As you can see LTCUSD pair has formed an inverted ascending scallop formation against the resistance of the fibonacci spiral, broken out, formed a falling wedge and attempted to break out again. I believe this is the pullback before a larger rise, hence the C target. On the LTCBTC pair you can see the TopCap indicator showing the value of the pair at its peak,...
Some spirals for the LTCBTC pair, price tends to trend along the spiral, or break through it in a strong fashion In this case i think the price will trend along the spiral until it breaks out upwards retesting resistance labelled (1)
More conflict move by BTC should dictate the direction this pattern will go. disclaimer: Arrows in this chart don't necessarily uphold to it's wave.
Hello guys, I found a cup and handle pattern on the 30min chart. So that's bullish on short term. If litecoins breaks the next resistance around $42 it could easily move up to $43. If it hits the resistance level of $44 it will probably get a correction, because bitcoin could drop anytime ( see following idea) Leave a like if you like this idea, I hope it's...
LTCUSD's decline unfolded in five waves with an extended move in wave v. Since the market bottomed around $25 price has been moving upward in a sideway manner, which is what to expect after an impulsive move according to Elliot Wave theory. The correction seemed completed and unfolded as a double zigzag. Further confluence suggesting the end of the correction...
Litecoin looks like its inside a bear flag and wants to drop some more. Short top of the flag.
Hello I look formed a shape of a descending wedge. and also stand above local support $ 40.9 I am waiting for a flat or accumulation inside the figure, and will leave the top to the resistance zone 43-44 This is just my opinion, and is not a call to action) Looks good? Leave a like, share and leave a comment. Thanks for visiting.
Formation of new Shark pattern: On short term hourly chart the price action of Litecoin is forming bullish harmonic Shark pattern and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Shark pattern should be: Buy between: $41.14 to $40.69 Sell between: $41.66 to $42.70 Stop...
As shown on the chart since erly October,ACB has been traded below the green trend line on the daily. It finally broke above it this week,but follow through is yet tobe confirmed. On the macd side, divergence has been building up since early October too as shown by the green trend line. It is important to note that since the middle of May 2019, MACD has always...
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Some interesting movements can be seen when LTC moved to $80 Can be seen to be rejected consistently at EMA levels, only to recover Also can be seen to be moving in timeseries, parabolic move This can be attributed to the formation of an inverse H&S
i did study the LTC chart today again, and here are my 2.0 chart. --> expecting depens on the MX data that LTC can break 50 usd + next time. --> BKEX about to take the trend volume to high % trade If you like this post pleas give it a like, and follow me for more updates # this is not an advice, trade on your way. After LTC 50 usd i will add new update.
Interesting idea from @CrptTeddyBear on TradingView.
EXPECTING THAT LITECOIN WILL INCREASE , depens on MX level. ----> Target 50 usd + if you like the post, pleas give it a like, and follow my channel for more updates.
Alt coins are sleeping Shh! Next dot com bubble? Finally bought pro :)
We are in a short term bullish trend but the medium term is STILL bearish. I am not sure if we will crash from these levels or will go all the way up to 50 usd levels and crash but the higher it goes up the bearish I will become. I will be buying from the HUGE green box. I will NOT open a short - too risky, I will not be margin trading as well. Considering the...
Not using the log chart for once we can see that the a long term downtrend for litecoin has broken with the formation of a recent descending scallop. Great entry point for longs. Linking my log chart which consists of symmetrical triangles.
LTC ANALYSIS: LTC finally broke out of the triangle formation in a bullish direction. The volume is beginning to pick up as well as the 50 crossing over the 100MA. The current long zone is inside the range of $37-39. Future take profit targets are T1 at $40.10, T2 at $42.15, T3 at $44.90, and lastly T4 at $47.60. The ATR has plenty of room for growth, but RSI is...