Litecoin / U.S. Dollar LTCUSD

Litecoin is absolutely crushing upside resistance right now. As you can see, it has broken out above the uptrend channel (in blue,) and it has even poked it's head above the 200 EMA (in purple.) The last time LTC was above the 200 EMA was in the middle of May 2018. So, it has been nine months since we were last above this resistance. This is VERY important to pay...

Litecoin just keeps on popping up, ignoring all the resistances and possible short term bearish pattern. It even broke that channel on the upside already, which is something that rarely happens. So that "long" term resistance around 50 broke as well. Because of this, the real test will be seen now. We have already made a pullback to the 50/48 zone, there is a...

LTCUSD is approaching our first support at 46.75 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 55.80 (100% extension, horizontal swing high resistance). RSI (21) is also approaching support where we might see a corresponding rise...

LTCUSD is approaching our first support at 46.75 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 55.80 (100% extension, horizontal swing high resistance). RSI (89) is also approaching support where we might see a corresponding rise...

To end its bear season LTC has to fall all the way down to 15 usd. First, it can go up to 65-70 usd, however 15 usd will be waiting for the right time. I am not playing LTC, I like eth more...

I feel that the chart is clear enough to explain the idea behind it. Litecoin's two bear markets (2014-2015 and 2018-2019) share a similar pattern behavior. A Buy Signal occurred in May 2015 after the bottom was made in January and a support was formed. The price broke a Lower High trend line and rallied nearly +700%. The duration from the bottom to the rally's...

Let's take a look on LTC today. Although LTC is, like all other alts, dependent on how BTC moves, it can be seen some signs of upcoming correction on LTCUSD pair. There is a clear bearish divergence on RSI (blue lines), somewhat sketchy rising wedge towards resistance and dropping volume. But when you are comparing an altcoin towards the U.S. dollar, you should...

I don't think we hit the bottom. Take your profit from longs and look for points for shorts.

Hi guys! Even LTC broke 200 day MA and pierced bear flag on the upside, we have a clear bearish divergence on a daily chart. Retest of the flag's floor coming soon.. -DP-

So far, it seems that February has been great for Litecoin as it's price has managed to cross the 20 days Moving Average, it consolidated it's position at the top and also registered a growth of 55% until today. Of course, this huge price change was stimulated by the higher trading volumes than before and also by the market capitalization of the...

BOTTOM IS IN!

Hi everyone, Looking at the current market situation, I believe that we need some consolidation. LTC has been giving us great early signals of what will happen next. It seems to pump first and then the rest of the Alts and BTC follow. With that said, LTC is at the top of a upwards channel (bearish channel) and it is currently rejecting the daily 200 EMA, which is...

LTC is setting up for another move higher. If you can buy it when it is in the BUY ZONE then you are getting it on sale.

LTC may be a possibility of this happening. Let wait and see. This is not trading advice.

As long as it is above the 47 level, it can be expected to target the 54 level.

Just for fun..

making higher lows and higher highs

Does it make sense little bit? ... maybe just everybody see, what they want to see :D