Litecoin Trendline BreakoutHey traders, in this week we are monitoring LTCUSD for an interesting buying opportunity around 120 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Buylitecoin
LITECOIN INTERESTING BUY ZONEHey Traders, in today's trading session we are monitoring LTCUSDT for a buying opportuntiy around 147 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Litecoin A formation of long trend?We can see a long trend beginning to form with lite coin. Whilst many speculate over potential sell off/market dump soon to happen to the main stream alt coins, we believe the new drawn attention could see some of the major players take on a bull run.
In the event of an extended breakout and the trend continuation, Litecoin could test resistance at $170. The second major resistance level sits at $165.11.
Failure to avoid a fall through the $148.38 pivot level and the 23.6% FIB would bring the first major support level at $141.77 into play.
Barring another extended sell-off, Litecoin should steer clear of the second major support level at $131.65.
(Buy) Litecoin Technical Analysis for May 4, 2018Hello Traders,
Litecoin is designed for merchant and those willing to buy sell pseudonymously through blockchain. There is more adoption considering the number of merchants and payment companies/start ups willing to do business with Litecoin Foundation and or Charlie Lee. Besides, of all the coins in the top 10, it lags in performance meaning it is undervalued with better upsides in the long run.
Full TA at NewsBTC by Dalmas Ngetich
