Cryptocurrency is in true mania, and Litecoin is currently lagging behind in its worth in satoshis. There may be a potential flip to the upside once it breaks a few immediate resistance zones, then a quick ride to new ATH's (hopefully).
Expect to see a pulldown from this resistance level.
I am the type of guy who listens to the chart yet and then anything else. I am out of Litecoin until it can break this bloody resistance.. Chart is self-explanatory I rather wait and buy it again later. xx
LTC LITECOIN JET READY DAILY CHART LTCUSDC LTCUSDT LTCBTC
The price action still moving within $170 resistance and $140 support levels. On the weekly chart, the price action has formed a big bull flag. Within a bull flag, on the small-time period 4-hour chart, the price action of LTC is forming different harmonic moves, and as it has reached at the end of bull flag which is in fact a symmetrical triangle, therefore,...
Hey folks, I'm sharing my plan for LTC First I'll go into why I'm holding for the long term and then I'll dive into my thoughts of the current markets and my short term set up. First let me state Litecoin is one of my absolute favorite ALTs. I've held a position in LTC since the 55$ level. LTC doesn't typically get the hype/attention (or growth) like BTC or ETH...
As you see in chart symetrical triangle here if we are broke the triangle very safe way to open long position its seriously awesome powerfully coin and awesome formation here dont miss this !
Hey friends, hope you are well and welcome to the new update Litecoin. Support and resistance levels: After getting rejected by $170 resistance now the price action is breaking down the $140 support. The next support is at $110. Up-trend line support: The priceline of LTC has found good up trendline support on the 2-day chart and testing this support at the...
LTC BTC - further downwards movement to support levels
I have been posting on litecoin holding support for the entire month. Price enters the support zone, bounces, then seems to re-enter a week later. Is the third time a charm? The price action has looked very similar to bitcoin... Not sure is that's good or bad but both are bullish trend still so until that changes my bias still remains bullish. Maybe the most...
- In the daily chart we can look for the following opportunities: 1. The price breaks the resistance zone, returns to it to look for support, and leaves us with a reversal pattern, such as an engulfing candlestick, a double bottom with a breakout in the control zone, or candlesticks with a large shadow underneath that indicate strong buying. 2. The...
On the long-term weekly chart, the price action of the Litecoin has almost completed last leg of bullish Butterfly pattern and soon it will be entered in potential reversal zone. I have placed the pattern up to 1.618 Fib only for the educational purpose otherwise it is not possible that the priceline may enter in negative zone. Previously I shared an idea of...
Support and resistance levels: In LTC with USD pair, on the long-term weekly time frame chart, the pricline of Litecoin has been rejected by $170 resistance and now moving between $140 support to $170 resistance levels. Up channel: On the daily time frame chart, the price action of LTC has been bounced from the support of an up-channel and now moving towards...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.004190). . 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 (0.004190). . 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...
Hi friends hope you are well and welcome to the new update on Litecoin. On the long-term 2 month time period chart, the price action of the LTC has completed the final leg of bullish BAT and entered in potential reversal zone. Possible profit and loss ratio: This trade has a profit possibility of 593% and the loss possibility is only 46% Note: Above idea is...
Easy 10% scalp to be made here, MINIMUM
Hey friends, hope you are well, and welcome to the new update on Litecoin. Rejected by resistance: The price action of LTC is rejected by $170 resistance and moving between $140 to $170 support and resistance levels. Broke out the channel: The price action broke out the resistance of the channel on the daily chart, but formed a head and shoulder and broke...