LITECOIN IS COMPLITING THE HANDEL PULL BACK
Dear Traders :
Hope this analysis clear the air for Litecoin,.
Always Trade base on your decision and Knowledge , Push like if you find this Article useful .
Litecoin :
The price of Litecoin (LTC) is 220.82 USD, market capitalization is 15,235,643,604 USD with the circulating supply of 68,993,432 LTC. Since yesterday this crypto showed the change in the price of -2.37 %. LTC coin is trading on 10 active markets with the 24-hours volume of 797,829,111 USD. It is on the 15 place among all cryptocurrencies.
Analysis :
Litecoin is currently on the Correction and pull back to Complete the Handel of the Cup OF The Profit. we need to wait for weekly candle to close above the red trend line .
I see strong support Red Trend line with multiples bottom since 11 December 2017 this trend line acting as the support and resistant more than 4 years long and Now is acting very well as strong Support.
in case of breaking down we may witnessing real dip to continue to the trend line Blue 170$.
In my opinion this not will take place if BTC decide other wise ,as you all know we are in real selloff For Btc and its really leading the market direction so if BTC decide to go more downward every single ALTCOIN will Cope.
In case of Break out LITECOIN IS COMPLITING THE HANDEL PULL BACK, Hauge Profit to Gain its the Rocket to the moon with Huge amount of Profit ,1000$ is not that Far..
INDICATORS:
Note: to consider we are at the one week Indicator's Analysis
Out of 52 indicators the I used for the chart 28 are Showing the Buy Signal only 6 sending Sell Signal and 18 are Neutral .
I am Bullish on this and hope you enjoyed the Analysis.
Happy Trading
Hope this analysis clear the air for Litecoin,.
Always Trade base on your decision and Knowledge , Push like if you find this Article useful .
Litecoin :
The price of Litecoin (LTC) is 220.82 USD, market capitalization is 15,235,643,604 USD with the circulating supply of 68,993,432 LTC. Since yesterday this crypto showed the change in the price of -2.37 %. LTC coin is trading on 10 active markets with the 24-hours volume of 797,829,111 USD. It is on the 15 place among all cryptocurrencies.
Analysis :
Litecoin is currently on the Correction and pull back to Complete the Handel of the Cup OF The Profit. we need to wait for weekly candle to close above the red trend line .
I see strong support Red Trend line with multiples bottom since 11 December 2017 this trend line acting as the support and resistant more than 4 years long and Now is acting very well as strong Support.
in case of breaking down we may witnessing real dip to continue to the trend line Blue 170$.
In my opinion this not will take place if BTC decide other wise ,as you all know we are in real selloff For Btc and its really leading the market direction so if BTC decide to go more downward every single ALTCOIN will Cope.
In case of Break out LITECOIN IS COMPLITING THE HANDEL PULL BACK, Hauge Profit to Gain its the Rocket to the moon with Huge amount of Profit ,1000$ is not that Far..
INDICATORS:
Note: to consider we are at the one week Indicator's Analysis
Out of 52 indicators the I used for the chart 28 are Showing the Buy Signal only 6 sending Sell Signal and 18 are Neutral .
I am Bullish on this and hope you enjoyed the Analysis.
Happy Trading
