Litecoin is in a small uptrend in the “Expanding” (diverging) triangle. The global trend is downward. Important pivot points and levels of the first movements I depicted on the chart.
Features to which you should pay attention when forming this model of a figure.
1) There must be a minimum of 4 points of contact 2 touches...
Litecoin rejected off the 55 EMA daily on it's first attempt to crack it. The smaller EMAs (8,13,21) are the next line of support. From here we will hope to retest the 55 EMA. Just a waiting game. If things go sour over the next week then there's a high chance to go back to the local lows near the end of the C wave.
LTC Signal Buy Now Moon Coming soon !! short or long
Buy signals occur on the LTC 1 Day LTC / BTC charts.
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Litecoin has hit a resistance point. If I was playing the short term game I would sell right now. I gave signals to buy at 68, 65 and 62. If you bought at any of those price points and sold right now you would walk away with a pretty good profit. If LTC goes over my resistance point decisively I would jump right in again when it pulls back to the 61.8. The point...
Litecoin finished 5 waves up to hit it's 2019 ATH. Now it has completed it's massive ABC correction and is looking to take the first steps to starting it's journey back up to new highs! The first step will be to clear the 55 EMA on the daily! If we get rejected, we may retest the local low.
Here is your game plan. As of today all of the buy zones I predicted back a month ago have been hit. If you committed a percentage of your capital to the coins I indicated you are in a low-risk high reward situation, CONGRATULATIONS you should be happy about this. NEO is still at a great place (In case you did not buy), NEO will double your money in just a few...
Hello, Today we will look at the price of Litecoin. Since Litecoin successfully accepted halving for the Reduction of the Diggers Prize (25 - 12.5 digits dug out for a block), its price has fallen double, this has been expected by many professionals and investors. But don't worry, this move will raise the price in the future.How to imagine that this is possible?...
Litecoin is consolidating beneath the Trading Range and there are liquidity pools in both directions. Since the main trend is bearish, first a liquidity hunt into the Range then a strong downward movement seems like the best possible scenario.
Please let me know if you have any suggestions or any ideas...
LTC broke bearish trend line, we can see bearish momentum has been finished, you can enter to this pair after breaking 71.16 resistance, R/R is looking very good.
This is a Long term analysis, targets are available in the chart as always
Do not forget set SL and Enter after resistance break (71.16)