Short term resistance level on the 1D has been hit and has acted as support, with the 25 MA also adding support at the same level. There has been a large sell of recently of LTC / USD and one would expect a bounce here. A trend of repeated higher lows also adds confluence and a level of support, so a bounce seems imminent. There are no strong resistance levels...
LTCUSD before rising. The exchange started a fractal copy. Its size is half the size of the previous fractal. So 2: 1 copying is done. Why? The answer is the white rectangle below it. The size of these was calculated from the ATR extremes. In several of my analyzes, I have explained that these data represent predictive volatility. In other words. Half of the...
LTCUSD before rising. The exchange rate may precede fractal copying. It has a 1: 1 size. In my analysis, it can be seen that the first fractal can be copied. In case my analysis is correct, the target price for the rising wave structure is 104,562usd
LTCUSD long TP: 104,562 usd. In my latest BTCUSD analysis, I projected a more significant upswing. I am thinking of a similar rise in the LTCUSD chart. The exchange rate analysis starts from the fractal sequences shown in the figure. Apparently 1: 1 fractal copying is done. I will continue to vision this. I see its explanation that the size of the correction...
LTCUSD long entry is pending. I assume a corrective downward movement in the exchange rate. You can see that the LTCUSD chart is fractal copying. The pale, thin blue rectangles indicate the vertical shift of the wave sequences. My assumption is that the rise will continue. Currently, I am expecting an adjustment up to 61.943usd. The target price at the end of the...
LTCUSD correction after long entry. My previous analysis closely followed the LTCUSD movement. Therefore, my current analysis is based on the already familiar set of rules. In my opinion, the exchange rate has entered a correction phase. Fractal copying can still occur. The analysis shows that both fractals developed near the 200-day moving average crossings. You...
Litecoin, just like Ethereum is in a descending wedge and is looking for a breakout on at some point in January.
I predict a revisit to early $0.30 cents will be followed by a sharp reversal to the upside.
LTCUSD before rising 31%. The colored rectangles in the analysis show the fractal sequences of the exchange rate movement. The red rectangles represent the correction sequences and the green rectangles the ascending sequences. The thin light green rectangle shows the maximum ATR distances that can be measured during ascent. The following conclusion can be drawn...
Monfex is at your service and today we overview LTC/USD compare with BTC/USD .
It's a strong bullish pattern behavior like we see at BTC/USD at the left chart and now we have the same by LTC/USD at the right chart analysis.
Active Trade Signal by LTC/USD :
Buy zone ~ $ 58
Target ~ $ 64
Stop - $ 56,3
Share your thoughts,...
HELLO I JUST OPENED ANOTHER (2ND) LITECOIN BUY
PREVIOUSLY I HAD A BUY ORDER WHICH NEVER FILLED AT 6919
IM FILLED AT 7134
PREVIOUS ENTRY SHOWN IN THE CHART
READ PREVIOUS CHART TO CHECK THE WHOLE IDEA.
MOVING AS EXPECTED AND HOPING IT WILL CARRY ON
LTC is close to its trend line which has been in a downward trend since 14th of January, we have two targets which are both marked in the (RED SQUARES). Litecoin has lost significant value since January but as we reach the trend line, a possible breakout is in play.