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Litecoin chart is still primed at the current support level that has been hold for almost 2 years now.
Not much to talk right now as another blue chips are more likely to experience the same. Just look at the Ethereum.
With the support area around 0.00886 - 0.00771 is my first accumulation zone and then next entry will be in at 0.00634 - 0.00650.
The current ...
Greetings from Benice team!
Litecoin is one of the first Bitcoin forks. Charlie Lee has the upper hand, one of the few cryptomarket tycoons who did not hesitate to warn participants about the upcoming correction at the end of 2017, and sold all his personal Litecoins himself.
That's what Charlie Lee says:
"For a currency to really be a worldwide decentralized ...
To me, it will either do a new Alltimehigh in OCT or DEC. DEC would mean, it all would pretty much repeat from last year. OCT means, crypto will go AllTimeHigh very soon and do a faster correction (maybe 2-3 months).
The 2 ideas pretty much are my views for BTC/USD too.
White line is DEC Alltimehigh, black line is OCT Alltimehigh.
Buy : 8900
Flash Sell : 9200
Short Sell : 9400
Long Sell : 9600-9800-10000-10200-10400
Stop : 8200
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Resistances will prove to be tough in Litecoins uphill battle pending possible reversal confirmation. After hitting a low in the .008 region, I expect to see slow climb to .01, denial and the continuation into the .011 region + over the coming months. This is with the bias that the market has recovered and is moving sideways/accumulating for the next 2-3 months.
Buy : 8700-8750
Flash Sell : 8800-8850-8900
Short Sell : 9000-9100-9200-9300-9400
Long Sell : 9500-9600-9700-9800
Stop : 8400
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#Litecoin can withstand this downward wave ?
My personal opinion . Yes he can
Let us see what happens in the coming days
LITECOIN IS MAKING LIKE FLAG
Litecoin has been one of the biggest gainers since 2016 from an all time low of $2 to an all time high of +$300. I have grown fond of this specific coin reason being it presents us the investors of the crypto world with opportunities that hardly come buy. Once again litecoin is heading back to it buying zone. Will you be a buyer? This is a question that you only ...
With Bitcoin plummeting, Altcoins are heading towards grave. That is why i have stopped using chart patterns for a while for altcoins because they are all so much dependent on Bitcoin. We all have been noticing that if BTC falls a few percent like 2-3%, altcoins take a way deeper dig to around 8-10% or so. So, it's better not to use traditional chart patterns ...
if u only knew what i know how to do - u would give up tether!
. LITECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
. There is a possibility of ...
The next major Bitcoin and Crpyto Cycle Low is coming up at the end of July. Cycles have been excellent in this crpyto market.
Litecoin, acting as the weakest of the group, is due to fall hard and could see a $50 handle before finding bottom.
Using Bitmex Cobra on shorter timeframes is very profitable! I used the 15min. for this one.
Percent profitable: 76.59 %
Profit Factor 4.792
Bitmex Cobra is a highly profitable trading strategy which can help to spot profitable trades as early as they occur or even before. With Bitmex Cobra you get trading signals right on the chart which tells you when you ...
LTC is showing exhaustion in its bearish move for continuous of 9 weeks of downward movement. TD indicator is showing TD9 perfected buy on LTCBTC Chart, Macd is still above 0, and we are still above the 200ma on weekly chart.
I'm going long here on LTCBTC.
Stay tuned for more updates
The downward cycle continues, we can see rebounds but globally we will decline
Now there is an opportunity to play long on the rebound:
Trade plan for LTC/BTC
Buy: 0.0130 - 0.0131
Target: 0.0137 - 0.0138
Sell: 0.0137 - 0.0138
Buy: 0.0108 (That a long term deal)
In the support zone I will consider the opening of long ...
I feel like litecoin gonna bounce of this pink area.
Here comes my third and final chart for the day.
This is yet another simple yet informative chart for you on the daily frame with explanation of what the chart shows.
If you have seen my previous chart on Bitcoin ( BTC ) on daily frame, the path is clearly downward. (Ref: ...