Despite the BTC dip this week, today's price of "Litecoin" still remains bearish-looking short term as it is trading near the local support level of £79. Thus this mark is crucial for bulls, if it breaks out, the drop is likely to continue to the £76 area.
On the daily time frame, the price action of LTC has failed to rise after yesterday's bullish closure. If...
Litecoin (LTC) / Great British Pound (GBP)
The direction on Litecoins bullish trend is slowly going as predicted.
Either way its going to keep upwards trending.
THIS IS NOT FINANCIAL ADVICE
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Litecoin (LTC) / Great British Pound (GBP)
1D time frame
Litecoin analysis is going in he right direction .
My goal is for it to hit 200 before a short downtrend before turning around and heading back in its bullish direction.
If you have any questions, tips or opinions on my analysis and brief please feel free to leave a comment below or send me a direct...
Litecoin (LTC) / Great British Pound (GBP
1D time frame
According to my analysis I believe Litecoin will do some side ways movement but stay between 100 - 120 and from then on maintain moving in its bullish direction.
If you have any questions, tips, or opinions please feel free to leave a comment or send me a direct message.
THIS IS NOT FINANCIAL ADVICE...
Litecoin (LTC) / Great British Pound (GBP)
1D time frame
Litecoin is definetly going in a bullish direction, my prediction is towards between 220 - 260 but then will turn into a bearish downtrend towards between 200 - 160.
THIS IS NOT FINANCIAL ADVICE
If you have any tips, thoughts, opinions or questioned feel free to either comment below or send me a direct...
It is quite difficult to predict anything for the current state of coins however from what I have seen this is as close as I can get to making a realistic prediction for Litecoin. Please do not give up on Litecoin, it has the possible capacity to reach 1000GBP/1400USD with no problem. Make sure to accumulate LTC as much as you can right now before it is too late....
This chart chow the support and resistance lines for the pair LTC GBP. We do seem to be forming a double Bottom on the 60 min chart.
so were do we go from here, its been a slow decent to possible form a double bottom and not a fast drop, so its odds on a move up if there is volume, but volume has been so low of lates its very possible that we continue the trend...
Long history big market cap coin, nothing special about litecoin.
Symmetrical Triangle pattern shown up on daily chart, buy the breakout seems delicious to me.
TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.
A very good setup, multiple signals shown on the 4 hour chart, MACD about to golden cross, ascending triangle, risking 10% to gain 45% isn't bad but considering the current situation that BTC is in, I will only risk 10% of my crypto portfolio on this trade.
TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.
