LITECOIN / USD TA Bullish until support is broken. Overall looks liked W pattern. Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
LTCUSD is approaching our first support at 50.58 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 56.95 (horizontal overlap resistance,100%, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also...
LTC is close to its trend line which has been in a downward trend since 14th of January, we have two targets which are both marked in the (RED SQUARES). Litecoin has lost significant value since January but as we reach the trend line, a possible breakout is in play.
Litecoin (LTCUSD) needs no introduction. We will be looking at it shortly and going straight to the trade: We have a falling wedge, which is a bullish pattern. LTCUSD is now sitting at 2017 strong support levels. MACD curving up and bullish crossover. Trade instructions for Litecoin (LTCUSD) by Alan Masters Buy in: $50 – $54 Targets for...
BTCUSD A slight increase in the Bitcoin rate practically did not change the trading picture in any way. We continue to expect a decline in the price of Bitcoin. Forecast for today: The fall of the Bitcoin rate from $6500 to $6000. ETHUSD The price of Ethereum tried to grow yesterday, but it was a small rise for a full reversal up. Therefore, most likely, the...
BTCUSD Flat on the Bitcoin rate continues. There is a small probability of its growth, but we will see about that after the break through of the level of $6800. At the moment, the crypto market is in the paws of bears. Forecast for today: The fall of the Bitcoin rate from $6500 to $6000. ETHUSD The price of Ethereum is still in flat. If buyers succeed in...
Another nice example of the power of this type of gann square configuration. For now price is not allowed to penetrate the circle intersect. It could continue oscillating until Oct 22nd and then move higher. enjoy ! Cheers, Keops
BTCUSD The bear mood reigns in the cryptocurrency market. Buyers of Bitcoin has not yet been found, so its rate is likely to continue to slowly decline. Forecast for today: The fall of the Bitcoin rate from $6500 to $6000. ETHUSD The price of Ethereum slowly decreases. While the rate of the Ethereum does not find support from buyers, therefore, its decline is...
Market Cap is following the 2014/2015 pattern at double speed. We are at the bottom now, will it follow the 2016/2017 pattern too? We hope that. This is my personal opinion and this is not a financial advice! Good trading!
If Litecoin loses support here, it’s likely to lose support against BTC too. That would signal a continuation of its year to date underperformance against BTC. If it does reverse higher, it will encounter significant resistance at 54.50, 56.60 and 59.65 and strong diagonal resistance against BTC. Until these levels have been cleared it just doesn't seem that LTC...
BTCUSD The crypto market looks like someone has put it on the "pause". After a sharp rise, the rate of Bitcoin rolled back by half, and intends to continue its fall. Forecast for today: The fall of the Bitcoin rate from $6500 to $6000. ETHUSD The price of Ethereum is in a downtrend. From the flat, rate of Ethereum will probably move downwards. Forecast for...
LTCUSD is approaching our first support at 50.58 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 56.95 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching...
The LTCUSD pair is back under short-term selling pressure after the seventh largest cryptocurrency briefly recovered above the $55.00 resistance level. The LTCUSD pair is intraday bearish while trading below the $52.00 level, which coincides with strong trendline resistance. In the medium-term, a large bearish head and shoulders pattern remains below the $48.00...
Litecoin couldn't hold above the 60 resistance and currently is around 52. We are watching a bollinger band squeeze for some time now, and stochastic is pointing upwards, so if a break above 60 resistance occurs, we will follow a bullish scenario targeting 69.50. On the otherhand, if we see a break below strong 47 support, we will follow a bearish scenario,...
BTCUSD The rate of Bitcoin "died" in the flat. We remain committed to our opinion on continuing the decline in the value of Bitcoin. Forecast for today: The fall of the Bitcoin rate from $6670 to $6000. ETHUSD The rate of Ethereum presumably from the flat can go down for sale. Forecast for today: The fall of the rate of Ethereum from $220 to $160. XRPUSD Ripple...
...before it bounces to $60 by the weekend - $ltc