Trading suggestion: . There is a possibility of temporary retracement to suggested support line (52.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Litecoin/US Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
PrimeXBT would like to call your attention to a technical analysis overview of LTC/USD . According to the official update made by Jan. 3, the Litecoin Foundation is utilizing BitGo’s multi-signature wallet for its cryptocurrency custodial needs. While neither company has yet to supply details on the partnership, the Litecoin Foundation published a post on...
Dear friends, It seems that Litecoin is follow his downtrend on the daily chart as we can see. As we can see, he did not have strength enough to cross his long term downtrend channel and now it looks like is doing a small flag. Base on it we recommend to sell at the Key level. Best regards, Sandro and Gustavo.
Greetings. Please leave a Like if you like the idea Head and Shoulders is a reversal pattern. However there are some details you should pay attention to before you take the position. - The price is rejected from the neckline on current, which is not a good sign. Though this pattern still stay relevant because the price is above Horizontal support. The...
LTC is mirroring its previous downward movement trend, will it mirror its upward movement? Im not sure, but I believe the movement upward this time will be faster and more rapid to break or test this current trend. Tightening of Bollinger bands will see volatility increase with time. Included fibonacci retracement and a comparison to LTCUSD.
Priceline of world's 6th largest cryptocurrency Lite Coin (LTC) has formed bullish Shark pattern and entered in potential reversal zone. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Let’s have a look on the dimensions of LTC price action's moves: After initial leg (X to A) the A to B leg is...
I let the paint on the wall speak for me. Please, like, share and follow if you like this idea or drop your chart in the comments thanks again. Adjust your stops accordingly
Ltc has had a nice bounce of the 0.5 Fib level of the entire structure.. but then got rejected by the 0.65 Fib level of the impulse that started in December of last year. The support looks strong around the 37-33 dollar range, holding above the 0.5 Fib, the 1:1 extension of the first big impulse in 2017, the 0.786 Fib of the latest big impulse and the 1.65 fib...
#LTCUSD : (#Bitfinex) Preparing for a breakout, Weekly resistance at $52, if breaks above, then medium term Targets will be $100 & $181. #LiteCoin
Litecoin has had a small pump within the downward channel recently, this may lead to the formation of a bull flag in the blue box, or a retreat and possibility of a falling wedge. The Adam & Eve can be seen to be linked to the pump.
LITECOIN move up nicely since my last post about. I hpe you enjoy my analysis. Please support the idea by Like, and Follow :) Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade...
Litecoin is still stuck in a major downtrend, so, there are currently no good bullish entries unless you are going REALLY long, I understand the price is very cheap. Promising signs of a bullish reversal include MACD rising, and price hitting a nice short term support level of ~40. Price is currently in such an awkward spot it is difficult to short or buy....
Litecoin is at a crossroad to either turn back into the formation and double in value, or fail and lose 50% of its value. When evaluating the complete technicals list, LTC is circa 45%/55% slightly biased towards the bearish side. Either way prepare for a considerable value change starting any week now. I'll be updating this post if mentionable changes occur.
Litecoin path to 2022, i know this seems like a long accumulation period but it has been seen in the past and history tends to repeat itself. As a stablecoin, litecoin doesn't provide much utility in comparison to other cryptocurrencies. Also included some fib retracement levels, and some sine time lines.
Most outperformed coin of the 2019 run! After the hype of its halvening litecoin just drop day after day. Our previous LTC analysis is going smoothly... The bear trend is still continuing and seems like it will last a little more. Beware of LITECOINS tricky bull traps! I started laddering my LTC longs. Yes it is risky but there is no risk no reward Have a...