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#LTCBTC Looking bearish at this time.
0.0072 BTC is my short entry.
And Stop loss is 0.007301 BTC.
All indicator saying bearish trend.
Support: 0.006950 BTC and 0.0065 BTC
Done play gambling with high leverage .
We can expect bounce from 0.618 fib Retracement.
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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
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Litecoin is in a small uptrend in the “Expanding” (diverging) triangle. The global trend is downward. Important pivot points and levels of the first movements I depicted on the chart.
Features to which you should pay attention when forming this model of a figure.
1) There must be a minimum of 4 points of contact 2 touches...
We may have completed an Elliot wave pattern, I think this is the most likely scenario, as the C wave may have completed a falling wedge and started the next move up. A break above $146 in the long term will confirm this. A move under $63 will signal lower movements.
I would recommend a stop loss under the $63 zone.
It looks like Litecoin too is poised to breakout by the end of the year. Looks like the MACD is showing a slowing of bear trends and will start heading upward with the rest of the crypto market.
If 2017 repeats, we will see at least the top 20 alt-coins breaking out with bitcoin. There are much higher returns for those investing a few thousand dollars in an alt...
Las herramientas nos indican que ira a la alza, incluso en una semana, ya se empieza a dar la vuelta hacia arriba en el macd. y en 1 dia esta por cruzar la linea 0
LTC esta en un valor muy bajo con repecto a BTC, tomando en cuenta en el canal en el que estamos, ademas de rebotar de nuevo en esos precios, con la estrategia de maleta, es AHORA!!! ...
LTC Signal Buy Now Moon Coming soon !! short or long
Buy signals occur on the LTC 1 Day LTC / BTC charts.
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Evolving quite good, moving above our 1st resistance level as volume is starting to build
Broke from descending channel
Currently testing EMA50(green) on the daily
UCTS Buy signals across multiple TFs
aiming for ~0.0082 sats, if Volume keeps flowing in.
As I predicted before using fractals the BTC to LTC ratio is dropping inside a channel. It's projected that it will reach 43.5 . Which means LTC will be around $500 when BTC reaches $20k.
However, whatever price BTC and LTC reach, LTC will outperform BTC by many factors until early December. So switch your BTCs to LTCs.