LTCUSD sitting on the support. Buy now and sell at the resistance. As Bitcoin is still consolidating, we expect 9 % pump and then getting rejected and coming back down. Good luck
Litecoin has gained traction, tending toward our upper target of $55.84. The price seems to be equilibrating just below this level, with a possible bull pennant pattern forming. It is not likely that we will see much momentum come through as risk-on markets remained inhibited by higher weekly unemployment and a hawkish Fed. But if so, $55.84 is likely to...
#LTC Litecoin if stays above $56 we are looking at $59 and $62.
Litecoin edged higher, hitting our level of $55.84, then immediately turning south, as expected and voiced here in these reports. We anticipate Litecoin to continue to hold this range in the low to mid $50's. Anticipate a floor of $51.92 or $50.64. We are not likely to break through $55.84 but if we do, the next target is $61.75.
Litecoin Intraday - We look to Buy at 52.05 (stop at 50.98) The trend of higher lows is located at 52.00. A lower correction is expected. Dips continue to attract buyers. We look to buy dips. Our profit targets will be 54.98 and 55.88 Resistance: 55.50 / 57.50 / 59.00 Support: 54.50 / 53.50 / 52.00 Please be advised that the information presented on...
Litecoin pivoted off lows with $51.92 providing support, as anticipated. We made a run for higher levels, with an upside target of $55.84, but have run out of steam just below this level. Several red triangles on the KRI seem to indicate that LTC is running into resistance. If are able to continue the rally then $55.84 is sure to provide resistance. We are...
Ltc appears to be forming a bearish pennant on the 4 hour chart. It looks like it will fall and form a double bottom on strong weekly support between 45 to 41. Short to 45 or lower.
Litecoin still remains bounded between $51.92 and $55.84, as we have mentioned many times. The price action has edged downward, but $51.92 is providing good support at the moment. If this breaks, then there is another level immediately below at $50.64, which should hold. if momentum comes through, then $55.84 is a likely ceiling, as it will take significant...
Please see chart - bearish divergence, struggle to move above 200 EMA
Litecoin Intraday - We look to Sell at 55.35 (stop at 56.51) Bespoke resistance is located at 55.00. We are trading at oversold extremes. We look for a temporary move higher. Preferred trade is to sell into rallies. 55.54 has been pivotal. Our profit targets will be 52.41 and 51.41 Resistance: 53.00 / 54.00 / 55.00 Support: 52.00 / 51.00 / 50.00 ...
I bought Litecoin (LTC). The reason is that the price is very cheap and it is worth my purchase. The price of this asset is very low now and we are facing an upswing that will give good returns in the future
Litecoin has been hovering in the low $50's, bounded between $51.92 and $55.84. We do appear to be seeing some momentum come through with a large green candle wicking up toward the upper bound of the range. We anticipate this to be short lived, but if we can keep up momentum, we are sure to encounter further resistance at $55.84. If not, then we will likely see...
• LTC/USD is stuck between 50.01 and 55.55. 52.30 represents a support level. Personally, I won't look for new trading opportunities until the rate breaks out of this pattern. ➥ CONCLUSION: • A valid breakout above 55.55 and R1 (55.66) could lead to long opportunities with a potential target at R2 (58.78). • A new lower low with a valid breakdown below 50.01 and...
looking to long LTC if stays above $55 Initial target is about $63/$65 area and if fib .38 level is flipped we are looking at $75 and $80.
Hello Everyone I missed sharing this trade with the channel. I took a buy on LTCUSD. Price has been in a range for some days, the price seems to be at the support/demand level and I am speculating for a reversal. I will be buying Litecoin short-term. My entry was $52.84. I advise placing your stop loss/exit at a good level
Litecoin made a run for $55.84 as we mentioned in the reports yesterday. This proved to be a hard upper bound, as anticipated, and prices quickly retraced back to support in the low $50's. Currently, $51.92 is holding, and this should come as no surprise to dedicated readers who have heard this level called out over and over again. If support does not hold then...