LTCBTC tends to have 1 support and always breaks it. It had one in 2015, and broke it in 2016 when everyone saying it will hold the support, instead if went -43% lower It had another one in 2017, everyone saying to hold support but it already broke, currently below it and looks like it will go another 40% lower again. This is all based on data and how it breaks...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for the LTC/BTC pair. The chart is self-explanatory. LTC/BTC pair is at the apex of the descending wedge and there may be a major move coming within a month. Check out my LTCUSD chart review below. RSI and MACD also ready to make a move! If you enjoy my ideas, feel free to...
LTCUSD - Intraday - We look to Sell at 107.15 (stop at 111.10) Preferred trade is to sell into rallies. Previous support at 108.00 now becomes resistance. We have a 61.8% Fibonacci pullback level of 108.41 from 116.00 to 96.14. The primary trend remains bearish. Our profit targets will be 96.14 and 91.22 Resistance: 108.00 / 112.00 / 116.00 Support: ...
LTCUSD - Intraday - We look to Buy at 103.39 (stop at 99.97) Preferred trade is to buy on dips. There was little net movement as we continue to consolidate within the 110.00 - 115.00 range. The trend of higher lows is located at 102.00. Previous support located at 100.00. The bias is still for higher levels and we look for any dips to be limited. Our profit...
LTCUSD - Intraday - We look to Sell at 110.63 (stop at 114.50) Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 109.50. The hourly chart technicals suggests further upside before the downtrend returns. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further...
The historical charts of LTC/BTC and DOGE/BTC are very similar and I expect good growth from Litecoin! Also, DOGE is not mined separately by itself. In 2018-2019, due to inefficient mining, in order to keep the network reliable from a 51% attack, DODGE began to mined along with LTC (called merge mining). The creator of Litecoin, Charlie Lee, publicly got rid...
LTCUSD - Intraday - We look to Sell at 110.90 (stop at 115.68) Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 111.00. The trend of lower highs is located at 111.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Our profit...
Although this structure is far from perfect due to the lower line being violated multiple times, its formation has been going on for over 4 years now and has also been respected many times, and this structure is still in play due to the fact that there is no significant break to either direction, yet.. LTC/ BTC is approaching the end of the apex and will soon...
LiteCoin ( BINANCE:LTCBTC ) is at or slightly below its all-time-low, sitting at a historical support line at 3000 Satoshi. The great thing about this is we're seeing a consistent RSI divergence that has been playing ever since the first time it hit 3000 Satoshi in Feb/March 2017. Every new bottom since then has has higher RSI low. Most importantly, the latest and...
LTCUSD - Intraday - We look to Buy at 100.55 (stop at 96.58) We look to buy dips. The immediate bias is skewed to the downside but, with this move assessed as being corrective, we would prefer to buy into the dip. Previous support located at 100.00. We look for a temporary move higher. Trading close to the psychological 100.00 level. Our profit targets will...
LTCUSD - Intraday - We look to Sell at 119.84 (stop at 124.75) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 120.00. 20 1hour EMA is at 119.00. The trend of lower highs is located at 123.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Our...
LTCUSD - Intraday - We look to Buy at 122.47 (stop at 117.34) We look to buy dips. Choppy price action seen. Previous resistance located at 132.00. Buying continued from the 50% pullback level of 120.73. We look for a temporary move lower. Our profit targets will be 141.06 and 145.15 Resistance: 132.00 / 142.00 / 150.00 Support: 125.00 / 120.00 /...
Looking at this chart, I just got the feeling of never buying the Litecoin vs Bitcoin (LTCBTC) pair anymore... We are calling this The Eternal Crash, because since March 2014 this pair has been printing lower highs and continues breaking support to hit new lows. Litecoin vs Bitcoin Since we have lower highs forever, let's just assume that this trend will...
LTCUSD - Intraday - We look to Buy a break of 143.42 (stop at 139.97) A move through bespoke resistance at 142.00 and we look for extended gains. We look for gains to be extended today. Intraday signals are bullish. We are trading within a Bullish Ascending Triangle formation. Our profit targets will be 153.22 and 159.62 Resistance: 142.00 / 150.00 /...
I assume quite some people are waiting and hoping for Litecoin to moon, so do I. In my opinion it is the most underrated cryptocurrency in its most literal form. I mean next to BTC and ETH, none of the altcoins have this kind of widespread adoption... and still, Bitcoins silver has almost been forgotten it seems. Unfortunately... So the question remains, will...
BINANCE:LTCBTC triple divergence on the MACD on the 1W timeframe. This was only in 2017, after which LTC grew 7 times. Now the price is at a minimum since 2017, with a similar divergence. At the same time, there is a strong downtrend on 1W. And if this week closes below 0.002994, there is a high probability of falling to the area of 0.002091 - 0.002464. There...
Hi, We will look at LTO / BTC. As you can see, after exiting the downtrend line, the price slightly moved up. Looking at the 1D interval, you can see that the price has been retested near the support zone (0.00000423-0.00000400) btc. The first resistance line is at 0.00000581btc where the price slowed. Looking at the current low and high we can see that a...
LTC chart is in accumulating phase as a preparation for next move, check the area between lines that is the phase LTC needs before the break out, We might see LTC above that area and moving up.