LTC is currently trading within a channel on the hourly that is hard to feel good about as a bull. I am still patient and waiting for a trade to come to me and it is not happening here. I will be looking for a BTC flush of $8k or a clear break of resistance before looking for a trade. This is a good time to establish a game plan for both scenarios of direction,...
LTC has 7 days to move inside the house and prove someone lives inside by having a daily candle appear inside the window. If LTC can do so, perhaps the tenant can climb on the rooftop and reach the chimney towards the clouds. If the tenant (LTC) fails to get on the roof and gets rejected, then LTC is getting kicked to the curb, where bag grabbers will happily pick...
Litecoin. Average directional index shows us that the current down trend is loosing momentum. We have 2 important trend lines which form a triangle, price finding itself near the apex. Let's see where it will break. Every movement is an opportunity. Have patience.
Good evening Traders, After I got stopped out at my previous trade in LTCUSD. Here is an update on the chart. Obviously, losing is a part of trading. However, my view still remains the same. I am expecting more upside as long as it stays above 130.761. The arrows drawn in the chart represents my view. It can go to the 50% Fibonacci retracement from the peak....
LTC USD COINBASE Two posible potential purchase areas if we break the blue resistence line
Looking really really I DON'T KNOW hahaha But if we do make a move up it will be epic according to these trendlines
Not buying just observing. LTC volatility is hotting up. Often happens before a big move.
My previous post for Litecoin (LTCUSD) can be found here: Price of Litecoin (LTCUSD) is currently holding just above support 1 (between ~$133.49 and ~$131.31) indicated in the previous post and also shown here. Price swing from ~ $180.18 on May 6, 2018 to ~$134.40 on May 12, 2018 is identified in this analysis as a W-X-Y (double zigzag) Elliott wave...
LTC had more space before breaking support than BTC due to a stronger bounce as highlighted in the video yesterday. We are now watching if BTC can change the trend on the 4 hour chart to put the bulls back in control, which would have the daily charts for ETH and LTC looking much better than BTC. Still patient at this point, but establishing a game plan for two...
Wow.... check out this tight compression of CCI to a point around -90. The Cypher harmonic on the 9 HR indicates a STRONG WAVE 3 is IMMINENT!! Therefore, measuring Fibonacci extensions XAB and XCD gives a very high probability price target zone at 61.8% from 173.63 to 176.05
Upon reaching the Trend line, we expect a price hike of up to $ 206 Tp: 206 $ For copy our trades and gain profit in safe platform please contact us
After LTCUSD hit the 50% FIB and bounce back, It makes a nice bearish movement. Now It just breaks the flag ready to go down. NOTE: The flag pattern is the best way to enter a trade, never enter a trade when it s in a middle of strong movement.
LTCUSD update: Lower high formations across the board imply further weakness in these markets. As bearish as this price action may appear, it is a welcome sign for the next swing trade long. The lower high established at 153 is concerning if you are long, but if you saw my recent long term Elliott Wave count that I published on S.C., you will see that the level...
SHORT THIS MF TO 125 U DIG wait for the price to go through the 1fib
Litecoin followed Bitcoin in its fluctuations as the currency pair stayed close to the ascending trend line and the support area at $146. However, it started to decline several hours ago indicating the beginning of a correction. The currency pair has almost reached the support area at $138, but was unable to test it. The Ichimoku cloud is almost invisible here and...
This chart is bias towards a bull market correction. I believe we're in a #BullMarket now since breaking the downward trend line from BTC 20k, and thus I assume this is the correction pattern. LTC always follows BTC better than any other coin. That's why its my favorite crypto, steady steady, then breaks out. Best risk reward ratio. That being said! This is an...