For what its worth, Long on breakout looks good Good risk reward ratio
LTC seems to have formed a symmetrical triangle on the daily chart. If there is an outbreak to the upside, prices can potentially reach $470 to $500. The following conditions have been met for the symmetrical triangle. 1. The general trend of LTC is to the upside. We have consolidated in the triangle after a bullish move. 2. The triangle has been formed with 3...
Looking at the BIG PICTURE and the long term for LTCBTC we can see this beautiful ascending triangle we have been forming since early December 2017. I have two lines on the upward slope indicating 2 possible scenarios for this to fulfill. Currently as we speak the DMI is oh so close to touching but the + is still on top. The ADX is above our signal line...
Good Afternoon. Just wanted to put out a quick snapshot on LTCBTC . Currently, looking at the DMI, the -DM and the +DM have touched and tried to cross 3 times recently, but it has failed to do so signaling failed attempts to break out. All the while the ADX has stayed relatively low showing there is not really a trend going on here. If you look on the RSI we...
Here is trade setup: -Bitcoin is gaining on dominance - ABC pattern end -MACD bearish divergence -Resistance bounce
LTCBTC back to .382 fib level and then new highs or we go straight up from here
Yes, another post on LTCBTC ! Just wanted to get this out to show what we are seeing on the STOCH RSI, RSI, and CCI on a 4 hour mark. All 3 are beginning to fall which could show signs of weakness and being oversold. We have had another rally but could not reach the previous most recent high of .02490. We topped out around .02381 and we have started to fall...
Ichi may soon strongly signalling an entry. Placing bids on the Kijun and slightly above. Stops just under 0.02.
See the light in LTC (LitePay launch in 6 days) Here are my thoughts on [ LTC/BTC and where it will go in the next few month. I think this is just beginning to find its support around the .02 range and will dance around there for a while. It looks to me like we are forming an Ascending triangle in which often resolves to the upside with the rising trend-line...
Position: Leaning Bearish. Not as many Bearish indicators on LTC as there are on ETH. But enough to make me think this is going down. Perhaps one of the biggest reasons LTC will go down is it will be dragged down by ETH and BTC. ETH has a solid reversal set up to drive it down further. If LTC dips, I REALLY like the set up we have here. I will go into that at...
Hidden Bullish Divergence on LTC : 210 to 226 so +$16 per LTC That should bring the price to $242
Guys today we saw Litecoin selling off from the 50% Fib level. It is common for Algo s to sell off the 23, 38, 50 and 61.8% fib levels when the market recovers from a down trend. This may sound chinese to you but just imagine the downtrend we had since december. A fibbonacci level is drawn from the All Time High to the Bottom of the retracement we saw. the levels...
Looks like Litecoin might be continuing downward for the next few days.
Looks like the current dip is hesitating for right now but I'm convinced it's heading down some more soon. Expecting a deeper dip than last time, possibly testing $100. Might sound crazy, and I'm sure i'll be scoffed at by all the lambo/moon/permabulls, but they've been wrong since ATH, and are only now accepting that there has been a downtrend. Still, I laugh at...
Descending triangle on LTC Take a position above the triangle in a Stop Buy so if the price break out upward, you get filled automatically for the way up. Target : LTC = $415
Next Stop: 307.50 Potential 17% Gain from $261 10-12 Hours Later a six (6%) pull back to $289 8-10 Hours later 11% increase to $320 That's my take on it. Could jump past $307.50 to $320 or $350 or higher if news comes out toorrorow. If you like this and you find success, share the love with a tip: (LTC) Litecoin: LYcKnmHmTk2dJLvaXPSZEQXk35UkbyenLa (ETH)...
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!**