Author: Marc Principato

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Litecoin (LTCUSD): Higher Low But Conflicting Signal.

Litecoin (LTCUSD): Higher Low But Conflicting Signal. Litecoin (LTCUSD 4 Hour): Selected as Trade Of The Week but as Bitcoin came off its high, LTC has failed to follow through (see conflicting signal on chart). These signals are momentum based which means the price action that follows the signal should be green in the case

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S&P 500: Poised For Pullback But Still Bullish.

S&P 500: Poised For Pullback But Still Bullish. S&P 500 (SPXUSD Chart) on the daily time frame shows weakness off a notable resistance (4800). Price can retrace back to 4725 or as low as 4650 and STILL remain in a broader BULLISH trend. This is particularly important for Trade Scanner stock signals. Long signals for

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Bitcoin: 4H Higher Low Confirms Momentum.

After some drama with the SEC’s X account, Bitcoin has continued to stay in line with the short term momentum. A higher low has been established around the 44,500 level (blue arrow). This configuration continues to favor the possibility of a higher high which can be well into the 48K area over the coming days.

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XRPUSD Signal Analysis.

XRPUSD trade scanner signal was generated near the blue arrow. The trade was worth a small profit before momentum turned the opposite way. Here are some extra points to consider for this idea: The .5900 area (blue line) is an old support / new resistance. IF bearish momentum is going to persist, price should NOT