Hello, my beloved friends! Welcome to this unusual analysis, on Litecoin! I'm going stick my neck out there again, and attempt to throw my first upside target on the chart. Before we go on, this is very conditional. It will depend on many factors, such as how LTC responds to upcoming resistance, and if it can make it's way above the downtrend channel. There are...
Hello, my beloved friends! Welcome to this unusual analysis, on Litecoin! I'm going stick my neck out there, again, and attempt to throw my first upside target on the chart. Before we go on, this is very conditional. It will depend on many factors, such as how LTC responds to upcoming resistance, and if it can make it's way above the downtrend channel. There are...
Daily TA for litecoin is bearish. Expect the support line at $103.10usd to be reached if it continues past that we may be looking at a new target of $79. TA shows LTC is showing RSI is oversold at 38 but that wont stop the downward trend with the negative media releases and cryptocurrency market cap being halved.
Hi friends! Welcome to this update analysis on Litecoin! Let's jump right in. Looking at the four hour chart, you can see that LTC formed that nice V bottom, off of yesterday's low, and defied the other cryptos as it charged higher. I have to warn you not to get too excited though, because there appears to be more downside in the cards, for the Lite of coin. I'd...
ANALYSIS ON BOTTOM.. Hey everyone, it's been an interesting start to 2018 lol.... Add some bloody trading days, misinformation, FUD from world governements, crypto-celebrities and what I only could describe as possible "provoc saboteurs". Saboteurs have been used for thousands of years and their hired influence shows how one person or small group can change...
I see one last corrective wave and then we are off to the races for (LTC). I'll be placing buys in the $90-$95 range, and I see us back at $300 within a few weeks, then another abc correction. Very bullish on LTC this year. easily $700-$900 by end of the year. These are just my opinions. I'm no financial advisor, anything can happen in crypto. That being said...
Hi friends! Welcome to this update analysis on Litecoin! Well, as you can see, yesterday's formation was NOT a bear flag, and we seem to be putting in a V bottom. Looking at the MACD, we can see that a bullish crossover has occurred, and buy-side volume begins to light up the chart, as the bulls try to form a bottom in the bear market. If you recall from...
Recent news of LitePay launching along with the successful test of 200sma has put some renewed momo into litecoin if market can hold up i think this is still a hold till 200
Hi friends! Welcome to this update analysis on Litecoin! This is a short, quick warning. I want to get this out fast. You can see that today's small bull flag bounce, has now rolled over, and turned into a big nasty bear flag. Price is now back under the $124 support level. After a weak bounce today, it looks like prices are poised to fall lower, possibly to test...
Hi friends! Welcome to this update analysis on Litecoin! WOW! As you can see, LTC dropped to the $107 handle, slightly above the $105 target, and has bounced nicely! It's currently printing a bullish engulfing hammer candle, and you can see that the MACD is starting to round to the upside. Additionally, we can see that buy-side volume is surpassing the red volume...
It's simple folks buy limit set on the 200 EMA if 0.786 line of support fails. (View of the 1D chart) "2018 will be a good year for litecoin" - believe
Yes, Litecoin like to "erase" all the gains. It seems that needs to hit $98 again, before start the uptrend again. I think it will hit $500 again.... weeks, months, years, I don´t know, my cristal ball is not working properly... XD But don´t beleive me. I am just a noob here.
Hi friends! Welcome to this update analysis on Litecoin! Looking at the four hour chart, we can see that a continuation breakdown, from the symmetrical triangle, is developing. The bear flag that formed below the triangle, has quickly produced a strong breakdown. Currently, you can see that LTC is testing the 78.6% retrace, which has already been pierced. We can...
Looks like LTC/USD has formed a descending triangle for a while now. Its nearing the edge where we will either see it breakout or continue on a downtrend. With the RSI getting lower, if we can see it dip under 30 and bounce it would be a great sign to show an upcoming bull run. Also, with the 8 and 55 EMA's getting closer to each other we are hoping for them to...
Bearish signals on RSI following this wedge. Im short on LTCUSD in these market conditions. ALthough i believe post-february will be a nice run for crypto, litecoin will lagg behind unless it does something unexpected
Hi friends! Welcome to this update analysis on Litecoin! Looking at the four hour chart, we can see that The symmetrical triangle has broken to the downside, in a continuation move that solidifies the pattern. At the time of yesterday's post, LTC was trading at 183.72. Today, LTC dropped to 160.29. That's about a 13% decline, in less than 24 hours. As you all...
Hi friends! Welcome to this update analysis on Litecoin! Well, the moment I try to appease some of the unsubstantiated bullish sentiment, among some of my viewers, LTC gets stopped cold at my heavy resistance level, and drops back below the 50 EMA (in orange.) If you recall from my last post, I said "Look at the 50 EMA, and particularly, focus on the instances...
Hi friends! Let's take a look at Litecoin! Looking at the four hour chart, we can see that a breakdown did occur from the symmetrical triangle, but, instead of producing a continuation to the downside, price action just tiptoed higher. Despite the weird sequence of events (breakdown to upside trade) it's actually shaping up to be a nice recovery. Although, it's...