It took Ethereum a minimum of two months to make a full comeback from it's initial high. That does not mean that it will take Litecoin that long, but I just want to point out that even though Ethereum had quite a dip, it still challenged the previous high and made a strong comeback. Same thing goes with Litecoin, just because we don't see an immediate challenge of...
I wonder if there is any kind of correlation to the pattern style of Ethereum's high to the major consolidation of 145. If there is this would mean that my further litecoin consolidation idea is viable www.tradingview.com
Based on this analysis the next high will be in the 75 range, if it goes beyond 75 to 79 range, I think we're going to see a possible breakout towards the 100's by the end of the month www.tradingview.com I pasted my other idea which goes over a possible breakout to the 100's. But if we can't go beyond the 75 range in the next rise and it comes back down hitting...
There's a pattern - a bears' triange. But I think you saw it anyway; use STOP orders for selling and LIMIT orders for buying! Good luck u traders!
Just examining the DMI where it was before the last bullish run and where it is now before this expected bullish uptrend.
2nd Long ReEntry on Litecoin. Risk Reward 3:1 1st one got stopped out. That's the way trading goes - we take small losses but recover with bigger wins. Sean Vengan Professional Cryptocurrency Trader and Trading Educator
At current prices, I see Litecoin as a super buying opportunity. Now, you can wait for a more conservative entry around $64.00 but it may move up without getting lower? So choice is yours (or not take the trade at all). I see this as a healthy pullback. Risk Reward 3.7:1 I feel this is a load-up type of coin (if that makes sense). Beginners: This is nicely...
Currently in channel between roughly 75-85; this will likely be our consolidation zone once we are done, we will likely go and try to test 93s again, but first we need to break and stay above 85s. Gann fans are almost ready so we may start to move towards it soon... if not... we will consolidate on the 4hr chart until BBands tighten up and PSAR flips bullish;...
at this point, there is no ceiling holding litecoin down. From here, we could see a rise like we did when ETH suddenly broke up beyond $100. HODL.
Guys, I updated my analysis only twenty hours ago. Now here's another update. From the original post : "Through chart analysis and the undervaluation of Litecoin in relation to alternative cryptocurrencies, these two factors contribute to the nearing beginning of Litecoin's capture of the cryptocurrency market share. We are nearing the breaking point of a true...
Appears to be solid support on the rising trend for LTC going back to June 2017. If it makes it back down that far, I see $43-44 as a great entry for LTC.
Once Stoch RSI is ready we'll move up on the day chart. Entry on the lower dashed lines is recommended. Bottom of correction should be between the 39-41 range. Keep in mind that LTC has stronger fundamentals compared to most altcoins. It is technology that has been proven and tested, it is 8 years old, it is just as secure as Bitcoin because Litecoin has never...
Maximum Profit for Litecoin with both targets being hit comfortably. Successful trade.
Hello traders i had quite a while to publish a trade on the cryptocurrencies after very two successful articles on long trades on Bitcoin(since 1,270$ dollars) and on Litecoin(since 11$) because i clearly believe that this market of course it has still great potential but it's already a buble(articles attached below). Now as far as litecoin i can say that it has a...
The trendlines and indicators confirm a possible upward movement. For all they are long with LTC like me: the up trend might be firm, 43 > 55 > 85 USD possible (look at Fibo). A maximum correction could be 42 USD. So I see additionally a current buying opportunity for all orthers with a short-term target of 54 USD. Let's see what happens. Happy trading.
LItecoin Long Trade Risk Reward 2.72:1 Hope this helps Sean Vengan Professional Cryptocurrency Trader and Trading Educator
1. Continuation triangle narrowing 2. Bullish Stoch RSI cross on daily LTC/USD 3. Green 4 hour candle 4. Good support on LTC/BTC cross Strong risk reward play. Would add more at bottom of triangle (~$42/LTC) with a stop loss below the triangle and/or support on LTC/BTC, depending on how you prefer to trade it