Litecoin Intraday We look to Sell at 49.96 (stop at 52.06) A bearish Head and Shoulders is forming. We look to set shorts in early trade for a further test of the fragile looking support. A move through bespoke support at 50.00 and we look for extended losses. There is scope for mild buying at the open but gains should be limited. Our profit targets will...
Litecoin Intraday - We look to Sell at 54.83 (stop at 56.60) The primary trend remains bearish. A bearish Head and Shoulders is forming. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Further downside is expected although we prefer to sell into rallies close to the 55.00 level. Our profit targets will be...
Litecoin Intraday We look to Sell at 54.63 (stop at 55.69) A bearish Head and Shoulders has formed. We have a 61.8% Fibonacci pullback level of 54.82 from 57.00 to 51.30. The hourly chart technicals suggests further upside before the downtrend returns. There is scope for mild buying at the open but gains should be limited. Our profit targets will be...
Using a Log Growth Curve indicator on LTCUSD Green Boxes show similar points along the growth curve We are currently at the bottom, or approaching it.
Hello Traders! LTC price continues to move within the descending trend. The downside phase is nearing completion. The culmination of the downward price formation will be the departure of the price under the support level of $39.30 We can consider medium-term purchases in the range of $29.50 - $39.30 Targets will be price levels of $63.00 and $83.00 Good...
Hi everyone, In regards to litecoin I see immense problems. We broke the overall trend line and even tough we are at good support currently Litecoin gives no reaction on these levels. Zooming out into the bigger picture we see a possibility of a full cycle correction. Given that possibility Litecoin will correct like crazy. First support is around 30 dollars....
Litecoin Intraday We look to Buy at 44.05 (stop at 42.82) Preferred trade is to buy on dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 43.50. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 47.44 and...
Litecoin Intraday - We look to Sell at 45.89 (stop at 47.18) Preferred trade is to sell into rallies. A sequence of weekly lower lows and highs has been posted. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today. Our profit targets will be 41.13 and...
Litecoin Intraday - We look to Sell at 60.68 (stop at 62.08) Preferred trade is to sell into rallies. A mild correction has been posted from yesterdays low, this is seen as a retest of the breakout level. Risk/Reward would be poor to call a sell from current levels. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended...
Litecoin Intraday - We look to Sell at 66.96 (stop at 68.79) Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. We have a 50% Fibonacci pullback level of 67.18 from 73.92 to 60.45. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell...
Hi dear friends, hope you are well and welcome to the new trade setup of Litecoin (LTC). On a monthly time frame chart, LTC has formed a huge bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Litecoin Intraday - We look to Sell at 66.78 (stop at 68.61) Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. Our outlook is bearish. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 60.60...
Litecoin Intraday - We look to Buy at 65.02 (stop at 62.98) Price action continues within the short-term bearish trend channel. Previous support located at 65.00. A move lower faces tough support and we remain cautious on downside potential. Trading has been mixed and volatile. Our profit targets will be 73.19 and 85.00 Resistance: 74.00 / 82.70 /...
Litecoin Intraday - We look to Sell at 72.96 (stop at 75.42) Further downside is expected and we prefer to set shorts in early trade. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. Levels close to the 38.2% pullback level of 73.00 found sellers. Upward pressure has...