There is still uncertainty in the market regarding China; however the MACD histograms are becoming shorter, and the MACD slope is turning positive on the day chart... So this could be the start of the next bull rally if BBands tighten and we flip PSAR bullish on the day chart. Also we broke the red Gann fan so it makes it more likely that we left the down trend, and are now entering consolidation stage. China also started buying Litecoin, and Bitcoin again. At the time of this post Chinese Yuan 24hr Litecoin volume is almost back at 30%; they are buying more Litecoin than Bitcoin at the moment. Current Chinese Yuan 24hr Bitcoin volume is 5.5%. Do keep in mind that Bitcoin is now Japan dominated! Which is great because there is nothing that can stop the Bitcoin train, and Litecoin will probably follow it.
For the record Chinese Yuan 24hr Litecoin volume was <15% a few days ago, and Chinese Yuan 24hr Bitcoin volume was <5%.
Here is a list of Gann Fans: www.reddit.com/r/Lit...1c22e/ltc_gann_fans/
Here is a good place to compare 24hr trading volumes:
Litecoin: www.cryptocompare.co...m/coins/ltc/analysis
Bitcoin: www.cryptocompare.co...m/coins/btc/analysis
My long term targets can be found here: www.reddit.com/r/Lit...ber_by_time/dndd5ur/
For the record Chinese Yuan 24hr Litecoin volume was <15% a few days ago, and Chinese Yuan 24hr Bitcoin volume was <5%.
Here is a list of Gann Fans: www.reddit.com/r/Lit...1c22e/ltc_gann_fans/
Here is a good place to compare 24hr trading volumes:
Litecoin: www.cryptocompare.co...m/coins/ltc/analysis
Bitcoin: www.cryptocompare.co...m/coins/btc/analysis
My long term targets can be found here: www.reddit.com/r/Lit...ber_by_time/dndd5ur/
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That day chart is primed to continue moving up IMO.
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We have a text book rally. Setting up on the day chart. BBands tightening up, PSAR and MACD turning bullish has always resulted in major moves.
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HODL.
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Back to ATHs very soon.
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Butchered the grammar. This is what I meant to say.
Breaking 52.74+ will turn PSAR bullish on the day chart ending reversal. Chart is setting up to become LIT! A text book rally set up is occurring on the day chart; BBand's tightening, PSAR and MACD setting up to turn bullish.
Breaking 52.74+ will turn PSAR bullish on the day chart ending reversal. Chart is setting up to become LIT! A text book rally set up is occurring on the day chart; BBand's tightening, PSAR and MACD setting up to turn bullish.
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PSAR is now bullish. Down trend is over.
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There is a bigger rally to 70+ hiding in the indicators. Do not short. By the end of the year we break 100+. Seriously this is time to accumulate.
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12hr chart ready to move up again. Stoch RSI is ready to pull up MACD.
12hr chart ready to move up again. Stoch RSI is ready to pull up MACD.
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12hr chart ready; we should move up as Stoch RSI moves up.
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LTCBTC Day chart is also almost ready.
MACD and PSAR are setting up to turn bullish.
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Move up soon.
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The day charts.
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Updates over here:
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