Look at cicle. Now we in recession zone. If we break out support line we will go to the 50%-61.8%-78.6% level fibonacci. Fundamental About LitePay After the AMA with LitePay CEO Kenneth Asareall very crucial and fair questions about LitePay, remained unanswered. This can be a trigger for further lowering the price of Litecoin.
Litecoin has caught my eye during the past few days... while most altcoins/bitcoin pairs sold off during the btcusd drop, litecoin has held strong. I have seen recent media articles questioning the profitability of btc miners should the price continue to fall... is fear in the air? What-if worst case scenario: btc drops below mining profitability, miners switch...
Hi Guys . LTCUSD is getting to break the SYMMETRICAL TRIANGLE . Wait for the breakout and decide the trend . Hope y'll find this useful . G'day Guys
I drew this line about a week ago. I was blown away to see that it upheld when I just loaded the chart. Very bullish on LTC. Looks like the hype and the constant development & news is working out well. Things like mainstream atomic swap wallets, atomic swaps on lightning network, schnorr signatures, and privacy features... have still YET to be implemented from...
Looking at the BIG PICTURE and the long term for LTCBTC we can see this beautiful ascending triangle we have been forming since early December 2017. I have two lines on the upward slope indicating 2 possible scenarios for this to fulfill. Currently as we speak the DMI is oh so close to touching but the + is still on top. The ADX is above our signal line...
We are bullish on LTCUSD Buy around Blue Support Lines and Add more on subsequent support Lines. Upside breakout only after a confirmed break of Red Zone / Red Lines. 1st Upside target 363
Start Accumulating LTC and add more on dips for minimum holding of 180 days. This is a Medium Term Call. LTC to outperform BTC in next 180 days Profit Target 369, 421,623,901,1423
LTC / BTC i detected a breakout! check the chart and trend line too (late) buy 1900 sell 2000 - 2150 7days hey u trader , what is your idea ?
Good Morning, Traders! LTC/USD is in a very good position on the 4hr chart. The first thing I noticed was that price was traveling along 2 trend lines that have been accurate since mid-February and is now approaching a safe zone to buy. This zone has support in the 61.8% fib retracement level, the support level of 191.86 and arguably the psychological support...
Cryptocurrencies are hard to analyze for the fresher, at first. But then similarities between technical analysis between traditional instruments and crypto become apparent. Litecoin is one of those cryptocurrencies that is easy to use, has a loyal following, and works. Although achieving a high of nearly $360, Litecoin has descended into a double flag pattern....
Good Afternoon. Just wanted to put out a quick snapshot on LTCBTC . Currently, looking at the DMI, the -DM and the +DM have touched and tried to cross 3 times recently, but it has failed to do so signaling failed attempts to break out. All the while the ADX has stayed relatively low showing there is not really a trend going on here. If you look on the RSI we...
Quantamize proprietary Machine Learning algorithms have generated a 3-day "Don't Own" signal for Litecoin as of 3/3. We will be updating and producing more signals today and posting performance as well - stay tuned! Quantamize's machine learning algorithms produce signals on over 25+ cryptocurrencies with accuracy rates well above 60%. Any updates to this...
Trade buy setup: -End of ABC correction wave pattern -R/S bounceR/S bounce (resistance becomes support) Divergence macd bullish
Here is trade setup: -Bitcoin is gaining on dominance - ABC pattern end -MACD bearish divergence -Resistance bounce
Good Afternoon, and welcome to my next update on LTCBTC ! Litecoin has preformed exactly like I expected and if you saw my last post you will notice I tried to warn you when we reached the price of $230 that we were headed down. I would like to point out a few lines that I have drawn on the RSI and the ROC and compare that with what the MACD is doing as well....