LTC blew past the downtrend line with multiple four hour candle of significant price gains. This bullish breakout follow two bearish wedge breakouts. Next level of resistance is at the $300 price range. Market conditions seem optimistic so I think waiting for a fallback to $177 range is greedy. I could foresee a cup and handle pattern with a pullback to about...
My old #LTC idea was deleted from violating TOS by advertising my telegram channels, but here's the gist: FIB retracement is a must use tool. I think I have given even enough examples w/ the ellipses for you to understand m poiny. Ignore the date on the drawn arrows, it's just a few possibilities of where #LTC could end up.
Litecoin is better than bitcoin because it has a very organized team and the community is very united which helps a lot when it comes to taking decisions on upgrading (segwit) Litecoin has tested this resistance many times before and it's a matter of time before we break it and test superior levels... I'm projecting a 200% growth on this pair, maybe it won't grow...
So I'm looking to get back some LTC with the new BTC purchased isn yesterday's fire sale. There is still time for BTC to go below 8000 but i'm playing the BTC bounce to fund more LTCs. Here is my idea of price action and support. LTCBTC price has broken a couple support structure areas so we are short term bearish after this bounce.
Technical analysis: LITECOIN is in Range bound but Resumption of uptrend is expected. In Daily chart , A hammer candlestick pattern is formed which is the first sign of the beginning a Bullish Trend . The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 46 and above a RSI support level . Trading suggestion: Price is in the...
Bullish pennant is clearly seen on the daily chart. Bollinger Bands are extremely narrow, we expect huge movements when they are narrow like this. Stoch RSI is oversold, MACD is low and sell momentum is decreased. These are all bullish signs and I expect the price to increase till we hit the first resistance line at 0.0194. If 0.0194 breaks we will easily reach...
As I see here it's rough decline non-stoppable due to (BTC) so, We will see low prices next days and hope jan ends good for everyone to reach buy regions. T1:139$ T2:123$ T3:85$
LTC ready to run Los Angeles 11:57 PM. LTC looks ready to run with the right setup: Litecoin needs to break downtrend RSI. Price action needs to break triangle to the upside. BTC needs to remain stable for LTC to breakout. Reaching target is easily doable. Macd ready to cross Not sure how LTC is going to move compared to BTC. I usually see BTC as the...
Litecoin / Bitcoin Descending to the previous medium zone, 78.60% Fibo lvl
Looks like Litecoin might be continuing downward for the next few days.
Looks like the current dip is hesitating for right now but I'm convinced it's heading down some more soon. Expecting a deeper dip than last time, possibly testing $100. Might sound crazy, and I'm sure i'll be scoffed at by all the lambo/moon/permabulls, but they've been wrong since ATH, and are only now accepting that there has been a downtrend. Still, I laugh at...
Litecoin markets have rolled over again, reaching down below the $200 level.There is a considerable amount of support at the $175 level though, which I think will be the next point where the buyers will return . In a bounce in this area will probably go looking towards the $250 level above. If we break down below the $175 level, the next support level is at...
everything will solve the way out of the triangle, break through the support line, go down, break through the resistance line, go up
Litecoin is holding well above our ascending support line. The key idea is to wait for the break of major support at 249 (ascending support, horizontal overlap support) and this could trigger a bearish exit towards 223 support (Fibonacci retracement, elliott wave projection, horizontal swing low support). Stochastic (34,5,3) is seeing major resistance below 96%...
LTCUSD has not been faring well against the recent BTCUSD and ETHUSD pumps. Many of its supporters are patiently awaiting bullish movement. When will that happen? The Trends: - Spikes UP when a buy signal is triggered at (Avg. 14.75 days) - Slow movement DOWN when a sell signal is triggered (Avg. 1.5 months) - There is an average of 57.657% profit loss over 3...