what is the next move for litecoin ?! multi-timeframe analysis -- the complete analysis for litecoin that shows you the historical levels that we must respect searching for the best opportunities with the lowest risk #eg_einance
Price came back to a strong mirror level. The best variant for growth - slowly squeezing near to level and only after that - breakout. As always, buying after retesting with SL lower than level. Don't forget, it's only a possible option to open a position. Let's see Write in the comments all your questions and instruments analysis of which you want to...
Litecoin escapes from the consolidation channel, and starts a new climb. Long prediction for today. If you appreciate my analysis please like and follow. If you want other tools analyzed, leave their names in the comments, and in the next hour I will publish the analysis. Everything on green !!
Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $190-192 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Short Trade Setup #1: Retest and Continuation (61.8Fib) 1....
Entry 0.003900 SL 0.003959 TP1 0.003879 TP2 0.003862 TP3 0.003847 TP4 0.003829 DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment...
Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out! If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below! And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins! Trade Setups Below...
Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out! If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below! And don’t forget to check out my daily analysis on Bitcoin & Ethereum! Trade Setups Below are the...
This is a simple comparison on LTCUSD of the current cycle with the previous. As seen on the chart, on March 2017, Litecoin broke above the accumulation sequence that was contained under a Lower Highs trend-line and that 1W candle was what kick-started its parabolic Bull Run. Right now the situation is exactly the same. The current 1W candle is the strongest...
In my book, LTC has been one of the disappointments of the year. The main reason is the inability to break the Lower High trend-line of the long-term Channel Down on the 1W chart. In fact, the recent mid-August top was made exactly on the trend-line. There is light in the tunnel though as the RSI is slightly ascending, while the LMACD is stable too and since the...
I've published the very same pattern back in December 2018 when the previous Bear Market was at its lows and while everyone was panicking, called for a potential Bottom on Bitcoin and a Bull Run to follow. Why? Simply because of the Litecoin break-out relative to BTC. As you see on this very simple chart, every time the LTCBTC pair breaks its Lower Highs...
Pattern: Channel Up on 1D. Signal: Bullish as a Golden Cross took place and the sequence is similar to the one that led to the parabolic move of February - April 2019. Target: 0.01200 (Lower High trend line).
Litecoin just broke above the Lower High trend line that started with the June 2019 top. Is this a Bottom and thus a long term bullish sign? Well a quick comparison with the Dec 2018 - Jan 2019 bottom sequence shows that when the long term Lower High trend line (dashed) breaks, the Bottom is in. The RSI sequences of the two periods is also similar. So what I am...
Pattern: Channel Down on 1D. Signal: Bullish as the Channel Down broke to the upside and the price crossed the 1D MA50 by a wide margin similar to December 2018. Target: 0.01400 (0.786 Fibonacci retracement on the wide 1M Lower High trend line).
Pattern: Channel Down on 1D. Signal: Bullish as the pattern broke upwards (Lower High line) on an RSI bullish divergence. Target: 110.00 - 120.00.
Hello to all watching my charts. LTCUSD is in Short mode like ETHUSD also. Here in LTC Litecoin its in addition a broken trendline which has been last from 17.10.2019 till now and Litecoin have been sitting up and jumped up from that line at least minimum 5 times. If such an important Long trendline is broken there is something change big coming in short ,...
The title really says it all. LTC is trading around the 1W MA50 on a possible mid term support event for the current Bull Cycle, which is methodically repeating the 2015 sequence. This MA period previously held throughout 2015 - early 2017 up until Litecoin initiated its super strong rise to the mid $300s peak. Notice how the Top-to-bottom and bottom-to-Halving...
LTC just experienced the Halving event. The current cycle is repeating methodically the 2015 sequence and so far we have reached the point where the 1D MA200 is supporting. This MA period previously held throughout 2015 - early 2017 up until Litecoin initiated its super strong rise to the mid $300s peak. There is no reason to expect something different this time....