As you can see in the chart, Litecoin is nearing the end of phase 4 of it's Elliot wave and will soon shoot up to phase 5, after which we will have a small correction(ABC) and then we shoot up straight from there as suggested by the fractal taken from it's Sep 2017 Breakout. I'll be Long at support($130-$139) The fibonacci extentions are just to show correlation...
After the price was supported in the range of $ 158 to $ 161, there is a good opportunity for a buy position ... The first target is $ 180 and the second target is $ 210. The stop loss is fixed below $ 150 .
Hi, this is my new update for LTC. In the last 3 weeks LTC has risen over 70%, but some other coins have already risen more than 100% and they are also above the SMA100 and the SMA200. Right now we are above both the SMA100 (174$) and the resistance 180$, if close todays candle above it then we are ready to test the SMA200 (192$). There are many resistances in the...
Litecoin has made 11% gains in the past 24hours. Next wave up Litecoin can definitely reach $175 within the week.
It has been a few days since LightQueen Trend broke its 67-day bearish trend and started moving towards its price targets. The price targets and their resistances are plotted on the chart. The resistance between the price of 255 and 260 is very strong and it is important to break and stabilize it. Currently, due to the increase in the bitcoin range and its...
Folks, Morning we see a Inverted head and shoulders on the 4 hour lite coin chart. Getting excited now.. The overall trend is bullish but for a good buying opportunity you have to be a little patient. I want to see price rebound at retest $147.- or maybe even lower to have a good buying opportunity! While writing the recent candle is becoming a form of a...
In yesterday's comment, I said that Litecoin is waiting for a trigger for breaking up. With the new wave of optimism in the crypto market, LtcUsd has broken above 150 important resistance and I expect continuation. As I said, my target is 200usd zone 150 is now support and, in my opinion, should be bought
Like all the crypto market, Litecoin also corrected hard, dropping around 75% from top to bottom. 100 is strong support for this crypto and we can have a double bottom in place. At this point, LtcUsd is trading just under 150 neck-line resistance and a new wave of optimism could lead to a break. The measured target is 200
On both charts Bitcoin Diamond and Litecoin we can see the similarities, both with a large rise then following a pullback Linked below is a great fractal showing the potential of this formation I am seeing this formation more commonly across the board
English: Litecoin is the sleeping giant. Starting in December Litecoin will start to rise quite a bit In the previous halving it has touched 0.025 LTC / BTC and a parabolic pattern has been created. Litecoin may take longer to rise than other cryptocurrencies but it is inevitable that it will end up rising and when it does, you wish you were...
Hi Folks, These consolidation times are often very boring.. we want action.. But do you know that for 2/3 of the times the markt is going sideways/consolidates. And 1/3 of the time it goes either in an uptrend or downtrend.. What is your strategy? One of mine is to look for pullbacks/retracement (A real retracement in an uptrend is a decline between 33%-66%)...
Folks, Excuse me for drawing the neckline wrong.. Here is the update with the right drawings..
Folks, Be aware of a possible head and shoulders pattern in the Litecoin/USDT pair on the 4 hour chart. The first breakdown of the neckline has got rejected by the bulls.. But simply if it breaks be aware of prices fall back at the horizontal line drawn.. How do you target this? You take the highest price at the head formation and calculate the % it falls...
LITECOIN change its trend after a long short trend and now it is in a strong ascending channel. its look that LITECOIN wants to rest and become range after a spike. then it continue the trend and goes up till higher target (148.00) .
Mirroring 0.618's climb within the circle 1.618's climb within the circle may result like this A result of this would be temporarily extremely bullish for LTCUSD
Like a lot of coins, also Litecoin is pressing in an important support This support is too obvoius for me to believe in it and I expect a breakdown 80usd zone can be the target for bears and only from there I expect a genuine rally
An idea for LTC/ETH it has been in a pretty strong downtrend is the touch on the 1.618 fib circle an indicator for a reversal? Yes
on the LTCBTC chart the 1.618 fib level is a point of interest, where price will likely be rejected bullishly with aggression As has been observed in the past On the USD pair a Golden cross has been recently observed, the previous golden cross on LTCUSD led to the ATH Will we see ATH this year? likely. Deathcrosses in red, golden crosses in green (1) is a...