LTCUSD looks to be in an ascending channel and can be seen by white trend lines. from this we can takeaway that it is still holding uptrend. Bottom trend line resistance has been tested over 6 times and is STRONG. Breakdown below this is a big red flag, I recommend setting stop loss a little under bottom channel trend line. It could potentially head to $40 hard...
Several triangle breakouts in the past and a ascending trading channel are in place to several months now on Litecoin. We are still located at the lower levels of these indicators and therefor a perfect spot to take positions. Break outside the bullish trading channe will acellerate the upward momentum rapidly. Based on historical date litecoin should climb a...
I'm putting this one on close watch. Follow me at thecryptolabs.com
After yesterday's increase in price, LTCEUR has dropped to a 1.6 fibb level, below the initial support level. It then tested that resistance and failed to break it. Does this mean LTC is about to drop even lower or will it continue the path we saw yesterday? Let me know your thoughts. Any questions/comments are much appreciated! Cheers!
LTC can drop to 46.00, but I expect a bounce afterwards. posting this idea to remind myself and to record the trend progress
I Expect LTC to drop soon-.... Its taking to long to break trough right now. So perhaps a re-focus could be good. I've got good expectations for BTC (short) and XRP (mid-long). What do you guys think is a good short besides BTC?
LTC is about to break out, i'm expecting it to climb up to aprox € 55 / €60. even better for long term, aprox €75 before december. Its all about the repeating pattern and the rise of BTC.
MACD is showing Positive divergence. Higher lows on indicator and lower lows on chart are revealing that there will be trend change soon. At these levels it's great opportunity to open long term trades. Buy In: around 43.5 level Long Term Profit: 60-62 levels and level 74 Captain appreciates constructive feedback & comments :3 Yarr!
Three floors for LTC show when to go long when the floor has been stablished. If floor is broken I will not buy. Each candle is 1h worth of time.
The price stays on SMA100 which is a strong support line. RSI confirms price reversal, but the signal is far from the oversold zone. MACD lines support upward movement. DMI tells us that the bears are not so strong and we can open long trades. Pending orders for buy should be placed at 46.50 level and stop orders below the support zone at 39.00 level. Profit...
LTCEUR has broken top flag line and going up. My expectation is to stop around 50 EUR.
After recent developments, its obvious that risk management is everything. "spreading risk" over multiple currencies might just be an illusion.
After a labor day weekend sell off in crypto, litecoin appears to have formed a support trendline for its base and accumulation for it next run up. Volume is low but volatility remains high. This looks to be an opportunity to go long on litecoin. With lightning network going live, atomic swaps, excellent dev support, litecoins solid history, continued adoption...
Eliot Wave 5 to come. One more impulse after the correction is finished.
I just looked at the situation LTC / EUR. Here three possible trend lines / ways. Just for info: I am long with LTC. Let's see what happens. Happy trading. :-) See also:
LTC has been pretty consistent and we're seeing the rotation into LTC that typically happens after a BTC move. The cycles have been consistent but it looks like LTC wants a higher ratio to BTC based on volume profile. This tells me that LTC could have significant upside moving forward. Not only is USD, but more importantly we can see the technical upgrades...
The price moves upward in the borders of an ascending price channel. When the price bounced from the trend line of the channel, we got a buy signal. RSI confirmed price reversal. Now we have to place pending orders for buy above the local swing high. If the market moves higher than 41.00, it will be a good confirmation of further upward movement. Stop orders must...
Breakout at 40 a possibility if support broken, otherwise we will fall to lower support at 33. Doesn't look like litecoin will "moon" but there is good money to be made here. Next resistance is at 44Eur and 50Eur. Buy orders should be placed at 39.50 or more, with stop loss below 37. Take 25% profit at 44, setup new stop-loss below 43. Watch resistance. Set-up...