Here we can see LTC is bottoming out and is ready to spike in price with any increase in volume, remember guys LTC is a long term player and has been around as long as BTC this is a coin that has great potential to return to previous highs. Make sure to grab a bag of these.
Hello traders ! Here is my view on LTC/USD. As you can see price is at a critical zone with multiple WEEKLY candle touches around this price. (this zone also held a strong resistance back in 2013, not shown in this chart) Price action is following the pitchforks descending support level quite nicely, and due to its oversold nature via oscillators shown above, I...
Priceline of Litecoin / US Dollar cryptocurrency has formed bullish Butterfly pattern and entered the potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 47.881 to 44.505 Sell between: 50.500 to 56.841 Regards, Atif Akbar...
After forming Shark pattern now th priceline of Litecoin / US Dollar cryptocurrency is forming last leg of bullish Cypher pattern and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but...
LITECOIN (LTC) - LTCUSD -667% Profit Expected-Technical Analysis Get Ready for 6x-7x Gains ... Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. TextTarget Profit Range - 53 - 165 (89%-667% Profit Expected) TP - 1 - 53 TP - 2 -...
LTC is forming a beautiful ABC formation which will probably end in 37-43 usd range. Really beautiful pattern to play. I am accumulating from these levels as well. Will be laddering all the way down. After the crash it is obvious that LTC will give us a x2 bounce as it always does. Target will be around 80-90 usd, details will be discussed later. This is a...
Litecoin will 100% go low back to 49.6$ or 45.8$
Hi, Traders ! Monfex is on the air ! Litecoin lies in an attractive position: Long trade on a low risk is possible from here. * Couple of days ago, Litecoin's crew celebrated the 8 years of network running with $500,000,000,000 worth of transactions registered during this period. * A week ago, Litecoin made an attempt to break out of the consolidation zone,...
Hi, Traders ! Monfex is at your service ! Bearish flag is seen on 4H TF of Litecoin: * Litecoin is in the upward sloping channel, which is likely to be interpreted as the bearish flag. * Usually, many indicators show bearish divergence at the higher highs inside the flag. And that is the case. * There is a possibility for the price expanding outside the flag...
Will update later. Use fibonacci for shorts. VOLUME ACCUMULATION PLUS C&H SIGNALS A STRONG BUILDUP AND PARABOLIC MOVEMENT PENDING. TP1 SHORT: $57.38 STOP: $54.78 Disclaimer : Not financial advise
After completing the bullish BAT pattern now the price action of Litecoin / US Dollar has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish then buy. I...
LTC can test resistance zone With future decline to support zone
Hi, Traders ! Monfex is at your service ! We have descried a hidden speculative Long opportunity on Litecoin. Take a look at 1H Chart: * We see 3 evident levels, where buyers were stocking up while the price was gradually capitulating. * After that, the market entered into accumulation/consolidation phase, where Bulls were pushing the price up...
Hello, Traders! Monfex is at your service and today we overview LTC/USD . What do you expect from Litecoin ? LTC dropped well, formed a triangle and can be pulled closer to the nearest resistance, it is the ex-support zone near $ 62 and 50% Fibonacci level near $ 65.3 . But! You need to act only by some breakout of the resistance with crossover MA50...
LTC/USD Technical analysis. First day of Q4. Price seems to have finally slowed down near the $55 range after a harsh move down in the last week of September. Looking for more confirmation before entering any more positions. Very neutral for the time being. However, I think if price breaks $60, we could test the $66-$72 range rather quickly, but if price breaks...