I am not an LTC hater and I hope i would be wrong but the chart never lies: LTC is seriously under trouble, unable to break higher, over resistance and i see a further drop..that's my TA opinion. Fundamentally there are good and bad views.. mine is mostly neutral at this stage, i prefer to 'listen' to my chart. “DIGITAL GOLD” VERSUS “DIGITAL SILVER” or just an...
Litecoin Intraday - We look to Sell at 119.38 (stop at 121.57) The trend of lower lows is located at 121.00. Previous support, now becomes resistance at 122.00. Broken out of the Head and Shoulders formation to the downside. We have a 50% Fibonacci pullback level of 118.75 from 127.38 to 110.12. Our profit targets will be 110.15 and 108.12 Resistance:...
Litecoin Intraday - We look to Sell at 121.95 (stop at 123.50) The trend of lower lows is located at 126.00. Previous support, now becomes resistance at 122.00. Current prices have reacted from a low of 117.50, however, we expect further losses to follow. Preferred trade is to sell into rallies. Our profit targets will be 117.49 and 116.10 Resistance:...
Using the 50MA we can demonstrate three periods of support On a timeframe so large as the Monthly it is almost guaranteed that the third touch on the 50MA will result in support All you have to do is throw in a bit of patience
Litecoin Intraday - We look to Sell at 128.39 (stop at 131.21) The trend of lower intraday highs has also been broken. The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment. Previous support at 128.00 now becomes resistance. Follow through bearish momentum from 126.80 resulted in net...
LTC/USDT short Entry Range: $123 - 133 Price Target 1: $117 Price Target 2: $104 Price Target 3: $92 Stop Loss: $140
LTCUSD - Intraday - We look to Buy at 113.92 (stop at 111.57) We look for a temporary move higher. Previous resistance, now becomes support at 114.00. 50 4hour EMA is at 113.00. 6 positive daily performances in succession. Our profit targets will be 121.78 and 124.15 Resistance: 125.00 / 130.00 / 140.00 Support: 114.00 / 110.00 / 100 Disclaimer – Saxo...
Litecoin is undergoing a long build up phase As you can see on the right, it is just a bigger formation of one previously seen, and the one previously seen produced great results The BTC pair shows a falling wedge, falling wedges are a very reliant and aggressive bullish pattern Its just a matter of time within a wedge like this Chart above suggests an entry
Litecoin giant magic triangle originating in the year 2017. This is a rare technical pattern with beautiful symmetry. A mark of history to document a pending bull run. Happy trading! Due Diligence: Litecoin has always been one of the top name brand recognition in crypto. It trends together with large market cap coins like Bitcoin and Ethereum . There has never...
📉 Expecting bullish price action on this crypto coin as price is rejecting from an important psychological barrier which is 100$, this is kind of a risky entry because the strucutre is still bearish. For a more conservative entry wait for a BOS above the previous high, retracement and then enter longs. I will enter on this trade on a smaller risk, if it hits my...
Entry in white on the 200MA which is currently being tested on the weekly The Top Cap indicator has been hit twice in the past, will we see it tested again in the future?
Greetings, Today we're having a look at one of my favourite classic cryptocurrencies, Litecoin . We are at the bottom of another lengthy swing trade (2-5 months long trade). Right now Litecoin price is on strong support levels ($97-100). If it breaks below $97, we are in trouble people (Set stop losses accordingly!). For those new to the game, let me give you...
LTCUSD - Intraday - We look to Sell at 107.15 (stop at 111.10) Preferred trade is to sell into rallies. Previous support at 108.00 now becomes resistance. We have a 61.8% Fibonacci pullback level of 108.41 from 116.00 to 96.14. The primary trend remains bearish. Our profit targets will be 96.14 and 91.22 Resistance: 108.00 / 112.00 / 116.00 Support: ...
Litecoin has entered a mini down move, within a falling wedge Falling wedges however tend to break out aggressively to the bullish side once completed, as shown in the green box of the first wedge It is just a matter of time before the more recent wedge breaks out to the upside and pattern completion occurs
LTCUSD - Intraday - We look to Buy at 103.39 (stop at 99.97) Preferred trade is to buy on dips. There was little net movement as we continue to consolidate within the 110.00 - 115.00 range. The trend of higher lows is located at 102.00. Previous support located at 100.00. The bias is still for higher levels and we look for any dips to be limited. Our profit...
Periods of Bear and Bull are shown in sections Currently price is within a falling wedge, as it has been before and broken out before successfully The 200MA is currently being touched and is a great point for a suggested break out of the wedge 900D cycles seem to be common with a Bull and Bear cycle sharing roughly the same length
LTCUSD - Intraday - We look to Sell at 110.63 (stop at 114.50) Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 109.50. The hourly chart technicals suggests further upside before the downtrend returns. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further...
LTCUSD - Intraday - We look to Sell at 110.90 (stop at 115.68) Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 111.00. The trend of lower highs is located at 111.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Our profit...