H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
H4 - Bullish trend pattern.
Higher highs.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
Hey traders, in this week we are monitoring LTCUSD for an interesting buying opportunity around 120 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Litecoin has broken the daily descending structure so no more downside IMO.So If we consolidate above the market and don't go back into the structure we are totally fine.
The probability of going upward is quite high compared to a downside option but we always stay cautious of the bitcoin move so if bitcoin doesn't ruin the show, Chances of Litecoin to make an...
Previously on 8th Jan I posted an article where on 12 hour chart the Litecoin with Bitcoin pair was forming bullish Shark then finally the price action of LTC entered in PRZ area and produced more than 45% gains.
Formation of bullish Gartley:
This time on very short term 2 hour based chart the price action of LTC with Bitcoin pair is forming bullish harmonic...
Hi folks hope you are doing good, in my previous idea of Litecoin with Bitcoin pair we have seen that the LTC had formed a complete bullish Shark pattern 12 chart. The formation of that pattern was started on 26th Dec 2019 and completed in 8th Jan 2020 and we have seen that on 8th Jan 2020 the price action moved up with the powerful divergence and produced more...
Priceline of World's 6th largest cryptocurrency out of more than 2300 cryptocurrencies LiteCoin (LTC) with Bitcoin pair is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this...
Priceline of Litecoin / Bitcoin cryptocurrency is forming a bullish Crab pattern soon it will be entered the potential reversal zone.
MACD and Stochastic are strong bearish.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.006255 to...
Quick TA on LTC USD
We observe an inverse H&S formation with a clear break above the neckline. Clearance of the downward channel is also demolished, looking for the next major overhead resistance. Good consolidation of flag formation at the $40 range indicative of price strength confirmation.
Next target should coincide with the 200MA (in red), at approx $50....
Hello Traders,
Litecoin is designed for merchant and those willing to buy sell pseudonymously through blockchain. There is more adoption considering the number of merchants and payment companies/start ups willing to do business with Litecoin Foundation and or Charlie Lee. Besides, of all the coins in the top 10, it lags in performance meaning it is undervalued...
Hello Traders,
In the top 10 most liquid coins, none is under-valued than Litecoin. It lags in MoM growth and that is why it needs to expand in valuation for it to catch up. Technically, there is no better time to buy Litecoin. In the 4HR chart we have a stochastic buy signal which is perfectly in sync with that of the weekly chart whose prices are oscillating...
