BEEN PROVEN TO BE VERY GOOD SUPPORT LEVEL as YOU CAN SEE.
- I have pointed it out with green arrows and when we will bounce again.
- People do value BitCoin and have survived before from the crashes.
Worse scenario we had so far within BitCoin?
No I do not think so. Why? Do your search!
Feedbacks and comments are warmly welcome!
-Yarr
QTUMBTC 4H CHART QTUM ENTRY LEVELSQTUM, currently sitting on support offers nice gains perspectives.
Symetric triangle broke on the uptrend, but it seems so far it was a false break. We can expect further decline, or a bounce back to uptrend.
Entry levels are shown in the graph. 9/13 is an important date for QTUM that could lead to new highs.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
IOTBTC 4H CHART IOTA ENTRY LEVELIOTBTC pair showing strong signs of trend reversal, leaving downtrend channel.
MACD confirms uptrend and RSI is over 50.
Current price is a good Entry Level long-term, if you want further confirmation, enter the market as shown in the graph if uptrend continues.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
LTCBTC 1H CHART LITECOIN MARKET CONDITIONSBearish triangle pattern rejected by upper support zone and Fib Retracement at 0.5 just before completion.
RSI bullish divergence could lead to Bullish trend or at least Range conditions Between 0.015 and 0.017.
Entries by SB above 0.016 should be safe with inmediate target at 0.017.
A close above 0.017 will possibly establish a double bottom pattern taking market to 0.0185.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
ZECBTC 1D CHART ZCASH ENTRY LEVELZECBTC formed a slow rising channel an Entry crossing MA50 as proposed before could lead to a late entry.
DMI is still in range, but heading to uptrend and market has nice volume.
Look for bounce entry near 0.058 on a lower time-frame (4H or 1H).
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
MCOBTC 1H CHART MONACO ENTRY SIGNALMCOBTC rejecting 0.382 and 0.5 Fibonacci retracement.
Entry level suggested over second green bar. Use stop-buy or watch the market live
Entry level on the chart. R/R 1.37
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
DGB Trend Reversal - Supports and ResistancesDGB had a nice reversal spike of 20%, if it holds current levels and breakouts from the two remaining resistances I can see it retesting levels as high as 1,000. Buy on confirmed breakouts on volume, or near the supports for safer entry
OMGBTC 4H CHART OMG MARKET CONDITIONSA week after our last analysis, OMGBTC pair, is still in range and overbought, however, rising triangle still formed, with possible entry levels on the chart.
A break bellow triangle should trigger Stop-loss and could lead to next resisatance zone near 0.00129
IMO, it is more likely a break bellow support rather than a break over resistance because of RSI bearish divergence. Market will tell.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me