The 4hr timeframe chart is used in this analysis to inspect price action in LTUCUSD.
Three things to keep in mind in this case are highlighted on the chart and discussed below:
(1) The major trendline in Litecoin (LTCUSD) since ~January 06, 2018. This bearish trendline is still active and its implication is that it is safest to initiate a position only when price...
As explained on the previous analysis, the price found an excellent cushion level just above the 106.323 1W support and according to the Fibonacci levels of the previous 1D candles, the price should now rise to a Lower High just above the 0.5000 extension (yellow ray at 148.427. It has already started to do so but remains more neutral than expected on 4H (RSI,...
LTCUSD daily chart
Indicators are not positive at the moment.
I'm waiting for a jamming the price at the area I have marked
Then the price direction will become clear
There will be very volatile movements after the jamming
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the impaired...
Yesterday's idea brought us another 4% profit. And so my strategy alone has brought us more than 25% profit. We have short when they were all in long, we have short pattern, we had long when all short. Goal the middle of the channel
This is something I picked up on with Litecoin on Binance a while ago.
There seems to be a predictable pattern to the way that LTC/BTC Wedges for anywhere between 50-100 days before massive gains.
The Chart speaks for itself but allow me to go into detail on some of the key points of this analysis.
1. THIS IS NOT FINANCIAL ADVISE BUT MY OWN ANALYSIS THAT I AM...
Hey. We enter the long after breaking the boundaries of the triangle. I also want to tell you about my interesting indicator called as "trend Cloud". Here are the cloud features in more detail:
Support/resistance breakout, to indicate trend strength of support and resistance(the wider the cloud, the stronger the trend), the...
Price action of Litecoin (LTCUSD) from ~$113.08 on April 10, 2018 to ~$165.47 on April 24, 2018 is interpreted in this analysis as an ongoing impulse wave (5 wave) move in which a Minute wave ((iii)) just terminated or perhaps a Minute wave ((c)). Either scenario however does call for a correction in Litecoin which is currently ongoing, after which LTCUSD is...
I'll make 7-8 signals. You will appreciate the quality of working them out. And if it suits you, as well as me. I already create a ready signal service with a paid subscription of$ 20 a month. Agree tempting?And also as I and spoke training some their strategies and intricacies of....... provided
Litecoin has been meandering ever since it hit a high of ~$252.86 on Feb. 20, 2018. A price channel has been used in this analysis to capture price movement for Litecoin since the above mentioned date.
The upper channel line was drawn to touch previous highs (at least two) and a parallel line was then drawn across price lows (also at least two since a valid...
Glad to present Tengri's Traders prediction concerning Litecoin.
Suppose, that long correction in wave "B" or "2", soon should be over.
Present time, we see decline in form of correction to retest the prices 170 - 160 - 140. (invalidation 98.61)
Then it will be a greate opportunity to participate in bullish rally!
Powerful Traders decisively...
My little modest opinion on LTC:
There have been 2 attempts by LTC to join the ascending channel today, but both have failed. At the moment it seems to consolidate at $ 225 to take some new momentum.
Litecoin is seeing major support above 222.06 (horizontal swing low support, bullish divergence, Fibonacci retracement) and a strong bounce could occur at this level to push price up towards 244.57 resistance (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing major support above 3.6% and also sees bullish divergence vs...