Price of the litecoin broke down the triangle. Looking for continuation of falling down to 0;0041
ascending triangle pattern formation breaking of 0.004487 is important
Now.. it is upper than MAs I opened a long position and waiting for confirmation to put more on that.
BINANCE:LTCBTC Hello everyone. As we can see: - Trending at dip - Pulled back in daily timeframe - Heavy support zone - Little Convergence here - MACD is bullish on 1D and a bearish touch on 1W So this is the last support for LTC now we would see a spike anytime !! But watch for LTC/USDT if we made bearish move on it, we will see more dips from...
At some point LTC may rise against BTC, but as per the current Monthly chart shown, we see that LTC has lost value against BTC since April 2019. A 70% decline. Note the MACD is moving up with a possible cross of the zero level coming in a month or so. This suggests sentiment may be changing. A subsequent break of the trendline would indicate LTC raising against...
Bulls deeply need to break this triangle / trend line. ABC correction to the downside is of course done, but there is still pressure from bears. If we drop below A+C wave, i am afraid Litecoin is dead or another deep correction is expected! If you like this technical analysis , please hit the like button and follow me for more of these ideas!
Script settings for 8H timeframe: · Signal calculation type - "open" -TP for Long - 40% -SL for Long - 5.5% -TP for Short - 25% -SL for Short - 5%
Hello, we have overall negative sentiment, so it should not be surprise that crypto is falling as well.I dont like to be short BTC or ETH but with these conditions we may try to find to nice setups ... LTCBTC short on the raise to the 4290/4350 area Stop above 4500 The first target is 3600 Second target 3100 Good luck
LTC is currently breaking out of a decending triangle to the upside after consolidating above support. Taking a long here.
THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion. If you find this useful and want more guesses. don't forget to follow. Press the Like button. Leave your feedback to us in the comments section! Thank you very much for your support. Let us know how you see this opportunity and forecast in the comments.
LTC Litecoin 4H CHART Strong Divergence LTCUSD LTCBTC LTCUSDT
LTC coming into a nice area of prior consolidation. Broke thru years long resistance line. Bullish on crypto. Buy LTCUSD. Also ltcbtc is near all time lows, good leverage on bitcoin
price holding 200 ema and fractals looks the same let's see how this behaves.
Do you remember the old days, when Litecoin was one of the most desirable Altcoin? Also announcer of alt season, or Bitcoin's movement? Well, LTC is now forgotten one. New hyped popular coins overtake his position in top5. Why does this matter? Because LTC still has lots of retail investors who never forgot that they were adviced to sell it before marked...
Might have a manipulating wick down before going up tho... First target to the first resistance and next target to the weekly major resistance here :
Every supporting pillar gives us a good buy entry. If the price will show a false breakout again we can trade it again... Do you like to trade such strong support? Push like and write your comments. We will catch the best trades together! Thanks for your support!
#LTCBTC Type: LONG Buy at: 0.0049 - 0.0053 Size: 5% Target: 1) 0.0064 2) 0.0071 3) 0.0080 SL: below 0.0045