Going to start averaging in soon. It appears that the 1st and 2nd wave of C has happened and began wave 3 which hit the .618 leading me to look around the 2.0 extension at $174 (in red) or the .5 extension (in blue). Not going completely in on this move if it only goes to .5 extension. Stop losses will be set below .764 at roughly ~$149
Overall, LTC/USD is looking bullish. The initial move from $135 to $210 wasn't as impulsive as I would have like with only reaching the 1.382 extension. However, it didn't violate any Elliott wave rules so I remain bullish. I'm currently looking to average into a position and looking for a C corrective wave unless $210 is taken out. If it is, I will wait for the...
Risk: Very low Please be advised that this is only an idea, so you are responsible for any losses yourself. Dear followers, First of all, thank you for following and liking my ideas. The number of followers is rising rapidly. I just started posting since December and it looks like I'll reach my first 1000 followers before March! You people can help me with...
Hello Traders! Glad to present Tengri's Traders prediction concerning Litecoin. Short term targets: 240$ - 250$; Middle term targets: 300$ - 320$; Long term targets: 400$ - 450$. Subscribe to "Powerful Traders"! Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis,...
Litecoin broken downtrend trendline and retested Also its appearing in 61.8-78.6 critical make or break region. Assuming buy around 250$ per LTC with stops below 190$ Targeting two zones 280$ per LTC and then 350$ per LTC. Good luck guys
Litecoin is holding well above our ascending support line. The key idea is to wait for the break of major support at 249 (ascending support, horizontal overlap support) and this could trigger a bearish exit towards 223 support (Fibonacci retracement, elliott wave projection, horizontal swing low support). Stochastic (34,5,3) is seeing major resistance below 96%...
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?
First time posting here at Trading View and long time since I've done any TA. Just starting to look at Crypto after a few years in the Forex game. Nothing too deep or special here on this chart; I like simple concepts of Support and Resistance zones, trend lines, and above all else, PRICE ACTION. Have seen some similar ideas for Litecoin here, but this is my...
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!**
bounce off support to continue uptrend possibly retest at 284.283
we should see a bounce here quite possibly. Some key resistances along the way. What do you guys think?
Litecoin is currently in the process of building support. The break of the first fan confirmed support at 250. Break of the second fan will confirm support at 275, and will likely allow LTC to break resistance at 375-380 to continue moving up to new ATHs. Expect a surge in volume around 375-380 (current resistance). As long as 275 holds during our period in the...
Hi Everyone, (I accidentally posted this under the BTC charts, here it is on LTC). Hope you are all doing well and have accumulated a healthy amount of coins. I am basing this current chart off of the 2017 September Market Correction to anticipate how markets move. Because if its one thing about stocks/crypto...markets always have patterns. While it is not...
Price is now testing major support area starting at 296 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support, bullish price action, bullish divergence) and a strong bounce could occur at this level to drive up price to next resistance level at 339 (Fibonacci retracement, horizontal swing high resistance). Our next major level of...
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. ...
Good opportunity to buy, after the break above. BITFINEX:LTCUSD
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...
Rough estimate after successful breakout. Will know more once the Elliot Peak 1 is formed.