Hello there, I still believe in Bitcoin protocols, so here is my view on BINANCE:LTCBTC , enjoy! American elections sent market crazy and that's why we have seen a rise in volatility since the last week of October and the beginning of November. Lately, both stocks and cryptocurrencies has gone up and I believe this bubble will keep growing until Trump is putting...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00387). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Litecoin/Bitcoin (LTCBTC) is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
Do we see a reversal here and will LTC outperform BTC? On the lower timeframes 1h and 4h we saw already a reversal 20 EMA crosses up the 50 SMA. If The 20 EMA crosses the 50 SMA on the daily candles we will see a clear start of a new uptrend for LTC against BTC. On the .236 fib we see some major resistance: - The .236 fib level. - The 200 SMA. - And always...
Here we go again...
This chart relates litecoin halvings LTC/USD and BTC/USD.
Slow breakout of the symmetrical triangle that has formed
I shared idea about ltc/usdt few days before About possible inverse H&S formation You can see here That what Happened exactly and ltc was mooning today along with btc which is a good sign ... What now ? For most safe entery we should wait daily close above 52$ then buy with targets in chart Abd stoploss daily close again below 51.5$
Price is holding lower trend line support on daily , we are good as long as we hold this trend line. closing above orange line is really good for long
Litecoin An alt coin that is holding up very well throughout this bleeding. The upper band of the symmetrical triangle that has formed from the ~350 high to now is acting as a support I added LTC to my portfolio based on its ability to hold up like this.
LTC/BTC ratio is a brainwave. Meaning BTC is probably alive as well. You do know what this means right?
Monthly chart for LTCUSD is giving a doji green transition and currently testing a major breakout level. The ema dots have also been green the last 2 months. Also we are currently compressing in a wedge pattern. Good volume above $60 should result in a nice size run.
*Disclaimer* This is just my personal opinion on the market. Please due diligence before investing in highly speculative assets. Not financial advice. With BTC reaching heavy resistance, we are starting to see a lot of money flow back into altcoins. Litecoin's RSI is currently trending upwards towards the mid-level which has formed a weak bullish divergence....
Yeah, really, i hope you are ready for this move. Looks like end of 2020 will be massive in crypto-gains. Do not forget to buy low and sell high. My personal levels for sell are on the chart. chart patterns looks very attractive, you may notice how price forming triangle shapes on the way and creating one giant triangle for last year. Current prices are quite...
X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Litecoin's daily chart in order to assess its breakout pattern and potential targets by identifying resistance zones and using the Elliott Wave theory. Analysis - To begin with, Litecoin has broken out of a bullish...
X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Litecoin's hourly chart to assess its slow and steady uptrend, as well as significant support and resistance zones. Analysis - To begin with, Litcoin is trading within an ascending parallel channel - Prices are...
Trade Setup summary: Profit targets=39800 pip (500 + 1000 + 1300 + 1500 + 1900 + 2600 + 3600 + 5400+ 8500 + 13500) Stop Loss =800 pip Reward/Risk > 16.9 : 1 Current Status: Total Profit: 2345 pip Closed trade(s): 284 pip Profit Open trade(s): 2061 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 0.004716 based on 'previous...
Trade Setup summary: Profit targets=39800 pip (500 + 1000 + 1300 + 1500 + 1900 + 2600 + 3600 + 5400+ 8500 + 13500) Stop Loss =800 pip Reward/Risk > 16.9 : 1 Current Status: Total Profit: 2345 pip Closed trade(s): 284 pip Profit Open trade(s): 2061 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 0.004716 based on 'previous...
Litecoin is simply so far from its all time high, there was a TD Buy confirmation on the Daily this week, just wanted to give some perspective with this chart and keep it simple- if it does truly rally- the rate of return potential is extremely high. -Megalodon (Rahim) BINANCE:LTCUSDT BINANCE:LTCBTC COINBASE:LTCUSD