Litecoin has been really struggling as of late with us continuing to push down following this descending channel, one positive we have seen is that we have broken up into the upper half of the channel, but we still can't seem to breakout! We could be looking at a breakout sooner than later, looking at the bollinger bands we seem to be also stuck underneath the...
Litcoin had hit its confluence zone let's see if it will do a their retest at his previous resistance zone.
My analysis shows that there will be buyers in the market for Litcoin in the cryptocurrencies market.
there will be a trend break making the down trend for the 15MTF to end, we will have some quick buys
Risk to reward is a 2:8
looking at the Litecoin BTC chart and you notice a lot of price action against this downtrend support/resistance, we are currently right on this resistance and we seem to be slipping below this level, now i think we could see a potential drop in sats, we gotta be careful treading along the bottom of the bollinger bands, this could very well induce a pullback if we...
Litecoin has been getting held down heavy with this downtrend resistance and today we are seeing a big push up and through this resistance, we could be seeing the start of LTC really starting to regain its value against bitcoin. We got a very nice bounce with the MACD our blue MA is pushing higher and starting to separate away from the orange which is a very...
In addition, there is resistance in front of the price
You can see the double bottom pattern at the lower price
The neckline of the pattern is stuck and the price to move forward
He must first be able to break the pattern neckline to be able to move
Continue yourself and after the defeat wait for Polbeck to reach the range
Be the resistance before
FROM MY OBSERVATION LTCUSD IS CLEARLY IN A DOWN TREND THINK WILL HOLD ON SOME SELL TRADES MORE,THESE MAY LIKELY GIVE US AN EDGE IN THE MARKET FOR CRYPTO TRADING
FROM THIS ANALYSIS FRIST OF ALL IT IN A DOWN TREND AND AFTER ALL HIGHS REJECTIONS,WE STILL HAVE A SPILL FROM BITCOIN, THAT LITCOIN WILL BE MORE OF BEARISH MOVES AFTER EACH PULLBACKS FOR BUYERS,SELLERS...
The protracted consolidation in the LTC market is coming to an end. Before the consolidation, 2 unpleasant events happened. Unfortunately, buyers were unable to keep the boundaries of the trend channel, in which the price moved from December 23. In addition to the trend line, buyers lost an important range $220-230 , from which the LTC price began a new wave of...
Price came back to a strong mirror level. The best variant for growth - slowly squeezing near to level and only after that - breakout. As always, buying after retesting with SL lower than level. Don't forget, it's only a possible option to open a position. Let's see
Write in the comments all your questions and instruments analysis of which you want to...
So as you could see in my previous LTC idea. I was expecting LTC to move to these prices.
All of my 3 targets below were hit!
What is this idea about?
Firstly I want to show you some comparisons between this and the 2017 bull market.
Then I will do some technical analysis on LTC in the short-term and long-term as...
Litecoin has explosively broken through long term downtrend resistance, and we are seeing a big push in LTC we are still 35% away from the 0.2 FIB level. If we look at the Chaiken Money Flow we notice more money flowing into LTC after the most recent correction, and if you check out the LTC/BTC Order book on binance or coinbase pro you will see lots of BTC selling...
Litecoin has been pumping today up almost 9%! We are looking for potentially a big close tonight hopefully cracking through the 0.7 FIB level! If we can secure a close above this level we are 1 resistance level away from breaking our previous high at 338USD. The EMA ribbons are starting to point up and i am looking to see some spread in the ribbons for us to...
LTC is going to break EMA20 at $247 and will fall to MA at $224, if this also breaks then price may drop to critical support to $168.
conversely if the direction reverse and breaks $270 upward then we may expect $286 price for litecoin.
Following is my analysis for Litecoin (LTCUSD) using wave theory & Fibonacci measurements:
1) On Apr 16th, Litecoin (LTCUSD) touched its all-time high $335
2) The market went into a correction mode after a 4-month uptrend taking the price from $77 to $335
3) The correction looks like a wedge correction called triangle diagonal in Elliot series forming ( A-B-C-D-E...