While the price is above the support 64.45, beginning of uptrend is expected.
We make sure when the resistance at 109.10 breaks.
If the support at 64.45 is broken, the short-term forecast -beginning of uptrend- will be invalid.
The RSI support at is broken, so the probability of beginning of uptrend is decreased.
While the RSI downtrend is not broken, bearish...
If you have the guts for exposure to such high beta (if you're familiar with the concept of variance) then getting into a basket of crytpos is for you. And if getting into a basket of cryptos is for you, then most of your exposure should be to Litecoin, not Bitcoin, Ethereum or EOS. As stated several times and reinforced today, Litecoin remains the best performing...
We all know doji patterns after an uptrend suggests a reversal. LTCUSD saw yesterday form one of these patterns. However, the difference between LTCUSD's doji yesterday is that it did not really come at the end of an uptrend. Rather, price action has moved mostly sideways over the past week of trading. Because of this, I would not start lighting your hair on fire...
From February 2018 entry until early March 2019 entry, LTC is the best performing crypto. Not much else to say beyond this other than its still extremely high beta.
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The Litecoin LTCUSD pair is already flashing overcrowded with the 50 day moving average headed towards passing over the 200 day moving average.While most moving averages point to upward momentum, the dreaded "death cross" is a more longer-term pattern all traders should keep an eye out for.
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Fundamental prospects surrounding the Litecoin Foundation remain bullish and supportive of the price surge.It has moved 100+% since december month from $22 price level.It has dethrone BitcoinCash(BCH/USD) from 5th position when it comes to market cap.
Litecoin has moved 50+% since 1st of this month and a possible pull back is likely to the...
Buy Price: Green Zone
SL: Below Red Zone
Profit: Blue Zones
Invest Suggestion: 10 Percent
Profit Expectations: 50 Percent
All technicall indicators of LTC are turning good, soon the EMA 13 will cross the others EMA's ( The Privot Reversal Strategy is indicating this reversal tendency ans an entry on this level right now).
Besides, we have great news about...
Buy Price: Green Line
SL: Red Line
Profit: in short-therm i expect 5%, in mid-therm i expect 30%!
Invest Suggestion: 20 Percent
Profit Expectations: - 10 - 30 Percent
Looking at the chart of LTC , we could see that is a low channel!!
We Have the 13 HMA crossing the 34 HMA and the 50 HMA , indicating that we have a growth tendency ( dont think it's enough to...
1. Every wedge fractal has resulted in a huge price jump.
2. Let's see if we can get some volume and break out from this fractal.
3. Bullish divergence at the end of each fractal (yellow lines)
4. Ben Trend Indicator is bullish
Here's my take on LTCBTC right now.
The RSI is quite oversold right now, so it should go up and recover any time soon within this week or next week.
Once it reaches it's critical point, late 2018, it should, hopefully, touch down on the trend line, and spring upwards.
Patience is paramount!