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...
Litecoin has been dominating the market lately and leading the altcoins to higher highs.
However, we are now at a very important resistance for Litecoin.
It is going to take a lot more volume to break the previous support level that has now flipped as resistance.
We are in a massive rising wedge with declining volume and bearish momentum is starting to take...
Litecoin has made a Bearish SFP and then a new Swing Low. And now it seems like, this will make a Bearish Retest to the EQ of the Trading Range. Hence, this will cause the next leg down to the Fibonacci Retracement levels which are also the Key OB and its below.
Please let me know if you have any suggestions...
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...
A lot going on in the chart but here's what to expect over the coming months.
As compared to the timeline from Nov '14 - Jul '15, Litecoin is in the midst of a double bottom "W" pattern. I believe we may see a move upwards to $38-$40 before we head towards another low of ~$22-$20. Once we hit this low, we should see a nice rebound. This is...
After the previous halving of Litecoin’s block reward in 2015, its price increased by 400%. Should we expect a similar effect now?
On August 5, a block reward halving occurred in the Litecoin network on block 1680000, as a result of which the miners' remuneration halved. Instead of 25 LTC, miners will receive 12.5 LTC for each new block.
Litecoin is one of the...
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 cryptocurrency has formed a complete shark pattern and entered in potential reversal zone.
The RSI is already oversold.
I have defined the sell targets using Fibonacci sequence plz find below:
Buy between: 85.330 to 81.050
Sell between: 91.005 to 101.533
Atif Akbar (moon333)
We are receiving sell signals for Litecoin on the shorter time frame chart! May be time to take short profits. If we look at our daily chart, the MacD for Litecoin just had an EMA switch to bearish. This is no time to be buying, but if we look at the last bottom at 77.54 it is entirely possible that we may see a double bottom come in there, and if this happens,...
Afternoon everyone. Bottom line – I’m very bullish on LTC and have a long-term position that I’ve been building since early 2017. But…this is called TradingView, not InvestingView, so here’s what I’m looking at.
- The halving came and went without much drama. It was priced in over a month early in keeping with historical performance. Notable is that Charlie...
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...
I am looking at Litecoin LTC from an Elliot Wave perspective in this analysis. From my count LTC has started its main wave 5. Price looks to have completed 5 waves up to make primary wave 1, we are now inside primary wave 2 retrace. I am expecting to see an ABC or ABCDE type retrace to the area marked in red. This area coincides with the weekly 50...
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...
#Litecoin #Bitcoin #Ethereum
Hello to all watching my charts
If you check the Litecoin and the Bitcoin chart
its interested that in Litecoin there is no long
I have brought you here all highs as resistanced
with black arrows here.
It is to mention that all arrows are lower and lower
What we do need for a trendchange to long
is a jump above the...