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First of all this is a HIGH RISK TRADE! The market is steady so HODLing is always safest, especailly considering LTC could take off at any moment. That being said, I’ll still attempt this trade with a small amount of LTC. We have a possible reversal on the 30 minute Mac D and some bearish divergence on the small time-frame charts. Some could argue this is a hidden ...
Correction ended, and accumulation nearing final phase. Inverse "FatBart" Head & Shoulders seen.
General Entry is this range is fine, just look for a local dip/low. Looking to go long in the range of 9200 to 9275. See detailed screenshot below, using Bottomfinder to find best local entry.
Buy : 8900
Flash Sell : 9200
Short Sell : 9400
Long Sell : 9600-9800-10000-10200-10400
Stop : 8200
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Litecoin is attempting to break the 7-month old trend line. After creating the series of lower highs and lower lows, the price created a hammer candlestick pattern. After the price pushed below the support trend line, it closed above the trend line. This pattern is a bullish reversal candlestick pattern, made up of just one candle, signaling the end of a ...
Look @ it!! I want to HODL this long term (minus a few swing trades here and there). Short term target of .01 (HODL) Long term target of .02
If you follow me you know I'm long on LTC. Attempting a small swing trade today, I made a mistake and traded LTC/BTC a bit too early around ranging from .00882 - .00886 ! I saw some bearish divergence but , alas LTC caught an extra push and I missed out. But no worries! We hit the top of the RSI on several LTC/BTC charts today so I'm confident it will come back ...
Buy : 8700-8750
Flash Sell : 8800-8850-8900
Short Sell : 9000-9100-9200-9300-9400
Long Sell : 9500-9600-9700-9800
Stop : 8400
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Charlie Lee and his "good guy" crypto have been taking a beating this year. Despite the yearly chart being VERY VERY UGLY, Litecoin has bullish divergence on every 4 hour chart. I think when BTC gets it's run up, LTC could easily go back to .02 BTC. BTC is also showing good bullish divergence on the 4 hour chart but that does not necessarily mean this dip is over. ...
Today an update on 3 big players in cryptospace. I will talk about BTC, ETH and LTC, when will the alt-season start? This is my opinion…
Not so much TA today, I would like to make a point on how I look at this markets using BTC as the main coin of comparison.
First of all I want to start with the most important one, BTC.
So really nothing major has ...
Behold the magnificent spike detector 1.0
For this to have any validity, spikes/tops/green dildos/wicks must appear at around vertical green lines.
Green support/spike prediction
True randomness is as real as the walls on bitmex!
Have a nice weekend all :)
We can see on strength/momentum indicators have both hit historical bottoms and ltc has entered a strong support zone. FA also supports TA as it was released today that the litecoin foundation and token pay have bought a stake in a German bank. This is news that will now give retail investors a speculative opportunity to start buying in.
Litecoin has pushed lower since it has penetrated through horizontal support and 50% Fibonacci support. The coin is currently sitting at the 61.8% Fibonacci major support and is looking to create a short-term bounce. Of course, Litecoin is also below both 100 and 200 MAs on both H4 and D charts as well as the downward trend line.
Since we are extremely oversold ...
Hello Lads and Ladies,
Today we are taking a peek at LTCBTC and seeing how it is getting ready for a big move.
Just a little to the history of LTCBTC. In December we saw a humungous push to 0.019750, from there on it was on a downtrend to 0.016000 and crashed within a few days to 0.013400. After the crash it just rocketed up almost 100% to 0.025000. From that ...
I'm still bearish on LTC. For those of you who hold LTC and may be underwater... This is actually a fantastic way to hedge against your hold.
(If the below plan works, you may BTC to offset the loss of your LTC value.. if it fails.. you recover LTC value due to price rise)
No real news *planned* ...
Litecoin is one of the strongest altcoins who has been really weak in the past period with its projects(Litepay) being failure. However lets not forget that it is still one of the strongest altcoins in the market and it is now in its buy zone.
Since first of April Litecoin has triple topped at its Resistance(red area) area however since the third top it has more ...
Head and shoulders forming on the daily chart.
RSI is levelling off to around 50, no real pressure up or down, prices are simply frozen where they are.
If the bulls hold the neck line of around 162k, I can definitely see us going to ATH at around 262k
However if the bulls don't hold the neck line, may god be with all the LTC holders out there, I'll see you at ...