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...
LTC is trading (consolidating for a while now.
We see a bullish flag forming since several weeks now. We are right at the tip of the flag which should in case of a breakout trigger huge upward momentum.
A breakout to the downside seems less favorable since we 've been forming higher lows since late december. Any break down would likly create a short lived spike...
I don't know if I believe in this chart, but it's telling me LTC +322% to $1047 by Jan 15th 2018 (11 days 16 hours from now).
Could it happen? Maybe.. I just don't have a lot of confidence in LTC ever getting that high. So.. high risk, high reward?
LTC just broke out of a rising wedge.
I expect prices to fall back to the cloud giving us a buy zone.
I see lots of bullish growth to come from this one so now is a great time to accumulate!
**If anyone has a coin they would like me to do TA on please comment so!**
This shows us that if LTC doesn't hold above 250, it will create a high that is lower than previous in the 300's.
But on indicators, the 300's high is lower than the 250...
So if the price doesn't hold above 250 in the next hours / days, the price will have to follow a hidden bearish divergence. Which will crash the price to the 200's.
I am moving to alt coins...
Price Prediction For LTC BTC Trading Pair. This is the 1-Day Trending Chart for Investors. Here I am talking about "cyclic patterns", which means averages like to oscillate above and below each other at a frequency. To better see this, scroll back in time. 1) You''ll notice the MA 50 oscillates above, and then below the MA 200. 2) You'll notice the EMA 15...
If you have a position in LTC, this should excite you! LTC is charting a strong ascending triangle, signaling that it is poised to make another bullish run upward. You can see that a strong price support has been formed over the past week in the $330-$340 range. You can also see a tightening of the price fluctuations, another sign that a breakout is imminent.
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Litecoin technical analysis for December 16 2017.
The bullish flag has been forming since a few days now after a very strong uptrend on litecoin.
Sellers have tried to make lower lows but we ve seen a quick recovery to higher levels. Since Litecoin is trading in a so called BULLISH flag formation and is currently bumped to the upper trendline we can expect it to...
Litecoin has formed a descending triangle pattern, which is a bearish continuation pattern. I would expect LTC to break to the downside and continue lower in the short term.
Litecoin has made an incredible move higher over the last several days but now appears very overextended. IMO LTC will need to consolidate here or possibly even pullback some to give the moving averages time to catch up.
Litecoin is now forming a pennant pattern after a huge run-up in price the last couple of days. I would now anticipate a breakout higher and a continuation of the trend.
With everyone's attention on Bitcoin's price skyrocketing, Litecoin has exploded higher. This daily chart which is almost 1 year shows Litecoins incredible run higher.
