Although the recent action has been choppy the trend is still to the upside. Support zone 140-115 has held and until it breaks below I think we can expect higher prices. Ethereum strength has been encouraging so maybe litecoin can join in the advance.
The euphoria in the LTC market did not live up to investors' expectations. Breaking the global mark of $145 up gave the price a great chance to continue to rise to $220. However, the sharp fall in the price of BTC significantly adjusted the plans. As a result, the LTC price broke the bottom trend line of the channel in which it traded from December 11....
LITECOIN - Intraday Update - 12/03/20 (Short-term) Bottom Line: Subdividing higher within wave iii of (iii) The bearish alt: count. Bottom Line: The alternate count, is the Bitcoin may correct in a wave ((2)) minor. A more bearish possibility is that wave (C) is developing as a zigzag and will make a new low under 79.84, before the rally in wave ((3)) begins.
Good afternoon! We have published a fairly accurate series of LTC ideas. It's time to continue) The LTC price has once again hit the trend, which for more than 2 years has not allowed LTC to start a global up trend. Now, we expect LTC fall to $41 for a start. Cancellation of this scenario is a breakout and fixing above the level...
Things to note about Litecoin and why it is entirely possible that we are still going down further. There is a death cross in the 1H, 2H, 3H, 4H, 6H, 12H, and now the 1D timeframe. Historically price goes down after a death cross on the 1D and it takes a small timeframe to recover from it. Those of you that bought in the $60's do not sell. We may go down some more...
#Litecoin #Bitcoin #Ethereum Hello to all watching my charts Litecoin similar to other cryptos is catched in a trading range between Low Support at 87.50 and High Resistance at 96.00 Only after a breakout in 1 direction above resistance or below support we are able to analyse a clear status. At the moment its a Neutral Status No reason to trade...
#Litecoin #Bitcoin #Ethereum #ETHUSD Hello to all watching my charts Today we have a normal pullback maybe to the breakout level of the inverse head and shoulder formation which has beeen stablished and formed yesterday (Please watch my black line here) But nothing to worry about at the moment What is to mention is, the best for long positions is my black...
#Litecoin #Bitcoin #Ethereum Hello to all watching my charts Impressive , what Litecoin is doing today. Has build now a bullish SHS Formation (Shoulder/Head /Shoulder) and is in a long way now. Also has climbed above my long setup level from last post. so has climbed above the major resistance BLACK LINE. LONG NOW Good trades If you want to support my work...
#Litecoin #Bitcoin # Ethereum Hello to all watching may charts After the desaster in crypto currencys of the last days we do see here a small chance of a new shorttime long trend in Litecoin which is little bit surpising as Bitcoin itself f.e. is not such strong here at the moment. We have seen a higher High, but to confirm as this crypto is still in my...
#Litecoin ##Bitcoin #Ethereum #Crypto Hello to all watching my charts. Today Litecoin tries to find a bottom at one of my support aereas (Lower black lines) but the confirmation is not there at the moment. We do need a higher high and a jump to the BLUE ARROW AEAREA Thats important, all other movements of Litecoin is simply a bounce in the short trend for...
#Litecoin #Bitoin #Ethereum #Crypto Hello to all watching my charts Litecoin shows us now really weakness the last 1,2 trading days Broke the long blacktrendline support (my black line) and is now middterm and shortterm in a shortchannel- I have not added in the chart the shortest timeframe cause ist totally enclosed in the blue lines...
#LTCUSD #Litecoin #Bitcoin #Ethereum #Rekotrade Hello to all watching my charts I just write these words here and same time LTCUSD Litecoin has just fall out of my long channel in blue and sit on the last support line i have drawn in black. I daubt that the pair will recover soon and see a 60 to 40 chance of falling further down In best case we will have...
#LTCUSD #BTCUSD #ETHUSD Hello to all watching my charts. Lets today have a new closer look to Litecoin LTCUSD 2 things are to mention 1. We are with both channels again in a short situation 2. At the moment i write this down we have a chance for a new setup to long IF: At first resistance 122.60 will be broken (first resistance from yesterday post has...
#Bitcoin #Ethereum #LTCUSD Hello to all watching my charts Nice situation here in Litecoin today As showed yesterday we have made the move above 118.00 (you remember the arrow and my update ? ) and in the very very shortttime channel we re now in a long situalation Now everthing depends on whether the support at 114.50 (lower black line) will hold or...
Hello guys ! Litecoin is following a rounded bottom pattern for 2 times in 15 Minute chart and it made the first target now heading to made the 2nd target. This opportunity do not comes always, You can read the chart and do short term trade with 2X to 3X leverage for small profits. Thank You-
BITTREX:LTCUSDT A bearish bat on the move in the house, reached the prz and reversing, will be a bit aggressive with the short cover..
LTCUSD has made a bearish exit signaling that we could be seeing a change in momentum from bullish to bearish. We’re seeing 1st major resistance at 215.03 (Fibonacci retracement, horizontal overlap resistance, breakout level) and a strong drop from here could drive price down to 188.20 support (Fibonacci extension, horizontal swing low support). Stochastic...