LTCUSD complex correction for smaller wave 2 of larger wave 3 Seems like LTCUSD is almost done it's complex correction of smaller wave 2 of larger wave 3. Once, correction wave Z finishes, we should be continuing to climb.
Charlielee
Bullish on Litecoin ($LTC) Reasons I'm long on LTC/BTC are as follows
-Simple fundamental drivers in the block halving in 14 days.
-Bullish consolidation under resistance
-Charlie Lee
Long it, don't even think twice
LTCUSD Waiting for his rocket !!!LTCUSD
Deal for 1 month for (45 %)
Bitfinex Bids $5,524,121.25 Asks $6,518,083.31
If you trade with leverage, determine the entry point or watch me, I will update if the situation changes.
I keep my hand on the pulse, put a pending order at a price of 77
Litecoin Halving ChartHello Traders, welcome to my Litecoin halving chart.
Litecoins mining block reward halves every 840,000 blocks which takes roughly 4 years to reach. I have added the halving dates onto this chart to see if there is any correlation between halving dates and price movement. In theory a halving event will start reducing supply which could increase demand.
LTC Parallel Bart Channel Continues...Here we have COINBASE:LTCUSD on the Daily. I believe we'll reach for $64-$66 range and prior support/resistance before retesting middle $50's. Looks to continue healthy gradual growth and pullbacks.
Possible incoming correction coming for LTC/LTCH19/LitecoinWhats up everyone! LiquidMEX back again as it has been awhile since i have posted any charts lately. I have
been very committed to teaching my PREMIUM MEMBERS how to effectively trade on BitMEX.
LTC looks like it needs a correction i could be wrong though as you can see above in the chart
i give my reasons on why i believe we will have a correction. NOW KEEP IN MIND the only way i feel
my chart will not play out is that if BTC pumps to around 3900 level. Over all i am quite confident that
we will see some sort of correction very similar to how you see my chart. I am currently in a SHORT POSITION
as i am looking to close my short anywhere from 0.01385 to 0.01280 levels. I will keep you updated on the outcome
of this coin as i believe we have A LOT of upside ahead of us for LTC!
THANKS EVERYONE. LiquidMEX
Charlie Lee Is The Best Crypto Trader Ever... Prove Me WrongCharlie Lee will go down in the history books as having some of the greatest predictions in crypto.
I wanted to mark these tweets in the history books so people would remember the mind blowing trading genius Charlie Lee.
On March 30th, he tweeted that after Segwit, Litecoin Price woudl go up an estimated 300-400% to $14 was near the absolute bottom of Litecoin's price.
Litecoin had an astounding 2000% run from his tweet after Segwit activation and then people started taking profit.
On September 14, 201 at the absolute bottom of the correction, Tuur Demeester tweeted "I've started buying the dip."
Charlie Lee responded to his tweet, in god like trader fashion...."I agree. I think we are at the bottom or clsoe to it."
After an astounding and astronomical price rise of over 8000% from the original March 30th, 2017 tweet about Segwit, Charlie lee writes a foreboding tweet where he warns that he expects a multi-year bear market and price to drop from $400 to $20, similar to how it had dropped in the past.
This prediction was made at the exact top of the market.
More than that, he also wrote an in depth Reddit post on how he had sold all of his litecoin over the past few days (at the exact top of the market.)
He had obviously sold some before this at varying levels, but he called the exact bottom, as well as the exact bottom on the litecoin correction and nailed the exact top. Astounding accuracy.
During this more than a year long bear market, Charlie Lee has not been as active on Twitter... but on December 15h, 2018 at the bottom of the Litecoin price at $22, only $2 away from Charlie's prediction... he tweeted out... "Don't Bet Against Charlie Lee."
Lo and behold, Litecoin is up 158% since that tweet and is leading the market today.
What do you guys think?
Is Charlie Lee the best crypto trader on the planet...?
Litecoin, CUP and HANDLE forming/Upcoming LTC HALVINGHi Everyone!
Welcome to another analysis
As you can see we have litecoin on the Binance exchange. I am currently in a long position
with 25x leverage that i entered in at 917 earlier today. We look to be attempting to push
above previous high around the .010 level with incoming volume i believe we will see litecoin
at least test previous resistance of either 0.098 or 0.010 personally i am bullish on this coin as
there seems to be a lot of momentum building for this coin as well an upcoming HALVING in the
future. Volume at the moment of writing this on Binance at 2175 BTC . If we can break above the
previous most recent high i see this doing EXACTLY as i have mirrored on the chart above. Feel free
to message me on my discord if you have any questions regarding this trade!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
Huobi to launch derivatives market in 24hrs for LTCUSD/LitecoinHi Friends!
Huobi has announced that they are going to be launching a derivatives trading
market for litecoin this could will most likely bring in a decent amount of volume
into the overall markets for LTCUSD. As we can see we have attempted to break above
the $40 resistance and got rejected. Keep in mind that the price of LTCUSD prior to its most
recent uptrend was trading around $22 and reached $40 now we have fully retraced to on the 61.8
after break out finding support and looks like another uptrend is looming right around the corner. I will
Keep everyone updated as good as i can but if you want to personally ask me about a specific coin or analysis
i have done then feel free to join my Discord community in the Signature box below!
Also if you want more ACTIVE UPDATES on some of you favorite ALTCOINS then make sure to join my DISCORD community
LINK is below in the SIGNATURE box!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
LTC to run - Reddit announces LTC payments coming. Charlie Lee..Reddit CTO today announces LTC payments are coming...Charlie Lee re-Tweets it.
Could be a shot-in-the-arm that LTC needs to get over this short-term resistance?? Hmmm....
I'd say Abra announcement re LTC will be coming within a week, too.
twitter.com
Litecoin bout' to get a whole lot lightersell order for €164 - Buy order €119.5 if the sell order executes.
Rumour has it Mount Gox trustee has 166k bitcoin to sell (market sell)
my pants will be full of litecoin when it hits €1k
cheers to charlie lee & an early retirement
Mayday Mayday - Litecoin100 EMA held Litecoin bull flag formation
SHORT SIDE
If it breaks to the downside (closes beneath $200) this strongly supports the C wave .....my buy limits are:
€162.87
€156.34
€147.64
€131.24
(Blue Line) 61.8% retracement signaling the next uptrend
LONG SIDE
Breaks the 50% retracement (Green line) we're extremely bullish.....my profit limits are:
€203.42
€221.46
€246.07
€282.98
Litecoin Upwards Trend Looking Stronger
After successfully breaking out of the multi-day diamond (more like a rhombus, actually), Litecoin rallied early today only to fall back briefly. But this pullback is looking like the lower level of a new 15-minute bull pennant, which has yet to be fully confirmed. Look for the price to rise back to the top of the flag, then fall to the lower end, only to rise again. Litecoin loves its flags, and this is looking like another clue that the upward trend is continuing.
Will be interesting to see how a podcast interview with Charlie Lee this afternoon (3pm PST) will affect things.
twitter.com
LTC Bull FLag on DailyLTC Bull flag set up on really nice consolidation.
4 hour Rsi confirmation
Fundamentals are looking great for this coin in the long run.
50day MA back acting as support
These coins really need to start separating themselves from BTC. There is still a correlation between the big three BTC ETH and LTC and when the daddy falls the rest still seem to be affected which is worth noting when think about a trade.
LTC to 800 by year end .. ?? whats your opinions ?
LITECOIN TO $1000 THIS YEAR?!Litecoin's ATH on coinbase reached around $420 in accordance with Bitcoin hitting it's ATH of course. It's mega bull run boosted it by 700% in 35 days. Charlie Lee and the Litecoin Foundation are prioritising the adoption of the coin and the number of platforms and merchant processors supporting LTC is increasing. As a result, I feel that once the cryptocurrency market regains bullish momentum, Litecoin will increase in price as extortionately as it did before. If the price can recover and stabilise from here, another 700% increase would take the Price up to the $1000 region which fits nicely within the parallel channel.
However, LTC is reliant on BTC and succeeds by being cheaper and more efficient so if this were to change or bitcoin was to be regulated in the upcoming months then LTC may experience the bears once more. In the short term I feel there may be some more downward movement to come perhaps to retest the support of the parallel channel before upward movement. But, if LTC fails to breakout then there will be more bears to come!
Keeper of the LitecoinIt's simple folks
buy limit set on the 200 EMA if 0.786 line of support fails.
(View of the 1D chart)
"2018 will be a good year for litecoin" - believe
.02BTC - LTC's Glass Celing Image is self explanatory, even breaking .02 isn't a guaranteed breakout as seen in the past, but the upward pressure is there over the last year. Think of LTC being seriously undervalued over the years and more falling upwards in it's recent sudden rise to 400$(GDAX). LN and Atomic swaps will make LTC among others exclusive members of the segwit club with BTC as the daddy of them all, not bad company to keep. Two weeks over .02 anytime soon, and we're going to see some seriously insane action.
LTC is back at it again! Correlation chart 4HLTC is climbing it's way back up from bottoming out. Let's see if it can make a new ATH. There is a fundamental / possible rumor in play that it could be implemented as a payment option for facebook. Zuck has came out and said that he is looking into implementing crypto and Charlie Lee has sold all his LTC so he can not have financial ties to the project, but he still supports it. It is looking strong here. Do your own research and this is not advice to take any position.
LTC #LiteCoin founder selling of coins is for a good cause !People misunderstood and the graph shows it all. Once they find what it is, it is surging back to where it was and might hit all time very soon.
Charlie Lee's exact words : Pelase read adn don't panic.. LiteCoins are going to be Silver treasure in the long run :)
Over the past year, I try to stay away from price related tweets, but it’s hard because price is such an important aspect of Litecoin growth. And whenever I tweet about Litecoin price or even just good or bads news, I get accused of doing it for personal benefit. Some people even think I short LTC! So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence. I have always refrained from buying/selling LTC before or after my major tweets, but this is something only I know. And there will always be a doubt on whether any of my actions were to further my own personal wealth above the success of Litecoin and crypto-currency in general.
For this reason, in the past days, I have sold and donated all my LTC. Litecoin has been very good for me financially, so I am well off enough that I no longer need to tie my financial success to Litecoin’s success. For the first time in 6+ years, I no longer own a single LTC that’s not stored in a physical Litecoin. (I do have a few of those as collectibles.) This is definitely a weird feeling, but also somehow refreshing. Don’t worry. I’m not quitting Litecoin. I will still spend all my time working on Litecoin. When Litecoin succeeds, I will still be rewarded in lots of different ways, just not directly via ownership of coins. I now believe this is the best way for me to continue to oversee Litecoin’s growth.
Please don’t ask me how many coins I sold or at what price. I can tell you that the amount of coins was a small percentage of GDAX’s daily volume and it did not crash the market.
UPDATE: I wrote the above before the recent Bcash on GDAX/Coinbase fiasco. As you can see, some people even think I’m pumping Bcash for my personal benefit. It seems like I just can’t win.
Coinbase money may be dumb, but oh so powerful!Crypto is on FIRE! Money is getting throwed into cryptoland at record speeds.
Primary with Coinbase, which is very evident today by the looks of Litecoin.
Fundamental
So first let me start of with a quote from my last trade idea on LTC: (73%+)
"ALSO! Remember that Litecoin is on Coinbase. You know, that exchange that keeps getting massive amount of new signups and a huge percentage of the new stupid money that enters the space."
That's whats happening today :)
I also had a sick prediction a year ago on LTC: (870%+)
I am telling you about my past predictions because I am now turning from bullish on Litecoin to neutrual. And maybe to brag a little, lol ;P
Anyways, the reason for me turning on Litecoin today is simple, large percentage gains.
Litecoin has gone up massively. From 4 bucks to trading in the 300 range today. I think there might be room for a run up to 400 range in the short term, but I don't like the risk/reward on it.
Longer term however we might see more gains, perhaps 900 range. So I will be looking to take a position again on Litecoin, but not today.
I wrote a good amount on Litecoin fundamentals on last trade idea, so if that's of interest, that's the place to look.
Technical
You can see we have broken out of both the channel and my pitchfork. Currenty we are testing the 3.618 from last run (4to94USD) and 4.618 from the September correction.
This is where I sold my Litecoin as I think it's a nice place to take my profits :) (319 USD)
Above these fibs I am looking at the 4.618 from last run. If it goes up there in the short term I may be looking to take a short trade. I will post about it in this trade idea if I do.
So when is the time to buy? If it goes down to test the channel and my pitchfork I believe it will be a good time to buy again. 195 USD is number that looks very attractive to me today.
If you are interested in my crypto activity, I am currently working on a portfolio page in my website.
kryptokelly.com/portfolio :)
Not totally finished, but it's getting there!
