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...
Again, let's see. __________________ Bellow the Red line LTC can touch 69-67 USD _________________ Above the green line LTC can touch 76 - 78 USD
A possible option that we may see LTC back down to the $60 regions again on the weekly. Halving was a success and had good price action. Now we may see something different with LTC with a retracement down to some more natural levels.
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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 !
As we can see on the chart, the pattern W-X-Y is done, the correction is done. The next big target is now around 123-125.
If we close below the highlighted .382 fib level (pink highlight) then this will become a good opportunity to open those shorts We should complete the ABC correction down at the 100 day MA (yellow line) with a target of $100 The 100 day MA has typically been a good support and reversal zone when LTC is falling. This also lines up nicely with the 618 fib of this...
LTCBTC now is situated into an ascending channel where just hit the resistance 0.0185 and now we need to cool off a little. Stochastic maded a bearcross which means we will going down RSI is at overbought because is more then 70 I will sell here,and i will re-enter at 0.0148-0.0151 for halvening!. Good luck,i will don t play it on bitmex. At the moment we have a...
Previous post As you know, LTC has been one of the outstanding performers of 2019. And as such, we must keep an eye out on it, due to the halving many believe has created the bullish trend + other factors as well, eg. BTC trend. On the charts, LTC is looking good again, against USD\T and against BTC. As per the chart, its hit a good level on the pullback. One...
Been riding this entry since $34, the halving pump has meant it could be traded bullishly all the way, i was expecting one final parabolic move to $170-$200 but we cant be too greedy considering the amazing gains its given all the bulls. LTC has formed an evening star pattern on the daily which is a strong reversal pattern, granted it might just reverse $10-$20...
- Retesting 4HR block - a break above and close would signal further upside or a higher retest. - No super confident in this trade due to a rsi divergence and possible run of stops - a setup is a setup
Hi guys. as we see bitcoin is still going up to 5.5-6K while litecoin is following it's big brother. When bitcoin soon retests its low we can see a 50% drop in litecoin again. Just be cautious when LTC drops back from $106 to $50 ish. Let me know what you think.
As my first previous prediction, I'm still waiting for $63 to short and wait for 48.50 then to the moon, good luck
LTC likes IHS, I don't see one in the making. I do see H&S on multiple time frames. Lord have mercy on my soul and feathers, for I have become a sleep-deprived gambler.
I am seeing a head & shoulders pattern on the LTC daily chart. If the daily candle closes like this, that would be considered to be a shooting star which is a bearish candlestick pattern. I am looking at 3 possible targets here - setting a 10% stop loss target 1 : 0.01167 target 2: 0.01117 target 3: 0.00983 setting a 10% stop loss If it looks like it...