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LTC Bulls Keeping Control of the BounceLTC very similar to BTC on the 4 hour, keeping control of the bounce and holding EMA 12 and 26 support looking for the bull cross of these EMAs. We are not forming an inside bar on the 4 hour like BTC and ETH as the range has already tightened and broken. The price is currently close to the high of the bounce at this point. We will be looking for any clue if one of the big 3 sees continuation first. This will increase odds the others follow. Daily EMA 12 resistance will be tested if we head to higher highs on the 4 hour. This resistance has rejected the bulls multiple times, and if we reject again the bulls will need a higher low on the daily. Swing bulls are waiting patiently for this key resistance test.
COINBASE:LTCUSD
by TheChartGuys
LTC hitting this trendline. Bounce or move down?LTC is interesting right now. It's really similar to ETH in that it's hitting this trend line and that it needs confirmation for a confirmed move down. Could it continue going up from here? Sure, but I am on the sidelines until we get some more direction. RSI is confirming divergence MACD is looking to cross here, but you need confirmation This 140 level should provide a bounce. I prefer the 125 area, and if we break 140 we are going there, maybe 130. but it will be in that area. Happy Trading, -Sherem
BITSTAMP:LTCUSD
by Sherem
3
LTC correcting from Elliott wave structureLTC is currently correcting from the Elliott wave structure prob till 0.5 or 0.65 fib lvl and is forming a downward channel. After correction I think we are going to see the 3th wave of the bigger Elliott wave structure that it is forming. NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep. If you want to donate crypto: L T C : LgdvQDGv4v4krzdmVmozSopdvcLUbpj3Ye B T C : 1Dx6c5e4BNaDMtSBp53dWGExYJccxmqc7k E T H : 0x43e36a719c407285ec3c967857d13e9926771b78 X V G : DFT1FpC1d9MBHfFB7M4UPjorQEfJuFQEoh
by ULTRAHYPERMEGA
LTC 130 retest waiting....LTC really rallied today - support above $140 is a great sign indicative of a possible turnaround finally. We shall wait and see. Trying to catch a potential pull-back/retest of the low $130 rally that happened today, this would only issue further support of a bull market turnaround. Of course, I'm never too confident as anything is possible (especially in the crypto markets!) Waiting patiently for this thing to drift back down to the 88.6% retracement, and we'll make a price target, stop loss determination from there.
COINBASE:LTCUSDLong
by GregoryMichelson
1