Hi friends! Welcome to this update analysis on Litecoin! Let's get right to it! Looking at the daily LTC chart, we can see that the silver to Bitcoin's gold is looking HELLA bullish. After that powerful breakout above the downtrend channel, on MEGA HUGE volume, we can see that price is basically printing a textbook bull flag above what was resistance, at about...
LTC had the largest red volume since the recent breakout--and still left price higher than previous lows. Regardless, the price still continued to trend upwards. Further, the stochastic RSI is in oversold conditions, firmly, and suggests more upside to come.
Hi guys! As we can see Litecoin seems to be bullish short term but we should always look at bigger picture first. And bigger picture is clean - bear market. And I really do not think that bear market will end here by breaking 200 day MA. Another thing is I see nice bear flag with possible single digit target - probably bear market bottom. Good luck!
In this short article, we will analyse the price of Litecoin during the last months.
After 400 days of bearish market, it’s incredibly difficult to see something positive from the charts.
In this short analysis I will show you two bullish signs on Litecoin.
Take a look to the volumes: Starting from November they started to increase...
What's coin on guys?
Daily candle closed as a shooting star, and that is indicating that bears have responded with great volume. We might see a stronger pullback in the next few days, but, anything is possible as always...
Litecoin' seems to be follow that big bull flag pattern on the left i showed in the weekend. Short term it's still a lot of noise, with Bitcoin' not making a decision yet. On the right there are to options:
1) The H&S, which is less likely after a good strong rally as we did. But if we break the neckline and see an acceleration down with high volume, it will be a...
As you can see in 4h chart , after hidden divergence in uptrend of ltc ( Shows a short term reload ) market hits panic buy zone for 3rd time , Its a powerful signal which means market will back to its Trend or even break It ! so be careful , first Target is Trend line but it can even break it
Litecoin has retraced 50% of its recent moving up and is heading north again. 5/12 EMA, MACD, on On-Balance Volume looking good on the daily chart. Looking for an exit price above $55.
Set up is invalid if we close below resistance at $40.
Hi friends! Welcome to this update analysis on Litecoin! Today, we're going to be assessing an important lesson in technical analysis - one that I like to call "pattern repetitions." So, without further ado, let's get to it!
Looking at the daily LTC chart, we can see that litecoin had a powerful upseide breakout of the downtrend channel, and has since run into...