A highly interesting and hopeful end to the year for most Cryptos with BTC, EOS, ETH and LTC in particular all holding support as the main highlights. It's a quieter start to the week though, with no notable data or Crypto driver today, but we do have the ripple effect from the USD devaluation theme and the increasing reflationary risks already showing signs of...
LTCUSD expected to rise up to 1st resistance at 47.29 where it could potentially react off and drop down to 1st support at 42.27. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
LITECOIN move up nicely since my last post about. I hpe you enjoy my analysis. Please support the idea by Like, and Follow :) Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade...
LTCUSD reversed off its resistance at 42.63 where it could potentially drop further to 39.36. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The LTC/USD pair continue fell down since the its halving in late August. The coin has lost nearly half of its value since that time. Moreover, Litecoin’s hash rate has decreased by almost 70% since the halving, which means that miners are not so happy and motivated to support the network. At the time of writing, Litecoin was down by 0.85% for the last 24 hours....
The priceline of Litecoin / US Dollar is moving within the descending triangle and now hitting at the support of this descending triangle. Support of triangle should be used as stop loss in case of complete candle stick closes below this support. I have used Fibonacci squence to set the targets as below: Sell between: 45.87 to 48.17 Regards, Atif Akbar (moon333)
LTCUSD bounced off 38.14 where it could potentially rise further to 63.82 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
I feel LTC could push up from here. Although I would love to us go lower. Very interesting time for crypto.
LTCUSD approaching support at 38.14 where it could potentially rise further to 63.82. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Litecoin is looking really good. I am really curious to see how this next week plays out. I still feel BTC dominance will keep falling allowing Alt-coins to freely move less influenced by BTC. I still really would love to see LTC come down to $25-$30.
LTCUSD approaching support at 38.14 where it could potentially rise further to 62.88. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Litecoin is looking very interesting. I am really curious to see how this next week plays out. I expect BTC dominance will keep falling allowing Alt-coins to fluctuate less influenced. I would love to see LTC come down to $25-$30.
Priceline of Litecoin / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 49.082 to 44.959 Sell between: 53.285 to 62.083 Regards, Atif Akbar (moon333)
Priceline of Litecoin / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 57.53 to 55.66 Sell between: 59.68 to 63.94 Regards, Atif Akbar (moon333)
LTCUSD reversed off its resistance at 64.71 where it could potentially drop further to 38.14. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD reversed off its resistance at 64.71 where it could potentially drop further to 38.14. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Overall a downward structure, price testing the resistance and already forming a double top. Nice price action on LTCUSD.