Another chart today worth having a look, LTCBTC Inverse head and shoulders break!
Points to consider,
- Trend coming out of bear market
- Broke resistance and neckline
- Increasing bull volume
- RSI in overbought territory
- Stochs in upper region
- EMA’s holding price support
- Perfect respect of the 1.414 Fibonacci extension
I've been analyzing Litecoin for a while, i've seen all the news of how Litecoin doesn't have any development on it and so on. This is all just FUD, trust the charts.
Litecoin peaked at 140 back in June, and just like every other coin it has been consolidating down and accumulating. All these coins look the same on charts and they all seem to follow...
Litecoin is now approaching the supply trend-line and showing signs of momentum shift. Price structure becoming bullish but not yet confirmed.
Volume saturation reveal uncertainty at the bot of the trend. This kind of volume anomalies often suggest trend reversal in order to seek the desired liquidity and spark FOMO once a gain.
Litcoin, like all crypto, is very weak. There are no buy signals so far. For all indicators bearish signals. The closest target for the bear is 75-80 USD. There is a possible step for the formation of a bullish correction.
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I agree /...
LTCUSD In Daily Charts we see the ascending triangle pattern.
I think Taking entry now is Bid Risky But there is the best Risk to Reward setup 7% Riska and 27% Reward this is only for the Risk taker
First target at $ 101-second Target at $125.
For Non-Risk-taker wait for Market Break upside of Ascending triangle pattern. Target is $125 After Ascending triangle...
Hi, today we are going to talk about LTC!
The buyers' defense formed at the weekly time frame a hammer pattern at 61% of Fibonacci, such a pattern could be due to the fact of the continuity of the bullish movement on the Litcoin halving speculation. However, we should keep an eye on Bitcoin and its selling pressure, that can disturb the plans of Litcoin reach...
Bitcoin, Litecoin and VeChain are all breaking through their short term support levels today. Bitcoin looks headed down to the 9,500 level and with the 4 hour Squeeze indicator turning dark green, price looks very bearish.
Litecoin is just about at it's next support level at $87. The squeeze indicator has also turned dark green so some selloff is expected at this...
Charts show quite a bearish sign
As Bitcoin is showing uncertainty which some negative fundaments, moreover bitcoin halving taking place in coming days
I would rather wait to buy in-demand zone or weekly zone.
Note- This is only for Educational Purpose this is not Investment advice.
Welcome, this is my view on Litecoin at its current market state.
We broke our strong 5 month trend line. But the bounce on the 30 of April proves to be a strong support level as well as being the .618 fib level. (swing low to swing high up trend) Looking at this golden level to be some solid consolidation.
Right now, if LTC can hold the .5 fib level as support,...
Step #1: Make Sure Your Chart Setup Configuration Looks the Same as our Price Chart
Step #2: Wait for ATR Indicator to break above 20-EMA
Step #3: Check the Price Chart to Ensure the ATR Breakout is followed by a Price Breakout
Step #4: Enter Short Once we break Below the Low of the Breakout Candle
Step #5: Your Take Profit Target should be Equal to the ATR...
LTC has been consolidating for over two weeks, and on the 27th of June, one candlestick shined the light on LTC. You can see from the chart that once we broke down through $115, the buyers came steaming in to grab their bargain. I highlighted the potential of this area in my last post, where I clearly stated that $115 would be the halfway point to the real...
Huge rejection with high volume from supply zone, the second bull attempt wasn't as strong as the first one and could not even scratch the supply at 0.016-0.018
I can see price go down pretty fast from here to 0.01btc for a -30% unleveraged profit
Let me make this clear. There are no bulls in the Litecoin market because they are not stupid and this is the second time I have made this statement
In my last post, I made it clear it was a great time to buy Litecoin. Little did I know that we would rocket past $130. Now! Before we start talking about going to the moon, we need to realise that there is no fuel...