Wonky inverse H&S pattern followed by bitcoin, possible trend reversal. Still learning these fib retracements so let me know if i'm doing it wrong :) 0.82 regression downtrend, so clear downtrend still (i shouldn't be picking bottoms, but i am). Fibonacci retracement hits 0 at $42. Short term trading target is 0.236 fib line at $48.
Movement upward possible with completion of inverse H&S.
26.11.2019 - Possible movement patterns of lite coin, strong descending regression trend. Pretty good scalping coin.
Last time I made a post on LTC was at $55 and I projected to hit $60 - $62 easily in the close future. We are now in the future and seeing that my analysis was perfect calling this trade weeks ago. Having opened a position here which I gave a signal for in my TG channel I am now closing this trade.
The priceline of Litecoin / Bitcoin formed a bullish gartley and entered in potential reversal zone. This potential reversal zone should be used as stop loss point. I have defined targets using Fibonacci sequence: Buy between: 0.006703 to 0.006643 Sell between: 0.006750 to 0.006864 Regards, Atif Akbar (moon333)
Everything in crypto is cyclical, that means that alt season is coming back again. How do you get ready for the season? What are some of the best alts to buy? The best thing to do is to load up on high performing alts and one of these is Litecoin. Let's look at it from this perspective; Litecoin has hit $400 and on the next move it will hit $400.00 again and then...
Priceline of Litecoin / US Dollar has formed a bullish butterfly and entered in potential reversal zone to take bullish divergence from here soon insha Allah. MACD is turning bullish. RSI is oversold. Stochastic has given bull cross. Price action is getting bounced after hitting the support of bollinger bands. Volume profile of complete pattern is showing less...
It is hard to see historically a quick recovery under the strength of a daily death cross. Litecoin has that to deal with and then some. It tried to go over resistance (The green trendline) in a very weak way but both the resistance and trendline meet right where it tried to pop up and when two resistance lines meet the likelihood of a drop is very strong. As we...
Litecoin is the right coin as a means of exchange. I'm gonna be going in heavy on Litecoin but I'm not in a rush to market buy. I'm looking to catch this wick or buy the range if it holds.
Litecoin is showing a lot of bullish potential so long as it can hold this 61.8 level, which for the time being, seems like the most likely scenario. We can see that Litecoin appears to be consolidating right at this 61.8 level, and with that, building momentum. The 1 day time frame is looking strong on the Macd and we are getting a green bar on the Megalodon...
Looking at our 1 day time frame chart, we can see that Litecoin is sitting right about the 61.8 level on the fibonacci. We can also see that the Megalodon indicator is giving us a buy signal on our shorter time frame chart. It is important to keep an eye on Bitcoin to see what the market as a whole will be doing, but it is certainly not a bad time to be buying...
Priceline of Litecoin / US Dollar has formed a bullish shark pattern and entered in potential reversal zone. RSI is also entered in oversold zone. Volume profile of complete pattern is showing less interest of cryptocurrency trading at this area. I have defined targets using Fibonacci sequence as below: Buy between: 79.302 to 71.986 Sell between: 85.858 to...
Hi guys its Brian here with a long opportunity for Litecoin (LTC) As you can see from the chart, LTC recently just bounced off a super strong support as shown by the green circled areas. LTC has had 2 previous green days and if the support holds, I think we are headed upwards either in the near future or perhaps some consolidation before moving higher. Stop...
As I predicted July 27 roughly 4 to 5 days before the LTC l halving; Price action was set to be doomed with miners receiving 1/2 in compensation— The appeal for LTCUSD fades As it is essentially a gimped BCH but Nonetheless every influencer with 100 million followers posted about how I have no idea what I’m talking about ( Despite over six years and I can’t even...
hey guys, in this analysis I'm bringing you litecoin `s bearish scenario just to keep it in mind since 95% of the analysts out there are screaming " moon moon moon " Since I'm too lazy lol I decided to explain everything on the chart. please take your time to understand my point, thanks in ADVANCE. Nothing I'm sharing over here is a financial advice.. its all...