{"id":9898,"date":"2019-09-13T07:25:15","date_gmt":"2019-09-13T07:25:15","guid":{"rendered":"https:\/\/tradingshot.com\/?p=9898"},"modified":"2023-04-26T07:29:42","modified_gmt":"2023-04-26T07:29:42","slug":"litecoin-found-support-on-1w-ma50-will-history-repeat-itself","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2019\/09\/13\/litecoin-found-support-on-1w-ma50-will-history-repeat-itself\/","title":{"rendered":"LITECOIN Found support on 1W MA50. Will history repeat itself?"},"content":{"rendered":"<p>The title really says it all. LTC is trading around the 1W MA50 on a possible mid term support event for the current Bull Cycle, which is methodically repeating the 2015 sequence. This MA period previously held throughout 2015 &#8211; early 2017 up until Litecoin initiated its super strong rise to the mid $300s peak.<\/p>\n<p>Notice how the Top-to-bottom and bottom-to-Halving bottom phases between the 2 cycles have been virtually identical.<\/p>\n<p>There is no reason to expect something different this time. Unless we see a major divergence below the 1W MA50, I expect this level to attract buyers and give sporadic spikes on a lengthy consolidation until the next super strong parabolic rise.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/LTCUSD\/VRvjEDPY-LITECOIN-Found-support-on-1W-MA50-Will-history-repeat-itself\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/LTCUSD\/VRvjEDPY-LITECOIN-Found-support-on-1W-MA50-Will-history-repeat-itself<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The title really says it all. LTC is trading around the 1W MA50 on a possible mid term support event for the current Bull Cycle, which is methodically repeating the 2015 sequence. This MA period previously held throughout 2015 &#8211; early 2017 up until Litecoin initiated its super strong rise to the mid $300s peak.<\/p>\n","protected":false},"author":611,"featured_media":9899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/9898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=9898"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/9898\/revisions"}],"predecessor-version":[{"id":9902,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/9898\/revisions\/9902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/9899"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=9898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=9898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=9898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}