Litecoin has equilibrated, tending to the lower bound of the range it has been holding for the past month. This lower bound was breached as CPI data on Thursday rocked the entire crypto market. Incredible volatility was introduced but we were quickly able to reestablish equilibrium. We are currently seeing support at $50.64, which is the final technical level...
Litecoin on the 4 Hour seems to be preparing to reverse trend and target the 54 dollar level at a minimum if we get really lucky it will go all the way to 62 before slowing down again. On a sidenote the RSI is developing a Bullish HnS.
The LTC price will fall from these prices. We have had a zone that couldn't pump the price for 2 days, showing buyers' weakness after that falling leg. It seems the pullback has been completed, and the price can decrease more with a strong bearish candle.
Litecoin tumbled through our support levels at the base of the $50 handle, testing $49, before a swift buy-back clawed back the $50 handle. We broke through our level at $50.64 and are currently testing $51.92. It appears as though we may recover the range it has been holding for the past month, between $51.92 and $55.84. We will need more momentum to come...
ETHW looks like its about to make its next run up. This will be wave 3 and the previous high around $14 will be a blip on the chart. I can see ETHW running to about $40 on this next run and possibly higher depending on how much attention it receives. I think the bottom was around $7.60 like I predicted in my previous chart which was major support. Invalidation...
Litecoin has slipped from support at $51.92, which has provided support all month. We are currently testing $50.64, which is a level we have mentioned many times here in these reports, and one dedicated readers should remember. This is our expectation for a lower bound, and if this does not hold the next support level is $45.48, deep in the $40 handle. If we...
seem good for a short with Doji, say hello 32.40, use stops
here are my ltc long trading idea and where im looking for longs
I've been a long-time advocate of Litecoin and I believe the breakout has happened, although many haven't even noticed... Too many people are focused on the negativity and what Bitcoin is doing and have forgotten about the lost silver of crypto!
Litecoin has found support at the lower bound of the range, with $51.92 holding nicely. We should anticipate further support at $50.64 if things turn south, but these two levels have provided consistent support over the past month, so we do not LTC falling much further. If so, there is a vacuum zone to the mid $40's. The level $55.84 should hold as the upper...
Litecoin has slid from the highs of the range, testing support at relative lows. This range has held solid since mid-September, so we anticipate to continue to hold. We have strong support from $51.92 and $50.64. If support holds at these levels, we should see a pivot back to $55.84, where we are sure to see more resistance. However, a sharp selloff could...
Litecoin - Intraday - We look to Buy at 50.51 (stop at 49.58) With signals for sentiment at oversold extremes, the dip could not be extended. We look for a temporary move lower. We look to buy dips. Bespoke support is located at 50.50. Our profit targets will be 52.98 and 53.48 Resistance: 53.00 / 54.00 / 55.00 Support: 51.50 / 50.50 / 50.00 Disclaimer –...
Litecoin bounced off the support level. Bullish movement to resistance level at 54 is expected to happen. If the next resistance level will be broken up the Litecoin is supposed to reach 55.4.
Price is still ranging in an ascending triangle. If price breaks below this support line then i would expect it to move all the way down towards the major 6h demand at $49.
RSI has reached its bottom point Price will likely pose a reversal I have a feeling that the reversal we will see will be a lot different to the previous two rallies that I have charted (300%,400%). With a bigger breakout being on the horizon. Linking some relevant ideas below
LTC has maintained its range trend at the $50 support area. The buyers of this currency have not yet been able to break the resistance of the range of 56 to 55 dollars. But there have been attempts to move upwards. The trend of this currency in the 4-hour time frame is the range, and according to the positive divergences formed in this time frame, if the...
October in the past has been seen as a short term bullish period for LTCUSD LTC right now is entering its October state and has formed a sharp bullflag like structure This could be the time for a breakout on relevant time scale similar to that seen in these prior years Interesting
LTCUSD sitting on the support. Buy now and sell at the resistance. As Bitcoin is still consolidating, we expect 9 % pump and then getting rejected and coming back down. Good luck