Classic bullish divergence example, only viable if wick is bottom. Supported by a strong golden cross, as said on chart. Litecoin will see some great upsides in the near future. Consistent with my previous angle of symmetrical triangles forming on LTCs chart. I will link this. This is a weekly chart.
Dates in the future with the highest probability for price direction reversals
Hi fox hope you are well, here I have found another profit potential trading idea for you and this time on 6 hour chart the Litecoin (LTC) is forming bullish Shark pattern and soon it will be entered in potential reversal zone to move up. The Pattern: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is...
Golden cross that has appeared on the weekly chart may produce large gains and result in a parabolic rally, two symmetrical triangles can be observed, both bullish. Will a third form? Maybe.. Included a fractal and possible pathing for a parabolic rally. Litecoiinnnnn.
Long term bearish cypher, easy profits to be made in the short term with a golden cross present on the weekly chart. This golden cross has proven to be successful on BTCUSD so why wouldn't it be on LTC? Best to go long. Included a fractal for the cypher not sure how accurate it will be lets just see how it plays out :P. I still believe ERC-20 Tokens and Ethereum...
Hi friends hope you are well, here I have found another profit potential trading idea for you and this time I have found a harmonic move by Litecoin. The Priceline of LTC has formed bullish BAT pattern and entered in potential reversal zone and ready for bullish reversal soon. Let’s have a look on the LTC move: After initial leg (X to A) the A to B leg is...
Litecoin has formed a descending scallop on the daily chart, this is quite early in the formation but it looks to be forming it. Currently sitting in a weak regression uptrend, using this as a reference, it will most likely be broken. As said on chart any area here is good for a long entry. Still very cheap in retrospect.
litecoin : Price Prediction 2020
0.91 Linear regression uptrend room to move up..
Litecoin has presented multiple chart patterns on the 4H chart including a rounded top reversal, a bullish triangle, and currently is sitting within a WIDE broadening wedge. With higher lows present this could lead to a bounce for the coin at the 50MA level. If not a breakdown to 200MA on 4H is expected.
Weekly Golden Cross, if this holds any merit upsides are expected. Also a double bottom formed on the grey fib line, with higher lows present.
Current trading channel. We are at the heart-line with no real clear direction, me personally thinking this could be a wave 3 up all the way to that 2.168 with a pullback to the heart-line as support before more bullish movement. Let me be clear, this is a terrible place to make a trade, as we are currently in a spot where the market will make a decision that we...
Priceline of World's 6th largest cryptocurrency out of more than 2300 cryptocurrencies LiteCoin (LTC) with Bitcoin pair is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this...
cup and Handle Breakout to .618 Retracement
Hey everyone, it appears Litecoin bottomed out against Bitcoin at 0.005-0.0055. We should see a small pullback to the 0.0065-0.007 area and continue the march long up to 0.013. I give this trade a risk/reward of 2/1 at the moment. Over the next few months look for litecoin to touch the 0.01 mark against Bitcoin and break through up to 0.013.
and Handle Pattern Breakout! About three weeks ago, heads up given. Now, Cup & Handle completed and just breakout with favorable technicals, MACD & OBV. LTCUSD did >12% gain yesterday, and sustaining momentum to take over rally lead from BTCUSD. Very obvious right? Have fun, enjoy the ride. See you about 88
COINBASE:LTCUSD Is breaking the last resistence. We enter in the retet of it, this setup is shared live. Entry, target and SL in chart. Enjoy!
Awkward H&S, currently sitting on EMA level, very precarious.