Litecoin path to 2022, i know this seems like a long accumulation period but it has been seen in the past and history tends to repeat itself. As a stablecoin, litecoin doesn't provide much utility in comparison to other cryptocurrencies. Also included some fib retracement levels, and some sine time lines.
Looking for a bottom, if fib line doesn't hold (it should) continuation of the downward channel will be seen. Still practicing these fractals.
Wonky inverse H&S pattern followed by bitcoin, possible trend reversal. Still learning these fib retracements so let me know if i'm doing it wrong :) 0.82 regression downtrend, so clear downtrend still (i shouldn't be picking bottoms, but i am). Fibonacci retracement hits 0 at $42. Short term trading target is 0.236 fib line at $48.
waiting to see what happens here, there is a cross up EMA 200 OR crosses down the MA 55 line. Strong Resistance at Fib 61.80% and EMA 200 Strong Support at Fib 78.60% and MA 55
Two months and a half ago, Litecoin was hovering in the vicinity of $147 a coin. The bulls seemed unstoppable after lifting the price by over 560% in six months. Unfortunately, an invisible threat was brewing under the surface. According to the Wave Principle, a five-wave pattern, called an impulse, indicates the direction of the larger trend. As the Daily chart...
hey guys, in this analysis I'm bringing you litecoin `s bearish scenario just to keep it in mind since 95% of the analysts out there are screaming " moon moon moon " Since I'm too lazy lol I decided to explain everything on the chart. please take your time to understand my point, thanks in ADVANCE. Nothing I'm sharing over here is a financial advice.. its all...
Litecoin has resolved to the downside from it's symmetrical triangle (as i noted in my prior Litecoin article) and looks to be set to retest the 20 ma support on the weekly, around the $90 USD level. Note that this point acted as must hold support during the 2017 bull market and i believe could very well do so again, at press time Bitcoin and Litecoin appear to...
LTC has been moving inside an ascending channel for 7 months and now it’s testing the support. On the 4h chart we see that LTC is being squeezed between the ascending channel support and that local declining trend line. This thing is going to explode. Which direction? Here is something to consider: Death cross between 50 & 200 EMAs after a tremendous...
Hello to all watching my charts Litecoin LTCUSD is similar to Bicoin at the moment on a run move long. THe charts of these pair is much stronger than Ethereum ETHUSD Both of my trendchannels are showing a long rund AND the shorttime channel which shows us the next direction at first is getting up an up, so showing us, that the long trend is very fine. I do...
#Bitcoin #Ethereum #LTCUSD Hello to all watching my charts Nice situation here in Litecoin today As showed yesterday we have made the move above 118.00 (you remember the arrow and my update ? ) and in the very very shortttime channel we re now in a long situalation Now everthing depends on whether the support at 114.50 (lower black line) will hold or...
LTCBTC now is situated into an ascending channel where just hit the resistance 0.0185 and now we need to cool off a little. Stochastic maded a bearcross which means we will going down RSI is at overbought because is more then 70 I will sell here,and i will re-enter at 0.0148-0.0151 for halvening!. Good luck,i will don t play it on bitmex. At the moment we have a...
LTCUSD is approaching its resistance at 142.12 where it is could reverse down to its support at 87.33. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short for a minimal profit with a big risk. Waiting for Long with a small risk with high return. Personal Interpretation Trade On Your Own Risk :)
If you would like to be up to speed on all the indicators not mentioned please see my previous post from June 4th, 2019 (linked below). Possibilities It appears that LTC has developed a sturdy support line at 0.014 BTC (white line), previously a resistance line. THIS IS GREAT NEWS. LTC will likely go towards the 0.5 fib line next, we may see some major...
Litecoin has a little more upside before we might go back down to 0.001 BTC to fill in that void. I see 2 areas of resistance which is the 0.014320 level and the 0.015150 level. If you are long Litecoin it is probably a good idea to take profits at those levels i think. i do not see it go to new ATH's just yet
A few days ago I talked about how good April is going to be for Litecoin. My target was of around $82 and we have reached $84 already, way before I expected. Bitcoin has made a huge green candle up to 5100 in major exchanges and is facing now what it could be the beginning of another big and last impulsive wave down. I´ll talk later about how I see the market in...
If you have the guts for exposure to such high beta (if you're familiar with the concept of variance) then getting into a basket of crytpos is for you. And if getting into a basket of cryptos is for you, then most of your exposure should be to Litecoin, not Bitcoin, Ethereum or EOS. As stated several times and reinforced today, Litecoin remains the best performing...
We all know doji patterns after an uptrend suggests a reversal. LTCUSD saw yesterday form one of these patterns. However, the difference between LTCUSD's doji yesterday is that it did not really come at the end of an uptrend. Rather, price action has moved mostly sideways over the past week of trading. Because of this, I would not start lighting your hair on fire...