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LTC CUP AND HANDLE PT2LTC has been looking like there is a cup and handle pattern and has an objective of $180 which is 2x the current price. so if you invest $10K you will turn out with almost $20K which is pretty cool.
The handle looks like its rising which is a sign that we are almost here so buy in now!!
Anyway research this on your own time do not just jump in! dont take my advice seriously just research it! I strongly beleive that a cup and handle is here.
TARGETS: $180 $220 $350 $440
RESISTANCES: $100 $156 $180 $220 $350
SUPPORTS: $85 $75 $65 $55 $49
LTC WILL EITHER GET A BOUNCE AT THIS LEVEL OR...LTC needs to have a bounce within next couple days to maintain it's bullish pattern
LTC/USD - H&S for one more leg down completes ABC correctionLTC/USD
H&S maybe in play to take this to one more push down. im seeing a Flat ABC so we may stop around YELLOW A. then start moving up. this is also the area for the minimum target on the H&S. this will also complete 5 waves down to complete the large yellow ABC Flat correction.
lets see what happens
LTC ready to test MAJOR resistances before take offLTC/EUR seems ready to explode, but it may not happen at the first attempts.
I'd recommand to sell as soon as we enter the 80 to 100e area.
Will rebuy if we don't breakthrough.
If we manage to close this week or the next ahead of 110e, get ready for EXPLOSION!
Ltc updateLtc update using Elliott wave cycle I think another dump coming from 84.47 to 42.10 so be careful
LTC (Bitmex)LTC (Bitmex)
Begins correction for this instrument. The price is inside the rising channel starting from January 20x, January 2019. It is necessary to go beyond this channel to accumulate positions in the range from 0.013 - 0.0115. Locally, a corrective figure was also drawn.
We will sell from the level of 0.014.
Goals: 0.013 | 0.0122 | 0.0115 |
LTC 1D Running flat LTC running flat correction on daily TF. Look for C wave shorts soon for a nice swing down.
LTC retracement time - watch for shortLTC did not have retracement after 125% grow. I think 10% is very conservative short target.
LTC - large degree running flat in the makingLTC has been leading BTC so far. Its correction started earlier and still in the making as running flat
LTC Bulls Keeping the Volume SteadyLTC has continued to show strength as it lead the markets over the last two weeks. The price has begun to make its way into this upper channel of price discovery--and the bullish volume has been steady (if not increasing) to support this upwards trend.
LTC Bull Flag? OR drop to bottom of channel? LTC/USD is currently in a tricky position. Currently the bull market is looking good. There is still a chance of litecoin dropping to the bottom of the upward channel. We have had a strong week and it might back track. However, with the rise to $48 in the last coupe of days, we might see another perfect Bull Flag. It is going to take a few days to see if the flag forms but if it is as successful as the last bull flag we will see a rise above the upward channel top line in blue. Bitcoin is looking very good right now above the 50 MA line, and still showing strength, so Litecoin may follow.
I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner.
