Looks like Litecoin has difficulties now to break resistance. Even after today's pump of Bitcoin, it hardly moved up while others alts did. Also volume is dropping with LTC. See chances increase for a bigger correction now. If that green support breaks of that bull flag, we might see a bigger correction happen. If it breaks the 60/61 with good volume, we could see...
Hi Guys, Ltc has a pattern that I called rising flag with a bearish divergence on daily TF, I've posted a previous idea about this pattern too, we have seen this in many time. from $60/$64 max we will see a drop to $40/$41 then a strong move to the upside at around $69/$71 it could go even higher to the $91 zone, but anyway $71 is a good take profit zone since i...
utilize the 15day chart for bigger swings.
- 1 year and 2 months down channel broken
- EMA Dots Closed Green
- MACD Prepping for a cross.
- Heiken Ashi going Green
- Volume going Green
Bottom could be in, expecting gains.
Litecoin update: I have to give credit to Andrew on this one because he has been calling this long in our chat room since it broke the 34 resistance. And now that Bitcoin has spiked higher (our first profit target at 3825 was reached), Litecoin appears to be on the move again. Andrew actually shared some valuable insight around the higher low and break of the...
We're calling that the TOP IS IN on #Litecoin | $LTC!
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LTCUSD is approaching our first resistance at 56.85 (horizontal swing high resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure) where a strong drop might occur to our major support at 44.79 (horizontal swing low support, 38.2%, 76.4% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see...
LTCBTC - Litecoin Halving Revised Chart - Top Reached at $60-64 Time for a Retrace?
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Since our last update, Litecoin broke the bearish H&S we had...
Hello Litecoin fans. Per my chart above LTC is still on track to break highs. So if the chart pattern repeats, it will have a nice top in March 2019.
Then Litecoin will have a period of consolidation before it can re-break March's highs. I don't expect the consolidation period to be as long as in 2016 since there is a lot more interest in crypto-currency space...
LTC closed the gap to $50 zone confirming resistance. Now back under log down trend and retested for resistance, but look for confirmation on close of daily candle.
$30 support seems reasonable target. Expect sideways breakout attempt here.
// I am not trading this now, just charting. Will look for buy around $30
Litecoin after a huge move up has finally reached a strong weekly resistance. I am expecting it to retrace the following weeks down to 12800 satoshis. We can also see that volume is showing signs of exhaustion on this uptrend. Bias is shifting bearish. A bearish engulfing candle on the Daily would lead me to search for short setups.
LTC started this crypto rally and LTC is going to finish it. It may be the top for this rally here. Even if it goes slightly higher, I would not be buying any large caps with that bearish daily divergence on LTC.
Reentry at 40 dollars with a longer term target of $100-110.
I know... After looking at the prices, this looks retarded af tbh, but never underestimate the retard-strength alts can gather during a BTC bull run. The other reasonable case her would be eeking up to somewhere between $200-$240 and taking off to retest like $100 or something ridiculous. Either way, if that top target hits, none of that will matter unless you got...