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...
By the grace of Allah the most high after giving more than 29% profit as my previous idea: Now on smaller time period chart the priceline of Litecoin / US Dollar has formed a bullish Crab pattern and has hit the spike within potential reversal zone but MACD and Stochastic are still bearish therefore the priceline may give us another chance to catch it from PRZ...
Priceline of Litecoin / US Dollar has formed a bullish butterfly and entered in potential reversal zone to take bullish divergence from here soon insha Allah. MACD is turning bullish. RSI is oversold. Stochastic has given bull cross. Price action is getting bounced after hitting the support of bollinger bands. Volume profile of complete pattern is showing less...
"Salam" Buy Zone : 71 $ - 73 $ Stop Lost : 70.0 $ First Target 80 $ Next : 91$ Risk Reward : PERFECT !!! in 1 Week
LTC / LITECOIN - Top 10 coin - Low circulation - Already had major fireworks last bullrun - Maybe overextended - I would look for a break up out of resistance in falling wedge - Respecting Fibonacci levels well Drop a comment below :)
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LTC found a support on the middle of the channel and on the previous low. Closest seller will be in 86-87 area and then the main and the strongest seller will be in 96-100 range. If its gonna manage to break the main resistance, which is 100. Then the pattern double bottom is gonna be complete + the price will escape the main falling channel and higher targets are...
Priceline of Litecoin / US Dollar has formed a bullish shark pattern and entered in potential reversal zone. RSI is also entered in oversold zone. Volume profile of complete pattern is showing less interest of cryptocurrency trading at this area. I have defined targets using Fibonacci sequence as below: Buy between: 79.302 to 71.986 Sell between: 85.858 to...
Priceline of LiteCoin / US DOLLAR cryptocurrency has formed a complete shark pattern and entered in potential reversal zone. The RSI is already oversold. I have defined the sell targets using Fibonacci sequence plz find below: Buy between: 85.330 to 81.050 Sell between: 91.005 to 101.533 Regards, Atif Akbar (moon333)
Despite bullish fundamentals LTC/USDT keep on falling together with BTC. I assume it already overpriced itself during previous bullrun and now act as any other altcoin. But its not. It is Litecoin, the one and only among ones and onlys others old bastards pretending to be the fundament of crypto world. So when it will bounce? While BTC falls, it won't but if the...
Yesterday Litecoin broke its upward channel and tested support at 98 (blue line) which was also a 0.618 retracement level. From here the 1H chart is showing bullish divergence. A simple strategy to use with divergence is to play the trend line breaks of BOTH the price action trend and the RSI with confirmation from MACD. My target would be a back test of the...
Been riding this entry since $34, the halving pump has meant it could be traded bullishly all the way, i was expecting one final parabolic move to $170-$200 but we cant be too greedy considering the amazing gains its given all the bulls. LTC has formed an evening star pattern on the daily which is a strong reversal pattern, granted it might just reverse $10-$20...
Here we have Litecoin in black against a bevy of other cryptos including Bitcoin, EOS, Monero, and Ethereum. As can be seen, it wasn't doing great compared to its peers before the September and November 2018 setbacks, but since then has outperformed all o its peers. Keep in mind though, these cryptos, nearly all relatively liquid cryptos really, are...
Want to start this out by saying I have incredibly skeptical of cryptos. That said, Litecoin is definitely the best performers of most of the majors on a percentage basis. So that said, I think price action could in the medium-term see a few more gains if this trend can continue. However, RSI and stochastic indicators are leaning towards a pullback flashing...