Although this structure is far from perfect due to the lower line being violated multiple times, its formation has been going on for over 4 years now and has also been respected many times, and this structure is still in play due to the fact that there is no significant break to either direction, yet.. LTC/ BTC is approaching the end of the apex and will soon...
Let the games begin Ladies & Gentlemen.... LTC finally breaking out of a massive descending wedge its been in since May. Lets hope this one holds.
Much like we discussed with XRP, Litecoin is also a sleeping giant that is about to awaken as alt season rages on. Litecoin has been forming this falling wedge for over 2 years and has reached a technical level that has served as support in the past. This is a good entry point before we see a potential breakout, and sure towards resistance levels...
Here, similar to the ETH chart but a bit, we are in the bottom range, and very bottom of that range If we start reclaiming these range line/SR's we should be able to push on in the higher range, and the weekly chart setup I posted a month ago or so might finally play out. $LTC is essentially a better version of $BTC in terms of transaction speed, fees etc. but not...
BINANCE : LTCBTC : Broadening Formation Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
DESPITE being a short publication IMHO i'll keep this as Neutral as current volatility makes near future uncertain and we could see more sideways movement before the impending breakout -- though when it happens it'll be fast & unpleasant (yes yes, that's what she said; grow up :P) as a selloff will most certainly follow suit and IMHO it will be bearish for some...
Possible pathing of the next bull run for litecoin, immediate resistance is purple line. Alligator can be seen to be eating bullishly, a bullish rejection will probably occur when the green line touches the red line. Price seems to be mirroring early stages of 2017 bull run. Lets run litecoin.
LTCBTC: Falling Wedge Pattern. Note: This is only for Educational purposes; this is not investment advice.
LTCBTC in weekly chart still not test Demand zone. As my personal thinking Market need to test demand zone then it will maybe move to Upside. There is Litecoin Block Reward Halving on 05 Aug 2019, Still, 15 Days are there. The Litecoin block mining reward halves every 840,000 blocks, the coin reward will decrease from 25 to 12.5 coins. You can watch an...
LTC/BTC finally showing bull signs, as you can see we broke some resistances on hourly chart and have developed a very clear range just in time before the block halving even happening in 18 days!!! My plan is as follows- Support zones: - Mid Range level (.008697) - 75% Range level (.008440) ->> Extreme discount! Resistances- - First resistance based off of...
INS (Inverse Head and shoulder) formed, quite adjusted but pretty good... Targets drawn, indicated by boxes (blue boxes) Trading Stragety - Will buy after breakout on retest .... Note: I thought that pattern will fail and LTC will dump heavenly to its previous major support.... Put Stoploss according to you... Join our telegram link for instant news and...
My interpretation of the current situation is that we could be setting up for a nice move - direction unknown though I'm bearish. The chart shows we are trading at the bottom of the 200BB and the 100 is contracted. Short term bands are reaching full contraction. We are in a weak, contracting trend on the CCI RSI is trending down. Long at 8986 T1 2.36% 9199 T2 ...
See image please. *** Since Coinbase started trading the LTCBTC pair, the MACD on the Weekly Candles has only crossed 4 times, and the most recent was in October. We aren't seeing the volume or price increase this time, and I'm wondering if you all feel this latest MACD cross is going to be as significant as the prior three. *** thank you for...