LTC/BTC ANALYSIS: LTC seems to have entered a small accumulation phase after topping off at 7800 sats. I would like to see a small correction back down to 7000-7100 sats for a prime long entry zone. LTC has plenty of room for growth. The next major resistance zone is not until over 8500 sats! The key entry zone would be the 7100 sats and below. The future outlook...
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...
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...
Weekly Golden Cross, if this holds any merit upsides are expected. Also a double bottom formed on the grey fib line, with higher lows present.
Here I had been expecting (at last!) a pullback and been prepared to add on dips, the market is cutting through the highs like a knife and hot butter... a nice problem to have. Buyers are threatening to trigger capitulation on the Weekly: This is a textbook example of how to exploit soft hands, but with a rather pleasant twist. In what follows, I will...
Priceline of World's 6th largest cryptocurrency out of more than 2300 cryptocurrencies LiteCoin (LTC) with Bitcoin pair is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this...
NOT A FINANCIAL ADVICE, DYOR ... The Weekly trend is changing on the BTC pairs for major cryptocurrencies. The 'SILVER' of the crypto market has a macro bullish divergence in play ( not confirmed as of today i.e. 18th Jan 2020 ) The 3D and the 2D have already confirmed a reversal for the mid term. I'm looking for this trend translation into HTF as well. If...
Lite coin penetrated through the resistance of sideways channel but it paused by the resistance ob 200 EMA (on daily chart). Small retracemnet is expected (RSI suggesting it) before making another try. But if LTC penetrates 200 EMA than a big move could happen. The line is thin and it could happen also without retracement so be prepared for jumping in. The volume...
Hey everyone, it appears Litecoin bottomed out against Bitcoin at 0.005-0.0055. We should see a small pullback to the 0.0065-0.007 area and continue the march long up to 0.013. I give this trade a risk/reward of 2/1 at the moment. Over the next few months look for litecoin to touch the 0.01 mark against Bitcoin and break through up to 0.013.
Hello All, I am trying to be more consistent with my publishing and I wanted to post this since litecoin did break through the purple resistance. There was some sort of inverse head and shoulder, and it broke through the resistance, currently for the macro picture. it looks like it broke out of the descending channel in purple. This is really good as currently, it...
LTC clearly outperforming and taking the spotlight with the cross briefly trading above $70. A serious early contender for "Trade of the Year" after we rallied +70% from the lows. In any case, I am happy with the first targets at 64.xx, but ahead of the weekend, I would be surprised to see much further downside. On the day, support will be found at 62.5x...
COINBASE:LTCUSD Is breaking the last resistence. We enter in the retet of it, this setup is shared live. Entry, target and SL in chart. Enjoy!
Lots of alts are getting close to the end of their subcycles. And so does $LTC We still a need move down with bullish divergences but we're really close... $79 is a potential target when we turn back up. PS: Losing 50.63 will invalidate the count. #LITECOIN #CRYPTO
Awkward H&S, currently sitting on EMA level, very precarious.
LTC | Litecoin Bullish on 4H Chart , Easy Target $75~80
PrimeXBT has investigated the markets and found some relevant data about LTC/USD that we would like to share with you. Litecoin bulls could push the digital asset towards the upper boundary of the small ascending channel, with a breakthrough the resistance line of the falling wedge being a historically bullish reversal formation. Also, the price hit its main...
PrimeXBT would like to call your attention to a technical analysis overview of LTC/USD . According to the official update made by Jan. 3, the Litecoin Foundation is utilizing BitGo’s multi-signature wallet for its cryptocurrency custodial needs. While neither company has yet to supply details on the partnership, the Litecoin Foundation published a post on...