Litecoin (LTCBTC) has hit the 0.786 Fib. retracement support and is now trading just above EMA100, sitting on a great spot for a bounce, but there are a few things to take into consideration first... Feel free to hit like now and let's continue with this analysis:
LTCBTC has been showing huge momentum on the drop, so it can still go a bit lower.
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Hows it going everyone!?! Back again with a trade idea for you!
I Placed long entry with leverage over on BitMEX expecting some large profits off of
this trade plan to take profit according to resistance levels ultimately closing my
remaining position at last resistance. I will keep you informed on this trade!
Feel free to...
On the daily chart of the instrument, the price has formed a bullish divergent bar. This signal is supported by the wide angulation and rebound from 0.5 Fibo level of the latest bullish trend. At the very least, I expect the price to retrace to the balance lines, and in the better scenario - continue the global trend and start the 5th Elliott wave up.
Looking at LTC on the daily
* Willy not yet stupid
* Histogram making a LL
* OBV healthy but crossing bearishly* Bearish volume dropping off
* 200MA between the 618 and 786
* Broke the 50MA support
* POC sitting around 8750 sats
* Tag of the 50% level
* Do we hold the trend line?
Imo this is a wait and watch. Let the market come to you. Im looking to buy between...
LTCBTC - Litecoin Halving Revised Chart - Top Reached at $60-64 Time for a Retrace?
Hi all, before we get started, like by hitting the button on the right and follow us to show us appreciation for the work and to receive further updates on Litecoin throughout the road towards the halving!
Since our last update, Litecoin broke the bearish H&S we had...
The higher area consists of:
- Fibonacci retracement 38%
- Strong area, only strong candles have managed to crack this level.
- The semi-round number $70
This level should hold us if the BTC price doesn't drop below $4,800
The lower and the better entry point would be around the $50
- Perfect Fibonacci retracement 62%
- Fibo retracement matches exactly with...
Hi friends! Welcome to Litecoin Chart Update to trading idea published on March 9.
The recent rally we've seen on $LTC which brought the price 4% higher has ignored the bearish divergence signal and may have liquidated many shorts at this point but this signal was not invalidated....
LTCBTC moving in uptrend. After last stong moving up litecoin formed symmetrical triangle.
This means that we can expect upward movement to continue. I also showed the waves of Elliot and the fifth wave is already ending. This means that we can wait for the correctional movement if we brak our support line
0.01315 is a major support, while this level is not broken, the Midterm wave will be uptrend.
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 0.01890 on 04/03/2019, so more losses to support(s) 0.01430 and minimum to Major Support (0.01315) is expected.
Hi friends! Welcome to my Litecoin technical analysis
We have recently seen a bullish tiny inverted head and shoulder formation on ltc that once will completed will allow price action to cross a long term trend resistance (green) line. This move if it happens will result to a breakout of yet another bullish formation which is the bump and run with a wide bump...
Charlie Lee will go down in the history books as having some of the greatest predictions in crypto.
I wanted to mark these tweets in the history books so people would remember the mind blowing trading genius Charlie Lee.
On March 30th, he tweeted that after Segwit, Litecoin Price woudl go up an estimated 300-400% to $14 was near the absolute bottom of Litecoin's...