Please guys don't worry the market is not crashing... Meanwhile, you will be able to make a small profit here : Bullish divergence on LTC : Target => around $206
hi friends there is forming wedge on ltc chart and ltc can go little low before explode it may comes and take support on that 100day Ma red line so can place buy order near 0.0193 sat. dmi is also about to cross so be careful chart not signalling for buy but we can buy at lower support of that wedge and then ltc can make reversal wait for the buying...
Litecoin has shot up nicely after breaking our wedge formation. Our 1st support is at 212.77 (Fibonacci retracement, horizontal overlap support, pullback support) where a further bounce could occur in pushing price up to 264.42 resistance (Multiple Fibonacci retracements, horizontal swing high resistance). Stochastic (21,5,3) is seeing strong ascending support...
As described in the chart Bearish Crab D @ 252
LTC/USD has broken out of daily cloud. Techs support higher. Momentum studies are bullish and MADC has moved into positive territory. ADX is above 25 levels and rising and we see +ve DMI dominance. Good to go long on dips, SL: 220, TP: 270/300.
LTC is right now looking so strong... Basically : 1 - Just broke out of a falling wedge that tells us that it should now take more than $190 from the breaking point 2 - Big Hidden Bullish Divergence that tells us that LTC is going to the $270 (from 158 to 214 = $56 to add to $214) => $270 3 - $270 is a big higher high in our new bullish trend that corresponds to a...
Litecoin is now consolidating really nicely within a wedge formation. We prepare for a potential bounce above 212 major support (horizontal overlap support, Fibonacci retracement) with our next major resistance at 264.42 (Fibonacci retracement, horizontal swing high resistance). Stochastic (21,5,3) can see an ascending support hold prices up and our bullish bias...
Unlike with BTC, I find that we have found a bottom on litecoin. Looking at the daily, we see a double bottom, with a reversal at ~105usd. It pushed up strong and broke out of the down trend, resulting in a gain from 160-237. Now we have an expected pullback as traders take profit, and potentially traded into BTC since LTC/BTC was at a high of about .025 again....
Hidden Bullish Divergence on LTC : 210 to 226 so +$16 per LTC That should bring the price to $242
Been watching this triangle over the past few days, looks like we finally got our breakout. There's room to fall now, but I'm hopeful that uptrend line will provide a solid support moving forward in the coming month.
LTC blew past the downtrend line with multiple four hour candle of significant price gains. This bullish breakout follow two bearish wedge breakouts. Next level of resistance is at the $300 price range. Market conditions seem optimistic so I think waiting for a fallback to $177 range is greedy. I could foresee a cup and handle pattern with a pullback to about...
Hey guys so I'm a beginner analyst. I've been studying technical analysis for about 8 months and I'm starting to put it into action. I'm looking for experienced opinions, advice and criticisms on my ideas. It's one thing to study something and believe you have an idea of what you're doing, but its another to put it into action, therefore, I would really like some...
COINBASE:LTCUSD A bullish breakout of a falling wedge constitutes an excellent long opportunity, with a falling wedge being a continuation pattern . STOP LOSS : 93.91 TAKE PROFIT : 414.69 Risk-reward : 3.2 Longer term trend: Bullish Current trend: Bearish General comments: The falling wedge formed starting mid-december. The lower channel became...
LTC found the bottom and a support at 105$ and bounced upwards with strength. The MACD and the RSI show a bullish divergence in the 4H interval. In addition, the MACD is showing a cross and change of trend towards bullish. Overall, good signs that LTC might at least test the previous resistances. Buy: below 145$ Target 1: 175$ Target 2: 198$ Trade stopped if...
Litecoin is testing major resistance at 172.58 and a break above this level could trigger a move all the way u p to 213.62 (Fibonacci retracement, horizontal overlap resistance). We do have to be careful about strong intermediate resistance at 196.16. We can see a bit of a squeeze happening too with our ascending support line pushing price up steadily against the...
LTCUSD has risen to our long term descending resistance line, tested it and started to react nicely off it. The overall momentum remains bearish and our first major resistance is at 149.41 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension, descending resistance) where further bearish momentum could drive price down to at least 108.41...
LTCUSD has risen to major resistance at 149.41 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension, descending resistance) and a strong reaction could occur at this level to drive price down to at least 108.41 support (Fibonacci extension, horizontal swing low support). Our long term descending resistance line is also adding a lot of...
Massive Bullish Strong Divergence on LTC Reversal strong Signs... 1st Target : $140 2nd Target : $210 3rd Target : $250 LTC is a magnificent buy right now...