This is a litecoin chart on the weekly so it is a very long term outlook. It is also vs Bitcoin so it shows losses and gains vs bitcoin. While BTC was slaughtering USD in the last bull run LTC at times out performed BTC. We might have one those times upon now for the next few months. The risk in litecoin is now low and the upside potential is high as it has...
Looks good I might go long on LTC, considering other options such as XRP Falling Wedge pattern
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.004500). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . LTCBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.004500). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . LTCBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Litecoin did not perform well as BTC or ETH for the last 3 months, but in the next upcoming growth - Litecoin have potential gains higher than BTC or ETH in percentage. According to 3D chart it seems that price have bottomed and LTC ready to lead the market. Price and indicators made higher low. This could possibly be a beginning of a new uptrend. Stoch RSI and...
🤔 Not much price action has changed on litecoin since we last did an analysis on it. We currently still sit below what use to be old support. It is critical that litecoin can reclaim with a move up here. Notice that we have the candles Squeezing on the Crossover strategy. Would Emma dots are showing signs of it wanting to go for a buyers market. Would like to...
After a big sell off that we have seen with LTC/BTC pair since the start of February, price has been consolidating for the last week failing to make lower lows, Even tho we haven's seen a clear change yet in market structure im waiting on the sidelines to see who's going to make the next move. If we start making moves to the upside I will be looking to take...
Symbol: LTCUSD Sector: Cryptocurrency Let's talk bitcoins little brother, litecoin. Overall looking out I want us to focus on the major parallel channel range that is moving upward at somewhat of a 45 degree angle. That is our main range we are focused on playing currently. You see our current Resistance (top black dashed line) is holding strong somewhat...
Litecoin seems to have finished minuette wave (i) up and it is now tracing the sub-waves of minuette (ii) down. The most probable target is around 37.74. If price crosses up 51.00, this scenario should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
Hello my friends! Right now the support is not yet confirmed. We can go siteways. At the end i see a target at 0.007200. The middle lines (orange and blue) has to be touched next. Please press the LIKE button and give support by following me. Always do your own research before you trade! -- To understand my chart here is a short explanation of my approach....
Litecoin is in a long term symmetrical triangle, this pattern is decreasing the price range and volume. Usually symmetrical triangles break within 70% of it's body. We should look closely to this triangle as the price moves, chart is in log scale.
Things are looking VERY bearish for LTCBTC at this moment, with BTC having its pre-halving rally yesterday we have seen LTCBTC break its macro HTF Major support level at 5500. Looking left we have only ever broken & closed below 5500 SAT's on the weekly TF once in the history of LTC If confirmed on the weekly TF, LTC may be looking to fall back further into the...
I don't know ... but i will buy some LTC :)
Litecoin has formed a big symmetrical triangle, it is likely to break out to the upside A descending broadening wedge is also present, a bullish pattern
After a 31% Drop, looking for key structure changes in order to take optimal LONG positions! IDEAL bull entries would be change in market structure, breaking of 4HR downtrend, retesting downtrend as support then consistent HH, HL's forming Short term play is also possible looking for short entries at the top of the downtrends, remember trend is your friend until...
This is the double bottom I mentioned in the last post as you can see it settling on the red support and green support. Overall the btc pair looks really good. My main confirmation is when I start to see the 3day and weekly start to show signs of green for a long term hold. I wouldn't blame you if you got very aggressive around here for a long term hold. Just...