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ArShevelev
Feb 7, 2018 12:56 AM

LITECOIN vs. US Dollar [LTCUSD] Long

POLONIEX:LTCUSDT1D
Litecoin / Tether USDPoloniex

Description

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Litecoin got back to main trend line, where it was developing its structure in 2016-2017. This is opportunity to get LTC in our portfolio for 2018.

I expect some price action on this trend lines, so use them as a support to build your Long Positions on LTCUSD for 2018.

Buy Price: 95-120$
Sell Partially:
170-185$
200-235$
250-274$
290-315$

Comment

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Stop loss: 90$

Trade active

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1H TimeFrame, expecting price retracing to buy area 120-135, dont miss

Trade active

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Litecoin broke resistance line, we have good confirmation of bullish movement for this coin.

Comment

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Expected moving

Trade closed: target reached

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Target 1 reached!

Trade active

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Moving to 2 target

Trade closed: target reached

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170-185$ Done!
200-235$ Done!

Trade active

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Active targets:
250-274$
290-315$

Trade closed: target reached

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250 done
wait for retracement
Trend AnalysisChart PatternsTechnical IndicatorsLTCLTCUSDLitecoin (Cryptocurrency)LTCBTCLONGCryptocurrencyBitcoin (Cryptocurrency)
Comments
eljedioscuro
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Thanks for your analysis, this idea could be useful for the LTC/BTC pair? Buy price? Thanks!
ArShevelev
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@eljedioscuro, i will check soon
Ecua_Trader
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@eljedioscuro, LTC killed btc pair. not even close man.
eljedioscuro
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@ChartsOnTime, Thanks!
tarfouss3
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if btc will down how the hell you say ltc will up lol ?
Supertraderboy
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I was eyeballing this one . Until btc breaks the down trend for sure my plan is selll at 140 after 95 buy. I believe we may go lower. Just my thoughts but i dont trust btc. Id rather be in cash. You were pretty darn close as usual on ether.
xellos
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i think ltc is going to be a long term hold for profits, good potential for short but imo $1000 ltc this year easy
Zurh1
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wait to rebuy ltc?
Is 120-135dollars levels working yet?
alexpolynov
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great call!
victor_tlm
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Just sold, thanks for the advice, I knew about falling wedge but didn't knew about rising one !
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