Clear bearish market bias, could see price push down even further.
Litecoin looks strongly bullish on the 4H in comparison to Ethereum $ETH has been the Crypto Market leader lately and with $LTC looking to outpace this leader it makes a good argument to enter a long position here. Reasons being: -Kumo cloud twisted to bullish -Bullish TK Cross above the cloud adds conviction -Lagging Span is above the cloud making a stronger...
Oversold, near the bottom, and exhausted. LTC has been sleeping. Time to wake up.
LTC/BTC -Litecoin is about to retest the key support around 4450 sat -For some reason, LTC failed to continue its potential uptrend recently -It is too early to say for trend reversal if LTC bounces strongly at a key area -But the 4450 sat range is a good trading opportunity for Buy entries -Keep an eye of this level, once a reversal sign is seen -Take the shot...
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I said that in my last ideas, ltc is trying to form a stable channel and down trend is done for now ... We are in mid line and you can see the support on rsi and mid line ... I can see that up trend is coming again and 19200 is possible again, I recommend you to do long in 18600 to 19000 and 19200 If you liked it, please hit the like button, share and write your...
Guys as you can see rsi has a support line here and its going to break the first resistance ... 19200(0.786 fib) and the first touch will be in 1.618(19500) There is some thing to reject that, fail in breaking 19200 ! and it will touch the mid line(red channel) There is a good opportunity to long 18990 to 19200 and 19500 and if it lost to hold 18990 and you see...
If you see another candle below the 1 fib it means channel broken and next target would be 1.618(0.18518) but if you see a candle above 1, it means we are back to the channel and the target would be the top line(0.19011) If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading. Take care, trade safe
Ok guys first of all ltc is in a rectangle channel for now, and you can see support and resistance line here. Price touched bottom line and its time to test resistance. So I recommend you to do long 18800 to 19000(382 fib) If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading. Take care, trade safe
LTC were in a descending channel for a long time! I think this is the time to break it, to being in a stable rectangle channel for a while. As you can see rsi and price are forming a hidden divergence here, price is almost touching the wedge, and macd looks strong after all. I recommend you to do long, if you see a candle above the line. If it failed to break the...
If we were to zoom in on the weekly for litecoin we would see a lot of doji rejection off of old support as Resistance. The 2 week is still red across the board, even on the ema dots. My main concern is that the pennant has broke. If we fail to push up we could see a strong sell off. If sell off occurs next place to look for is horizontal support on lows in...
LTC/BTC -forming a potential double bottom reversal -testing the top resistance of the box -holding strong above 20ma>50ma -if we see a break and closed above the resist -buy orders are the perfect position to open -upside target is the recent top at 6000 -key stoploss is low at 4600
LTC/USD -long term view analysis -bounce at 2018 support area -still respecting downward resistance line -if the key resistance line is broken -target is the swing top at $150 -stoploss is placed under #21
LTCBTC TA Update: According to Chart LTCBTC looks bearish mode. But now at support level. 0.0047-0.0049 BTC would be good entry for me. I can watching closely. if bounce back from here then I can expect next Target would be 0.0061 BTC. but if breakdown this support then we can expect free fall towards 0.0034 bTC. so dont panic and trust on TA. Support:...
Pattern: Channel Down. Signal: Bearish as the price was rejected on the Lower High trend line of the pattern: Target: 0.2100 (right above the symmetrical Gap fill (green line)).
LTC/BTC LTC is on a deep correction but still respecting this bullish descending channel which by probabilities should break to the upside. The price inching closer to 0.768 Fib and previous resistance area which has the potential to become new support if this pattern breaks to the upside. The RSI is still painting lower lows and lower highs, we still can not see...
This is a forecast on the LTCETH trading pair. It is playing by the technicals very closely and I we are looking at a target of 0.26 with near certainty.