litecoin : Price Prediction 2020
0.91 Linear regression uptrend room to move up..
Litecoin has presented multiple chart patterns on the 4H chart including a rounded top reversal, a bullish triangle, and currently is sitting within a WIDE broadening wedge. With higher lows present this could lead to a bounce for the coin at the 50MA level. If not a breakdown to 200MA on 4H is expected.
Weekly Golden Cross, if this holds any merit upsides are expected. Also a double bottom formed on the grey fib line, with higher lows present.
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...
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...
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.
The priceline of Litecoin / US Dollar is moving within the descending triangle and now hitting at the support of this descending triangle. Support of triangle should be used as stop loss in case of complete candle stick closes below this support. I have used Fibonacci squence to set the targets as below: Sell between: 45.87 to 48.17 Regards, Atif Akbar (moon333)
Movement upward possible with completion of inverse H&S.
Price Target: B - D line (Approx $73) Stop: Below the A - C - E line (Approx $42) "Key aspects of the Broadening Bottom Pattern: Points A, C and E should all be successively lower. That is to say, point C should be lower than point A, and point E should be lower than point C. Point D should be higher than point B. After the final decline (marked by point E) look...
Priceline of Litecoin / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 49.082 to 44.959 Sell between: 53.285 to 62.083 Regards, Atif Akbar (moon333)
Priceline of Litecoin / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 57.53 to 55.66 Sell between: 59.68 to 63.94 Regards, Atif Akbar (moon333)
Higher Low on Price Chart, Lower Low on Indicator.
Bull Market: 53$ - 75$ - 250$ Bear Market: 53$ - 25$ Good luck!
Priceline of Litecoin / US Dollar cryptocurrency has formed bullish Cypher 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: 57.922 to 57.478 Sell between: 58.272 to 59.112 Regards, Atif Akbar (moon333)
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...