Litecoin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 105.7 is expected to happen.
Litecoin - 16h expiry - We look to Buy at 78.71 (stop at 75.71)
Price continues to trade within the triangle formation.
Trend line support is located at 78.70.
We look to buy dips.
Expect trading to remain mixed and volatile.
Daily momentum has stalled and our bias is neutral.
Our profit targets will be 85.91 and 86.91
Resistance: 82.00 / 83.28 /...
Our priority scenario in Litecoin has changed after yesterday's drop below $90. We still believe that LTC will continue to rise in wave 3 above $105.57, shorter term targets we will be able to determine after the correction is over. A drop in price below $81.76 cancels this scenario.
Our priority scenario in LTC is the continuation of growth in wave (3). Prices can come to $105.63 in the next few days. The mark of $90.04 is the level of cancellation for this scenario.
Litecoin is climbing further North to reach the blue target zone between $132.29 and $154.36. Within this zone, we expect the coin to fulfill the blue wave (iii) before pulsing down to the corrective low of the blue wave (iv). After completion, the course can rocket back towards the sky to carry on its bullish trend until the pink wave finishes.
This is the zone for me to long, easy septup!
based on weekly levels, and fibonacci extensions this level plus the control point would be the one to make a long
I like what LTC could be ahead of its EoY forecasts.... this chart is a quick short term rally. Come Summer time the real festivities kick off. I will be adding LTC to the portfolio. I think its an excellent option for people who feel priced out of ethereum and bitcoin. The demand hasn't even really begun, anticipate steady demand & incremental climbs. Those who...
Litecoin broke trough off the upper boundary of descending channel. Asset broke trough off the resistance level. Bullish movement to support level at 55.4 is expected to happen.
I've been a long-time advocate of Litecoin and I believe the breakout has happened, although many haven't even noticed... Too many people are focused on the negativity and what Bitcoin is doing and have forgotten about the lost silver of crypto!
Litecoin - Intraday - We look to Buy at 50.51 (stop at 49.58)
With signals for sentiment at oversold extremes, the dip could not be extended.
We look for a temporary move lower.
We look to buy dips.
Bespoke support is located at 50.50.
Our profit targets will be 52.98 and 53.48
Resistance: 53.00 / 54.00 / 55.00
Support: 51.50 / 50.50 / 50.00
Disclaimer –...
Litecoin bounced off the support level. Bullish movement to resistance level at 54 is expected to happen. If the next resistance level will be broken up the Litecoin is supposed to reach 55.4.
RSI has reached its bottom point
Price will likely pose a reversal
I have a feeling that the reversal we will see will be a lot different to the previous two rallies that I have charted (300%,400%). With a bigger breakout being on the horizon.
Linking some relevant ideas below
Litecoin - Expires tomorrow 9am UK - We look to Buy a break of 56.02 (stop at 54.47)
Trading within a Corrective Channel formation.
A break of resistance at 56.00 should lead to a more aggressive move higher towards 60.00.
With signals for sentiment at oversold extremes, the dip could not be extended.
Our profit targets will be 59.75 and 60.75
Resistance:...
