Price Prediction For LTC BTC Trading Pair. This is the 1-Day Trending Chart for Investors. Here I am talking about "cyclic patterns", which means averages like to oscillate above and below each other at a frequency. To better see this, scroll back in time. 1) You''ll notice the MA 50 oscillates above, and then below the MA 200. 2) You'll notice the EMA 15...
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
I believe that the correction of wave 4 is done, it show the same pattern in the Litecon/dollar chart so this is the confirmation. FOLLOW and LIKE for more trading ideas.
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.
Litecoin has formed a descending triangle pattern, which is a bearish continuation pattern. I would expect LTC to break to the downside and continue lower in the short term.
Litecoin has made an incredible move higher over the last several days but now appears very overextended. IMO LTC will need to consolidate here or possibly even pullback some to give the moving averages time to catch up.
Litecoin is now forming a pennant pattern after a huge run-up in price the last couple of days. I would now anticipate a breakout higher and a continuation of the trend.
Litecoin will make price correction down to 150-160. Dont rebuy at high levels. Have a nice day guys.
Tom Demark count gave a red 2 on the daily chart. This is a clear sell signal. Moving average convergence divergence also confirms this. I expect LTC bear trend to continue up to 6 more days till we reach red 9. Scenario1: Price will drop till 86.692 (fib 0.382) and bounce from there. Scenario2: Price will drop till 80.566 (fib 0.5) and bounce from...
We are due for a correction after double topping our 100 levels for LTC. This is normal and healthy as we will follow our fibonacci retracement. Further look will be assessed as the coin dumps. Entry: 74 Stop Loss: 62 Target Profit: 125-130 As always, Happy Trading!
Litecoin is looking bullish to reach past $60 mark again when the market spiked ($62) after the crash to $36 with the closure of the Chinese exchanges. Bitcoin is stabilizing above $4000 USD with the upcoming friendly fork of Bitcoin Gold -0.30% so Litecoin is looking to hold above $50. Look to swing trade between $52 and $56. First wave of Chinese exchanges are...