Bullish Cypher on LTCBTC 1H. The price seems so range for some days, looking at the harmonic pattern we can expect a bounce on the 12960 support. RSI and MACD are both close to the 50 and 0 zone oscillating around it. Buy-in: 112960 TP1: 13145 (38%) TP2: 13250 (61%) TP3: 13520 (124%) for those who like risks but I recommend that at least 75% of the bag has been...
LTC is looking bearish toward the apex of a symmetrical triangle. (On the 4 hour time frame) Usually lower timeframe triangles are less reliable but they can still lead to a move. Maybe of a few %. Here's what I see happening. As always let me add my disclaimer. I'm a non professional speculator sharing my trades and analysis for my own trading improvement....
Looking at some key areas of resistance and support on the 4hr chart. I said LTC would break out in a chart I shared yesterday. Looks like it did not disappoint me :) (I linked the chart from yesterday to this Idea) Keep an eye on the price. We are on top of former support but we are on shaky ground IMO. But WTFDIK?
Roughly a year long rounding bottom. Target is 220 although it may take time to get there. Halvening soon also. Note: I believe in the history BTC has spiked more shortly after the halvening moreso than before it. Time will tell how quickly LTC moves up. I am already Long LTC
We should see around $180 and then come back down to $100
4H CHART EXPLANATION: In 4H chart price is making a bullish corrective structure just after breaking the Major Resistance Zone. If this structure is broken, we we expect the bullish movement to continue towards the Resistance Zone at 170. MULTI TIMEFRAME ANALYSIS: Daily: Weekly:
BINANCE:LTCBTC just completed an ascending triangle and has reached its first target. The unperfected 9 Sell setup also coincide with the start of a sequential sell countdown. This is a good indication of a possible continuation of the bullish trend. Price is consolidating for now and could form a bull pennant. A retest of the upper line of the ascending...
Expect stops at every resistance fib. Purple fib is pure speculation, although plays well with the rest of the chart. Use carefully to navigate.
BINANCE:LTCBTC correlation check next target zone from 0.017 to 0.019 #theminimalist
Litecoin is looking strong against USD as the halvening day approaches. The block reward will be sliced down to 12.5LTC from 25 around August 6th 2019. LTCUSD is sitting at $100 and is roughly following the upward channel printed by the pitchfork on the chart. The highest point that the channel meets the Halvening Day is exactly at $150 so a long position from...
- Breakout HS pattern - Breakout FW - Big event coming - Big vol
A break above the double bottom confirmation line can push prize into the potential reversal zone of a bearish shark pattern. LTC is currently breaking bullish with bullish divergence on MACD and RSI. Once price hits the PRZ, a bearish shark pattern will be confirmed when price crosses below Red confirmation line.
Have a great day all!
TraderNoxtreme Here, Well perhaps the time has come. We have reached a SERIOUS indecision point after 2.5 months of upside. The gains have been huge. Lets be real. This could really be the top of the new bull market... We expect a lot out of this space. We do not have to go back to ATH no matter how much it seems like we should. The HYPE is fierce in this...
Bounced off of support/Fib. Stayed above 100, following trendline. SIMPLE - LTC is the strongest of them all. Need to break 125 on this next move up. I believe we will, seeing that bitcoin will soon be 10K at which point LTC will be 150.
Uptrend is still intact. Notice the price action when RSI is high above or below price.