Clear RSI bearish divergence on the daily chart just establish yesterday.
I dont think Litecoin ended his correction from the macro view and will turn to the downside soon! The corrective pattern that I am watching for Litecoin is a wave 2 flat starting from december 2017. Recently move to the upside may be a 4th wave from an impulse C wave that forms flat pattern. Also this 4th wave may go to 102 before turns down to end this flat C wave.
This High on LTC is difficult to assess. Attempting to validate a Low for a Box with a tool, is necessary; a MacD of the Accumulation/Distribution aided the discovery of a Low. Obviously, the Price Action swung the levels around the new Box.
ltc litecoin 1 week long usdt tether dollar long here go to the moon bitcoin crypto
An interesting situation. We've placed the entry points for both scenarios. Trade safe!
Here is just one of my bearish interpretation. Most would still point down. IF the price crosses $92, I would say the proposed impulse down would be invalidated. I wouldn't be sold on ATH coming soon just yet, though. I think that there is a possibility that this is just a W4 until that line is crossed. Furthermore, I am still looking at longs as well, a bearish...
Litecoin Breaks Out of Long-Term Range opened up the upside Expected further upside potential Follow me and take you to achieve wealth freedom
Here's an LTC idea with the potential wind at our back with the Aug 2023 halvening event. I tried to post this the other day but something with rules of la casa so wont mention any other websites haha. The bulk of my market participation is using higher time frames and the bigger seasonal or business cycles since I have a full time career and other obligations so...
Hi Traders LTCUSD (4H Timeframe) A High probability, entry signal to go LONG will be given with the upward break of 79.52 after the market found support at 74.95. Only the downward break of 74.95 would cancel the bullish scenario. Trade details Entry: 79.52 Stop loss: 74.95 Take profit 1: 88.57 Take profit 2: 96.95 Score: 8 Strategy: Bullish Wave LTF
Litecoin is at an ultimate support zone. Trading in between its Fibonacci SMA610 and Fibonacci SMA987. Here's levels on the 1-day chart: 52 week high = $413 52 week low = $99 7 day high = $132 7 day low = $113 SMA377 = $181 SMA610 = $141 SMA987 = $111 breakout = $164 R3 = $155 R2 = $146 R1 = $137 pivot = $128 S1 = $119 S2 = $110 S3 = $101 breakdown = $92 Do...
A lot of investors have been looking at LTC over the last couple of days because it's outperforming the market by quite a margin. Furthermore, it's actually holding up quite well whilst BTC has been dropping like a rock as of late. Below you find my short-term LTC/BTC analysis. With LTC seeing big gains, I think it's time to take at a long-term perspective....
This chart shows the litecoin price along with network data comparing litecoin to bitcoin such as total address growth ratio, new address growth ratio, transaction ratio, retail ratio, active address ratio along with comparing doge to bitcoin ratio to show that litecoin can level up to these values.
D1 - Price has broken above a strong resistance zone and is holding above it. No opposite signs. H4 - Higher highs. Currently it looks like a correction is happening. Until the two strong support zones hold my short term view remains bullish here.
Looks Good With all the pump in last days and will be looking for New Highs.
breaking accumulation zone halving sooner than btcs probably seesa good run relatively here finally same accumulative breakout pattern as xvg
RSI still has plenty of room to maneuver. LTC looks set to test $80 and possibly $100 LTC rebound has been phenomenal .
On the chart we can see the price is currently overbought. As we can see all the three indicators are suggesting the overbought condition. So this can be a short-term oppurtunity to get some profit if this plays out. The indicators used are Bollinger Bands, RSI, Stochastic. See all the details on the chart. Goodluck!