LITECOIN HAS GIVEN A BUY SIGNAL

So many altcoins have gone vertical in the past couple of weeks that I have had to adjust my scales in almost all cases, to accommodate the current stratospheric prices when compared to prices just a couple months ago.

Litecoin

Here is the 3 hour chart for litecoin. As you can see, the 2nd arc, of the 2nd pair, stopped the rally and then stopped it on the 2nd test of the same arc more recently. However, barring an unexpected reversal in the next 10 minutes, price will finally close above the arc pair, suggesting a buy signal on the 3 hour chart. Resistance is seen in the $13 area.

Here is a look at a daily chart of litecoin. The daily chart has not yet given a buy signal, but price is very close to that first arc. Resistance is seen at ~ $13 here as well.

RIPPLE

Ripple stole the show a couple days back with a monster rally that took it very quickly to above the top of a setup on a 3 hour chart (Poloniex). This growth was clearly unsustainable and a pullback was overdue. We got one. However, my guess is that this asset will resume a bull market in the not-distant future.

DASH

Dash continues to disappoint it’s fans. Just yesterday I was hopeful that support would be found at the $60 area, but now it appears that the bear setup is in control, and price will retreat all the way to the 3rd arc pair of that setup, ~ $32 perhaps.

BITCOIN

Finally, let’s look at bitcoin.

Bitcoin has shown strength as it has rallied to the 2nd arc pair of a bull setup (shorter-term). The 1st arc pair has stopped the advance for now, but there is cause to watch this asset closely. If the rally gets going again, the 3rd arc is all the way up to ~ $1440.

Remember: The author is a trader who is subject to all manner of error in judgement. Do your own research, and be prepared to take full responsibility for your own trades.

https://hacked.com/litecoin-given-buy-signal/

Commenti

Post popolari in questo blog

Have mymonero some problems ?

Hello, this is user pandher from BTCtalk. I have been a follower and holder of Monero since 2014 when the first bitmonero thread appeared on BTCtalk. Since that thread i knew Monero was the only one worth following. The professionalism and honesty of the dev team was a rare sight in that shitcoin madness. Checking the Monero reddit page and speculation thread had become a morning habit with me. I rarely missed reading both of these in these 2 years. I saw the community grow from a few hundred to a few thousand. It was so good to watch, to witness. Although i was mostly non vocal i felt myself as a part of this community. Reading AP's posts about the new world domination were exciting. But today i bid farewell to this wonderful community. All my Monero have been stolen Since zhalox posted about his lost Monero, i woke up from my slumber and created a cold wallet using GingerAle's paranoid method. Only to find out all my 4 MyMonero accounts were wiped on 3 september 2016. I...

!--continua a leggere--

Dove le molecole smettono di Urtarsi: viaggio nella coerenza Quantistica della Vita

C’era un momento, nella storia della biologia, in cui la vita veniva immaginata come un enorme tavolo da biliardo. Molecole che si urtano. Collisioni casuali. Reazioni che accadono perché, semplicemente, qualcosa colpisce qualcos’altro nel modo giusto. Funzionava. Più o meno. Poi, lentamente, qualcosa ha iniziato a incrinarsi. Non perché quella visione fosse sbagliata, ma perché era incompleta. Troppo rumorosa. Troppo cieca. Troppo… inefficiente per spiegare ciò che osservavamo davvero. Perché dentro le cellule accadevano cose strane. Troppo veloci. Troppo precise. Troppo coordinate. Come se, invece di urtarsi alla cieca, le particelle… sapessero. Immagina di entrare dentro una cellula. Non troverai caos. Non troverai disordine. Troverai elettroni che scorrono come una valuta invisibile, scambiata con una precisione che sfida l’intuizione. Non saltano semplicemente da una molecola all’altra: a volte attraversano barriere che, secondo la fisica classica, non dovrebbero poter...

!--continua a leggere--

Ingegneria del contesto per l'intelligenza artificiale avanzata

Quando si parla di IA generativa, il dibattito pubblico si concentra spesso su due aspetti: la potenza del modello e la qualità dei prompt. Tuttavia, tra questi due poli si trova un'area meno discussa ma cruciale: il contesto . Non stiamo parlando solo di "informazioni extra" per il modello, ma dell'architettura logica e operativa che determina il modo in cui l'intelligenza artificiale interpreta, collega e utilizza i dati per fornire risultati accurati e coerenti. È qui che entra in gioco l'ingegneria del contesto : l'arte (e la scienza) di progettare, organizzare e ottimizzare il contesto di un Large Language Model (LLM) per guidarlo verso risposte più affidabili, precise e utili. Perché l'ingegneria del contesto è importante Un LLM non "capisce" il mondo come gli esseri umani. Elabora modelli statistici in base agli input che riceve e ai dati di training. Il contesto è la combinazione di istruzioni, esempi, dati di supporto e rifer...

!--continua a leggere--

BE THE PLAN

Cerca nel blog