I have been posting on litecoin holding support for the entire month. Price enters the support zone, bounces, then seems to re-enter a week later. Is the third time a charm? The price action has looked very similar to bitcoin... Not sure is that's good or bad but both are bullish trend still so until that changes my bias still remains bullish. Maybe the most...
Although the recent action has been choppy the trend is still to the upside. Support zone 140-115 has held and until it breaks below I think we can expect higher prices. Ethereum strength has been encouraging so maybe litecoin can join in the advance.
The euphoria in the LTC market did not live up to investors' expectations. Breaking the global mark of $145 up gave the price a great chance to continue to rise to $220. However, the sharp fall in the price of BTC significantly adjusted the plans. As a result, the LTC price broke the bottom trend line of the channel in which it traded from December 11....
From the Bitcoin family, Litecoin is a digital asset token of the Litecoin network that can surprise everyone. My only complaint is that I own the least of this token. In the weekly chart, and according to the wave counting, the price is in the 5th wave of the uptrend, according to the Fibonacci ratio in wave 5, this uptrend can be extended up to the target of $...
LITECOIN - Intraday Update - 12/11/20 (Short-term) Outlook : Expecting LITECOIN to recapture its $93.159 high and beyond. Breaking above $86.970 ; is the next upside objective for the bulls. (Fist a Bullish Evidence) Analysis : The break above $93.159 signals the second wave consolidation is complete, and the move puts LITECOIN back on track to...
Hi friends, hope you are well and welcome to the new update on Litecoin. The price action has bounced from the trend-line support: In previous article we have seen that the litecoin was moving down to the support of an up-trend line and this trend line is formed since 20 Oct 2020. And we were expecting a bounce from this trendline after this pullback. Now...
LITECOIN - Intraday Update - 12/09/20 (Short-term) Outlook : Expecting LITECOIN to recapture its $93.00 high and beyond. Breaking above $86.89 is the next upside objective for the bulls. (Fist a Bullish Evidence) Analysis : The break above $93.00 signals the second wave consolidation is complete, and the move puts LITECOIN back on track to challenge the...
LTC buyers showed themselves pretty well over the past 10 days. In the previous idea , we wrote about the open interest in this coin. Today these words are only confirmed by the chart. We have noticed the accumulation of long positions and believe that it will be realized in the near future. Sellers were not only prevented from breaking the critical point...
The 30 Min Litcoin Chart from the previous fall looks very similar to a Wyckoff Accumulation Schematic. These Schematics Can be found on any time frame. I have marked every point that you would see in a Wyckoff chart. We're jjust waiting on the sign of strength to "jump across the creek" Maybe have a little shake out before the distribution continues. We're at...
56 USD has been well defended and there is an RSI divergence in 4hr time frame. Time to push the price up Litecoin Marines :) Past 58.5 USD we will see a lot of shorts getting liquidated ;) BINANCE:LTCUSDT #Litecoin
BINANCE:LTCUSDT has given Long signal in 1hr time frame. All techicals looking good. If momentum kicks in we will see 65 USD pretty soon !
*Disclaimer* This is just my personal opinion on the market. Please due diligence before investing in highly speculative assets. Not financial advice. With BTC reaching heavy resistance, we are starting to see a lot of money flow back into altcoins. Litecoin's RSI is currently trending upwards towards the mid-level which has formed a weak bullish divergence....
You will learn the best place where we can trade Litecoin at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends push the like button if you like the idea - that would be the best THANK YOU. Thank you for your support, I Love it. P.S. I personally will open entry if the price will show it according to my...
Litecoin has broken out from a falling wedge on the hourly chart Looks very bullish
Big picture in #LTCUSD may be giving us important clues about price movements in the future.. I think it is meaningful to diversify approaches especially in the process we are in.. In the #LTCUSD monthly chart, Tom Demark has closed the red 2 last month, we can clearly see how the TD indicator has produced signals in similar situations from past to present, we...
Dates in the future with the highest probability for price direction reversals
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00705). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Litecoin/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
hello again, just following on my LITECOIN LTCUSD analysis and here is my recent update. everything is clear on my chart, if there is any confusion feel free to comment below! let me know if you guys agree with my analysis or not! Cheers Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to...