LTC is forming a beautiful ABC formation which will probably end in 37-43 usd range. Really beautiful pattern to play. I am accumulating from these levels as well. Will be laddering all the way down. After the crash it is obvious that LTC will give us a x2 bounce as it always does. Target will be around 80-90 usd, details will be discussed later. This is a...
price should make its move to the upward direction now
Well... Let's see if LTC has the gas needed to get past resistance. So the next resistance point is the 50MA on the 1D which is also coinciding with the downtrend channel line, this will make this area very hard to poke through. A lot of volume is needed and we just down have it right now. As I see it BTC was just creating a big fakeout with that green candle it...
Ltc price reached the lower end of the fib channel , That means we re still on an uptrend but on a slower growth due to the lack of volume, Also the 0.236 fib level - white line of the fib taken from 106 high to 62 low, where the price action was unfolding around for the last few hours , happens to coincide with the 21 ema on the Daily , So we can see...
COINBASE:LTCUSD LTCUSD TREND IS AT REASONABLE LEVEL. GOOD TO INVEST. WILL GIVE PROFIT MIDTERM, I STRONGLY BELIEVE.
Litecoin is the right coin as a means of exchange. I'm gonna be going in heavy on Litecoin but I'm not in a rush to market buy. I'm looking to catch this wick or buy the range if it holds.
My idea about the price movement in the next couple of days. *Do Your Risk Management
Quick Summary: > > Wedge (bullish) formation intack > Potential Buy Zone (highlighted on the chart) > Hidden Bullish Div. on RSI > Waiting to see Bullish div. on Stoch. It would be nice but not necessary for a bullish divergence on this indicator as well. > Fib.Circle can be pivot point > Key support line as well > In the next week and less than 2 weeks, we...
After the down move we see the reversal and push back up over 0.0075 range. Small sideways action over the evening but broke out as expected. Expect larger moves to the up-side while bitcoin comes back to meet the trend line. Target zone 0.0089 - 0.0095 range. Target time ( 10 / 15 days ) Look for re-entry zones ( 0.007550 - 0.007680)
Again, let's see. __________________ Bellow the Red line LTC can touch 69-67 USD _________________ Above the green line LTC can touch 76 - 78 USD
After the FUD by bloomberg in this news post we saw a large sell off in the LTC market with more short's pushing on the downtrend. Looking back at Litecoin and bitcoin's past after halving events we see this sharp move to the downside followed by a parabolic move back to the upside. Bloomberg : Search term ...
Thank you for viewing my idea have a great day For Educational and Entertainment purposes only- Not financial advice
Yesterday, the halving happened and the LiteCoin pumped to reach 106. We can see on the one hour chart a Bullish Hammer that shows us that we're in an uptrend. $LTC WILL GO UP !