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...
If you are bullish on Bitcoin, Litecoin must be a no brainer if it were to reach 0.0050 - 0.0052 range. Very strong support of the 1:1 extension of the entire structure, the bottom of the parallel channel and the negative 1.236 Fib level. I get suspicious when it is this obvious.... but let's find out if it gets there.
LTC is mirroring its previous downward movement trend, will it mirror its upward movement? Im not sure, but I believe the movement upward this time will be faster and more rapid to break or test this current trend. Tightening of Bollinger bands will see volatility increase with time. Included fibonacci retracement and a comparison to LTCUSD.
Litecoin has had a small pump within the downward channel recently, this may lead to the formation of a bull flag in the blue box, or a retreat and possibility of a falling wedge. The Adam & Eve can be seen to be linked to the pump.
PrimeXBT will be now be offering a technical and fundamental analysis overview of LTCBTC. News : More than half of all LTC is held in just 189 non-exchange addresses, and on average, the top 100 ERC20 tokens are majority-owned by just 34 addresses. Switzerland-based cryptocurrency bank SEBA is now fully operational. The bank is offering SEBAwallet app,...
12hour RSI trendline resistance is broken. Wait for candle close to enter long. If you like the idea then please follow :)
Litecoin is still stuck in a major downtrend, so, there are currently no good bullish entries unless you are going REALLY long, I understand the price is very cheap. Promising signs of a bullish reversal include MACD rising, and price hitting a nice short term support level of ~40. Price is currently in such an awkward spot it is difficult to short or buy....
Litecoin path to 2022, i know this seems like a long accumulation period but it has been seen in the past and history tends to repeat itself. As a stablecoin, litecoin doesn't provide much utility in comparison to other cryptocurrencies. Also included some fib retracement levels, and some sine time lines.
LTCUSDT Will Down Till $22 to $24. 1st Target : $137 2nd Target : $252 After making Double Bottom and Reversal Candle Confirmation we Set this target. Note: This is only for Educational purposes; this is not investment advice. Thanks Adil khan
Litecoin/BTC pair showing start of the rise cyclus. Cca. 14 days to hit resistance. Expected to hit around 0.00707.
Looking for a bottom, if fib line doesn't hold (it should) continuation of the downward channel will be seen. Still practicing these fractals.
LTCBTC is trading in a downtrend, close to the 0.786 fib line, this could lead to a new bullish wave as previously seen.
Wonky inverse H&S pattern followed by bitcoin, possible trend reversal. Still learning these fib retracements so let me know if i'm doing it wrong :) 0.82 regression downtrend, so clear downtrend still (i shouldn't be picking bottoms, but i am). Fibonacci retracement hits 0 at $42. Short term trading target is 0.236 fib line at $48.
Movement upward possible with completion of inverse H&S.
Lite coin still within longterm uptrend trading range, I expect this price to repeat the previous and trade sideways after collision with this upward trendline. A bounce off this trendline would be beautiful. Litecoin has the most developed ecosystem for a stablecoin imo.
26.11.2019 - Possible movement patterns of lite coin, strong descending regression trend. Pretty good scalping coin.
Blue Zone : Buy Zone Green Zone : Take Profits Grey Line : Best Entries Red Zone : StopLoss Area