LTCBTC - Litecoin Halving Revised Chart - Top Reached at $60-64 Time for a Retrace?
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Since our last update, Litecoin broke the bearish H&S we had...
I left some old info on the chart because I called that break out like an expert! LOL. Anyways we seem to have reached support again for LTC. Can we bounce from here? The halving is likely to create a demand for LTC so the price should rise more IMO
LTC is gonna need a bit more time to continue its breakout patern. At best I think we can form a double top to retest 1800 by early June - however with BTC trending sideways - LTC will be taking a back seat and cooling off over the next few weeks.
A good buying signal with a nice R/R.
Buy it now and wait
Stop loss 1150
Time analysis: 1 Jul (Daily chart) and 23 Dec (Weekly chart) are two important dates that I expect powerful price reactions.
We are sure many of you already have heard about halving of LTC this year.
It will happen on the 5th of August 2019.
The last time we were weeks before halving the significant rally appeared.
It happened in 2015 at the beginning of May.
In that time we were just a couple of weeks from halving.
Those who invested could gain 470% within just 8...
In the event of a bearish BTC dropping to 5k levels, LTC gets absolutely rekd - easily getting crushed at least 20% more than BTC. This would land LTC in the $70 USD range, which is where i am placing my buy limit orders.
This is the sum of some alcoins vs BTC paired.
On this chart I just noticed that we recently hit almost lowest levels for ETHBTC, XMRBTC,LTCBTC,NEOBTC,EOSBTC,IOTBTC,XRPBTC,ETCBTC
Also I can see Wyckoff Accumulation and if this is valid in crypto we are at the bottom of this painful correction, so we might see a bull run soon and if correction is...
Litecoin has remained stable despite Bitcoin and other alternative currency corrections in the past few weeks. Another leg up is seeming to be the most probable outcome in the next few weeks. Litecoin ( LTC/BTC ) will push for 0.028 on a breakout of 0.0215.
Mood: Liquidate @22loops
Litecoin $LTC has been showing considerable strength lately on the back of the upcoming halving. The charts are showing strong volume and the most recent bullish impulse moves have quite a bit of momentum. The shallow pullback before the next impulse leg tells us that momentum is very strong to the upside. This is a good pair to trade taking advantages of...
Hello everyone, Bitcoin has just reached $ 7,000 per coin and domination is 59%. According to the logic, in the near future there will be a transfusion of a part of bitcoins into other projects, in order to increase the number of bitcoins. After analyzing future events, I realized that the more likely scenario of money transfer will be LTC. There are several...
On Balance Volume (O.B.V.)
The On Balance Volume indicator (O.B.V.) is used in technical analysis to measure buying and selling pressure. It is a cumulative indicator meaning that on days where price went up, that day's volume is added to the cumulative O.B.V. total. If price went down, then...