Litecoin / U.S. Dollar LTCUSD

The LTC/USD pair looks to have completed a running flat correction and may now be commencing wave C. It is notable that the (B) wave of the correction was nearly a 1.618 extension of wave (A). Targets for wave C would be ~$44 with a 1:1 extension of waves A and B and ~$54 with a 1.618 extension.

Here we examine the potential A-B-C correction in LTC. The dark blue count reveals a scenario where we head for another impulsive wave down. The pale green count looks at a possibly finished down trend. From my perspective, the dark blue count seems much more likely at the moment, though continued resilience at these price levels may lead to a commendable bounce...

What Halving means? Halving is a term common among cryptocurrency miners – the process sees the reduction of mining rewards of cryptocurrencies slashed by 50%. The halving is the event, the moment when the mining reward is divided by 2, is commonly called "halving". Other denominations are used: "reward drop", "reward halving", or simply "the halving" or "the...

Experiment involving channels to anticipate price barriers. I expect price confinement to a path created by the darker areas.

retest bottom low

The LTCUSD pair remains under selling pressure on Wednesday, as the eight largest cryptocurrency by market capitalization struggles to rally away from the worst trading levels of the week. Litecoin buyers need to force price back inside the well-defined flag pattern to negate immediate downside pressure. The LTCUSD pair will likely come under further technical...

anchoring trendlines from higher highs to higher lows. previous intersection signalled a break of trend line.

waiting to see if it respect the trend line and forms a bullish pattern for a new move up for a higher high.

a quick scalp trade indicating a small push up to $33 level. still in correction

On LTC/USD we have reversal pattern (inverted SHS) which has been broken (neck line) and getting ready to climb higher. At the moment pair is breathing to the strong trend lines back (thich grey line). Until the price is above 35.77 is bullish until price will reach bearish Block where the pair can face a strugle. If price will manage to break and stay above we...

Bigger Harmonic Pattern Timeframe: Daily

really close to the end for a trend reversal. head and shoulder pattern will make sense as everyone things crypto are going to zero.

Litecoin has moved back under the $30.00 level after finding strong technical resistance from the $31.50 level on Wednesday. Before correcting under the $30.00 handle, the LTCUSD pair had gained close to thirty per cent in market capitalization since opening the new trading week around the $24.40 level. The MACD indicator on the four-hour time is starting to...

As long as price remains within its channel, its always safe to trade in the direction of the channel. The current bearish channel shown on the chart is still holding for this pair. The current short trade within the channel is marked by the green and res lines. Note how they knew where Fib 50.0 was. I like placing entry...

Potential for a long trade here on LTC after this pullback. There is some resistance at target 1 however if this breaks price could reach target 2 at AB=CD extension. On this chart I have incorporated the ZenTrend and Hoffman scripts for entry, stop and targets.

diamond pattern

Litecoin ( LTCUSD’) needs no introduction. We will be looking at it shortly and going straight to the trade: snapshot - We have a falling wedge , which is a bullish pattern . - LTCUSD’ is now sitting at 2017 strong support levels. - MACD curving up and bullish crossover. Trade instructions for Litecoin’ (LTCUSD) by Alan Masters Buy in: $50 – $54 Targets...

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.